(1642) Senior Resolution Planning Specialist at South African Reserve Bank

Detailed description

The successful candidate will be responsible for, among other things, the following key performance areas:

• Develop and/or assist with the development of policy, standards and guidance on South Africa’s resolution framework. 
• Keep abreast of international standards and best practices in the resolution of financial institutions. 
• Contribute to the development of resolution plans and resolvability assessments. 
• Contribute to and participate in ad hoc testing of crisis management capacity in the South African Reserve Bank (SARB) and in the financial sector and formulate recommendations on meeting crisis preparedness and resolution planning standards.
• Assist with and contribute to the development and refinement methodologies to measure the systemic significance of financial institutions. 
• Conduct research in support of policy developments for the Financial Stability Department and any of the internal and external committees that it serves, including international committees. 
• Produce reports, with input from relevant internal and external stakeholders, on industry-wide crisis management and resolution issues.
• Participate in and contribute to the activities of the Resolution Policy Panel and its substructures and assist with secretariat functions for these committees. 
• Prepare for and/or participate in meetings with international organisations and committees relating to crisis management and resolution and respond to requests for information by such organisations and committees.
• Mentor other specialists.
• Provide training to stakeholders on crisis management and resolution planning.

Job requirements

To be considered for this position, candidates must have:

• an Honours degree in Finance, Investment, Law, Economics, Accounting or Financial Risk Management; and
• eight years’ experience in banking, structured finance, valuations, financial markets, central banking or corporate insolvency.