(1773) Prudential Analyst at South African Reserve Bank

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

• Process and finalise applications and correspondence of varying complexity within defined parameters. 
• Assist in the planning of inspections, lead the inspection process and report on inspections.
• Ensure compliance with the reporting requirements for cross-border transactions to prevent the abuse of the financial system and support the regulation of financial institutions.
• Enhance risk-based supervisory practices by embedding a data-driven decision-making culture.
• Supervise the preparation and finalisation of reports, such as statistical reports and management information.
• Provide input to stakeholder engagements with institutional investors, Authorised Dealers, National Treasury and other regulators. 
• Contribute to the operational plan of the section in line with the strategic focus areas of the department.
• Lead and guide the delivery and task execution of team members and provide input into the evaluation of their performance and development needs.
• Ensure compliance with applicable legislation, South African Reserve Bank policies, standards and procedures, including control procedures aimed at mitigating risks.
• Identify and implement process and system improvements within the division.

Qualifications

To be considered for this position, candidates must have:

• a Bachelor of Commerce degree or an equivalent NQF level 7 qualification;
• five to eight years’ experience in financial or banking services; and
• knowledge of the Currency and Exchanges Manual for Authorised Dealers and exchange control regulations as well as experience in conducting inspections will be an advantage.

Additional requirements include:

knowledge and skill in:

• industry, organisational and business awareness;
• regulatory and supervisory awareness;
• business continuity planning;
• risk and compliance assessment, monitoring and reporting;

skill in:

• verbal and written communication (including presentation and report writing); 
• analysis and problemsolving;
• judgement and decisionmaking;
• planning and organising;
• a service and stakeholder focus;
• a drive for results;
• competence in Microsoft Office and workflow packages (e.g. Excel, Word, PowerPoint and SharePoint);
• financial and business acumen; and
• the ability to build and maintain professional relationships.