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