(721) Manager – Credit Risk: Supervisory - RSD at South African Reserve Bank

Detailed description

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

• Give strategic and leadership direction and provide technical assistance and guidance to a team of credit risk analysts responsible for conducting industry analysis, development and maintenance of regulatory returns, interpretation of regulation, review of applications and providing cross-departmental technical support.
• Manage team deliverables, contribute to the compilation of the operational plan for the team and take responsibility for the implementation as well as the monitoring of the team’s work plans. 
• Manage team performance and talent management, including the learning and development of team members and succession planning.
• Manage stakeholder engagements and relationships (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message. 
• Stay abreast of developments (e.g. changes to policies, rules and regulations, legislation and systems), ensure application thereof and provide input to publications and surveys related to own area of expertise. 
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks. 
• Contribute to special projects in the Prudential Authority.

Qualifications

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

• a minimum of a postgraduate qualification in either Banking, Insurance, Commerce, Economics, Risk Management, Finance, Accounting or Auditing or an equivalent qualification;
• at least eight to ten years of relevant working experience in the financial services or financial regulatory sector; and
• at least two years’ proven experience in managing teams.

Additional requirements include:

knowledge of:

• the Basel framework at both a theoretical and practical level;
• the various legislation and related supervisory frameworks applicable to financial entities registered in South Africa;
• the relevant credit risk management practices and standards;
• and experience in, the financial system, financial products, risk models and systems;

an understanding of:

• the Basel Core Principles for Banking Supervision;
• the Insurance Core Principles for Insurance Supervision;
• key issues and risks facing registered financial entities in South Africa, with a specific focus on credit risk;
• thought leadership;
• problem-solving and analytical skills;
• the ability to lead change;
• an establishment focus;
• a drive for results;
• the ability to promote team work;
• the ability to develop and grow others; 
• a service and stakeholder focus;
• effective communication skills; and
• the ability to build and maintaining relationships.