Regulatory Reporting Analyst
2025-03-28T19:10:59+00:00
Absa Group
https://www.greatzambiajobs.com/jsjobsdata/data/employer/comp_3682/logo/Absa%20Group.png
www.absa.africa
FULL_TIME
Lusaka
Lusaka
10101
Zambia
Banking
Management
2025-04-05T17:00:00+00:00
Zambia
8
Job Summary
The regulatory reporting of Liquidity risk and Capital positions is an integral responsibility of Absa Bank Zambia Treasury and the Absa Group, ensuring best in class practices to support the Group Board, ALCO and Regulators understanding of Liquidity and Capital risk managed in the Bank, and delivering compliance under Country and Group prudential regulations.
- The purpose of this role is to lead the production and submission of Prudential returns, BA610 reporting, Management reporting subject-matter expertise, and analytics relating to the Liquidity risk and Capital reporting to the Bank of Zambia (BOZ) and South African Reserve Bank (SARB). This entails ensuring Absa Bank Zambia’s reporting is complete and accurate, and carried out in compliance with Regulatory requirements and internal Absa Group policies and standards.
- This includes providing governance leadership, ensuring model monitoring and controls are applied throughout the process to ensure the internal metrics, regulatory returns, and market disclosures are accurate and aligned to relating functional areas. This role is pivotal in order to meet Absa Bank Zambia and Absa Group Regulatory reporting commitments and ongoing regulatory compliance.
Job Description
Accountability: BA610 Liquidity and Capital reporting
- Lead the submission and production of the BA610 Liquidity risk and Capital returns for the SARB, ensuring compliance with Basel IV standards and relevant regulatory and internal policy changes
- Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Liquidity gap, Liquidity Coverage ratio (LCR), Net Stable Funding ratio (NSFR) and related liquidity risk metrics
- Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Capital ratios and drivers of demand and supply of Capital positions under local Bank of Zambia regulation and SARB regulations
- Report liquidity risk and capital positions and changes on a monthly basis and agree the risk mitigation activities required with to mitigate risks and operate within risk limits, ensuring engagement and alignment with Finance and Risk.
- Lead the production of monthly and ad hoc MI required to explain Liquidity and Capital risk metrics arising in the business
- Lead the production of monthly prudential schedules for consolidation into the Finance Prudential submission to BOZ.
- Lead engagement with the QRM modelling team to ensure the Entity and Liquidity risk balance sheet and risk positions are appropriately modelled
Liquidity & Capital management
Accountability: Reporting accuracy, regulatory compliance and Operational effectiveness
- Develop an internal network with Country Finance, ARO Treasury, Finance, Technology Enablement and Group Regulatory Reporting to ensure alignment between balance sheets, internal metrics and regulatory disclosures
- Prepare and present regulatory dashboards / packs for inclusion in committee meetings for senior management to make effective decisions.
- Support the Regulatory Reporting Models owner in the monitoring or enhancing of existing data and reporting models and ensuring the models comply with Group standards and governance
- Partner with various ARO and Group stakeholders to ensure data quality issues are resolved and controls are put in place to mitigate the risk of inaccurate regulatory reporting.
- Lead the automation and operational effectiveness of the BA610 reporting, to support sound business management
Accountability: Stakeholder Management
- Present regulatory risk results in regulatory reporting review meetings.
- Liaise with regulatory stakeholders and support functions on various projects and ad hoc tasks.
- Collaborate with business and country teams to optimise balance sheet composition and resulting liquidity and capital metrics
- Provide support for meetings with Internal and External Audit teams during the various audit processes, where required
- Collaborate with data and finance functions to ensure Audit findings are resolved and liquidity and capital reporting amended to ensure continued compliance with regulatory requirements.
Accountability: Collaboration with Colleagues
- Interface with the Head of Balance Sheet, Treasury Analyst and TES Manager to understand the operating environment and to assist them to execute specific initiatives assigned to them.
- To provide line management support to the Head of Governance by facilitating administration of Performance Development, Training plan, leave and absence management.
Education and Experience Required
- Degree to honors level, or professional qualification such as ACCA, CIMA or ZiCA
- A good understanding of the Bank’s general policies and procedures
- Detailed Front Office knowledge and experience aligned to Banking, Corporate, and Treasury.
- High level of computer skills – relevant packages e.g. Word, PowerPoint and Excel
- Ability to negotiate and challenge
- Risk and control techniques (risk assessment, mitigation & management)
- Analytical and Problem-solving ability
- Strong communication and stakeholder engagement skills
- Robust understanding of the current regulatory environment that Treasury operates in
- Proven experience on risk control related initiatives affecting Front Office
- Highly numerate with a strong analytical background.
- Experience in Liquidity risk and capital management
- Strong regulatory / financial reporting expertise
- Sound experience with senior management reporting
- Banking experience in a treasury environment, risk or finance
- QRM risk modelling experience (not mandatory)
Competencies:
- Strong attention to detail and diligent in managing processes to a high standard
- Keen interest in developing technical skills in risk management
- Good communicator and able to present technical content in a meaningful manner to management
- Well organised and able to manage multiple responsibilities to deadlines
- Able to interact efficiently and professionally with business stakeholders.
Education
Higher Diplomas: Business, Commerce and Management Studies (Required)
Lead the submission and production of the BA610 Liquidity risk and Capital returns for the SARB, ensuring compliance with Basel IV standards and relevant regulatory and internal policy changes Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Liquidity gap, Liquidity Coverage ratio (LCR), Net Stable Funding ratio (NSFR) and related liquidity risk metrics Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Capital ratios and drivers of demand and supply of Capital positions under local Bank of Zambia regulation and SARB regulations Report liquidity risk and capital positions and changes on a monthly basis and agree the risk mitigation activities required with to mitigate risks and operate within risk limits, ensuring engagement and alignment with Finance and Risk. Lead the production of monthly and ad hoc MI required to explain Liquidity and Capital risk metrics arising in the business Lead the production of monthly prudential schedules for consolidation into the Finance Prudential submission to BOZ. Lead engagement with the QRM modelling team to ensure the Entity and Liquidity risk balance sheet and risk positions are appropriately modelled Liquidity & Capital management Accountability: Reporting accuracy, regulatory compliance and Operational effectiveness Develop an internal network with Country Finance, ARO Treasury, Finance, Technology Enablement and Group Regulatory Reporting to ensure alignment between balance sheets, internal metrics and regulatory disclosures Prepare and present regulatory dashboards / packs for inclusion in committee meetings for senior management to make effective decisions. Support the Regulatory Reporting Models owner in the monitoring or enhancing of existing data and reporting models and ensuring the models comply with Group standards and governance Partner with various ARO and Group stakeholders to ensure data quality issues are resolved and controls are put in place to mitigate the risk of inaccurate regulatory reporting. Lead the automation and operational effectiveness of the BA610 reporting, to support sound business management Accountability: Stakeholder Management Present regulatory risk results in regulatory reporting review meetings. Liaise with regulatory stakeholders and support functions on various projects and ad hoc tasks. Collaborate with business and country teams to optimise balance sheet composition and resulting liquidity and capital metrics Provide support for meetings with Internal and External Audit teams during the various audit processes, where required Collaborate with data and finance functions to ensure Audit findings are resolved and liquidity and capital reporting amended to ensure continued compliance with regulatory requirements. Accountability: Collaboration with Colleagues Interface with the Head of Balance Sheet, Treasury Analyst and TES Manager to understand the operating environment and to assist them to execute specific initiatives assigned to them. To provide line management support to the Head of Governance by facilitating administration of Performance Development, Training plan, leave and absence management.
Competencies: Strong attention to detail and diligent in managing processes to a high standard Keen interest in developing technical skills in risk management Good communicator and able to present technical content in a meaningful manner to management Well organised and able to manage multiple responsibilities to deadlines Able to interact efficiently and professionally with business stakeholders.
Higher Diplomas: Business, Commerce and Management Studies (Required)
No Requirements
JOB-67e6f443b8ab2
Vacancy title:
Regulatory Reporting Analyst
[Type: FULL_TIME, Industry: Banking, Category: Management]
Jobs at:
Absa Group
Deadline of this Job:
Saturday, April 5 2025
Duty Station:
Lusaka | Lusaka | Zambia
Summary
Date Posted: Friday, March 28 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Job Summary
The regulatory reporting of Liquidity risk and Capital positions is an integral responsibility of Absa Bank Zambia Treasury and the Absa Group, ensuring best in class practices to support the Group Board, ALCO and Regulators understanding of Liquidity and Capital risk managed in the Bank, and delivering compliance under Country and Group prudential regulations.
- The purpose of this role is to lead the production and submission of Prudential returns, BA610 reporting, Management reporting subject-matter expertise, and analytics relating to the Liquidity risk and Capital reporting to the Bank of Zambia (BOZ) and South African Reserve Bank (SARB). This entails ensuring Absa Bank Zambia’s reporting is complete and accurate, and carried out in compliance with Regulatory requirements and internal Absa Group policies and standards.
- This includes providing governance leadership, ensuring model monitoring and controls are applied throughout the process to ensure the internal metrics, regulatory returns, and market disclosures are accurate and aligned to relating functional areas. This role is pivotal in order to meet Absa Bank Zambia and Absa Group Regulatory reporting commitments and ongoing regulatory compliance.
Job Description
Accountability: BA610 Liquidity and Capital reporting
- Lead the submission and production of the BA610 Liquidity risk and Capital returns for the SARB, ensuring compliance with Basel IV standards and relevant regulatory and internal policy changes
- Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Liquidity gap, Liquidity Coverage ratio (LCR), Net Stable Funding ratio (NSFR) and related liquidity risk metrics
- Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Capital ratios and drivers of demand and supply of Capital positions under local Bank of Zambia regulation and SARB regulations
- Report liquidity risk and capital positions and changes on a monthly basis and agree the risk mitigation activities required with to mitigate risks and operate within risk limits, ensuring engagement and alignment with Finance and Risk.
- Lead the production of monthly and ad hoc MI required to explain Liquidity and Capital risk metrics arising in the business
- Lead the production of monthly prudential schedules for consolidation into the Finance Prudential submission to BOZ.
- Lead engagement with the QRM modelling team to ensure the Entity and Liquidity risk balance sheet and risk positions are appropriately modelled
Liquidity & Capital management
Accountability: Reporting accuracy, regulatory compliance and Operational effectiveness
- Develop an internal network with Country Finance, ARO Treasury, Finance, Technology Enablement and Group Regulatory Reporting to ensure alignment between balance sheets, internal metrics and regulatory disclosures
- Prepare and present regulatory dashboards / packs for inclusion in committee meetings for senior management to make effective decisions.
- Support the Regulatory Reporting Models owner in the monitoring or enhancing of existing data and reporting models and ensuring the models comply with Group standards and governance
- Partner with various ARO and Group stakeholders to ensure data quality issues are resolved and controls are put in place to mitigate the risk of inaccurate regulatory reporting.
- Lead the automation and operational effectiveness of the BA610 reporting, to support sound business management
Accountability: Stakeholder Management
- Present regulatory risk results in regulatory reporting review meetings.
- Liaise with regulatory stakeholders and support functions on various projects and ad hoc tasks.
- Collaborate with business and country teams to optimise balance sheet composition and resulting liquidity and capital metrics
- Provide support for meetings with Internal and External Audit teams during the various audit processes, where required
- Collaborate with data and finance functions to ensure Audit findings are resolved and liquidity and capital reporting amended to ensure continued compliance with regulatory requirements.
Accountability: Collaboration with Colleagues
- Interface with the Head of Balance Sheet, Treasury Analyst and TES Manager to understand the operating environment and to assist them to execute specific initiatives assigned to them.
- To provide line management support to the Head of Governance by facilitating administration of Performance Development, Training plan, leave and absence management.
Education and Experience Required
- Degree to honors level, or professional qualification such as ACCA, CIMA or ZiCA
- A good understanding of the Bank’s general policies and procedures
- Detailed Front Office knowledge and experience aligned to Banking, Corporate, and Treasury.
- High level of computer skills – relevant packages e.g. Word, PowerPoint and Excel
- Ability to negotiate and challenge
- Risk and control techniques (risk assessment, mitigation & management)
- Analytical and Problem-solving ability
- Strong communication and stakeholder engagement skills
- Robust understanding of the current regulatory environment that Treasury operates in
- Proven experience on risk control related initiatives affecting Front Office
- Highly numerate with a strong analytical background.
- Experience in Liquidity risk and capital management
- Strong regulatory / financial reporting expertise
- Sound experience with senior management reporting
- Banking experience in a treasury environment, risk or finance
- QRM risk modelling experience (not mandatory)
Competencies:
- Strong attention to detail and diligent in managing processes to a high standard
- Keen interest in developing technical skills in risk management
- Good communicator and able to present technical content in a meaningful manner to management
- Well organised and able to manage multiple responsibilities to deadlines
- Able to interact efficiently and professionally with business stakeholders.
Education
Higher Diplomas: Business, Commerce and Management Studies (Required)
Work Hours: 8
Experience: No Requirements
Level of Education: associate degree
Job application procedure
To apply for this job please visit absa.wd3.myworkdayjobs.com.
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