Financial Business Analyst at Nedbank

Job Purpose

• To perform financial analysis on business data in order to leverage and communicate effectively with stakeholders; so as to add value to the business's financial management strategy.

Job Responsibilities

• Build research capabilities by collating data from different sources and communicate to all stakeholders.
• Communicate solutions and ideas to stakeholders through meetings; presentations and generating reports.
• Build and maintain professional relationships with all stakeholders at all levels of the organisations.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Create new innovative value by identifying analytical opportunities within Nedbank.
• Identify business problems by analysing data and reports from various sources.
• Understand impact of scenarios or changes on the business by developing analytical tools for internal and external clients.
• Provide meaningful recommendations; explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Ensure that financial business analysis is conducted in line with the set standards.
• Enhance processes; policies and procedures by researching; reviewing current documents and submitting recommendations.
• Ensure compliance by following policies and procedures and data integrity.
• Contribute to intellectual capital development by providing continuous motivation; mentoring; coaching and on the job skills training.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• Ensure value is maintained by identifying opportunities and potential risk and addressing them.
• 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.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce: Financial Management

Preferred Certifications

• Microsoft Power BI
• TM1
•  IBM Data Analyst
• SQL

Minimum Experience Level

• 3-6 years experience in Financial Services Environment

Technical / Professional Knowledge

• Business Acumen
• Business principles
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Nedbank policies and procedures
• Principles of financial management
• Research methodology
• Business writing skills
• Microsoft Office Product
• Regulatory knowledge
• IT / Banking knowledge

Behavioural Competencies

• Applied Learning
• Communication
• Decision Making
• Innovation
• Work Standards
• Technical/Professional Knowledge and Skills