(1211) Associate Prudential Analyst at South African Reserve Bank

Detailed description

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

• Monitor and report on exceptions by institutional investors and Authorised Dealers. 
• Process applications and correspondence, ensuring that regulated entities comply with the prescribed policies and the requirements outlined in the Currency and Exchanges Manual for Authorised Dealers.
• Prepare the required statistical reports and ad hoc management information.
• Conduct risk-based inspections.
• Maintain a reliable database of institutional investors and Authorised Dealers.
• Assist the team with other functions, as may be required from time to time, in line with the strategic and operational objectives of the department.
• Independently deliver high-quality work within established practices, processes, rules and regulations.
• Engage with relevant internal and external stakeholders, where applicable, demonstrating the ability to convey and explain information fluently.
• Embrace and leverage analytical tools to automate processes and reduce inefficiencies in monitoring exceptions.
• Evaluate own performance against given criteria and identify and address task-specific learning needs.
• Embed the South African Reserve Bank’s (SARB) culture.
• Proactively broaden knowledge and stay abreast of changes in policies and regulations within the functional area.

Job requirements

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

• a Bachelor of Commerce qualification or an equivalent NQF 7 qualification; and 
• two to five years’ relevant experience in the financial, banking or regulatory sector.

Added advantage:

• knowledge of the Currency and Exchanges Manual for Authorised Dealers and exchange control regulations.