(1739) Senior Analyst- Licensing and Authorisation

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

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

• Monitor the processing and granting of licensing applications (designations, registrations, licensing and authorisations).

• Lead on arrangements with Business Systems and Technology Department to establish an all-encompassing licensing system, and

• Review, propose and recommend for approval of licensing, authorisation, designations, registration etc frameworks , including amendments, of payment institutions, including operators and schemes, including amendments.

• Review requests from entities, participants, members of operators and schemes and /or their participants or members intending to exit the NPS and provide recommendations for the Divisional Head’s consideration and approval.

• Manage the process of and recommend for approval the variations, suspensions and the withdrawal of licences.

• Contribute to the process of curatorship, winding-down and resolution of non-systemically important payment institutions, including contributing to the process of recovery and/or resolving systemically important payment institutions.

• Ensure the effective operation and administration of the Licensing Committee, including (but not limited to) the facilitation of meetings and the provision of inputs into the agenda.

• Ensure that licensing-related and other relevant documentation is effectively stored and retrieved as per the South African Reserve Bank’s (SARB) record management policies, frameworks and guidelines.

• Provide input into requests from operators of the payment, clearing or settlement systems or payment institutions to operate or conduct payment activities in 2-another jurisdiction, and provide recommendations for the Divisional Head’s consideration and approval.

• Review the internal and external comments received from stakeholders on licensing and authorisation frameworks and related matters.

• Provide input into the drafting, issuance and/or amendments of policy and regulatory documents, including (but not limited to) standards, directives, policy papers, consultation papers, explanatory memos, notices and guidance notes.
• Review and provide input into licensing and authorisation legislation as well as the frameworks of other regulatory authorities, standards and reports derived from international standard-setting bodies, regional and domestic regulatory authorities.

• Monitor and keep abreast of licensing and authorisation developments and best practice.

• Ensure that the licensing and authorisation framework complies with relevant international standards and practices.

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

• Build relationships and engage with internal and external stakeholders on NPS developments.

• Develop and oversee the completion of surveys in order to obtain inputs and feedback from stakeholders on licensing and authorisation 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 as well as the, Licensing and Authorisation Unit in industry and stakeholder meetings as well as on domestic, regional and international standard-setting bodies, committees, structures and forums.

• Collect and analyse data relating to licensing and authorisation matters.

• Assist in ensuring that any risks within Licensing and Authorisation Unit are identified, assessed and mitigated.

• Manage the performance of the analysts in the function by providing technical assistance as well as coaching and mentoring them in executing their daily tasks (when required).