About the Role
The Department of Finance is seeking a dedicated Deputy Director: Debt Issuance and Management to join their team in Pretoria. In this pivotal role, you will directly contribute to the financial stability of South Africa by managing the country’s domestic and foreign currency debt portfolio. This position plays a crucial role in ensuring that the government’s financial strategies align with national economic goals, thereby supporting the broader public service mission to maintain fiscal responsibility and transparency.
Located in the vibrant city of Pretoria, this role not only offers an opportunity to work within a dynamic team but also allows you to engage with various stakeholders, such as the U.S. Security Exchange Commission and other international financial entities. Your efforts will significantly impact the community, as effective debt management is essential for funding public services and development projects that benefit all South Africans.
About the Department
The Department of Finance is committed to promoting sound financial management, policy development, and economic growth in South Africa. With a mission to ensure sustainable public finances, it plays a vital role in the economic landscape of the country, providing oversight on fiscal policies and strategies. Working here means being part of a team that values transparency, efficiency, and community impact, making a meaningful contribution to the well-being of the nation.
What You’ll Do
- Disclose listing requirements in both domestic and offshore bond issuance.
- Initiate the annual filing process of the 18K form with international stakeholders.
- Ensure compliance with disclosure and listing requirements related to bond issuance.
- Engage with stakeholders to facilitate information exchange regarding debt processing.
- Monitor the debt portfolio to implement strategies that minimize refinancing risks and costs.
- Conduct regular market and portfolio analyses of domestic and foreign currency debt.
- Stay informed about domestic and international economic events and their implications on the South African economy.
- Analyze and advise on effective debt management policies and recommend corrective strategies.
- Perform in-depth research on market volatility and its influence on debt management.
- Provide insights for briefing notes and speeches relevant to financial markets.
What You’ll Need
- A Grade 12 certificate alongside a minimum National Diploma (NQF 6) or a Bachelor’s Degree (NQF 7) in Economics, Finance, Statistics, Investment Management, or Mathematical Sciences.
- At least 4 years of experience in financial markets, including 2 years at an Assistant Director level or similar.
- Proven knowledge and experience in quantitative research methodologies.
- Strong understanding of market analysis and its application in financial decision-making.
- Experience with various foreign interest rate markets and currencies.
- Familiarity with the money, banking, and capital markets, along with qualitative and quantitative analysis.
How to Apply
Please submit your application before the closing date as late applications will not be considered.
Requirements
A Grade 12 is required coupled with a minimum National Diploma (NQF 6)/ B.Degree (NQF 7) in Economics/ Finance/ Statistics/ Investment Management/ Mathematical Sciences.
A minimum 4 years’ experience of which 2 years should be at an Assistant director level or equivalent obtained in financial markets, with fixed income trading or financial research environment.
Knowledge and experience in quantitative research methodologies.
Knowledge and experience in market analysis related to information for utilisation in the broader business.
Knowledge and experience in dealing with various foreign interest rate markets and currencies.
Exposure to the money, banking and capital markets.
Experience in qualitative and quantitative analysis of domestic and foreign capital markets.
Job Duties
Disclose listing requirements in domestic and offshore bond issuance: Initiate the annual filing process of the 18K form with foreign stakeholders like the U.S.
Security Exchange Commission and Japan.
Adhere to disclosure and listing requirements associated with domestic and offshore bond issuance.
Engage stakeholders on general information in the sourcing and exchange of processing.
Verify information for correctness and ensure their accuracy.
Management of domestic and foreign currency debt: Monitor the debt portfolio and implement strategies in order to reduce the re-financing risk and cos.
Initiate frequent market and portfolio analysis of qualitative and quantitative domestic and foreign currency debt information.
Monitor domestic and international economic events and their impact on the South African economy and the debt portfolio.
Analyse and advise on prudent debt management policies and recommend corrective debt strategies for implementation.
Perform research on markets volatility and conduct general market research: Initiate research on capital markets pertaining to market volatility in the prudent management of debt.
Perform research on local and international markets to stay abreast of developments which may have an impact debt management issues.
Analyse and provide inputs to briefing notes and speeches.
