South African Post Office Limited – Head: Regulatory Relations and Reporting

Head: Regulatory Relations and Reporting (L4)
(This position is on a senior manager level and based in Pretoria)
Reports to Chief Risk Officer
Key Responsibilities
Strategic alignment
• Responsible for ensuring the regulatory reporting processes are embedded consistently across the bank, and reports automated as much
as possible
• Assist the in providing strategic financial advice and counsel to the bank in terms of the regulatory impact of strategic plans and actions
• Assist in developing regulatory reporting function for the bank, ensuring alignment with the bank’s data and reporting requirements
• Liaise with Postbank Compliance Officer to ensure completeness of reporting

Regulatory Reporting
• Compile, analyse and submit regulatory BA reports to SARB
• Resolve any SARB queries relating to figures reported and manage the relationship with SARB Provide commentary on SARB
circulars/guidance notes/directives on BA reporting matters
• Interpret banking regulations and assess impact on Postbank
• Oversee the collection of raw data as well as predefined risk reports from different source systems.
• Ensure reporting is done in line with Basel II and III
• Prepare regulatory capital adequacy information for external disclosure
• Supports capital management function with the data and analysis requirements
• Competitor analysis relating to capital adequacy ratios
• Ad hoc reporting and analysis
• Develop and maintain relationships with Postbank’s Treasury
• Develop and maintain relationships with Finance, ERM, Internal & External Audit, and Operations, etc.
• The incumbent will further be directed by Postbank policies, processes and procedures; Delegation of Authority; Legislation (Banks Act and
Regulations, Postbank South Africa Limited Act, Public Finance Management Act, Companies Act) and International Financial Reporting
Standards (IFRS)negotiations and product investment decisions

• Ensure the effective and efficient management and control of functions/resources in accordance with the stipulations of the Public Financial
Management Act, fraud prevention and risk management principles, legislation, company policies, processes, regulations.
People Management
• Recruit and develop skilled and talented staff
• Manage performance of direct reportees ensuring agreement of annual goals, measuring performance against agreed goals and dealing
with non-performance accordingly
• Talent management of direct reports, including career development and paths for all staff
• Ensure that staff receive adequate and relevant training to support their careers
• Ensure that the working environment contributes to improving staff morale and increased productivity
• Alignment to the bank’s transformation objectives through departmental processes

Attributes &
Other requirements
Minimum Requirements

• B Com with Accounting plus articles (NQF 7)
• CA (SA) qualification will be an added advantage
• At least 8-10 years of post-qualifying experience
• At least 3 years of hands on experience in preparation and submission of Basel II related BA forms to the South African Reserve Bank
• Knowledge of Basel III would be beneficial
• Strong Experience in Bank Financial Reporting Environment
• Exposure to Risk/ Audit / Legal/ Finance/ Capital or Actuarial activities will be an added advantage
• Prior knowledge of Flexcube and other risk / Finance platforms
 Understanding of risk types impacting regulatory and economic capital
 Proven Banks Act regulatory reporting experience
 Knowledge of practical treasury management and credit processes and related accounting issues is required
 Knowledge IFRS is required
 Bank Act

Skills and Attributes
Strong skills in consolidation practises, strong leadership skills with ability to interact and influence at all levels, Proven technical accounting and
valuation skills, Good analytical skills, Good interpersonal and presentation skills, Good people management skills, Good written and verbal
communication skills, Good planning, organising and time management skills, Good working knowledge of Microsoft Office and exposure to
other Group Treasury functions not essential, but would be seen as an advantage
High attention to detail, Able to work under pressure, Accurate, Ability to work independently and in a team environment, Flair for figures,
Mental alertness, Ability to handle stress and contact with Line Managers, Ability to maintain confidentiality at all times, Deadline driven, Ability
to interact with employees across various levels, Ability to adapt to various situations
The South African Postbank SOC Limited is committed to the achievement and maintenance of diversity and equity in employment,
especially with regard to race, gender and disability. In compliance with the banks employment equity plans, first preference will be
given to candidates from designated groups. Correspondence will be limited to short listed candidates only.

If you wish to apply, please forward your Curriculum Vitae (CV) to

Please indicate in the subject line
the position you are applying for. To view the full position specification, log on to and click on Careers.

Closing date: 19 October 2020
Position number: 60057752
Cost Centre: 50800

If you do not hear from the South African Postbank SOC Limited or its Agent within 3 months of this advertisement, please accept that your
application has been unsuccessful.

The South African Postbank SOC Limited reserves the right not to fill the positions or to re-advertise the
positions at any time