(608) Lead Policy Analyst

at  South African Reserve Bank

BRIEF DESCRIPTION

The main purpose of this position is to conduct financial sector prudential policy-related research and analysis in order to monitor and influence the policy positions of international financial sector standard-setting bodies as well as local policy matters set by National Treasury and the legislator. Deliverables will include drafting prudential policy papers, policy positions and regulatory instruments. The role includes engaging with National Treasury, the South African Reserve Bank (SARB), financial sector regulators, industry and other stakeholders on supporting South Africa’s stance on policy and regulatory matters, with a specific focus on financial market infrastructures, structured debt instruments and market risk.

DETAILED DESCRIPTION

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

• Participate in formulating and implementing the Prudential Authority’s (PA) strategic objectives.
• Monitor global prudential policy implementation frameworks and the impact of these on local regulatory frameworks on highly specialised fields across the financial sector, with a specific focus on financial market infrastructures, structured debt instruments and market risk.
• Analyse domestic and global regulations and the impact of these in financial market infrastructures.
• Adopt and adapt international standards to South African requirements in order to be both purpose-specific to South Africa and compliant with international criteria.
• Develop and refine regulatory frameworks, instruments and all related work in terms of the Financial Sector Regulation Act 9 of 2017, with a specific focus on financial market infrastructures, structured debt instruments and market risk.
• Develop and enhance a prudential regulatory framework for structured debt instruments (commercial paper, securitisation, etc.), including refining existing regulatory instruments that inform this regulatory framework.
• Design and implement cooperation and collaboration mechanisms with the SARB for the purposes of financial stability.
• Represent the PA in Parliament and other forums on policy matters and legislation.
• Be a custodian of the PA policy process and related governance processes.
• Coordinate and complete international surveys.
• Brief PA divisional heads, heads of department, the PA Chief Executive Officer (CEO), the Prudential Committee (i.e. the Governor and deputy governors) and other relevant governance structures on policy positions on specialised topics.
• Represent the PA at various public forums (e.g. by providing training, giving lectures and making presentations at conferences).
• Influence international standard-setting bodies and possibly represent the PA at such forums.
• Coordinate the PA ‘house view’ in collaboration with the SARB and other regulators.
• Conduct and coordinate ad hoc research on topics related to prudential regulation.
• Draft speeches and similar documents for the PA CEO, Governor, deputy governors and PA heads of department on specialised topics.
• Prepare briefings on specialised topics for the PA CEO, Governor, deputy governors and heads of department to represent the PA/SARB view locally and internationally.
• Take ownership and responsibility for the implementation of microprudential matters within the PA’s mandate and in support of the financial stability mandate of the SARB.

• Participate in formulating and implementing the Prudential Authority’s (PA) strategic objectives.
• Monitor global prudential policy implementation frameworks and the impact of these on local regulatory frameworks on highly specialised fields across the financial sector, with a specific focus on financial market infrastructures, structured debt instruments and market risk.
• Analyse domestic and global regulations and the impact of these in financial market infrastructures.
• Adopt and adapt international standards to South African requirements in order to be both purpose-specific to South Africa and compliant with international criteria.
• Develop and refine regulatory frameworks, instruments and all related work in terms of the Financial Sector Regulation Act 9 of 2017, with a specific focus on financial market infrastructures, structured debt instruments and market risk.
• Develop and enhance a prudential regulatory framework for structured debt instruments (commercial paper, securitisation, etc.), including refining existing regulatory instruments that inform this regulatory framework.
• Design and implement cooperation and collaboration mechanisms with the SARB for the purposes of financial stability.
• Represent the PA in Parliament and other forums on policy matters and legislation.
• Be a custodian of the PA policy process and related governance processes.
• Coordinate and complete international surveys.
• Brief PA divisional heads, heads of department, the PA Chief Executive Officer (CEO), the Prudential Committee (i.e. the Governor and deputy governors) and other relevant governance structures on policy positions on specialised topics.
• Represent the PA at various public forums (e.g. by providing training, giving lectures and making presentations at conferences).
• Influence international standard-setting bodies and possibly represent the PA at such forums.
• Coordinate the PA ‘house view’ in collaboration with the SARB and other regulators.
• Conduct and coordinate ad hoc research on topics related to prudential regulation.
• Draft speeches and similar documents for the PA CEO, Governor, deputy governors and PA heads of department on specialised topics.
• Prepare briefings on specialised topics for the PA CEO, Governor, deputy governors and heads of department to represent the PA/SARB view locally and internationally.
• Take ownership and responsibility for the implementation of microprudential matters within the PA’s mandate and in support of the financial stability mandate of the SARB