(1197) Senior Macroprudential Specialist-Finstab

South African Reserve Bank; Pretoria; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A prominent financial institution in Pretoria seeks a Senior Macroprudential Specialist. The role involves researching financial stability risks and developing tools for measurement, requiring an Honours degree and 8-10 years of experience in macroeconomics or financial markets. Candidates must be proficient in quantitative analysis and knowledgeable about macroprudential policies.

Qualifications

• Minimum of 8-10 years’ job-related experience in macroeconomics or financial markets.
• Proficiency in quantitative analysis methods.
• Knowledge of macroprudential theory and policies.

Responsibilities

• Conduct research on financial stability risks.
• Develop measurement tools for systemic risks.
• Coordinate drafting of the Financial Stability Review.

Skills

Quantitative methods of analysis

Macroeconomics

Financial stability assessment

Education

Honours degree in Economics, Finance or Econometrics

Job description

Overview

Job title : (1197) Senior Macroprudential Specialist-Finstab

Job Location : Gauteng, Pretoria Deadline : September 25, 2025

Responsibilities

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

• Conduct detailed research and analyses on possible financial stability risks in the domestic and global macroeconomic environments, and in financial markets in order to provide technically accurate reports and policy recommendations, and demonstrate the ability to defend findings at the Financial Stability Committee (FSC).
• Apply international best practice to identify and develop tools for the measurement of systemic risks in the financial system.
• Contribute to research for the Financial Stability Review (FSR), coordinate the drafting of sections and quality assure sections of the publication.
• Stay abreast with emerging cyber technology developments, such as the use of artificial intelligence, that could lead to the build-up of financial stability risks, and provide assessments of the impact thereof on the stability of the South African financial system.
• Deliver work independently and determine deliverables from a range of prescheduled and ad hoc team responsibilities.
• Validate data (including data for submission to external parties, publications and presentations) and ensure the reconciliation thereof with historical trends and all related economic data.
• Quality assure and integrate the analysis and reports of junior macroprudential specialists.
• Make presentations on financial stability to senior management and various committees of the South African Reserve Bank (SARB) as well as to external stakeholders.
• Apply emerging knowledge in own field of expertise and mentor junior staff.
• Use networking effectively to build relationships with both internal and external stakeholders.
• Represent the SARB in regional and international forums.

Qualifications

To be considered for this position, candidates must :

• have a minimum of an Honours degree in Economics, Finance, Econometrics or an equivalent qualification;
• have a minimum of 8-10 years’ job-related experience with a strong background in macroeconomics and / or financial markets;
• be proficient in the use of quantitative methods of analysis; and
• have knowledge of macroprudential theory and policies.