Regulatory Analyst

Regulatory Analyst - Debt and Specialist Securities Listing reference: jse_ Listing status: Under Review Apply by: 23 April 2025 Position summary Job category: Banking, Finance, Insurance. Stockbroking Contract: Permanent Remuneration: Market Related EE position: Yes About our company WHY JOIN THE JSE? The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all. Introduction To ensure that listed debt and specialist security companies and all other regulated and semi-regulated parties comply with the JSE Listings Requirements and JSE Debt Listings Requirements to enable the JSE to mitigate financial and reputational risk to the JSE as the regulator and the stock exchange. Protect and grow core business – Process Management · Review, analyse and interpret the information submitted and perform needed assessments to identify if the instruments that will be listed is one or more of the following: vanilla debt, convertible bonds, credit-linked notes, index-linked notes, structured notes/products, exchange traded notes, exchange traded funds, actively managed certificates, actively managed exchange traded funds, warrants, securitisations, asset-backed securities, preference shares, project bonds, sustainability securities and potential debt or specialist securities that may come to market (e.g. crypto assets, carbon credits, etc.) · Once the instrument type/s have been identified, assess which specific requirements or if multiple sets of requirements would be applicable when reviewing documentation. Liaise internally to confirm the type/s of security being listed and the applicable set/s of requirements · Subject instrument types to in-depth analysis to determine if future assets / securities / indices would be utilised in the relevant instrument type/s and identify the relevant requirements that would be applicable to those underlying assets / securities / indices and assist corporate actions with the classifications of Issuers and segments · Maintain consistency in review process when ensuring compliance with the requirements in order to mitigate risks. Respond to queries timeously. Attend daily catch-up meetings to present rulings, issues of non-compliance, clarity on in-principle approval requests and complex matters with the aim of providing guidance and feedback to sponsors, debt sponsors and designated persons. Consult with management in decision making process where necessary. Ensure that the submission process stays within time limits and standards · Assist listed companies or sponsors with issues pertaining to compliance to the listing requirements by outlining requirements or providing suitable alternatives · Ensure that Issuer Regulation Page on the website is up to date with all continuously updating documents on the website · Review, analyse and interpret the information submitted and perform needed assessments to identify if the instruments that will be listed is one or more of the following: vanilla debt, convertible bonds, credit-linked notes, index-linked notes, structured notes/products, exchange traded notes, exchange traded funds, actively managed certificates, actively managed exchange traded funds, warrants, securitisations, asset-backed securities, preference shares, project bonds, sustainability securities and potential debt or specialist securities that may come to market (e.g. crypto assets, carbon credits, etc.) · Once the instrument type/s have been identified, assess which specific requirements or if multiple sets of requirements would be applicable when reviewing documentation. Liaise internally to confirm the type/s of security being listed and the applicable set/s of requirements · Subject instrument types to in-depth analysis to determine if future assets / securities / indices would be utilised in the relevant instrument type/s and identify the relevant requirements that would be applicable to those underlying assets / securities / indices and assist corporate actions with the classifications of Issuers and segments · Maintain consistency in review process when ensuring compliance with the requirements in order to mitigate risks. Respond to queries timeously. Attend daily catch-up meetings to present rulings, issues of non-compliance, clarity on in-principle approval requests and complex matters with the aim of providing guidance and feedback to sponsors, debt sponsors and designated persons. Consult with management in decision making process where necessary. Ensure that the submission process stays within time limits and standards · Assist listed companies or sponsors with issues pertaining to compliance to the listing requirements by outlining requirements or providing suitable alternatives · Ensure that Issuer Regulation Page on the website is up to date with all continuously updating documents on the website · Utilise JSE systems, internal data and market data to regulate companies, identify trends and issues with listed companies to ensure that we proactively react to any issues that could result in a non-compliance or breach of requirements by a listed entity Protect and grow core business – Business and Financial Results Management · Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets · Regulate the issuers of debt and specialist securities by ensuring their adherence to the Listings Requirements and Debt Listings Requirements · Documents to be vetted to ensure full compliance with the Listings Requirements and Debt Listings Requirements, within the required timelines · Provide advice and guidance to prospective and existing applicant issuers (including their relevant agents such as debt sponsors, legal advisors, etc.) by answering general queries and interpreting the listings and debt listings requirements and considering their requirements on the various types of debt and specialist securities · Identify opportunities to improve on existing procedures and processes in order to ensure most efficient and effective usage thereo · Provide input on systems, products or projects to improve client/JSE service Protect and grow core business – Stakeholder relationship management · Understand and meet clients' needs by continuous and clear communication with sponsors, debt sponsors and designated persons on the document review process · Build sponsor, debt sponsor and designated person relationships by communicating in a professional manner and by addressing any issues that arise · Maintain consistency in interaction with all clients · Build networks and relationships with all clients, internal JSE teams and external stakeholders · Interact with others in a way that promotes openness and trust and gives them confidence in one’s intentions, speak confidently and in a professional demeanour · Engage in quarterly meetings with the key debt sponsors, sponsors and designated persons to maintain good relationships between the JSE and its regulated parties Protect and grow core business – Self-Management · Manage own delivery against agreed delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required · Improve personal capability and professional growth by discussing development needs with management and attending relevant training courses · Keep abreast of changes in securities, legislation or standards relevant to debt and specialist securities · Epitomise living the JSE values and display professional conduct Protect and grow core business – Transformation and Innovation Contribution · Implement improvements and/or innovative ideas that add value to the JSE Preferred Qualification Degree in Finance / Financial markets / Law / Accounting / Analytics Preferred Experience 4 years’ experience in the debt and/or specialist securities market Advising on the JSE listings requirements relating to debt and/or specialist securities preferable Knowledge and Skills preferred Knowledge · Knowledge of the basic mechanics behind the various types of debt and specialist securities · Knowledge of listings requirements applicable to debt and specialist securities preferable · Basic software applications (e.g., Outlook, Word, Excel, PowerPoint, Internet, Email) · Knowledge on cyber security and agile methodology preferable · Understanding of the Protection of Personal Information Act · Knowledge on sustainability principles, guidelines or regulation would be advantageous Skills · Establishing and maintaining collaborative relationships with peers / manager · Building and maintaining effective relationships with internal and external stakeholders · Analytical and critical thinking skills (problem-solving) · Time management and good organisation and planning · Good communication skills (written and verbal) · Completing tasks under time constraints · Artificial Intelligence skills would be advantageous · Project management skills would be advantageous #J-18808-Ljbffr