Chief Executive Officer

3 days ago

Pretoria, South Africa South African Reserve Bank Full time

-The main purpose of this position is to provide leadership and strategic direction, and to manage the overall functioning of the Corporation for Deposit Insurance (CODI) in line with the legal requirements and international standards.
-Detailed Description
Lead the development, implementation and monitoring of CODI’s strategy in line with the guidance of the CODI Board of Directors (Board) and the South African Reserve Bank’s (SARB) financial stability mandate.
- Provide input into the SARB strategy.
- Develop operational plans and budgets, and define the value chain, structure and resources required to deliver on the objectives of CODI.
- Take responsibility for the risk, compliance and governance functions to ensure that CODI fulfils its legal obligations, and report to the CODI Board on these issues.
- Regularly assess the adequacy of funding of the Deposit Insurance Fund (DIF) to fulfil CODI’s functions and obligations.
- Participate as a member of the International Association of Deposit Insurers and its sub
- committees, where relevant.
- Take responsibility for communication to stakeholders and the establishment and maintenance of public awareness on deposit insurance.
- Promote compliance with international standards and international best practice on deposit insurance by identifying areas for improvement and initiating projects to address these.
- Prioritise work to achieve the organisational objectives, adjust plans and reprioritise work plans as required
- Monitor the use of resources to increase efficiency or redirect work.
- Manage the performance and development of direct reports, create a performance culture, and promote and support career management and development.
Job Requirements
a post-graduate qualification in Economics, Finance, Accounting, Banking, Law or Management Science; and
- a minimum of 12 years' experience in the banking sector or in a financial regulatory environment, with at least 5 years in a management role.

Additional requirements

Job-related knowledge includes:

- general management and leadership in a changing organisation;
- thorough knowledge of the operations of the financial system and its components;
- a broad understanding of economic theory and the economics of regulation;
- up-to-date knowledge of international deposit insurance and regulatory best practice, and relevant emerging trends and developments;
- the development and implementation of policies, procedures and systems; and
- experience in the implementation of projects.

Job-related skills and attributes include:

- building strategic relationships and creative thought leadership;
- exercising sound judgement and decision-making;
- establishing focus;
- demonstrating a drive for results;
- being service and stakeholder focused;
- developing and growing others;
- promoting team work; and
- being skilled in: 
- problem solving and analysis; 
- verbal and written communication; 
- conflict management; 
- planning and organising; 
- risk management; 
- influencing; 
- negotiation; and 
- managing complexity and ambiguity.
How To Apply

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The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.

Ms Sarah Molomo
Senior Manager: Recruitment and Selection
Human Resources Department
Currency
-ZAR
-Amount of Travel
-Work At Home

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