Regulatory Analyst at Nedbank

Job Responsibilities


Achieve business results by creating new clients on trading platforms.
Balance back the system and the model through regular reconciliations.
Process payments to clients through the preparation of Cashflows.
Ensure client satisfaction by meeting deadlines on payments.
Meet client needs by building and maintaining sound professional relationships and adhering to Service Level Agreements (SLA's).
Develop collaborative internal relationships by understanding each others roles.
Build interdepartmental relationships through informational sharing.
Maintain high standards of business ethics by adhering to Codes of conduct, policies and procedures, regulatory requirements, client limits.
Manage risks by reporting and / or escalating any identified risks timeously.
Ensure payments and /or rates are processed correctly by performing reconciliation of client accounts.
Cashflow preparation and processing by capturing advances and / or repayments and journals.
Confirmation of deals by retrieving deal information and sending to clients.
Prepare, process, reconcile all activities in accordance with all processes and procedures by adhering to cut off times.
Update the dashboard by compiling daily statistics
Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending workshops & road shows.
Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.
Ensure that own contribution and participation contributes to the achievement of team goals.
Create and manage own career through guidance and support of management, department and colleagues.
Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
Ensure knowledge management, continuity and team success through constructive participation in a diverse team and sharing knowledge with team.
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 social responsibility initiatives for the achievement of business strategy (e.g.. training/awareness on digital forensic examination to external parties on pro bono basis).
Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools, policies and procedures to add value to Nedbank.
Add value to Nedbank by identifying opportunities to improve or enhance processes through identifying and recommending improvements and supporting mplementation of tools, policies and procedures.


Minimum Experience Level


Must have 3-5 years work experience in general banking with at least 2 years in AML/ KYC/ CDD/ FICA (or similar)
Understanding of and experience working with client beneficial ownership identification.
Understanding of and/or experience dealing with CIB clients.
Knowledge of FATCA/CRS legislation and requirements.