Job Description

Job Summary A well-established bank is seeking a detail-oriented and analytical Reporting Analyst to join its Credit Division. This position plays a critical role in regulatory compliance, financial disclosure, and credit impairment reporting. The ideal candidate will thrive in a dynamic environment and demonstrate strong technical and regulatory knowledge, particularly within the banking and credit sectors. This position is based in Durban.
Responsibilties
Regulatory Submissions: Prepare and submit periodic regulatory reports to the South African Reserve Bank (SARB), ensuring timely responses to any queries or audit requests.
Financial Disclosure & Audit Support: Compile and prepare financial disclosure information required for the Bank's annual and bi-annual financial statements. Support external and internal audits by gathering data and coordinating responses across relevant departments.
Credit Risk Reporting: Conduct analysis and reporting of daily and monthly credit data to the South African Credit and Risk Reporting Association (SACRRA), and resolve any data-related queries.
Impairments & IFRS 9 Compliance: Manage monthly impairment processes, including running the IFRS 9 model and preparing specific and portfolio impairment schedules in compliance with financial reporting standards.
Compliance with National Credit Act (NCA): Prepare and submit quarterly Form 39 and annual compliance reports to the National Credit Regulator (NCR). Stay abreast of regulatory changes and implement branch-wide policies and procedures to ensure NCA compliance.
Home Loans & Mortgage Disclosure Reporting: Handle quarterly and annual submissions related to the Home Loans and Mortgage Disclosure Act. Facilitate coordination with auditors for related inspections and audits.
Executive Reporting: Compile financial and credit data for internal presentation materials, including monthly slides for executive management.
Data Integrity & Reconciliation: Perform ongoing reconciliations across key reporting systems to ensure consistency and accuracy of financial and credit information.
Process Improvement & Automation: Identify opportunities to streamline and automate recurring reporting functions using tools like Power BI. Draft technical specifications to support system development initiatives.
Ad Hoc Requests: Support management with various data requests and special reporting assignments as they arise.
Requirements
A Bachelor's degree in Accounting or Finance.
Additional qualifications or certifications in risk, auditing, or analytics will be advantageous.
Minimum 2 years' experience in the banking sector, specifically in credit or financial reporting.
Proficiency in Microsoft Office (Excel, Word, PowerPoint).
Familiarity with CreditLens and DIX systems preferred.
Strong knowledge of credit-related legislation and regulatory frameworks.
Please Note, if you don't match the Requirements or Industry, you won't be consider for this role..
Benefits

• Competitive salary.

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• Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
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We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise
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Specialists in Civil, Structural, Mechanical Engineering, Information Technology, Mining, Manufacturing and Finance Careers! Hire Resolve is one of the larger and more agile South African recruitment companies that focus on placing professionals and skilled people in permanent employment and contract employment. We prefer and focus on working with top quality professionals and candidates in South Africa and Africa. Hire Resolve has successfully placed Engineering, Mining, IT, Manufacturing and Finance professionals with top firms across the Western Cape, Eastern Cape, KwaZulu Natal, Gauteng and in Africa. Hire Resolve has assisted candidates to find jobs at over 100 JSE listed companies of which many are global companies with offices and operations in South Africa and Africa. It is for this reason that we are well respected in the industries we operate in and in the recruitment industry.