(1209) Financial Markets Specialist - FMD

Brief description

The main purpose of this position is to conduct high-quality research and analysis of domestic and international financial markets, with the objective of informing the executives of the South African Reserve Bank (SARB) about financial market developments.

Detailed description

The successful candidate will be responsible for, among other things, the following key performance areas:

• Stay abreast of financial market developments, in particular money markets, and provide accurate market information, commentary and recommendations on a regular basis. (This will require a good understanding of the SARB’s money market operations and other money market instruments.)
• Conduct high-quality quantitative and qualitative research, analysis and interpretation of the domestic and international financial markets in support of the formulation and implementation of monetary policy as well as for financial stability purposes.
• Contribute to the preparation and delivery of high-quality presentations to senior forums of the SARB, including the Monetary Policy Committee (MPC) and the Financial Stability Committee (FSC).
• Write and contribute to keynote speeches and briefing notes for the senior executives of SARB.
• Produce market reports and feedback to provide management information and market intelligence.
• Participate in internal and external committees and make presentations at meetings.
• Build and maintain relationships with stakeholders such as, but not limited to, the banking and asset management sector, for the purpose of gathering market intelligence.
• Ensure that the methodologies applied in areas of specialization comply with local and international standards and reflect best practices internationally.
• Recommend improvements in methodologies (where necessary).
• Provide secretariat services to Financial Market Department committees, which include external participants.
• Participate in and provide inputs into divisional strategy formulation sessions.
• Coordinate and collaborate with various internal departments as and when appropriate.