Manager - Banking Supervision - BISD at South African Reserve Bank

Brief description

The main purpose of this position is to manage the delivery by a team of analysts, thereby contributing to the effective and efficient supervision of an allocated banking group.

Detailed description

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

• Provide strategic direction to a team of analysts in terms of ongoing supervisory oversight of allocated financial entities, including the operational alignment of supervisory programmes and targets.
• Provide leadership within the Banking and Insurance Supervision Department of the Prudential Authority (PA) and support the relevant divisional head(s) in achieving the overall departmental objectives.
• Provide technical assistance and guidance to a team of analysts.
• Manage the team’s deliverables, including work plans, resource allocation and management, processes and systems, and change and innovation.
• Manage the team’s performance.
• Manage talent, including the learning and development of team members as well as succession planning.
• Contribute to the team’s compliance with the governance, risk management and information management policies and procedures relevant to the PA and the South African Reserve Bank (SARB).
• Contribute to special projects within the PA.

QUALIFICATIONS

Job requirements

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

• a postgraduate degree (NQF 8) in Accounting, Banking or Finance, or any other relevant qualification at that level.
• at least eight years of experience in the financial services or financial regulatory sector; and
• at least two years of proven experience in managing a team.

The following would be an advantage:

• a CA(SA) certification; and/or 
• an AGA(SA) certification.

Additional requirements include:

• an understanding of the Basel Core Principles for Banking Supervision;
• working knowledge of the various pieces of legislation and related supervisory frameworks applicable to financial institutions registered in South Africa and related entities;
• an understanding of the key issues and risks facing financial institutions registered in South Africa and related entities;
• knowledge and understanding of good corporate governance; 
• knowledge of, and experience in, the financial system, financial products as well as risk models and systems; 
• being fully conversant with the Basel framework at both a theoretical and a practical level; 
• knowledge of relevant risk management practices and standards; 
• thought leadership;
• problem-solving and analytical skills;
• financial and business acumen;
• people management skills; and
• influencing, building and maintaining relationships.