Manager: Exceptions ReportingSouth African Reserve Bank

• To plan, direct and manage a team of Analyst responsible to monitor compliance in terms of the requirements of the Currency and Exchanges Manual for Authorised Dealers, Exchange Control Regulations, policies and procedures.

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

•      To ensure compliance and reporting of cross-border transactions in order to prevent the abuse of the financial system and support regulation of financial institutions.
•      To enhance risk based supervisory practices by embedding a data -driven decision making culture.
•      Compile, implement and monitor the operational and performance plans of the section/division in line with the strategic focus areas of the Department.
•      Establish, develop, embed and enhance processes and systems to reduce inefficiencies on monitoring exceptions.
•      Manage project plans, resource allocation, management of people, budget and stakeholder relations.
•      Implement and oversee best practice analytical methodologies and standards.
•      Embrace and leverage analytical tools to automate processes, including building surveillance models for exception reporting.
•     Provide input to stakeholders (e.g. National Treasury, South African Revenue Services) in terms of policy formulation and enhancements to the regulatory framework and contribute to special projects or committees within the Department.
•      Liaise and collaborate with other relevant departments within the South African Reserve Bank, regulated entities and other regulatory authorities.
•      Ensure compliance with applicable legislation, Bank policies, standards and laid down procedures, including control procedures aimed at mitigating risks.
•      Embed the SARB culture and manage change and innovation.
•      Plan, direct and manage the performance and talent management of Analysts.

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

•      A minimum of Postgraduate qualification in Banking, Finance, Statistics, Business Science OR equivalent at NQF8;
•      8-10 years’ experience in the financial/banking services or regulatory sector; and
•      3 - 5 years’ proven experience of managing a team.

Job related knowledge and skills competency requirements:

•      Currency and Exchanges Manual for Authorised Dealers, Exchange Control Regulations.
•      An understanding of the key regulatory requirements facing financial institutions and related entities.
•      Knowledge and experience within the financial system of South Africa.
•      People management.
•      Attention to detail.
•      Power BI, SQL, SAS or Python.
•      Data Governance process (data profiling, data cleansing, data remediation).
•      Data visualisation.
•      Data integrity.

Behavioural competencies:

•      Leading change.
•      Problem-solving and analytical skills.
•      Financial and business acumen.
•      Confidentiality.
•      Managing complexity and ambiguity.
•      Driving results.
•      Developing and growing others.
•      Strategic and conceptual thinking.
•      Service and stakeholder focus.