Director: Debt Issuance and Management at National Treasury

Qualification/s Requirements

• A Grade 12 is required coupled with a minimum Bachelor’s. degree (equivalent to NQF level 7) in Economics or Finance or Actuarial science or Commerce or Investment Management or International Economics pertaining to the money and capital markets; 
• A minimum 5 years’ experience obtained at a middle or senior management level in financial markets operations;
• Knowledge and experience of different research methodologies;
• Knowledge and experience of market analyses related to information for utilisation in the broader business;
• Knowledge and experience of dealing with various foreign interest rate markets and currencies;
• Experience in qualitative and quantitative summarization or analyses of domestic and foreign debt reports; and
• Successful completion of the Nyukela Public Service Senior Management Leadership Programme as endorsed by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of an appointment.

Key Performance Areas

Finance borrowing requirement in domestic and international capital markets:

• Develop and implement a domestic and foreign borrowing strategy for the National Treasury;
• Initiate the issuing of government securities in the domestic and international capital markets;
• Implement benchmark bonds in the domestic and international capital markets; and
• Determine the finance measures of government’s borrowing requirements in the domestic and international capital markets. 

Stakeholder Engagement:

• Develop and implement tools that will improve the investor base;
• Develop and implement an investor website to improve stakeholder engagement;
• Engage domestic and foreign investor stakeholders, through road shows and other mediums; and
• Develop relationship with stakeholders like banks, domestic and foreign investors and engage lawyers on certain conditional requirements.

Disclose listing requirements in domestic and offshore bond issuance:

• Assist with compiling the annual Initiate the annual filing process of the 18K form with foreign stakeholders like the U.S. Security Exchange Commission and Japan.
• Adhere to disclosure and listing requirements associated with domestic and offshore bond issuance.
• Engage stakeholders on general information in the sourcing and exchange of processing.
• Verify information for correctness and ensure their accuracy.

Domestic and Foreign currency debt:

• Coordinate the debt portfolio in order to reduce the re-financing risk and cost;
• Initiate frequent market and portfolio analysis of qualitative and quantitative domestic and foreign currency debt information;
• Monitor domestic and international economic events and their impact on the South African economy and the debt portfolio; and
• Analyse and advise on prudent debt management policies and recommend corrective debt strategies for implementation. 

Perform Research on markets volatility:

• Initiate research on capital markets pertaining to market volatility in the prudent management of debt;
• Perform research on local and international markets to stay abreast of developments impact on foreign debt management issues; and
• Analyse and provide inputs to briefing notes and speeches.