Regulatory Analyst - Debt and Specialist Securities

Regulatory Analyst - Debt and Specialist Securities

Listing reference: jse_000626

Listing status: Online

Apply by: 23 April 2025

Position summary

Job category: Banking, Finance, Insurance. Stockbroking

Contract: Permanent

Remuneration: Market Related

EE position: Yes

About our company

The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To ensure that listed debt and specialist security companies and all other regulated and semi-regulated parties comply with the JSE Listings Requirements and JSE Debt Listings Requirements to enable the JSE to mitigate financial and reputational risk to the JSE as the regulator and the stock exchange.

Key Responsibilities

1. Review, analyse and interpret the information submitted and perform needed assessments to identify if the instruments that will be listed are one or more of the following: vanilla debt, convertible bonds, credit-linked notes, index-linked notes, structured notes/products, exchange traded notes, exchange traded funds, actively managed certificates, actively managed exchange traded funds, warrants, securitisations, asset-backed securities, preference shares, project bonds, sustainability securities, and potential debt or specialist securities that may come to market (e.g. crypto assets, carbon credits, etc.).
2. Assess which specific requirements or if multiple sets of requirements would be applicable when reviewing documentation and liaise internally to confirm the type/s of security being listed.
3. Subject instrument types to in-depth analysis to determine if future assets/securities/indices would be utilised in the relevant instrument type/s and identify the relevant requirements applicable to those underlying assets/securities/indices.
4. Maintain consistency in review processes to ensure compliance with the requirements in order to mitigate risks. Respond to queries timeously and attend daily catch-up meetings to present rulings, issues of non-compliance, clarity on in-principle approval requests, and complex matters.
5. Assist listed companies or sponsors with compliance issues by outlining requirements or providing suitable alternatives.
6. Ensure that the Issuer Regulation Page on the website is up to date with all continuously updating documents.
7. Utilise JSE systems, internal data, and market data to regulate companies, identify trends and issues with listed companies to ensure proactive reactions to any issues that could result in non-compliance or breach of requirements.
8. Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
9. Provide advice and guidance to prospective and existing applicant issuers by answering general queries and interpreting the listings and debt listings requirements.
10. Identify opportunities to improve on existing procedures and processes to ensure the most efficient and effective usage thereof.
11. Build and maintain effective relationships with internal and external stakeholders through continuous and clear communication.
12. Manage own delivery against agreed delivery plans and set timelines, identifying obstacles to delivery and taking appropriate action where required.
13. Implement improvements and/or innovative ideas that add value to the JSE.

Preferred Qualification

• Degree in Finance / Financial markets / Law / Accounting / Analytics

Preferred Experience

• 4 years’ experience in the debt and/or specialist securities market.
• Advising on the JSE listings requirements relating to debt and/or specialist securities preferable.

Knowledge and Skills preferred

Knowledge

• Knowledge of the basic mechanics behind the various types of debt and specialist securities.
• Knowledge of listings requirements applicable to debt and specialist securities preferable.
• Basic software applications (e.g., Outlook, Word, Excel, PowerPoint, Internet, Email).
• Knowledge on cyber security and agile methodology preferable.
• Understanding of the Protection of Personal Information Act.
• Knowledge on sustainability principles, guidelines or regulation would be advantageous.

Skills

• Establishing and maintaining collaborative relationships with peers/manager.
• Analytical and critical thinking skills (problem-solving).
• Time management and good organisation and planning.
• Good communication skills (written and verbal).
• Completing tasks under time constraints.
• Artificial Intelligence skills would be advantageous.
• Project management skills would be advantageous.