Senior Prudential Policy Analyst

South African Reserve Bank Group; Pretoria; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading financial regulatory authority in South Africa is looking for a candidate to lead research and analysis on prudential regulation policy. Responsibilities include developing policy frameworks, representing the organization in international engagements, and conducting regulatory impact assessments. A relevant degree and strong analytical skills are essential. Join a dynamic team focused on enhancing financial stability and compliance with global standards.

Qualifications

• Advanced research and analytical skills related to financial policy.
• Comprehensive understanding of prudential regulation frameworks.
• Proven experience in policy development and regulatory impact assessments.

Responsibilities

• Conduct research on regulatory frameworks within the Twin Peaks system.
• Develop policy positions and regulatory frameworks through rigorous assessment.
• Represent the PA in engagements with international bodies.
• Contribute to draft regulatory frameworks and instruments.

Skills

Research and analysis skills

Understanding of financial regulations

Policy development

Communication skills

Education

Relevant degree in finance, economics, or related field

Job description

Brief description

The main purpose of this role is to undertake research and analysis pertaining to prudential regulation policy within the financial sector, with the aim of monitoring and influencing the policy directions of both international financial standard‑setting bodies and domestic frameworks.

Detailed description

The successful candidate will assume responsibility for the following key performance areas:

• Provide specialised research and analysis on policy and regulatory frameworks related to prudential regulation within a Twin Peaks regulatory system, including ad hoc requests. This includes research into frameworks governing banks, insurers, financial market infrastructures, and other relevant policy domains, with emphasis on areas aligned to the mandate of the Prudential Authority (PA).
• Conduct regulatory impact assessments for frameworks developed by the PA, ensuring identification and mitigation of any unintended consequences affecting supervised entities.
• Analyse the relevance and appropriateness of developments in financial sector policy, both domestically and internationally, as they pertain to the PA’s mandate.
• Develop and refine policy positions, tools, and regulatory frameworks through rigorous research and assessment, focusing on banking, insurance, financial market infrastructures, and other policy initiatives within the PA’s remit.
• Design and implement cooperative mechanisms with the South African Reserve Bank (SARB) and related stakeholders to promote financial stability.
• Examine domestic and global regulations and evaluate their effects on banking, insurance, financial market infrastructures, and other fields pertinent to the PA’s mandate.
• Monitor international prudential policy implementation and assess its impact on local regulatory environments.
• Contribute to the development of draft regulatory frameworks and instruments applicable to entities regulated by the PA.
• Represent South Africa in engagements with international standard‑setting bodies, participating actively in their work.
• Represent the PA in Parliament and other fora on policy matters and financial sector regulation frameworks.
• Support efforts to adopt and adapt internationally recognised prudential standards to suit South Africa’s specific requirements, ensuring local relevance and continued compliance with global criteria.
• Participate in, and contribute to, PA‑related policy governance processes.
• Coordinate and complete international surveys.
• Assist in drafting the PA’s regulatory strategy, outlining the authority’s policy, regulatory, and supervisory priorities.
• Provide briefings on specialised policy topics to Divisional Heads, Department Heads, the Chief Executive Officer (CEO), Governor, and Deputy Governors relating to financial sector regulation and supervision.
• Represent the PA at various public events including training sessions, lectures, and conference presentations.
• Collaborate with the SARB and other regulators to coordinate the PA’s ‘House View’ on key financial sector policy issues.
• Draft speeches, speaking notes, and briefing documents on specialist subjects for use by Divisional Heads, Department Heads, CEO, Governor, and Deputy Governors, both locally and internationally, to reflect the views of the PA and SARB.