Brief description The main purpose of this position is to contribute to the development and execution of resolution strategies for banks and non-bank systemically important financial institutions that fall within the scope of the resolution framework set out in the Financial Sector Regulation Act 9 of 2017. The responsibility includes participating in the design and implementation of crisis management strategies, policies and processes in the interest of financial stability, in accordance with international standards. Detailed description The successful candidate will be responsible for, among other things, the following key performance areas: Develop and/or assist with the development of policy, standards and guidance on South Africa’s resolution framework. Keep abreast of international standards and best practices in the resolution of financial institutions. Contribute to the development of resolution plans and resolvability assessments. Contribute to and participate in ad hoc testing of crisis management capacity in the South African Reserve Bank (SARB) and in the financial sector and formulate recommendations on meeting crisis preparedness and resolution planning standards. Assist with and contribute to the development and refinement methodologies to measure the systemic significance of financial institutions. Conduct research in support of policy developments for the Financial Stability Department and any of the internal and external committees that it serves, including international committees. Produce reports, with input from relevant internal and external stakeholders, on industry-wide crisis management and resolution issues. Participate in and contribute to the activities of the Resolution Policy Panel and its substructures and assist with secretariat functions for these committees. Prepare for and/or participate in meetings with international organisations and committees relating to crisis management and resolution and respond to requests for information by such organisations and committees. Mentor other specialists. Provide training to stakeholders on crisis management and resolution planning. #J-18808-Ljbffr
(1642) Senior Resolution Planning Specialist
SOUTH AFRICAN RESERVE BANK
pretoria, pretoria
Published 13 days ago
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