Reporting Analyst at Al Baraka Bank South Africa

MAIN FUNCTIONS OF THE JOB INCLUDE:

South African Reserve Bank Reporting (SARB)

• Preparation of monthly BA returns from information on core reports such as the debtors listing.
• Respond to queries raised by SARB

Impairments – Management of Non-Performing Advances & specific and general (portfolio) Impairments

• Involved in the month end Impairment process including running of the IFRS 9 model
• Preparation of specific and portfolio impairment schedule based on IFRS 9 methodology on a monthly basis

National Credit Regulator

• Preparation of completed Form 39 from debtors listing and provision schedule on a quarterly basis.
• Completing and submission of Annual compliance report to NCR by the 30th June of each year. To be completed mid-May of each year for review at ECCM prior to submission to ECCM.
• Attending to ad hoc audit and special requests from NCR, reconciliation of annual fees
• Unpacking of new and amended regulations as and when applicable
• Ensuring compliance with NCA by implementing policies and procedures to be followed by all branches.

Office of Disclosure

• Quarterly reporting to the office of disclosure on exposure pertaining to the Home Loans and Mortgage Disclosure Act
• Annual reporting to the office of disclosure on exposure pertaining to the Home Loans and Mortgage Disclosure Act
• Co ordinating the auditors’ requirements for these audits with the relative departments

South African Credit and Risk Reporting Association (SACRRA)

• Preparation of reports to SACRRA daily and monthly and address data related queries

Internal & External Auditors   

• Providing information pertinent to reports which may be requested by internal and external auditors
• Co ordinating supporting information and responses from the correct departments where required

Reporting to Al Baraka Banking Group

• Monthly / Quarterly reporting to AlBaraka Banking Group
• Compiling all monthly and quarterly reports to ABG and addressing queries from group if and when they are presented. Co ordinating queries with the pertinent department if pertinent

Albaraka Annual Financial Statements Disclosure

• Preparation & compilation of information required for reporting in the annual financial statements on a bi-annual & annual basis.
• Engagement with external auditor regarding disclosure requirements.

Other Functions / General

• Analysis of the Debtors book to ensure data integrity
• Preparation of data for monthly slides being presented to Group CEO
• Other Ad Hoc tasks & requests by management.
• Monthly reconciliations between the several reports used for reporting
• Introduce automation of returns – through Power Bi etc – with the required analysis and creation of the specification documents to achieve this requirement

Requirements

QUALIFICATIONS

• A Bachelor of Commerce degree in Accounting or Finance
• Additional qualifications will be advantageous  

PREFERRED EXPERIENCE

• At least 2 years’ experience in the Banking industry, specifically with Credit / Accounting experience