Foreign Debt Analyst at South African Reserve Bank

Detailed description

The successful candidate will be responsible for, among other duties, the following key performance areas:

• Finalise foreign loan applications and related correspondence, including the review and resolution of change requests submitted by Authorised Dealers.
• Validate foreign loan information recorded on the FLS and ensure completeness, accuracy and integrity of loan records.
• Administer and maintain the FLS, including user registrations, access requests, interest rates, system parameters and allocation of work items.
• Monitor inward foreign loan transactions for compliance with exchange control regulations and analyse loans for anomalies or potential irregularities.
• Compile weekly and monthly foreign loan statistics, management reports and ad hoc information requests for the department’s management and stakeholders.
• Provide guidance to internal divisions, Authorised Dealers, reporting entities, state-owned entities and National Treasury on foreign debt reporting requirements.
• Lead and guide junior team members in delivering work and executing tasks and provide input into the evaluation of their performance and development needs.
• Contribute to process improvement, knowledge sharing, data quality enhancement and regulatory compliance across reporting institutions. 
• Engage with internal and external stakeholders and deliver a coherent and convincing message.
• Stay abreast of developments in relevant standards, procedures and regulations, holding self, team members and stakeholders to account.

Qualifications
To be considered for this position, candidates must have:

• a bachelor’s degree in either commerce, informatics, statistics, economics, finance, accounting or information systems or an equivalent NQF 7-level qualification; 
• five to eight years’ experience in exchange control, regulatory reporting, financial surveillance, risk, compliance or data analysis; 
• knowledge of the Currency and Exchanges Manual for Authorised Dealers and exchange control regulations; and

Additional requirements include:

knowledge and skills in;

• industry, organisational and business awareness;
• quality assurance;
• continual improvement;
• risk management and compliance practices and standards;
• risk and compliance monitoring and reporting;

knowledge of:

• the operations manual;
• exchange control legislation, governance, risk and compliance;

skills in:

• verbal and written communication, including presentations and report-writing; 
• analysis and problem-solving;
• judgement and decision-making;
• planning and organising;
• a service and stakeholder focus;
• a drive for results;
• competence in workflow packages and Microsoft applications, including Excel, Word, PowerPoint and SharePoint; 
• the ability to work in and lead a team; and
• the ability to build and maintain professional relationships.