Junior Bank Analyst - BISD

Job Description

• The main purpose of this position is to perform prudential oversight of designated registered banks through off-site and on-site monitoring, analysis and supervision, thereby contributing to the financial soundness and sound governance of such entities and the safety and soundness of the financial sector.

The successful candidate will be responsible for the following key performance areas:

• Provide oversight of designated banks and participate in supervisory practices.
• Analyse and assess the strategies, business models and business portfolios of banks.
• Analyse, monitor and form a view of the risks banks are exposed to (i.e. credit, liquidity, market, capital and operational risks) and the impact thereof on their risk profiles.
• Assess compliance with the Banks Act 94 of 1990 (Banks Act), Financial Sector Regulation Act 9 of 2017 (FSR Act), Regulations relating to Banks and all prudential and regulatory requirements.
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles.
• Analyse and interpret financial and risk information, including risk-based regulatory data submissions and their alignment to industry best practices.
• Contribute to and participate in risk-based meetings with banks and their auditors.
• Prepare detailed reports based on the outcomes of analyses.
• Manage correspondence and maintain electronic records in line with operational standards.
• Contribute towards the attainment of departmental strategic objectives.
• Contribute towards the attainment of operational objectives.

To be considered for this position, candidates must be in possession of:

• a postgraduate qualification (NQF
  8) in Accounting, Banking, Economics, Finance, Risk Management or a relevant equivalent qualification; and
• two years’ relevant working experience in a regulatory environment or the financial sector.

• problem-solving and analytical skills;
• financial and business acumen;
• attention to detail;
• verbal and written communication skills;
• time management skills;
• good working knowledge of the Microsoft Office suite (Word, Excel and PowerPoint) and other related software packages;
• knowledge of the Banks Act, FSR Act and related standards and regulations;
• knowledge and understanding of the Basel Committee on Banking Supervision’s (BCBS) Core Principles for Effective Banking Supervision;
• knowledge and understanding of the BCBS’s supervisory framework;
• knowledge of prudential supervision and the supervisory framework applied in South Africa;
• knowledge of basic risk management standards and practices applied by banks and banking groups;
• an understanding of key issues and risks banks and banking groups are facing;
• in-depth knowledge of the business of banks;
• an understanding of the business models applied by banks and their financial and operating environment; and
• knowledge and understanding of corporate governance and risk management best practices and standards.

Deadline:12th February,2026