(1944) Manager: Banking Supervision-FCSD

Detailed description

The successful candidate will be responsible for, among other tasks, the following:

• Provide strategic direction to a team of analysts in terms of ongoing supervisory oversight of allocated banks, banking groups, and related financial entities, including the operational alignment of supervisory programmes and supervisory activities.

• Provide thought leadership within the Financial Conglomerate Supervision Department of the Prudential Authority (PA) and support the relevant Divisional Head in achieving the department’s strategic and operational objectives.

• Provide technical assistance and guidance to a team of analysts.

• Manage the team’s deliverables, including team member work plans, resource allocation and workload management, team processes and systems, and change and innovation initiatives in the team.

• Manage the team members’ performance and the team’s overall performance.

• Manage talent in the team, including the learning and development of team members, and team member retention and succession planning.

• Contribute to the team’s compliance with the governance, risk management and information management policies and procedures relevant to the PA and the South African Reserve Bank (SARB) and ensure compliance with PA-specific procedural policies and guidelines.

• Contribute to special projects in the PA.

Job requirements

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

• a postgraduate degree in Accounting, Banking, Economics, Finance, Insurance or any other relevant field;

• at least eight years’ experience in the financial services or financial regulatory sector; and

• at least two years’ proven experience in managing a team.

Additional requirements include:

• knowledge and understanding of the Basel Core Principles for Banking Supervision;

• a working knowledge of the various pieces of legislation and related supervisory frameworks applicable to banking institutions registered in South Africa and related entities;

• an understanding of the key issues and risks facing banking institutions registered in South Africa and related entities;

• knowledge and understanding of good corporate governance principles and practices; 

• knowledge of and experience in the financial system, financial products, and related risk models and systems; 

• a sound theoretical and practical understanding of the Basel framework;

• knowledge of relevant risk management practices and standards applied within the banking industry; 

• thought leadership skills;

• problem-solving and analytical skills;

• financial and business acumen;

• people management skills; and

• proven ability to influence, build and maintain relationships.