(1707) Analyst- Research and Coordination

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

• Contribute to the development and execution of the departmental, divisional and national payment system (NPS) strategy, including (but not limited to) the NPS Vision.

• Conduct research (including data collection), monitor and keep abreast of the payments landscape and best practice, and analyse and report on these in order to inform the development of strategy, policy, regulations, rules etc.

• Develop a governance framework for dispute resolution and appeals, and ensure effective and efficient process management.

• Contribute to the processes for payment institution crisis and failure management, and ensure effective coordination and execution by the relevant divisions within the South African Reserve Bank (SARB).

• Review and provide input into licensing and authorisation legislation as well as the policy, regulatory and licensing frameworks of the division and other regulatory authorities, standards and reports derived from international standard-setting bodies as well as regional and domestic regulatory authorities.

• Collate the internal and external comments received from stakeholders on policy and regulatory matters.

• Provide input into an anti-money laundering/combating the financing of terrorism/combating the financing of proliferation (AML/CFT/CFP) strategy, policies and regulatory framework.

• Coordinate and provide input into external assessments, including (but not limited to) the Financial Sector Assessment Programme (FSAP), the Financial Action Task Force (FATF) as well as the Committee on Payments and Market Infrastructures (CPMI).

• Coordinate policy, regulatory and licensing dialogues, and establish and operationalise the necessary committees.

• Review and assess whether the NPS regulatory framework complies with relevant international standards and practices.

• Provide guidance and input into new payment methods, innovation and developments in the NPS.

• Coordinate and provide input into financial technology (fintech)-related matters, including (but not limited to) Sandbox applications and the Regulatory Guidance Unit.

• Draft surveys in order to obtain inputs and feedback from stakeholders on payments-related policy and regulatory matters.

• Generate and share knowledge with internal and external stakeholders, and contribute towards training, capacity-building and the education of stakeholders, including consumers.

• Represent the SARB and the PRLD division in industry and stakeholder meetings as well as on international, regional and domestic standard-setting bodies, committees, structures and forums.

• Coordinate stakeholder engagements, and build relationships with internal and external stakeholders.

• Contribute to the Identification, assessment and mitigation of any strategic and operational risks related to NPS policy and regulatory matters, scheme and operator rules as well as licensing and authorisation.