Regulatory Reporting Analyst

Job Purpose

This role combines regulatory expertise with process engineering to drive continuous improvement, support business innovation, and act as a key advisor on regulatory matters for both internal and external stakeholders.

To deliver accurate, complete, and timely regulatory reporting for the CIB business unit contributing toward the bank and the group requirements to SARB-PA as well as internal stakeholders

To perform financial analysis on business data to influence and communicate effectively with stakeholders by adding value to the business's financial management strategy.

Job Responsibilities

Regulatory Reporting & Advisory

• Gather relevant information from sources and stakeholders to fulfill regulatory requirements, i.e., reconcile Balance Sheet and Income statement BA return information obtained to the management accounts,
• Prepare, analyze, and submit regulatory returns for the CIB business unit, ensuring alignment with all relevant regulations and internal standards.
• Advise business units and stakeholders on regulatory requirements, especially during new product development and regulatory reforms.
• Act as a primary point of contact for internal and external audit matters related to CIB’s regulatory reporting processes.

Stakeholder Engagement & Collaboration

• Collaborate with key stakeholders, including Group Regulatory Reporting and the Balance Sheet Management team, to ensure integrated capital and liquidity management and regulatory reporting.
• Enable business growth by advising on regulatory requirements for new product development.
• Communicate effectively with stakeholders, providing insights and recommendations based on financial and regulatory analysis.

Process Engineering & Continuous Improvement

• Analyze, design, and enhance regulatory reporting processes to improve efficiency, accuracy, and compliance.
• Identify automation and workflow optimization opportunities, implementing solutions to streamline reporting and data management.
• Ensure that all reporting outputs are accurate, complete, timely, and aligned with evolving regulatory requirements.

Risk Management & Governance

• Ensure compliance with internal and external policies, procedures, and governance requirements.
• Proactively identify, assess, and mitigate risks within the regulatory reporting and process domains.
• Maintain robust documentation and audit trails for all reporting activities.

Other

• Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management. Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

Essential Qualifications- NQF Level

Advanced Diploma/National 1st Degree in Process Control Engineering, Business Process Management, or Finance, Accounting, or related field.

Minimum Experience Level

• 3–5 years in a Financial Services or Regulatory Reporting environment.

Technical / Professional Knowledge

• Regulatory frameworks (e.g., SARB-PA, Basel, IFRS)
• Process improvement methodologies
• Data analysis and interpretation
• Financial management principles
• Governance, risk, and controls
• Microsoft Office and relevant reporting systems
• Business terms and definitions
• Communication Strategies

Behavioural Competencies

• Innovation and process improvement
• Analytical thinking and problem-solving
• Effective communication and collaboration
• Driving for results and operational excellence
• Earning trust and demonstrating integrity