(409) Associate Bank Analyst (Capital Management) PSISD at South African Reserve Bank

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

• Review, analyse and evaluate banks’ internal capital-adequacy assessment process.
• Review, analyse and evaluate market infrastructures’ internal capital-adequacy assessment process.
• Review and evaluate financial entities’ recovery plans.
• Analyse and interpret risk-based regulatory returns for regulated entities.
• Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990), in line with international best practice.
• Interpret and develop amendments to the legislative framework, based on international best practices.
• Contribute towards the international capital framework working committees.
• Develop and implement the supervisory review and evaluation process, in line with international best practice. 

QUALIFICATIONS

Job requirements

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

• a postgraduate qualification (NQF 8) specialising in Accounting, Auditing, Banking, Insurance, Finance, or Risk Management; and 
• at least two to five years’ experience in the finance sector or risk management environment.

The following would be an added advantage:

• a Chartered Accountant (CA(SA)) qualification;
• being a Chartered Financial Analyst (CFA);
• being a Financial Risk Manager (FRM);  
• membership of the Actuarial Society of South Africa (ASSA); and
• practical experience in a financial and/or business environment.                                                        

Additional requirements include: 

• an ability to travel as and when required;
• knowledge of and experience in financial or banking products, regulations or risk models; 
• being conversant in the second Pillar of the Basel III framework at both theoretical and practical levels;
• keeping abreast of best practice in capital management; 
• an understanding of the Basel III framework regarding the definition of capital and leverage ratio; 
• be conversant in the Financial Markets Act 19 of 2012 and its Regulations;
• a high level of knowledge, skills and experience in relevant areas of specialisation; 
• ability to work in a team and independently; 
• effective time management skills; 
• proficiency in verbal communication; and
• competence in written communication.