Our client in the finance industry is looking for an OCIR Data Analyst, someone who has good analytical skills and data analysis. It’s a 15 month contract.
Diploma or Degree in Finance
1 year experience in data analysis
3 years of procurement experience
Must have banking experience
He or She must be dedicated to the project team with the BAU leads for each work stream (Resolution planning, Operational Continuity in Resolution (OCIR), Funding, Valuations, Capital and Flac, Stays and Moratoria).
The project activities are mainly:
Focused on OCIR and stays and moratoria where there are dedicated, analysts assigned to these work streams.
Working with a team of analysts responsible for embedding the capabilities noted in the deliverables below.
Problem to solve
Attractive Tech exposure
Resolution Framework Project
This project aims to ensure that bank is compliant with the requirements per the Financial Sector Laws Amendment Act (FSLAA).
The FSLAA introduced the establishment of the Resolution Authority (RA).
The SARB, as the RA, will be responsible for establishing a resolution framework in South Africa.
This framework aims to create the legal and operational environment within which banks cannot fail.
Without causing further contagion in the financial sector or require a taxpayer funded bailout, such as those experienced during the Global Financial Crisis.
The key deliverable of the OCIR Work stream is to implement
Arrangements to support OCIR Service Design
Arrangements for the Identification and Assessment of Risks
Mapping Essential Services
Arrangements to mitigate OCIR Risk (Pricing, Contracts/SLAs, Operations Resilience, Rights of Use and Access.
Financial resilience information and exit strategy information.
Not all the data is digitalized and will require the reviewing and identification of required data from digital documentation attached to the supplier record in the procurement system.
The sourced data will be captured on a centrally controlled excel sheet for upload into a database.