(1740) Associate Analyst- Rules and Approval Job at South African Reserve Bank

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

• Provide input regarding the issuing and/or amending of interoperable, operator and scheme rules.
• Review and process the applications for exemptions and other legislative, regulatory and rules approvals.
• Assist with the development of an anti-money laundering/combating the financing of terrorism/combating the financing of proliferation (AML/CFT/CFP) strategy, policies and regulatory framework and rules.
• Review the internal and external comments received from stakeholders on draft rules.
• Conduct research to keep abreast of developments and best practice in national payment system (NPS)-impacting rules.
• Provide input into NPS and other relevant policy, regulatory, licensing, supervisory and oversight frameworks.
• Provide input into requests from operators of the payment, clearing or settlement system to operate in another jurisdiction, and provide recommendations.
• Provide input into new payment methods, innovation and developments in the NPS.
• Build relationships and engage with internal and external stakeholders on NPS developments.
• Assist with the drafting and completion of surveys in order to obtain inputs and feedback from stakeholders on payments-related policy and regulatory matters.
• Participate in the facilitation of training, capacity-building and the education of stakeholders, including consumers.
• Collect and analyse data impacting the interoperable, operator and scheme rules.
• Contribute to projects and attend to ad hoc tasks and responsibilities as per requirements.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Accounting, Commerce, Economics, Finance or Law, or an equivalent qualification; and
• the minimum of 2–5 years’ experience in a payments or financial markets environment, including rule-making and regulatory approval processes.