(Senior Specialist) in the Market Conduct Division

Industry: Finance / Job Expires: 2023-11-30 00:00:00 / Location: Gauteng

Purpose

The primary objective of this role is to promote a regulatory environment that will enable the banks to continue to provide competitive, sustainable, and customer-centric financial services and products.

Minimum Requirements

• Bachelor's degree in Legal, Business, Finance or related field.
• Minimum of 5-7 years of banking / market conduct experience.
• In-depth knowledge of South African banking market conduct legislation.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Leadership and project management skills.

Main Duties

Legislation and Regulatory Oversight:

• Enable the client to be the “Voice of the Industry” of the banking sector through formulation of positions on critical regulatory and supervisory issues.
• Working on the preparation of documents, management of information, maintenance of files, and coordination of tasks across multiple divisions.
• Proactively identify and drive initiatives affecting the banking sector frameworks.
• Staying informed on applicable legislation, industry developments and internal procedures: regular review of new and existing legislation, attendance of workshops, webinars, and training, etc.
• Drive projects efficiently and effectively by adhering to defined performance objectives.
• Chairing and facilitating of committees, sub-committees, task groups and workgroups for purposes of discussing and reaching a banking sector view.
• Attend to certain administration aspects as applicable to the job description/role, for example, drafting emails in relation to a meeting or answering queries and phone calls from stakeholders.

Meeting Facilitation:

• Facilitate workshops and meetings with stakeholders to gather input from member banks, discuss submissions / requirements from member banks.
• Create a collaborative environment to encourage effective communication and decision-making.
• Guide stakeholders through discussions, ensuring their perspectives are heard and addressed.
• Drive consensus and agree majority / minority views at banking industry level.
• Document workshop outcomes and action items /parking lot for follow-up.
• Management and resolution of parking lot items.

Stakeholder Management:

• Engage with high-profile stakeholders, including the executive board, board members, directors from other institutions, registrars, and industry leaders, as and when requested to do so by the Head.
• Building and maintaining relationships with local and global counterparts and relevant stakeholders for mutual benefits and presenting the banking sector’s views/opinions.
• Represent the company at conferences, seminars, and meetings to promote its brand locally and globally.
• Governance and Market Conduct Portfolio.
• Stay updated on market conduct regulatory requirements and legal considerations in the banking industry and finance.
• Ensure programme and project activities adhere to relevant regulations and legal frameworks.
• Collaborate with market conduct-, legal- and compliance teams to address any regulatory or legal issues.
• Provide market support to the company divisions and conduct relevant research when required.
• Attending to market conduct and regulatory aspects of transactions and projects when required as well as litigation, including the briefing and management of external lawyers and the negotiation of various agreements.

Thought Leadershi:

• Develop and implement an effective advocacy strategy to ensure that regulatory issues favour the sector.
• Collaborate and build consensus with member banks on a continuous basis to arrive at positions achieving agreed objectives.
• Strategically achieve and maintain a balance between regulatory concerns, timeously addressing concerns with regulators, technology, compliance, and costs. Create and / or enhance service offerings for the company to deliver continuous value to its members.

Organisation support:

• Participate in, create, and promote a collaborative, learning and performance-oriented culture.
• Assist the Head: Market Conduct with identified projects and outputs.
• Implement the company strategy.
• Lead and mentor junior staff.
• Collaborate with cross-functional and cross-divisional teams.
• Identify opportunities for process improvement.

Skills and Competencies

• Proven experience in Workshop Facilitation, and Market Conduct Regulation.
• Exceptional stakeholder management skills, including engaging high-profile stakeholders and managing their expectations.
• Ability to engage at executive level through to fellow colleagues.
• Excellent communication, presentation, and negotiation skills.
• Ability to either work in a team of people or on their own.
• Familiarity with market conduct practices in the financial industry, including the banking industry is required.
• Familiarity with Financial Sector Regulation Act, the Financial Advisory and Intermediary Services Act and the Conduct of Financial Institutions Bill would be advantageous.
• Experience representing organizations in committees and industry-related events.
• Experience in managing committees at various levels and ensuring that all levels of committees are engaged at the necessary level.
• Experience in representing organizations in committees and industry-related events.
• Strong understanding of regulatory and legal issues in the banking industry, finance industry, and market conduct

N.B: By responding to this advert, you consent to Haitha Staffing Group processing your personal information for recruitment purposes and confirm that any personal information has been submitted voluntarily. Applicants will be requested to fill in and sign a POPI Act Consent Form.

Only shortlisted candidates will be contacted. If you have not heard from us in 4 weeks, consider your application unsuccessful.

To apply please send your CV to Info@heitha.co.za or lethabo@heitha.co.za