Brief description

The main purpose of this position is to lead the alignment and maintenance of the Prudential Authority’s (PA) supervisory framework and associated guidelines against international best practice and standards as well as to ensure consistency in the application thereof. 

Detailed description

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

• Lead the team in scanning the international and national environment to keep abreast of any changes which may impact on the PA’s supervisory framework.
• Lead the interpretation of changes to the supervisory framework and present proposed changes for consultation purposes to the frontline and technical support teams. 
• Lead and/or participate within relevant working groups relating to the PA’s strategic projects, initiatives and engagements. 
• Co-ordinate and integrate framework updates, providing a consolidated, integrated and cross-functional view through well-articulated reports. 
• Manage the maintenance of the PA’s supervisory framework and associated guidelines. 
• Manage the quality assurance reviews to assess consistency in the application of the framework. 
• Manage the performance and development of the team. 
• Take responsibility for senior-level engagement and present quality assurance findings as well as recommendations to management and the Prudential Committee. 
• Review the work of the team and provide integrated management reports to support decision making. 
• Build and maintain stakeholder relationships, displaying the ability to lead engagements with relevant external and internal stakeholders. 
• Guide the refinement and continuous improvement of sectional processes.   

QUALIFICATIONS

Job requirements

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

• the minimum of an Honours degree (NQF 8) in Commerce, Compliance or Law, or an equivalent qualification; and
• the minimum of 8–10 years of experience in policy or framework development within a regulated environment, internal auditing, risk and compliance management as well as quality assurance, of which a minimum of 3 years in leading teams. 

The following would be an added advantage:

• experience within the financial sector.

Additional requirements include:

having knowledge of and skills in: 

• industry, organisational and business awareness; 
• quality assurance;
• continuous improvement;
• continued learning and/or professional development; 
• business continuity planning;
• legislation, governance, risk and compliance; 
• administration strategy;
• administration planning; 
• administration service delivery; 
• administration information management; 
• administration data capture; 
• administration reporting; and 
• data analysis and reporting.