The main purpose of this position is to lead the alignment and maintenance of the Prudential Authority’s (PA) supervisory framework and associated guidelines against international best practice and standards as well as to ensure consistency in the application thereof.

Detailed description

• The successful candidate will be responsible for the following key performance areas:
• Lead the team in scanning the international and national environment to keep abreast of changes which may impact the PA’s supervisory framework.
• Lead the interpretation of changes to the supervisory framework and present changes for consultation purposes to frontline and technical support teams.
• Coordinate and integrate framework updates, providing a consolidated, integrated, and cross-functional view through well-articulated reports.
• Manage the maintenance of the PA’s supervisory framework and associated guidelines.
• Manage the quality assurance reviews to assess consistency in the application of the framework.
• Take responsibility for senior level engagement and present quality assurance findings and recommendations to management and the Prudential Committee.
• Review the work of team and provide integrated management reports to support the decision making.
• Lead and/or participate within relevant working groups relating to PA strategic projects, initiatives, and engagements.
• Build and maintain stakeholder relationships, displaying the ability to lead engagements with relevant external and internal stakeholders.
• Manage the performance and development of the team.
• Guide the refinement and continuous improvement of sectional processes.

Job requirements

To be considered for this position, candidates must be in possession of:

• A minimum of an Honours degree in the fields of Compliance, Law or Commerce, or an equivalent qualification.
• A minimum of 8–10 years’ experience in policy or framework development within a regulated environment, internal auditing, risk and compliance management and quality assurance of which a minimum of 3 years in leading teams.
• Experience within the financial sector will be an advantage.

Additional requirements include:

• Having knowledge of and skills in:
• Industry, organisational and business awareness.
• Quality assurance.
• Continuous improvement.
• Continued learning and/or professional development.
• Business continuity planning.
• Administration strategy.
• Administration planning. Legislation, governance, risk and compliance.
• Administration service deliver.
• Administration information management. Administration data capture.
• Administration reporting.
• Data analysis and reporting.