Job Description

JOB DESCRIPTION

• Conceptualise, monitor and manage operational work plans drawn from the division's strategy (primarily focused on markets analysis, regulation and supervision), and provide managerial direction, leadership and technical guidance to a team of market risk specialists.
• Perform supervisory duties for relevant areas and financial institutions, including assessing compliance with applicable regulations and standards.
• Develop fit-for-purpose regulatory instruments, including subsequent attendance to all post-implementation matters.
• Conduct quantitative and qualitative research, and develop and implement appropriate analytical techniques, procedures and controls to enhance regulatory capability and supervisory depth.
• Work collaboratively on relevant initiatives with other teams within and outside of the division, including providing expert technical input to supervisory teams, policy development specialists and other stakeholders.
• Manage stakeholder engagements and relationships (internal and external to the PA).
• Manage team performance, learning and development, succession planning and talent development.
• Identify and mitigate risks related to own function, and ensure compliance with relevant governance frameworks.

JOB REQUIREMENT

• A postgraduate degree (at least NQF level 8) in Computer Science, Economics, Finance, Insurance Investment Management, Mathematics, Statistics, or another relevant quantitatively focused degree; preference will be given to candidates with financial mathematics or financial engineering post-graduate qualifications;
• At least 8-10 years of relevant working experience in the financial services or financial regulatory sector;
• Relevant knowledge of and experience in the insurance and financial market infrastructure environments, market risk, counterparty credit risk and/or quantitative analytics (including model development, validation, etc.) focused on investments and financial derivatives; and
• At least 2 years of proven experience in managing teams.

The following would be an added advantage:

• Being a Chartered Financial Analyst (CFA);
• being a Financial Risk Manager1 (FRM);
• Having a Certificate in Quantitative Finance2 (CQF) or another appropriate industry-recognised certification; and/or
• Having a Master of Business Administration (MBA) degree or another relevant Master's-level (or higher) management-related degree.