About The Role

The successful candidate will be responsible for the following key performance areas

Conduct financial sector prudential policy-related research and analysis to monitor and influence the policy positions of international financial sector standard-setting bodies as well as local policy matters set by National Treasury and the legislator.
Engage National Treasury, the South African Reserve Bank (SARB), other financial sector regulators, industry and other stakeholders in support of South Africa’s stance on policy and regulatory matters.
Conduct qualitative and quantitative impact assessments and broader research to inform the PA’s policy positions, approaches and regulatory instruments.
Assist in drafting prudential or joint policy position papers and regulatory instruments.
Provide input into and implement the PA’s prudential strategic objectives.
Analyse the relevance/appropriateness of local and international standards within the context of the PA’s mandate.
Monitor global prudential policy developments and analyse the impact of these on local regulatory frameworks.
Adapt international standards to align with South African requirements and local operating environment, while maintaining consistency with international criteria.
Represent South Africa and influence international standard-setting bodies.
Represent the PA in Parliament and other forums on policy matters and legislation.
Be a custodian of the relevant PA policy processes and related governance processes.
Coordinate and complete international surveys related to the field of expertise.
Brief the PA Chief Executive Officer (CEO), heads of department, divisional heads and the Prudential Committee on policy positions and regulatory instruments.
Contribute to and/or draft speeches and briefing notes for the PA CEO, the SARB Governor and Deputy Governors as well as any other PA staff member on specialist topics so that the PA/SARB view is represented locally and internationally.
Coordinate the PA’s house view in collaboration with the SARB and other regulators.
Conduct and coordinate ad hoc research on prudential policy related topics.
Take responsibility for the implementation of all future microprudential matters within the PA’s mandate.

To be considered for this position, candidates must be in possession of

a postgraduate qualification (NQF 8) in Law, Accounting, Banking, Economics, Finance or Insurance; and
8−10 years’ relevant experience in the financial sector.

Additional requirements include

problem-solving and analytical skills;
planning and organisational skills;
verbal and written communication skills;
financial and business acumen;
ability to be a self-starter and a strong team player;
keen attention to detail;
ability to maintain confidentiality; and
knowledge of and skills in:
the financial sector;
corporate governance and risk management practices and standards;
practical experience in conducting research and demonstrable drafting and analysis skills in the financial sector;
the financial sector regulatory framework and core principles as published by the international standard-setting bodies; and
the South African banks, mutual banks, cooperative banks and cooperative financial institutions regulatory framework as well as international guiding principles.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.