Resolution Planning Specialist at South African Reserve Bank

• The main purpose of this position is to assist with the development of policies related to the resolution of financial institutions and to assist with the development of resolution plans.

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

• Conduct research and draft policies related to the resolution functions of the South African Reserve Bank (SARB).
• Draft plans and assess the operational preparedness of the financial institutions in resolution.
• Analyse data submitted by financial institutions for the purpose of developing resolution plans and conducting resolvability assessments, and present findings to the Senior Resolution Planning Specialist.
• Identify information gaps and develop proposals to address them.
• Ascertain and interpret industry-wide issues associated with the coordination and management of a failing financial institution, as well as the risks posed by such a failure.
• Participate in engagements with financial institutions and industry stakeholders on issues related to resolution.
• Identify and highlight impediments to orderly resolutions, and facilitate internal and/or external meetings to review these and develop recommendations for the SARB Executive.
• Stay abreast of international best practices and sector developments, analyse the implications of these changes for the work of the Resolution Planning Division, and make proposals on how these developments might be applied to improve current practices.
• Prepare presentations to various SARB and industry forums on matters related to resolution.
• Execute the day-to-day activities of the division.

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

• a minimum of an Honours degree in Economics or an equivalent qualification; and
• a minimum of five years’ job-related experience with a background in economics and/or accounting.

Additional requirements include:

• a good understanding of investment analysis, valuations and liquidity management;
• in-depth knowledge of regulatory frameworks and international standards;
• an understanding of, and experience in, crisis management;
• proven experience in risk reporting and/or intelligence gathering in the supervision of banks;
• an understanding of financial market infrastructures (FMIs);
• knowledge of, or experience in, managing distressed assets;
• experience in mergers and acquisitions;
• proven facilitation and presentation skills;
• strong interpersonal skills;
• strong communication skills (verbal and written); and
• proficiency in the use of Microsoft (MS) Office products such as MS Word, Excel and PowerPoint.