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.

• Contact Hire Resolve for your next career-changing move today

  • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
  • Send me your CV on +27 63 584 7231 (Whatsapp)
  • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
  • Please use "Reporting Analyst" as your subject line when applying via email 

  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