(1776) Lead Policy Analyst (FMI) PSISD

Detailed description

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

• Draft prudential policy papers, policy positions and regulatory instruments.

• Implement the Prudential Authority’s (PA) strategic objectives.

• Analyse the relevance/appropriateness of international standards on highly specialised fields in banking, insurance and financial market infrastructures, with a specific focus on financial market infrastructures, structured debt instruments and market risk.

• Develop and refine policy tools/frameworks on banking, insurance, financial market infrastructures and all related work in terms of the Financial Sector Regulation Act 9 of 2017 (FSR Act), with a specific focus on financial market infrastructures, structured debt instruments and market risk.

• Administer and implement prudential and joint policy and regulatory instruments.

• Design and implement cooperation and collaboration mechanisms with the SARB for the purposes of financial stability.

• Analyse domestic and global regulations and the impact of these on financial market infrastructures.

• Monitor global prudential policy implementation frameworks and the impact of these on local regulatory frameworks.

• Provide highly specialised and detailed regulatory frameworks on prudential and joint regulation in the context of the FSR Act as well as on the regulatory framework for financial market infrastructures.

• Draft prudential and joint regulatory frameworks and instruments.

• Influence international standard-setting bodies and possibly represent the PA at such forums.

• Represent the PA in Parliament and other forums on policy matters and legislation.

• Adopt and adapt international standards to South African requirements to be purpose-specific to South Africa, yet compliant with international criteria.

• Be a custodian of the PA policy process and related governance processes.

• Coordinate and complete international surveys.

• Brief divisional heads, heads of department, the PA Chief Executive Officer (CEO), the SARB Executive and other stakeholders on policy positions on specialised topics.

• Represent the PA at various public forums (e.g. training, lecturing and presenting at conferences).

• Coordinate the PA ‘house view’ in collaboration with the SARB and other regulators.

• Conduct and coordinate ad hoc research on prudential-related topics.

• Draft speeches and similar documents for the PA CEO, the SARB Executive on specialist topics.

• Prepare briefings on specialist topics for the PA CEO, the SARB Executive as well as heads of department to represent the PA/SARB view locally and internationally.

• Take ownership and responsibility for the implementation of microprudential matters within the mandate of the PA and in support of the financial stability mandate of the SARB.