Policy Analyst - Banking - PSISD

Job Description

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

• Assist in conducting research based on international best practice and practices in other jurisdictions that are similar to the South African market to better inform the development of a robust regulatory framework for the South African.
• Participate in industry engagement sessions as well as engagements with other financial sector regulators and internal stakeholders in the development of regulatory frameworks for the Prudential Authority PA.
• Provide input into the areas of policy development for the PA related to prudentially regulated financial institutions and the relevant regulatory framework.
• Provide secretariat support for the governance structures within the PA.
• Assist senior team members in representing the PA in external forums on policy matters and legislation.
• Assist senior team members with the coordination of the PA's 'house view' on policy and legislation, in collaboration with the SARB and other regulators.
• Contribute to and/or assist in drafting speeches and briefing notes for the PA CEO, the SARB Governor and Deputy Governors as well as any other PA staff member on specialist topics so that the PA/SARB view is represented locally and internationally.
• Responsible for assisting with the drafting and development and/or refining of regulatory instruments and policy positions for deposit taking institutions in terms of the Banks Act 94 of 1990, working closely with senior team members and senior management in the broader PA.

Qualifications

Job requirements

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

• a postgraduate qualification in Law, Finance, Economics or an equivalent qualification; and
• a minimum of five to seven years' experience in conducting policy-related research, drafting regulatory instruments or formulating policy and analytical skills in a relevant field.

The following would be an added advantage

• practical experience in the deposit-taking regulatory environment; and/or
• practical experience in conducting research, and demonstrable drafting and analysis skills in the financial sector.

Job-related skills and attributes include

knowledge of the financial sector and an understanding of developments in recent financial sector reforms;

• an understanding of prudential supervision, regulation and legislation impacting the PA;
• an understanding of international regulatory standards impacting the South African Reserve Bank SARB/PA;
• competence in the use of Microsoft Office MS software packages;
• the ability to be proactive and work independently;
• excellent verbal and written communication skills; and
• the ability to work well under pressure and paying attention to detail.