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  • Posted: Jan 31, 2022
    Deadline: Not specified
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    The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    Manager: Banking Supervision

    Detailed Description        
    The successfulcandidate will be responsible for the following key performance areas:

    Provide strategic direction to a team of analysts interms of ongoing supervisory oversight of allocated financial entities,including the operational alignment of supervisory programmes and targets.

    Provide leadership within the Mutual Banks andCo-operatives Financial Institutions Supervision section of the PrudentialAuthority (PA) and support the relevant divisional head in achieving theoverall departmental objectives.

    Provide technical assistance and guidance to a team ofanalysts.

    Manage the team’s deliverables, including work plans,resource allocation and management, processes and systems, and change andinnovation.

    Manage the team’s performance.

    Manage talent, including the learning and developmentof team members and succession planning.

    Contribute to the team’s compliance with thegovernance, risk management and information management policies and proceduresrelevant to the PA and the South African Reserve Bank (SARB).

    Contribute to special projects within the PA.

     

    Job Requirements        
    To be considered forthis position, candidates must be in possession of:

    • a post-graduate degree inFinance, Accounting, Banking or related field;
    • eight years’ experience in thefinancial services or financial regulatory sector; and two years’ proven experienceof managing a team.

    Additional requirementsinclude:

    • an understanding of the BaselCore Principles for Banking Supervision;
    • a working knowledge of thevarious pieces of legislation and related supervisory frameworks applicable tofinancial institutions registered in South Africa and related entities;
    • an understanding of the keyissues and risks facing financial institutions registered in South Africa andrelated entities;
    • knowledge and understanding ofgood corporate governance;
    • knowledge of, and experiencein, the financial system, financial products and risk models and systems;
    • fully conversant with theBasel framework at both theoretical and practical level;
    • knowledge of relevant riskmanagement practices and standards;
    • thoughtleadership;
    • problem-solvingand analytical skills;
    • financialand business acumen;
    • peoplemanagement skills; and
    • influencing,building and maintaining relationships.

    How To Apply        
    All interested partiesare invited to apply.

    Internal applicant:Please note that internal applicants MUST apply through the ERP system. Applynow.

    External applicant:External applicants MUST apply online, via www.resbank.co.za

    All available vacancies willbe visible.

    Please follow the links:Work@SARB>Current vacancies.

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    Date posted>Last 3 weeks (in the dropdown menu)

    Select the appropriate IRC number to view the fulladvertisement.

    Do not enclose copiesof your identity document or qualifications with your application.

    Shortlisted applicantswill be subjected to a psychometric assessment, an appropriate reference checkand a security clearance as part of the selection process.

    The closing date forapplications 14 February 2022. Late applications will not be considered.

    Method of Application

    Interested and qualified? Go to South African Reserve Bank on erpweb.resbank.co.za to apply

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