Senior 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 businesss financial management strategy.

Job Responsibilities

• Have analytical capabilities by collating data from different sources, analysing and communicate to all stakeholder. Create Financial business case modelling for CAPEX projects.
• Communicate insights 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 performance by identifying and recommending commercial activities to uplift performance. 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.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees
• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Diploma: Financial Management , Advanced Diplomas/National 1st Degrees

Type of Exposure

• Problem solving
• Developing ways to minimize risks.
• Drafting reports
• Managing conflict situations
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase internal stakeholders understanding
• Brainstorming ways of improving a product or situation.
• Challenging the status quo with a view to improving the environment or people's understanding
• Communicating standards to others.
• Conducting a needs analysis
• Writing business proposals
• Comparing two or more sets of information
• Interacting with diverse people
• Identifying trends
• Checking accuracy of reports and records

Minimum Experience Level

• 3-6 years experience in Financial Services Environment

Technical / Professional Knowledge

• Banking knowledge
• Banking procedures
• Business principles
• Business terms and definitions
• Business writing
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Decision-making process
• Cluster Specific Operational Knowledge
• Financial Modelling

Behavioural Competencies

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