FirstRand

Group Credit Regulatory Reporting Specialist

Johannesburg Full time

Job Description

To ensure the completion of the Credit Regulatory Reporting requirements and deliverables. Responsible for calculating and reporting the Bank's key credit and capital ratios both internally and to the regulators.

Hello future Group Credit Regulatory Reporting Specialist!

FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand’s business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking. If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!

Are you someone who can:

  • Produce and deliver reports in accordance with the regulations by analyzing, calculating and compiling data (report schedules or information) as stipulated by the regulator and internal stakeholders.
  • Stay abreast of and maintain expert knowledge of regulatory changes and industry best practices.
  • Assist with developing and maintaining credit risk regulatory reporting policies and procedures that align with the regulatory requirements and best practices.
  • Oversee the preparation and submission of credit risk reports/returns to the regulators, senior management, and other stakeholders.
  • Review and validate the credit regulatory data and reports for quality, consistency, and accuracy.
  • Identify and resolve any data or reporting issues and implementing corrective actions.
  • Providing guidance and support to the credit risk analysts and other business units on credit risk regulatory reporting matters.
  • Analyzing the credit risk exposures and trends of the group and providing insights and recommendations.
  • Keeping abreast of the latest developments and changes in the credit risk regulatory environment and ensuring compliance with the applicable rules and regulations.
  • Liaising and collaborating with the regulators, auditors, and other external parties on credit risk regulatory reporting issues.
  • Ensure internal stakeholders' confidence in FirstRand's ability to meet regulatory requirements by communicating and explaining important metrics and information to appropriate stakeholders.
  • Investigate variances and communicate findings to relevant internal stake holders with a view to resolving the issue, improve operational efficiencies and preventing similar occurrences in future.
  • Ensure the growth of Group Risk’s reputation with defined stakeholders through adequate and proactive communication, using appropriate communication channels.
  • Engage with SARB on issues of regulatory interpretation and significant actual or potential movements.
  • Engage with external auditors to provide information, discuss findings, and resolve outstanding issues.
  • Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in.
  • Maximize the effectiveness and efficiency of the regulatory reporting framework by meeting and improving targeted operational standards and ensuring high levels of straight-through processing of data and single-source principles.
  • Create / enhance templates to inform business decision-making and openness to innovative thinking.
  • Take ownership of personal career development, leveraging formal and informal opportunities.

Qualification:

  • CA/SA

Personal Attributes:

  • High attention to detail and accuracy.
  • Strong ethical standards and integrity.
  • Ability to handle confidential information with discretion.
  • Proactive and self-motivated with a strong sense of responsibility.

You will have access to:

  • Challenging work in a complex and exciting environment
  • Opportunities to innovate and create efficiencies.

#LI-LM7 #POST #FCC

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

22/12/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.