(1190) Resolution Planning Specialist - FinStab at South African Reserve Bank

Job Description

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

• Conduct research and draft policies related to the resolution functions of the South African Reserve Bank (SARB).
• Develop resolution plans and assess the operational preparedness of financial institutions in resolution. 
• Analyse data submitted by financial institutions to inform the development of resolution plans and resolvability assessments, and present findings to the Senior Resolution Planning Specialist.
• Identify information gaps within submitted data and propose actionable solutions to address these gaps. 
• Evaluate and interpret industry-wide issues concerning the coordination and management of failing financial institutions as well as the risks associated with such failures.
• Engage with financial institutions and industry stakeholders to address matters related to resolution processes.
• Identify and highlight obstacles to orderly resolutions, facilitate both internal and external meetings to discuss these challenges and develop recommendations for consideration by the SARB executive.
• Stay abreast of international best practices and sector developments, analyse their implications on the work of the Resolution Planning Division and recommend improvements to current practices. 
• Prepare and deliver presentations to SARB and industry forums on topics related to resolutions.
• Execute the day-to-day activities of the Resolution Planning and Crisis Management Division.

Qualifications

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

• an Honours’ degree in either Banking, Finance, or Law or have an equivalent qualification; and 
• at least five years’ relevant experience, including policy drafting, with a background in finance or financial regulation; and
• completed accounting articles will be an added advantage.