Credit Risk Regulatory Reporting Analyst at Absa

Job Summary

• The credit risk regulatory reporting analyst will be an integral part of the regulatory reporting function within Model Risk performing regulatory data collation, regulatory compliant processing and regulatory rules reviews for inclusion in the banks regulatory return submissions on a monthly basis.The jobholder is required to interact with both internal and external stakeholders across the credit risk function to co-ordinate the delivery of the regulatory reporting artefacts monthly.

Job Description
Accountability: Regulatory data collation and review

• Understand, research and interpret relevant bank regulations as well as internal policies and standards to ensure the regulatory data is fit for purpose on an ongoing basis.
• Collate data using SAS and other tools to enable regulatory processing
• Review data using SAS and other tools to ensure any data changes can be explained on a monthly basis

Accountability: Regulatory processing

• Application of risk measures (e.g. EL, RWA) and management of drivers and development of new risk measures where appropriate.
• Execution of regulatory processing to enable accurate and complete regulatory disclosure
• Ensure all controls (e.g. risk and finance reconciliations) performed are evidenced and available for assurance stakeholders to review
• Ensure deliverables are well co-ordinated, timely (submitted within deadlines)
• Manage time across multiple initiatives

Accountability: Stakeholder Engagement

• Clearly communicate progress, results of investigations and other tasks to line manager, regulatory reporting stakeholders and/or initiative lead.
• Escalate delays to line manager and/or initiative lead.
• Communicate clearly with other support teams to enable timely delivery of modelling data and model implementation projects.

Accountability: Regulatory rules reviews

• Conduct regulatory processing rules review by analysing production regulatory processes and results.
• The regulatory treatments identified in the analyses should then be compares with regulations to identify areas of improvements both from a regulatory compliance and risk measurement optimisation perspective.

Accountability: Risk and Control environment

• Identification and embedment of a comprehensive control framework for the functional area.
• Create, encourage and influence a culture of appropriate control execution and escalation, thus reducing model risk where possible.
• Investigate and enable the embedment of regulatory

Education

• Bachelor's Degree: Physical, Mathematical, Computer and Life Sciences (Required)