Regulatory Reporting Manager at FirstRand Corporate Centre

Job Description

• To manage the implementation of new regulations, standards and changes in regulatory reporting, to ensure daily operations are managed according to stakeholder requirements including the submissions and analysis of returns, to ensure compliance with set legislation, and to manage the regulatory reporting team.
• Establish and drive governance processes across the Group’s BA landscape to ensure appropriate oversight, monitoring and resolution of risks, process constraints and audit findings through the BA Oversight Forum and collaboration with the ERM Regulatory Liaison office.
• Manage and co-ordinate the implementation of the new SARB submission portal, Umoja, with the IT and segment regulatory specialists.
• Manage the timely production, coordination, review, preparation, and submission of financial and economic regulatory returns for FirstRand Bank Ltd and FirstRand Group Review financial regulatory reports and South African Reserve Bank (SARB) query responses prepared by the regulatory reporting team.
• Support the collation of monthly regulatory reporting by planning, coordinating, facilitating, and assisting with the submission for all regulatory credit and operational risk returns.
• Lead and coordinate the reg 46 audit of regulatory returns in compliance with the Bank Acts, in collaboration with relevant parties.
• Plan and coordinate ad-hoc regulatory reporting changes, new requirements, and projects.
• Manage systems and processes required for successful compilation and submission of regulatory returns.
• Review team output to provide useful and insightful information based on regulatory returns.
• Represent FirstRand in industry forums on regulatory matters and changes with SAICA, BASA, SARB and other industry bodies.