(1682) Bank Analyst

The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought Detailed description The successful candidate will be responsible for the following key performance areas: Supervisory oversight of designated financial conglomerates, banking groups, banking subsidiaries and branches of designated banks (collectively referred to as 'banks'). Assess and analyse the strategies and business models of banks. Analyse and assess the business portfolios of banks. Analyse and form a supervisory view of the risks facing banks and the impact thereof on their risk profiles. Analyse and assess the adequacy and appropriateness of business and risk management practices applied by banks as well as and the alignment thereof with industry best practices. Analyse and assess the evolving economic and operating environment and the impact thereof on banks' risk profiles. Identify and monitor emerging risks and the potential impact thereof on the banking sector and individual banks, in particular. Develop and apply analytical methods to analyse and interpret risk-based regulatory data submissions. Assess compliance with the Banks Act 94 of 1990 and the Regulations relating to Banks. Prepare detailed quantitative and qualitative reports based on the outcome of analysis performed. Prepare detailed formal feedback to banks following on-site reviews and prudential meetings held with banks' management, executives, boards and board subcommittees. Plan, arrange, prepare for, and conduct on-site reviews and prudential meetings with banks' management, executives, boards and board sub-committees. Present the outcome of ongoing analysis and supervisory assessments to senior management of the Prudential Authority and representatives of banks. Maintain permanent electronic records in respect of banks. Manage correspondence pertaining to banks. Undertake ad hoc projects as assigned by management. Perform duties as a relationship manager by, among other things, undertaking frequent, often high-level liaison with banks and other interest groups, such as the external auditors of banks. Job requirements: To be considered for this position, candidates must have: A postgraduate qualification (NQF 8) in Finance, Accounting, Banking, Economics, Risk Management or a relevant equivalent qualification; and five to eight years' relevant working experience in a regulatory environment or the financial sector.