(1603) Manager: Financial Operations -FinSurv at South African Reserve Bank

Detailed description

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

• To give strategic and leadership direction to the division.
• To contribute to the compilation of divisional operational plans and take responsibility for the implementation as well as the monitoring thereof.
• To provide input to stakeholders such as National Treasury and the South African Revenue Service (SARS)in terms of policy enhancement and formulation.
• Take responsibility for the planning of work and improvement of workflow for the division.
• Make suggestions for refining South African Reserve Bank (SARB) policies, processes and systems.
• Manage quality, facilitate delivery of the unit-specific outputs, clarify roles and responsibilities, and optimise and manage unit resources.
• Manage the processing and authorisation of applications as well as act as the signing authority within
• prescribed parameters.
• Manage the risk-based inspection process from end to end in order to ensure adequate preparation, the completion of related administration, team leadership during inspections and effective reporting.
• Design and manage the maintenance of a management information system for consistent and accurate reporting of relevant information to senior management.
• Lead stakeholder engagements (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks.
• Stay current with developments (e.g. changes to exchange control policies, rules and regulations) and provide input to publication and surveys related to own area of expertise.
• Fulfil the line management function pertaining to development and performance of the team.

Job requirements

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

• an Honours degree in Finance, Statistics, Business Economics, Banking, Accounting or a related field; 
• industry, business and organisational knowledge;

knowledge of, and experience in:

• quality assurance knowledge;
• continuous improvement knowledge;
• continued learning/ professional development knowledge;
• relevant software applications (MS Word, Excel, etc);
• the application of the Exchange Control Regulations and the Currency and Exchanges Manual for
• Authorised Dealers;
• relevant policies; and
• financial and exchange control regulatory environment.
• a minimum of 8–10 years’ job-related experience in either exchange control, banking, financial markets or a relevant regulatory environment; and 
• at least two years’ proven experience in managing teams.