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The purpose of this position is to supervise banks with respect to the governance and management of risks such as counterparty credit, liquidity, market, capital and operational risks.
Detailed Description
The successful candidate will be responsible for the following:
· Supervise, oversee and participate in supervisory practices, including to
- monitor banks’ exposure to the above risks;
- ensure the capital adequacy of banks with respect to these risks;
- ensure banks’ risk management practices are adequate;
- contribute to risk-based meetings with banks and their auditors; and
- analyse and interpret risk-based regulatory returns.
· Manage correspondence and maintain electronic records in line with standards.
· Contribute towards attainment of departmental strategic objectives.
· Contribute to special projects in the department.
· Contribute towards the attainment of operational objectives.
Job Requirements
To be considered for this position, candidates must have:
· a Bachelors degree in Commerce , Economics, Science, Finance, Risk Management, Accounting; and
· 2-5 years’ experience in the financial services or financial regulatory sector.
Job related knowledge:
· in-depth knowledge of regulatory frameworks and international standards, such as the Basel Core Principles for Banking Supervision;
· understanding of key issues facing mutual and co-operative banks;
· knowledge of, and experience in, the banking system, financial and banking products, risk models and systems;
· knowledge of relevant risk management practices and standards; and
· knowledge of the Mutual Banks Act 124 of 1993 and the Co-operative Banks Act 40 of 2007 and associated laws and regulations will be an added advantage.
Job related skills and attributes:
· problem-solving and analysis;
· 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.
How To Apply
All interested parties are invited to apply.
Internal applicants MUST apply through the ERP system.
External applicants MUST apply online, via www.resbank.co.za .
· All the available vacancies will be visible.
· Please follow these links: WORK @ SARB > Latest vacancies .
· Login:
Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or
Already registered on our Job Site? > Already registered? > Login here .
· Select ‘Date posted’ > ‘Last 6 weeks’ (in the drop-down menu).
· Select the appropriate IRC number to view the full advertisement.
Do not enclose copies of your identity document or qualifications with your application.
Shortlisted applicants will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process.
The closing date for applications is
01 September
2023
. Late applications will not be considered.
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.
The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.
Currency
ZAR
Amount of Travel
Work At Home
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