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Manager FAAS Regulatory 1

Location:  Johannesburg
Other locations:  Primary Location Only
Salary: Competitive
Date:  Jul 3, 2024

Job description

Requisition ID:  1500499

The Financial Services industry is experiencing significant change, in terms of the risk environment, regulatory developments and an increased regulatory scrutiny.


The opportunity

You’ll work as part of high-performing team on a broad range of financial services clients and assignments that will stretch and challenge you. You’ll be encouraged and expected to take accountability and make an impact.


Your key responsibilities

The scope of the work that you can expect to be involved in will include supporting our clients across a range of risk and prudential-related topics.
Manage Regulatory audits of the BA Returns for our banking clients from an end-to-end basis on smaller banks and be part of a wider team supporting on large multi-national banking groups.
Oversee and be part of other projects, mainly non-audit services, focusing on various prudential and risk  management aspects, such as ICAAP reviews, Pillar 3 disclosure reviews, Governance and reviews of the Basel regulatory reforms.


You'll actively establish internal and external relationships and identify and escalate potential business opportunities for Ernst & Young within existing engagements.


Skills and attributes for success

  • Knowledge of banking and the prudential regulatory environment.

  • Knowledge of, and experience in, the banking system, financial and banking products, regulations, and risk management.

  • Familiar with the Basel III framework at both a theoretical and practical level; and abreast of best practice in regulatory reporting

  • An understanding of developments regarding the Basel framework reforms would also be beneficial

  • Knowledge of current auditing techniques, specifically in respect of auditing regulatory returns will also be beneficial

  • Detailed understanding of risk-based auditing and risk and control strategies


To qualify for the role, you must have:

  • Minimum CA(SA), or other Risk related qualification

  • Familiarity with SARB prudential requirements, such as Banks Act and Regulations (Basel framework)

  • Experience in the Financial Services sector from either an auditing, consulting perspective or within a commercial bank

  • Minimum 3 to 5 years’ experience in the Banking sector environment of which at least 2 years’ experience of Prudential regulatory environment within Financial Services.

  • Understanding of Quality & Risk Management procedures within an audit firm

  • Proficiency with MS Office


Ideally, you’ll also have

  • Ability to understand and adapt to changing regulatory and legislative requirements


What we look for
More than anything, we’re interested in people with the right attitude for the job! That’s naturally entrepreneurial people that feed on the energy of a thriving global team. You’ll need a balance of technical and analytical skills, a creative approach to work and strong communication skills. Put simply, if you’ve got big ideas on how we can do better, as well as the confidence to voice them, this role is for you.


What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working, career development and with FlexEY you can select benefits, which suit your needs, covering holidays, health and well-being, insurances, savings and a wide range of discounts, offers and promotions.  Plus, we offer:

  • A position in a business that truly recognizes the importance of strong risk capabilities

  • Opportunities to develop your skills in a wide range of areas, supported by regular feedback from seniorlevel colleagues

  • Plenty of chances to build lasting professional relationships both internally and externally

  • A culture that recognizes success and rewards excellence


About EY
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most  passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.


If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.


Make your mark. Apply today.

Apply now »