(235) Divisional Head: Banking Supervision X2-bisd

2 weeks ago


Pretoria, South Africa South African Reserve Bank Full time

**Brief description**

The main purpose of this position is to provide strategic direction and managerial leadership to the Banking Supervision Division and ensure the financial soundness and sound governance of banking entities under the division’s supervision.

**Detailed description**
- Promote the safety and soundness of banking entities under the division’s supervision.
- Provide strategic direction in the development, implementation and monitoring of the divisional strategy in accordance with the overall Prudential Authority (PA) strategy and ensure alignment with the departmental strategy.
- Contribute to the development and continuous refinement of the supervisory approach for banking entities under the division’s supervision, taking into account the current, emerging, systemic and supervised entity-specific risks.
- Manage the supervisory oversight of the banking entities under the division’s supervision, including, but not limited to:

- identifying, assessing and escalating key risks and react to key indicators of risks within the department;
- overseeing the maintenance of permanent records and correspondence of banking entities and banking groups allocated to the division; and
- endeavouring to uphold an updated risk rating of the banking entities and banking groups.
- Monitor compliance by banking entities and banking groups to the applicable regulatory framework which includes prudential standards and regulations issued by the PA.
- Manage the operationalisation and implementation of decision-making frameworks, protocols and procedures.
- Ensure compliance with all legislative and regulatory requirements of the South African Reserve Bank (SARB), that risks of the division are identified and assessed, and that risk-effective mitigating measures are implemented.
- Manage the performance and development of direct reports, creating a performance culture as well as coach and manage the career development of employees in the division.


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