(1817) Senior Policy Analyst - Banking

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.

• Draft prudential or joint policy position papers and regulatory instruments empowered by the Banks Act 94 of 1990.

• 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.

Job requirements

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

• a postgraduate qualification (NQF 8) in Law, Accounting, Banking, Economics or Finance; 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.