Associate Financial Markets Infrastructure Analyst- BISD at South African Reserve Bank

Brief description

• To analyse and assess the adequacy and appropriateness of the inter-disciplinary infrastructure regulation and principles that apply to the day-to-day supervision of prudentially regulated financial market infrastructures (FMIs), and to identify, monitor and mitigate risks to financial stability.

Detailed description

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

• To ensure that FMIs adhere to the Principles for Financial Market Infrastructures (PFMIs) and comply with minimum supervisory standards and the legal framework.
• To conduct regular meetings with the Manager: Divisional Head: FMI Supervision and Divisional Head: FMI Supervision to communicate meaningful and accurate management information, information on progress with operational objectives and to ensure that priorities are well coordinated.
• To conduct relevant research to align with international best practice compliance and standards.
• To identify FMI specific risks and ensure that such risks are adequately managed.
• To provide accurate and meaningful information for both domestic and international consumption.
• To report on industry issues and trends and contribute to the PA annual review.
• To perform ad hoc duties and participate in special projects as and when required.

QUALIFICATIONS

Job requirements

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

• A minimum of a Bachelor’s Degree in Economics/ Accounting / Risk Management/ Legal or Compliance
• A minimum 2 - 5 years of experience in the Financial Sector supervision / Regulatory/ FMI environment

Job-related knowledge:

• FMI Supervision, regulation and legislation
• Economics
• Accounting/Financial Statements
• Financial markets and instruments
• Relevant policies and procedures
• Research methodologies
• Principles for Financial Market Infrastructures (PFMI)

Job-related skills and attributes:

• Problem solving and analysis
• Verbal and written communication
• Interpersonal
• Sound judgement 
• Strategic decision-making
• Working independently