Company: South African Reserve Bank
Location: Saudi Arabia
Employment Type: Full-time
Description:
Detailed description
The successful candidate will be responsible for the following key performance areas:
• Lead technical exploration projects into innovative financial technologies e.g. techsprints, proof of concepts to understand the impact of and gap created by innovative developments on current policies and regulation.
• Initiate, select and scope technical projects on emerging technologies of relevance to the Fintech Unit or SARB for deeper understanding and present proposals for approval
• Design and oversee the execution of project-related activities that explore the impact of technology developments on financial markets and central banks in line with the priorities of the Fintech Unit and SARB
• Lead practical explorative initiatives on innovative financial technology in support of policy development, including the identification of areas of improvement and compliance with international standards.
• Conduct research into global innovation projects to inform Fintech Unit’s… approach to innovation and potential ways for the SARB to collaborate with other central banks on practical exploration to understand the policy and regulatory implications of new technologies.
• Lead projects and activities related to fintech and supervisory technology suptech.
• Lead various forums domestic and international on new developments, research findings and insights from project-related activities.
• Support the SARB’s continuous development of expert knowledge on innovative technologies related to the work of the Fintech Unit and SARB and actively share learnings to inform policy and regulatory positions on fintech
• Actively engage with counterparts in industry and the central banking community in the region and participate in industry consultations as well as the drafting of discussion papers and standards.
• Lead the development and maintenance of policies and/or regulatory frameworks and incorporate inputs and comments from the industry and relevant regulatory authorities.
• Develop and contribute towards reports on the activities and functions of the Fintech Unit and present them to various domestic and international stakeholders.
• Lead in providing input into material drafted by international standard-setting bodies such as the Bank for International Settlements BIS, including the BIS Innovation centres, and Financial Stability Board FSB.
• Actively build relationships and collaborate with applicable South African Reserve Bank SARB stakeholders and other regulators on matters relating to the functions and responsibilities of the Fintech Unit.
• Lead with drafting content for fintech public awareness initiatives and respond to queries and surveys.
• Oversee and thought-lead workshops and conferences to create awareness of fintech-related matters in the industry.
• Guide fintech analysts on work pertaining to fintech.
Qualifications
To be considered for this position, candidates must be in possession of:
• an Honours’ degree in Economics, Finance, Technology or Law; and
• 8–10 years’ experience in financial innovation, regulation, law or economics.
Additional requirements include:
• sound knowledge of economic and financial theories;
• knowledge of the regulatory environment and understanding of public policy issues;
• sound knowledge of research methodologies;
• sound knowledge of financial technologies and their implications for the financial system
• proven facilitation and presentation skills;
• experience in leading and managing innovative technology projects;
• good conceptual and analytical skills and ability to apply creative and innovative thinking to solve complex problems
• excellent interpersonal as well as verbal and written communication skills; and
• proficient in the use of Microsoft Office products
Source: MyJobMag
——————————————————————————
Tadawul Academy (www.tadawul.academy) is the highest rated CISI training academy in the world. Over 7000 students are enrolled on our eLearning platform. Our portfolio of qualifications includes: CISI ICWIM (Int. Certificate in Wealth and Investment Management), CISI UAE Financial Rules and Regulations, CISI Risk in Financial Services, CISI IISI (Int. Introduction to Securities and Investment), CISI Corporate Finance Technical Foundations, CISI Combating Financial Crime, CISI Global Financial Compliance, etc.