1253) Divisional Head

4 days ago

Pretoria, South Africa South African Reserve Bank Full time

**Brief description**

**Detailed description**
- Provide input into the departmental strategy and operational plan and communicate and clarify the vision and strategic goals of the South African Reserve Bank (SARB), the Prudential Authority (PA) and the Policy, Statistics and Industry Support Department (PSISD).
- Develop strategic and operational plans for the Capital Management Division that are aligned with the PA and PSISD strategies and manage the implementation thereof, including building the division’s capacity and capability.
- Lead and oversee capital adequacy assessments such as the Internal Capital Adequacy Assessment Process, Own Risk and Solvency Assessment, Market Infrastructures Capital Assessment Process and Financial Conglomerate Supervision Capital and Risk Assessment.
- Provide oversight for the approval of the issuance of capital instruments by regulated institutions.
- Align, coordinate and manage resources to deliver on the Capital Management Division’s objectives.
- Influence and provide input into various PA governance structures on regulatory capital matters.
- Develop and oversee the implementation of the Capital Management Division’s policies, procedures and systems requirements, and ensure alignment with related functions and the organisational value chain.
- Clarify performance expectations and roles for the team within the division, prioritise tasks as well as manage resource utilisation, the quality of deliverables and cost control.
- Manage the performance and development of direct reports, create a performance and innovation culture, and promote and support career development within the division.
- Ensure continuous improvement in the delivery and functioning of the Capital Management Division.
- Identify and mitigate divisional risks and ensure compliance with relevant governance frameworks.
- Ensure compliance with the SARB’s legislative and regulatory requirements and that divisional risks are identified (through operational risk assessments) and assessed, and that adequate and effective risk mitigating measures are implemented.
- Oversee and ensure that the internal audit findings are addressed promptly and adequately.
- Lead change by creating and maintaining a culture that is supportive of the SARB’s values, and by promoting diversity and inclusion in the workplace.

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