(790) Divisional Head - Prudential Supervisory Framework at South African Reserve Bank

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

• Provide strategic direction and manage and lead the division through day-to-day oversight of the development and implementation of the PA’s supervisory framework and guidelines as applied through ongoing supervision in line with its prudential mandate. 
• Provide strategic direction and manage and lead the division by ensuring the PA’s strategic regulatory projects and change management initiatives are executed in line with the PA’s and South African Reserve Bank’s (SARB) processes. 
• Manage the development and implementation of tactical measures for monitoring international and domestic supervisory developments and assess the relevance and applicability thereof to the PA’s supervisory framework. 
• Manage the development and refinement of the PA’s quality assurance methodology, which informs how quality assurance reviews are conducted by the division, against approved supervisory guidelines. 
• Determine annual quality assurance plans in line with the PA’s quality assurance methodology and manage the approval of these plans by the relevant PA governance structures. 
• Develop and instil a supervisory culture that is pre-emptive, risk-based, outcomes-focused and principles-based. 
• Represent the PA by participating in internal and external domestic and international forums. 
• Manage the division’s governance, risk and compliance as required and ensure that risks are identified, assessed and mitigated.
• Manage the performance and development of direct reports, creating a performance culture, and coach and manage the career development of employees in the division.
• Lead, enable and encourage change, innovation and collaboration both within the division and across the four PA departments. 
• Contribute to the PA’s and SARB’s strategic initiatives, specifically those with a direct impact on the PA’s supervisory approach and framework.

Qualifications

Job requirements

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

• a postgraduate degree (NQF 8) in Accounting, Compliance, Internal Audit, Law or Risk Management; and
• 10 to 12 years of experience in financial sector regulation or similar environments, with at least five of those years spent in a management role.