Senior Prudential Policy Analyst

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

Job summary

A national financial regulatory authority in Pretoria is seeking a qualified individual to develop regulatory frameworks in line with local and international standards. The ideal candidate will possess a postgraduate qualification and 8–10 years of experience within the financial sector. Responsibilities include conducting research, engaging stakeholders, and drafting policy documents. This role requires strong analytical, communication, and organizational skills, along with in-depth knowledge of the financial regulatory environment.

Qualifications

• At least 8–10 years’ relevant experience in the financial sector.
• Strong knowledge of corporate governance and risk management practices.

Responsibilities

• Conduct financial sector prudential policy-related research and analysis.
• Draft prudential policy position papers and regulatory instruments.
• Engage with stakeholders on policy and regulatory matters.
• Monitor global prudential policy developments.
• Represent South Africa at international standard-setting bodies.

Skills

Problem-solving and analytical skills

Planning and organisational skills

Verbal and written communication skills

Financial and business acumen

Attention to detail

Education

Postgraduate qualification (NQF 8) in Law, Accounting, Banking, Economics, Finance or Insurance

Job description

Job Location: Pretoria, Gauteng, South Africa

Application Deadline: February 06, 2026

Overview

The main purpose of this position is to develop and refine the regulatory frameworks of the Prudential Authority (PA) that support achieving its prudential mandate as outlined in the Banks Act 94 of 1990 and the Financial Sector Regulation Act 9 of 2017.

Responsibilities

• Conduct financial sector prudential policy-related research and analysis to monitor and influence the policy positions of international financial sector standard‑setting bodies as well as local policy matters set by National Treasury and the legislator.
• Engage National Treasury, the South African Reserve Bank (SARB), other financial sector regulators, industry and other stakeholders in support of South Africa’s stance on policy and regulatory matters, with a specific focus on banks.
• Draft prudential policy position papers and regulatory instruments.
• Provide input into and implement the PA’s prudential strategic objectives.
• Analyse the relevance/appropriateness of local and international standards within the context of the PA’s mandate.
• Monitor global prudential policy developments and analyse the impact of these on local regulatory frameworks across the banking sector.
• Adopt and adapt international standards to South African requirements so that they are specific to the local environment while also aligned to international criteria.
• Develop and refine policy positions, regulatory frameworks and regulatory instruments empowered by the FSR Act in the context of the banking framework.
• Represent South Africa and influence international standard‑setting bodies.
• Represent the PA in Parliament and other forums on policy matters and legislation.
• Be a custodian of the relevant PA policy processes and related governance processes.
• Coordinate and complete international surveys related to the field of expertise.
• Brief the PA Chief Executive Officer (CEO), heads of department, divisional heads and the Prudential Committee on policy positions and regulatory instruments.
• Contribute to and/or draft speeches and briefing notes for the PA CEO, the SARB Governor and Deputy Governors as well as any other PA staff member on specialist topics so that the PA/SARB view is represented locally and internationally.
• Coordinate the PA’s house view in collaboration with the SARB and other regulators.
• Conduct and coordinate ad hoc research on prudential policy related topics.
• Take responsibility for the implementation of all future microprudential matters within the PA’s mandate.

Qualifications

To be considered for this position, candidates must be in possession of:

• a postgraduate qualification (NQF 8) in Law (preferable), Accounting, Banking, Economics, Finance or Insurance; and
• at least 8–10 years’ relevant experience in the financial sector.

Additional requirements include:

• problem‑solving and analytical skills;
• planning and organisational skills;
• verbal and written communication skills;
• financial and business acumen;
• the ability to be a self‑starter and a strong team player;
• keen attention to detail;
• the ability to maintain confidentiality;
• knowledge of and skills in:
• The financial sector;
• corporate governance and risk management practices and standards;
• the financial sector regulatory framework and core principles as published by the international standard‑setting bodies;
• the South African mutual banks, cooperative banks and cooperative financial institutions regulatory framework as well as international guiding principles.