446) Senior Financial Markets Specialist

2 weeks ago


Pretoria, Gauteng, South Africa South African Reserve Bank Full time
Job title : 446) Senior Financial Markets Specialist - FMDJob Location : Gauteng, PretoriaDeadline : April 04, 2025Quick Recommended Links
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Detailed description

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

  • Research, develop and maintain advanced analytics related to interest rate and foreign exchange markets. 
  • Conduct research on various aspects relating to financial benchmarks and reference rate reforms.
  • Provide thought leadership and contribute to position papers, presentations, speeches and other documentation prepared by the SARB Working Group, Market Practitioners Group (MPG) and other relevant bodies.
  • Contribute to the formulation and execution of strategic initiatives of the unit and the Financial Markets Department.
  • Lead the development and periodic review of interest rate benchmarks and the implementation of solutions for various calculation methodologies.
  • Establish relevant data sources and lead the implementation of appropriate data collection models to enable the production of analytics.
  • Oversee the benchmark determination process and enhance operating procedures and the control framework for benchmark administration.
  • Collaborate with other financial market specialists, business analysts, data management specialists, integration specialists and software developers to design and implement infrastructure solutions.
  • Prepare periodic operational reports to enable lead specialists, senior management and the Reference Rate Oversight Committee to exercise their oversight function on all aspects of benchmark administration.
  • Leverage data and analytics to prepare reports aimed at enhancing the transparency of various segments of interest rate and foreign exchange markets.
  • Build and maintain relationships with reporting institutions, market infrastructure providers, industry bodies and other relevant stakeholders.
  • Contribute to the learning and development of junior specialists.
  • Assist with committee administration. 
  • Contribute to process improvement.
  • Perform ad hoc tasks.

Qualifications

Job requirements 

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

  • an Honours degree (NQF8) in Economics, Finance, Statistics, Data Science or an equivalent combination of education and job-related experience; and 
  • at least 8 to 10 years' work experience in financial markets. 

The following will be an added advantage:

  • knowledge of financial markets products and the pricing thereof;
  • knowledge of quantitative finance;
  • proficient in Microsoft Office, R and/or Python; and
  • proficient in data analysis. 
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