(1740) Associate Analyst- Rules and Approval
South African Reserve Bank
The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought The successful candidate will be responsible for the following key performance areas: Provide input regarding the issuing and/or amending of interoperable, operator and scheme rules. Review and process the applications for exemptions and other legislative, regulatory and rules approvals. Assist with the development of an anti-money laundering/combating the financing of terrorism/combating the financing of proliferation (AML/CFT/CFP) strategy, policies and regulatory framework and rules. Review the internal and external comments received from stakeholders on draft rules. Conduct research to keep abreast of developments and best practice in national payment system (NPS)-impacting rules. Provide input into NPS and other relevant policy, regulatory, licensing, supervisory and oversight frameworks. Provide input into requests from operators of the payment, clearing or settlement system to operate in another jurisdiction, and provide recommendations. Provide input into new payment methods, innovation and developments in the NPS. Build relationships and engage with internal and external stakeholders on NPS developments. Assist with the drafting and completion of surveys in order to obtain inputs and feedback from stakeholders on payments-related policy and regulatory matters. Participate in the facilitation of training, capacity-building and the education of stakeholders, including consumers. Collect and analyse data impacting the interoperable, operator and scheme rules. Contribute to projects and attend to ad hoc tasks and responsibilities as per requirements. Qualifications To be considered for this position, candidates must be in possession of: the minimum of an Honours degree (NQF 8) in Accounting, Commerce, Economics, Finance or Law, or an equivalent qualification; and the minimum of 2 - 5 years' experience in a payments or financial markets environment, including rule-making and regulatory approval processes.
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