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Manager, Regulatory Reporting job at Standard Bank Apply Now
Are you looking for Bank jobs in South Africa 2024 today?, then you might be interested in Manager, Regulatory Reporting job at Standard Bank
Johannesburg, South Africa
Full Time
About the Organisation
Standard Bank, founded in 1862, is one of South Africa's oldest and largest financial institutions. With its headquarters in Johannesburg, the bank plays a significant role in the African continent's economy. It offers a wide range of services, including personal and business banking, corporate and investment banking, wealth management, and more.
Standard Bank is known for its extensive branch network across South Africa and its presence in over 20 African countries. The bank’s commitment to innovation is evident in its digital banking solutions, which provide customers with convenient, secure ways to manage their finances.
Job Title
Manager, Regulatory Reporting job at Standard Bank
Standard Bank
Job Description
To contribute to the strategic direction of CIB Regulatory Reporting by developing strategic plans and solutions in order to shape the Standard Bank Group's (SBG) overall performance in regulatory reporting. To manage the regulatory reporting for SBG to the South African Reserve Bank (SARB) for legislative and ethical compliance through submission of Minimum Reserve Balances and Liquid Assets.
Duties and Responsibilities
Risk Management and Mitigation
Identify, assess, and monitor risks within the business unit.
Develop and implement strategies to mitigate operational, financial, and regulatory risks.
Collaborate with other departments (e.g., risk management, compliance) to ensure a holistic approach to risk control.
Internal Controls and Compliance
Ensure that internal controls are in place and effective to meet regulatory and organizational compliance standards.
Regularly review and update policies and procedures to reflect changes in regulations, standards, or business processes.
Conduct audits and assessments to ensure adherence to internal control measures.
Process Improvement
Identify inefficiencies or gaps in current processes and recommend improvements to enhance control frameworks.
Collaborate with teams to streamline workflows while ensuring that controls are maintained.
Implement corrective actions based on findings from audits or reviews.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications and Competencies
Finance & Value Management
3-4 years
Demonstrable thought leadership in regulatory reporting, underpinned by a theoretical and applied understanding of legislative compliance. Proven experience in developing and delivering improved reporting systems, including hands-on experience working with data infrastructures and distributed systems. Broad experience in strategic development and implementation of regulatory reporting.
5-7 years
In depth understanding of how the banking industry works, with knowledge of available products and their functionality. Extensive stakeholder management skills, with the ability to deliver proven results within a matrix organisation with disparate goals and reporting lines.
Additional Information
Behavioral Competencies:
Adopting Practical Approaches
Articulating Information
Challenging Ideas
Checking Details
Developing Expertise
Technical Competencies:
Financial Industry Regulatory Framework
Information Management
Product Knowledge (Business Banking)
Project Reporting
Root Cause Analysis
How to Apply
APPLICATIONS FOR THIS POSITION MUST BE ONLINE
Click the "Apply Button" Below to submit your Application