(1910) Foreign Debt Analyst
South African Reserve Bank · Pretoria
Brief description
The main purpose of the role is to lead the team in overseeing inward foreign loan reporting and foreign debt administration; finalising foreign loan applications; maintaining the Foreign Loan System (FLS); and monitoring compliance with exchange control requirements.
Detailed description
The successful candidate will be responsible for, among other duties, the following key performance areas:
Finalise foreign loan applications and related correspondence, including the review and resolution of change requests submitted by Authorised Dealers.
Validate foreign loan information recorded on the FLS and ensure completeness, accuracy and integrity of loan records.
Administer and maintain the FLS, including user registrations, access requests, interest rates, system parameters and allocation of work items.
Monitor inward foreign loan transactions for compliance with exchange control regulations and analyse loans for anomalies or potential irregularities.
Compile weekly and monthly foreign loan statistics, management reports and ad hoc information requests for the department’s management and stakeholders.
Provide guidance to internal divisions, Authorised Dealers, reporting entities, state-owned entities and National Treasury on foreign debt reporting requirements.
Lead and guide junior team members in delivering work and executing tasks and provide input into the evaluation of their performance and development needs.
Contribute to process improvement, knowledge sharing, data quality enhancement and regulatory compliance across reporting institutions.
Engage with internal and external stakeholders and deliver a coherent and convincing message.
Stay abreast of developments in relevant standards, procedures and regulations, holding self, team members and stakeholders to account.
About SARB
Primary mandate of the SARB
Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:
The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.
The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.
WHAT WE DO
Monetary Policy
The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
Financial Stability
The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
Prudential Regulation
The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
Financial Markets
Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
Financial Surveillance
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
Payments and Settlements
The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
Statistics
The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
Research
Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.
Banknotes and Coin
The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.
The main purpose of the role is to lead the team in overseeing inward foreign loan reporting and foreign debt administration; finalising foreign loan applications; maintaining the Foreign Loan System (FLS); and monitoring compliance with exchange control requirements.More jobs at South African Reserve Bank · Legal & Compliance jobs in Pretoria