(1103) Senior Policy Analyst (Fintech) at South African Reserve Bank

Detailed description

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), financial sector regulators, industry and other stakeholders in support of South Africa’s stance on policy and regulatory matters, with a specific focus on financial technology (fintech).
• Draft prudential 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 fintech developments within the context of the PA’s mandate and scope.
• Monitor global prudential policy developments and analyse the impact of these on local regulatory frameworks across the sectors regulated by the PA.
• Adopt and adapt international standards to South African requirements so they are specific to the local environment while also aligned to international criteria.
• Develop and/or refine policy positions and regulatory frameworks on fintech as they relate to banking, insurance, financial market infrastructures, financial inclusion and all other sectors regulated by the PA.
• 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 related to specialised fintech-related topics.
• Contribute to and/or draft speeches and briefing notes for the PA CEO, Governor, deputy governors and any PA staff member on specialist topics so that the PA/SARB view is represented locally and internationally.
• Coordinate the PA house view in collaboration with the SARB and other regulators.
• Conduct and coordinate ad hoc research on prudential-related topics.
• Take responsibility for the implementation of all future microprudential matters within the PA’s mandate.

Qualifications

Job requirements

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

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