Junior FMI Analyst at South African Reserve Bank

Job Description

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

• Ensure that MIs comply with the Principles for Financial Market Infrastructures (PFMIs), minimum supervisory standards and the applicable legal framework.
• Conduct regular meetings with the Manager: MI Supervision and Divisional Head: MI Supervision to provide accurate management information, report on progress against operational objectives and ensure priorities are well coordinated.   
• Perform administrative support to the MI Division, including preparing agendas and programmes, arranging meeting logistics, taking minutes and drafting follow-up letters to industry participants. 
• Identify MI specific risks and ensure that such risks are adequately managed. 
• Report on industry issues and trends and contribute to the Prudential Authority annual review. 
• Perform ad hoc duties and participate in special projects as and when required. 

Qualifications

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

• an Honours (NQF8) degree in economics, Accounting, Risk Management, Legal, Compliance or an equivalent qualification; and
• two years’ experience in the financial sector supervision, regulatory or MI environment.

Job-related knowledge:

• FMI supervision, regulation and legislation;
• Economics; 
• Accounting/financial statement fundamentals;
• financial markets and instruments;
• relevant policies and procedures;
• PFMI.

Additional requirements include:

• problem-solving and analysis;
• verbal and written communication skills; 
• interpersonal skills
• sound judgement; and
• taking initiative.