Business Analyst/ Project Manager: IFRS 9 Supplementary Reporting & Credit Risk Regulatory Reporting at IQbusiness

Job Purpose

• To design an organisation-wide short-term and long-term solution tprepare the “IFRS 9 Supplementary Information Schedule” (IFRS 9 Schedule) that will be submitted tthe South African Reserve Bank Prudential Authority (SARB PA) monthly.
• To provide project management and business analysis support for the Credit Risk Regulatory Reporting Stabilisation Project (CRS Project), which includes multiple enhancements across input data, calculations, controls, and process improvements.

Job Outline: IFRS 9 Schedule

• Provide a specification of requirements: The business analyst is required tprovide a detailed, technical specifications of the data sources required tpopulate the IFRS 9 Schedule.

The specification should include the following:

• Definition of all fields required for the IFRS 9 Schedule
• The source of data required tpopulate the IFRS 9 Schedule, across multiple systems and
• business areas. This will include the required fields/accounts and location of the field/account, as well as any gaps identified in sourcing the required data.
• Proposed solutions tproduce the IFRS 9 Schedule. This includes identification of the system requirements, resource (time/skill) requirements, and a list of the advantages and disadvantages of each solution proposed.
• The recommended solution and rationale.
• Map the short-term and long-term solutions towards preparing the IFRS 9 Schedule:

Job Outline: CRS Project

• Use project management and business analysis skills timprove the credit risk regulatory reporting environment in the Group Credit Risk function. This will require hands-on efforts tenhance automation, processes, controls, data quality, and systems across the calculation of Credit RWA, producing BA returns, and providing other regulatory reports like Pillar 3 disclosures.

Skill Requirements:

• Executive: Executive-level thinking, tprovide solutions with commercial benefits, while being hands-on.
• Project management: blend of traditional project management (timelines and reporting) and agile (squads  and sprints).
• Business analysis: map current processes, identify better solutions, implement solutions where possible (data extraction and simple office automation), spec solutions that require IT support, documentation, testing, change management
• IT systems: ability tunderstand systems architecture and process flows.

Banking experience, including:

• Credit Risk, especially calculation of credit RWA
• Banks Act Regulations and Returns, especially asset classes
• Financial reporting and reconciliations

Banking IT systems

• Exceptional problem-solving skills, with industry experience in reinventing processes to achieve efficiency and effectiveness.
• Excellent communication skills.
• Execution skills: able tdesign and implement effective and efficient solutions within tight deadlines.
• International banking experience: if possible, the best in the industry.
• Efficient: Able tdeliver commercially viable solutions, in record time.
• Proactive, self-starting, and forward-looking: ability tidentify and resolve blockers, and drive results in a collaborative, constructive manner