APPLY FOR SARB Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

 

Market Risk Analyst

Pretoria, South Africa

Be the First to Apply

Job Description

Brief description

The purpose of this position is to assess, monitor and manage market risk exposures in line with the South African Reserve Bank’s (SARB) risk tolerance.

Detailed description

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

• Analyse, assess and evaluate financial, market and business information in order to report on market risks to facilitate informed decision making on the foreign exchange, gold and other fixed-income reserve portfolios of the SARB.
• Prepare and coordinate daily, weekly, monthly, quarterly and annual risk reports and provide analysis on the market risk measures and how they impact the SARB’s investments.
• Develop and recommend strategies for market risk management of the SARB’s investment portfolios.
• Conduct research on market risk developments and make recommendations based on the findings.
• Assist in the conceptualising and building of market risk models for calculating market risks associated the SARB’s portfolios and particular trades or strategies.
• Contribute towards the formulation of market risk-related policies and ensure the implementation thereof.
• Coordinate the deliverables of team members in the context of projects and reporting.
• Participate in cross-functional activities for the alignment and harmonisation of risk- related information.
• Develop and maintain business relationships with experts in the financial markets industry.
• Create and maintain procedure manuals for operational purposes.
• Provide guidance and mentorship to analysts in the division.
• Maintaining sound relationships with all stakeholders.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• an   Honours   degree   (NQF8)   or   equivalent   in       Investment             Management,                  Risk Management, Finance, Accounting or a related field; and
• five years’ experience in market risk management and various aspects of financial.

The following will be an added advantage

• a Chartered Financial Analyst (CFA), Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification
• knowledge of Environmental Social and Governance investment processes.

Additional requirements include:

• staying abreast of local and international industry developments and best practices in market risk management related to the asset management of fixed income;
• skilled in research methods, strategy formulation, project management and in the theory of financial markets and instruments;
• excellent knowledge of fixed income instruments and derivatives traded on exchanges and over the counter;
• proven quantitative and qualitative analysis skills, bank and broker financial statement analysis skills, and financial modelling techniques;
• ability to work in a team;
• good interpersonal and conflict management skills as well as above-average analytical and conceptualisation abilities, and problem-solving skills;
• attention to detail;
• proficient in English, both written and spoken;
• good report writing and presentation skills;
• proficiency in Microsoft Office products;
• proven capacity to multitask, deliver results, and to respond quickly and effectively to requests.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Legal Counsel

Pretoria, South Africa

Be the First to Apply

Job Description

Brief description

The main purpose of this position is to provide comprehensive and effective legal support to the South African Reserve Bank (SARB) and its subsidiaries (collectively called the “SARB Group”) in the field of commercial law, ranging from information technology, professional services contracts for Proof of Concepts, to dispute resolution. The role will have a specific focus on ICT-related agreements and matters, advising on data protection and data privacy laws, providing support and engaging in close collaboration with the SARB’s Privacy Office, and rendering general legal assistance to the Procurement Division.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Negotiate, draft and vet various commercial contracts.
• Identify, address and manage potential legal risks within the SARB Group.
• Steer legal processes for internal clients on fairly complex legal challenges and disputes affecting their operations.
• Conduct research into a wide range of matters relating to commercial and procurement law.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
• Review and draft policies, procedures and guidelines for the SARB Group.
• Establish processes to enhance efficiencies within the SARB Group.
• Provide legal advice and opinions.
• Represent the LSD and SARB Group on internal committees, workgroups and/or forums.
• Build and maintain relationships with internal and external stakeholders.

Qualifications

Job requirements

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

• have an LLB degree or an equivalent appropriate legal qualification;
• be an admitted attorney, advocate or be a corporate lawyer within a reputable legal practice or within a reputable corporate; and
• have at least six to eight years of experience as a practising attorney, advocate or
• in-house legal counsel / corporate lawyer.

The following would be an added advantage:

• proven track record in leading and concluding fairly complex legal projects;
• solid knowledge of data protection and data privacy laws;
• practical experience with PAIA (Promotion of Access to Information Act), 2000; and
• good drafting and negotiation skills.

Additional requirements are as follows:

• assertiveness;
• problem-solving and analysis skills;
• communication skills (verbal and written);
• judgment and decision-making skills;
• presentation skills;
• relationship and stakeholder management;
• listening skills;
• being a self-starter; and
• driving execution.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Senior Database Support Administrator (Teradata and Oracle)

Pretoria, South Africa

Be the First to Apply

Job Description

Brief description

The main purpose of this position is to manage the performance, integrity and security of the database management systems implemented as part of the 1FinSurv Solution in the South African Reserve Bank (SARB). This includes being involved in the planning and development of databases and to troubleshoot database-related issues on behalf of the application owners.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Be responsible for the installation, configuration, maintenance and upgrading of the Teradata and Oracle database environments.
• Participate in the establishment and maintenance of database standards and procedures, in accordance with the information technology (IT) governance within the SARB’s Business Solutions and Technology Department (BSTD).
• Work independently to deliver outputs that meet the turnaround time and quality standards expected by business. (This includes the design of databases, the management of physical database structures and the resolution of database-related incidents).
• Display an ability to provide solutions and approaches to database-related problems (barring those of high complexity and risk).
• Provide management information for reporting on the quality, turnaround times and impact of database deliverables.
• Stay current with Teradata and Oracle developments and conduct research into new database technologies that would benefit or enhance the database administration function within the SARB.
• Perform database backups and restoration (as per schedule) so that all data are recoverable, even in emergency situations (disaster recovery).
• Adhere to the SARB’s IT and information security standards, processes and procedures (i.e. change management and logical access).
• Perform database capacity planning and comply with the software licence agreements.
• Attend to incidents and requests for service calls, ensuring that resolution is timeous and in line with service standards.
• Perform monthly database maintenance activities over maintenance weekends, deploying patches and applying fixes.

Qualifications

Job requirements

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

• a Bachelor’s degree in IT or Computer Science, or an equivalent qualification (NQF 7); and
• at least 8-10 years’ experience, including being progressively more responsible for database administration and related technologies. The preferred technologies are Teradata and Oracle.

Technical requirements include having experience in:

• the implementation, tuning and maintenance of Teradata and Oracle database solutions;
• the implementation of high availability (HA) and disaster recovery (DR) for database solutions; and
• Redhat OpenShift Container Platform (OCP), OpenText xECM, SharePoint, SAS and PowerBI would be advantageous.

Additional requirements include:

• problem-solving and analytical skills;
• industry, organisational and business awareness knowledge;
• IT governance, risk and compliance knowledge and skills;
• continued learning and/or professional development knowledge;
• continuous improvement knowledge and skills;
• applications support and maintenance knowledge and skills,
• System Development Life Cycle (SDLC) design, testing and development knowledge and skills;
• attention to detail; and
• technical report-writing skills.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Applications Manager – Enterprise Resource Planning Systems

Pretoria, South Africa

Be the First to Apply

Job Description

Brief description

The main purpose of this position is to manage and coordinate resources in support of operations in the Enterprise Systems Division of the Business Solutions and Technology Department (BSTD) and the delivery of solutions for the enterprise resource planning (ERP) systems, including Oracle ERP and Human Capital Management (HCM).

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Manage operational planning by developing short-term work plans in line with the BSTD strategy and business plans and communicate section activities.
• Manage and improve workflow and the application of processes, procedures and systems.
• Provide advice on refining policies, processes and systems, and improve alignment with related divisional processes and systems.
• Manage and facilitate the delivery of section-specific outputs, including the timely delivery of projects and readiness of solutions to transition into operations.
• Optimise section resource use, allocate work and manage the accountability of resources, and provide input into cost management.
• Manage stakeholder relationships to ensure the timely delivery of quality information technology (IT) solutions in accordance with business requirement specifications.
• Identify gaps and inefficiencies (including governance, management of risks and audit findings) in the work of the section and take specific actions for the implementation of improvements.
• Manage, monitor, evaluate and report on the quality, turnaround and impact of section deliverables.
• Encourage a performance culture in the section, define performance expectations and conduct effective performance management of direct reports.
• Drive priority development of employees by promoting and supporting the career management and development of direct reports.
• Drive innovation and implement necessary changes to improve application processes and systems to align with global best practices.
• Execute the IT strategy within the section.
• Drive transformation of the ERP and HCM systems through the implementation and maintenance of a secure and high availability solutions.

Qualifications

Job requirements

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

• an Honours degree in Computer Science (NQF 8) or an equivalent qualification;
• eight to 10 years’ experience in an IT environment; and
• three years’ experience in managing Oracle ERP and Oracle Fusion Cloud implementation projects as well as overseeing operations, support and maintenance initiatives.

Additional requirements include:

• technical background in an appropriate area (e.g. software development, infrastructure, integration);
• knowledge and skill in;
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continuous learning and professional development;
• business continuity planning;
• systems integration;
• systems specialisation;
• IT governance, risk and compliance;
• collaboration;
• integration testing;
• business relationship management;
• IT enablement reporting, financial management, information management and project management; and
• capacity and performance management.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Strategy Portfolio Manager

Pretoria, South Africa

Job Description

Brief description

The purpose of this position is to translate the South African Reserve Bank’s (SARB) strategic objectives into an executable portfolio and to support the business in building capacity and capability to execute the strategy.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Develop and continually improve fit-for-purpose portfolio management products and services (framework, practices, methods, tools and templates).
• Structure the portfolio aligned to the strategy to enable planning for its execution.
• Drive and facilitate demand management within the portfolio to ensure alignment to the strategy and that sufficient capacity exists to execute it.
• Drive and facilitate prioritisation within a portfolio and across portfolios to achieve portfolio balancing for effective execution.
• Drive and facilitate enterprise business capacity planning to achieve resource balancing for execution.
• Partner with key SARB departments, such as the Business Solutions and Technology Department, Internal Audit Department, Financial Services Department, Risk Management and Compliance Department and Human Resources Department, and project management offices to collaborate on the effective execution of the portfolio.
• Develop and manage relationships with key business stakeholders through the Strategy Management Office (SMO) business partnering model to enable the delivery of the portfolio management process.
• Drive and facilitate portfolio financial management and have a view of the total cost perspective, using a multi-year view for the proactive budgeting of projects ahead of each financial year.
• Use advanced analytics to understand the relationships or cause and effect within the strategy to provide insight to the business to constantly test and adapt strategy.
• Provide enterprise and business portfolio performance reporting and insight.
• Provide detailed programme and project performance reporting of strategic initiatives for the executive portfolio.
• Maintain a network with other central banks or similar industries and keep abreast of portfolio management trends.
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks as defined by the SARB.

Qualifications

Job requirements

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

• an Honours degree or an equivalent (NQF 8) qualification;
• a minimum of 8 to 10 years’ experience in project and programme management, with at least three years of solid experience in a strategic/enterprise-wide portfolio management environment; and
• relevant project/programme management certification (e.g. PRINCE2 practitioner, Agile Scrum Master, Project Management Body of Knowledge).

The following would be an added advantage:

• Portfolio Management Professional certification; and
• a Master of Business Administration (MBA) degree.

Additional requirements include:

• knowledge and skill in:
• quality assurance;
• continuous improvement;
• continued learning and/or professional development;
• strategy and portfolio management;
• strategy and communications tools/equipment usage;
• strategy reporting;
• industry, organisational and business awareness knowledge; and
• communication and stakeholder management competencies and skill.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Senior Business Analyst – Domestic Settlement Services

Pretoria, South Africa

Job Description

Job title: Senior Business Analyst 

Location: Head Office, Pretoria

Organisation name: Domestic and Regional Settlement Services

Department description: National Payment System Department

Brief description

The main purpose of this position is to lead the end-to-end business analysis services of the Domestic Settlement Services Division to identify business problems and needs, determine solutions, and enable improvements in organisational processes.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Elaborate the scope and feasibility of solutions and develop comprehensive business cases for proposed solutions to the identified business problems and needs.
• Drive business analysis initiatives or lead a team on multi-year projects of all risk levels and characterised by high levels of solution complexity.
• Develop a partnership role with business owners and interact with clients independently to define future business requirements, identify opportunities for optimisation and develop and propose solutions.
• Lead and present engagements with business customers, taking responsibility for managing relationships, and interface with customers for the business analysis and optimisation stream.
• Lead the analysis/solution life cycle for initiatives from problem identification to the management of change requirements and training.
• Take responsibility for the quality assurance of the work and outputs of other business analysts.
• Provide substantive input to support disciplines (e.g. systems development, project management, change management).
• Participate in external industry business analyst forums, contributing to developing and furthering the business analyst body of knowledge (both theoretical and applied).
• Improve and standardise work processes in the course of own work and ensure standards and methods are applied in the team.
• Support business architects in defining, analysing and developing the business architecture, reference model, framework and implementation roadmaps required to enable the strategy.
• Review business processes and procedures, analyse business needs and associated data, identify and assess possible solutions, and define the associated requirements.
• Stay abreast of changes to analytical tools and methodologies and apply these in the course of own work.
• Actively develop own expertise and support and encourage the skills development of other business analysts so as to build a strong and competent team in the division.
• Engage in multiple initiatives simultaneously, liaise with the relevant project managers on these initiatives and take on a project management role in some initiatives.
• Engage and influence stakeholders by negotiating timelines, deliverables, priorities and resources.

Qualifications

Job requirements

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

• an Honours degree in Technology or Finance;
• relevant Business Analyst certification; and
• eight years’ experience in a business analysis environment.

The following would be an added advantage:

• experience in banking, specifically in payment services or banking services back-office systems.

Additional requirements include:

• knowledge and skill in:
  • cross-border payment systems;
  • information technology (IT) governance, risk and compliance;
  • continued learning and/or professional development;
  • quality assurance;
  • continuous improvement;
  • business transformation and optimisation;
  • elicitation techniques;
  • business analysis practices, methodology and tools;
  • realisation and testing practices;
  • IT domain management;
• the ability to:
  • drive results;
  • manage complexity and ambiguity;
  • lead change;
  • plan and organise;
  • develop and grow others;
  • use judgement and decision-making skills
  • impact and influence;
  • build and maintain relationships; and
• industry, organisational and business awareness.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Server Specialist – Red Hat OpenShift

Pretoria, South Africa

Job Description

Brief description

The main purpose of this position is to plan, design, implement, configure and provide defined levels (lines) of support to all Red Hat OpenShift infrastructures, ensuring sufficient capacity and performance to meet business demand and ensure availability as per approved service standards.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Define own work plan and deliverables with guidance from the Team Lead: Servers and Storage and prioritise delivery of own outputs against the agreed work plan.
• Design, test and implement scalable, redundant, Red Hat OpenShift infrastructure solutions and related technologies according to documented business requirements and industry best practises.
• Provide first line support on deployed server Red Hat OpenShift infrastructure.
• Provide escalation (third line) support on deployed server Red Hat OpenShift infrastructure.
• Provide technical Red Hat OpenShift expertise as part of information and communications technology infrastructure projects and participate in other departmental/divisional projects in order to contribute towards business objectives.
• Identify and implement opportunities for integration, consolidation and enhancements to ensure cost-effective and optimal use of Red Hat OpenShift resources and technology.
• Research, design and evaluate alternative Red Hat OpenShift architectures and related technologies in relation to the business needs of the South African Reserve Bank (SARB) (proof of concept and technical assessments) and aligned with the Business Solutions and Technology Department’s strategy, vision and roadmap.
• Create and maintain technical Red Hat OpenShift topology diagrams (SARB Group footprint) and provide structured documentation and procedures to the Production Support Section on solution handover where relevant.
• Keep abreast of new and changing Red Hat OpenShift architectures and technologies and liaise with vendors for purposes of product and technology review, coordinating vendor presentations where relevant.
• Provide input into the development of Red Hat OpenShift-related policies and standards in accordance with corporate governance standards, including the SARB’s policies, procedures and other legislative requirements.
• Act on management requests to address or mitigate risks in the Red Hat OpenShift environment as identified by the internal or external auditors and other governance-related assessments (including sanctioned penetration tests).
• Enhance disaster/business continuity procedures and assist in exercising those procedures.

Qualifications

Job requirements

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

• a minimum of a Bachelor’s degree/Advanced Diploma (NQF 7) in Information Technology, Computer Science or an equivalent qualification; and
• at least of five to eight years of job-related experience.

Additional requirements include:

• knowledge and skill in
• industry, organisational and business awareness;
• quality assurance;
• continual improvement;
• continued learning and/or professional development;
• business continuity planning;
• information technology (IT) enablement planning;
• IT transformation and innovation;
• application support (own) and maintenance;
• infrastructure design and development;
• infrastructure support;
• network design;
• systems specialisation;
• IT governance, risk and compliance;
• service management;
• IT Red Hat OpenShift management;
• capacity and performance management;
• conceptual thinking skills;
• effective communication skills;
• flexibility;
• a drive for results;
• teamwork skills;
• service and stakeholder focus;
• judgement and decision-making skills;
• impact and influence;
• analytical and problem-solving skills; and
• resilience.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Information Life Cycle Management Specialist

Pretoria, South Africa

Job Description

Brief description

The main purpose of this position is to manage the life cycle of data assets within the South African Reserve Bank (SARB) Group, ensuring effective control and management thereof throughout the data asset life cycle.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Work closely with business in the planning, sourcing, management and control of the inventory of data assets.
• Verify that asset specifications have been comprehensively defined and authorised, thereby ensuring compliance with the SARB’s asset policies, standards and legislation.
• Manage the data asset inventory throughout the asset life cycle, including the sourcing, retention, destruction and archival of data assets.
• Classify data assets as per the SARB’s policies, business function and legislative requirements.
• Take responsibility for the valuation of data assets according to cost, usage and any other measure as prescribed by the SARB.
• Maintain and support the data asset platform, and facilitate enhancements thereon.
• Develop and manage stakeholder relations to promote information life cycle awareness across the organisation.
• Manage the receipt and incorporation of data assets into the SARB asset register, ensuring that all data assets are recorded.
• Monitor and assess the utilisation of data assets within the SARB, and make recommendations regarding compliance and improved utilisation of assets.
• Conduct an annual inventory audit to ensure accuracy.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in Information Management or an equivalent qualification; and
• at least 5–8 years of experience in the field of information management.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• continuous learning and/or professional development;
• continuous improvement;
• quality assurance;
• interpretation of the business environment and industry, and its implications for enterprise information management (EIM);
• contract and associated service management;
• assets and inventory;
• EIM enablement reporting; and
• capacity and performance management.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Program Director – Prudential Authority

Pretoria, South Africa

Job Description

Brief description

The main purpose of this position is to take accountability for delivering the strategic business case and ensure that the business achieves its outputs across both the business and information technology (IT) value chains in the Prudential Authority.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Develop, update, maintain and oversee the strategic business case for the transformation programme.
• Design and implement the programme’s structure and delivery capability.
• Deliver a new organisation with enhanced capabilities to use the new solutions.
• Design, implement and lead the programme governance structure, ensuring appropriate executive-level reporting.
• Lead the selection of the fit-for-purpose IT platforms and oversee their procurement and implementation.
• Define and implement resource and structural requirements to operate and maintain the new solution, including workforce transition planning for business and IT.
• Draft, negotiate and agree on the statements of work, duration and financial arrangements with all strategic development partners.
• Develop and maintain strategic partnerships with technology partners and take accountability for delivering commercially contracted outcomes.
• Direct the establishment of stakeholder and change management strategies and plans, both internal and external, and oversee their implementation.
• Take accountability for identifying, mitigating and managing all risks related to the delivery of the business outcomes.
• Direct and lead the team in adhering to all programme, project, technical and process methodologies as defined by the SARB and recommend new technical standards for adoption.
• Advise executives on strategies to future-proof the organisation from information, process, people and technology perspectives.
• Manage interdependencies with other transformational programmes across the SARB and recommend resolutions for conflicts.

Qualifications

Job requirements

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

• an Honours degree in Business Management, IT or an equivalent qualification;
• a minimum of 10 to 12 years’ experience in managing programmes and business change within an organisation, of which 3 to 5 years were in complex business transformational change; and
• at least 5 years’ experience in managing teams.

The following would be an added advantage:

• a Masters degree in Business Management, IT or an equivalent qualification; and
• knowledge of Prudential Authority Regulation and Supervision – legislation, information, reporting, processes, systems and solutions.

Additional requirements include:

• technical background in one or more appropriate areas (e.g. software development, architecture, infrastructure and/or integration);
• programme and change management methodologies including Agile, Waterfall, Prosci, and so forth; and
• competence in:
• thought leadership;
• resilience;
• leading change;
• driving results;
• promoting teamwork;
• developing and growing others;
• service and stakeholder focus;
• effective communication;
• building and maintaining strategic relationships;
• impact and influence;
• interpersonal sensitivity;
• analysing and problem-solving;
• planning and organising;
• judgement and decision-making;
• strategic thinking;
• conceptual thinking;
• manages complexity and ambiguity; and
• business acumen.

 

Operational Risk Analyst X2

Pretoria, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to manage and mitigate risk and compliance within the domestic and/or regional settlement systems.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Proactively discover, measure and respond to new or emerging risks that may be caused by changes to the payment ecosystem.
• Develop and implement policies, procedures, frameworks and standards specific to Domestic and Regional Settlement Services’ (DRSS) risk and compliance management.
• Design, monitor and maintain the DRSS control systems to deal with violations of legal rules, regulatory requirements and internal DRSS policies.
• Collaborate and coordinate with the National Payment System Department’s Risk and Compliance Unit, the Risk Management and Compliance Department and industry structures (e.g. the Operational Risk Subcommittee and Cyber Resilience Subcommittee) to manage risks within DRSS and to enable reporting to the governance structures of the South African Reserve Bank (SARB).
• Conduct assessments (e.g. operational risk assessments and cybersecurity), collect and analyse documentation, statistics and reports, and research/market trends impacting the settlement environment.
• Coordinate the DRSS strategic risks input into the department’s strategic risk register.
• Create and maintain business continuity plans (including simulation exercises) to limit risks affecting the DRSS.
• Facilitate the DRSS’s remediation or closure of findings emanating from internal audits, external audits and/or any other internal/external assessment reviews, and periodically monitor and report on the status thereof.
• Log risk incidents relating to the DRSS as per the SARB’s Incident Management Framework and monitor and report on risk action plans relating to these risk incidents.
• Build risk awareness amongst the DRSS personnel by providing support and training.
• Provide support to the scheme management function in managing risk and compliance.
• Build and maintain sound professional relationships with stakeholders through effective collaboration and teamwork.

Qualifications

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

• a minimum of a Bachelor’s degree in Accounting, Internal Audit or Risk Management; and
• five to eight years’ experience in a risk management, internal controls and compliance environment with at least three years’ experience in the financial sector industry.

The following would be an added advantage:

• experience in cybersecurity and business continuity management; and
• relevant certifications (i.e. Risk Management, Certified Internal Auditor and/or Certified Information Systems Auditor).

Additional requirements include:

• knowledge of the national payment system;
• an in-depth understanding of cross-border payment systems;
• sound knowledge of recognised risk management frameworks, processes, standards and practices;
• proven facilitation and presentation skills;
• excellent interpersonal and verbal and written communication skills
• proficiency in the Microsoft Office suite (Word, Excel and PowerPoint);
• proven scribing and minute-taking skills; and
• the ability to function independently (self-starter).

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Manager – Integration

Pretoria, South Africa

Job Description

Brief description

The main purpose of this position is to provide leadership within the Enterprise Integration (EI) Centre of Excellence (CoE) by planning and delivering well-structured, tested and maintainable systems based on a good understanding of enterprise application integration and through the effective use of integration specialists, developers and support staff in alignment with departmental goals and organisational strategic focus areas.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Provide leadership with regard to EI within the South African Reserve Bank (SARB) and provide input into the development of policies, processes and standards.
• Manage the delivery of work objectives, including:
  • managing requests for EI development and prioritising work based on business needs and available resources;
  • defining and operationalising quality assurance and unit testing procedures to ensure high-quality solutions;
  • leading and overseeing ongoing maintenance and supporting for the EI platform;
  • monitoring the business use and performance of the EI platforms and other integration components, and providing feedback to business support areas, database administrators and infrastructure engineers;
  • providing leadership in an effort to ensure consistency and integrity within the EI environments;
  • managing EI improvement and growth initiatives, estimating EI work efforts and durations, and overseeing design, construction, testing and the implementation of EI programmes, processes and cycles for large and complex projects, which include translating business needs into EI solutions;
  • representing EI on technology standards and architectural design committees;
  • interacting with vendors on the selection, implementation, configuration and maintenance of EI-related software and recommending and implementing programmes to address cost reduction and/or improve productivity; and
  • managing the design and implementation of redundant systems within the EI environments, including policies and procedures for disaster recovery to ensure the effective availability, protection and integrity of EI assets.
• Work in accordance with information technology governance standards and processes, including the SARB’s policies, procedures and other legislative requirements.
• Manage the performance and development of the EI CoE team members and ensure training and mentoring of technical staff where necessary based on best practices, where appropriate.

Qualifications

Job requirements

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

• an Honours degree (NQF 8) in Information and Communications Technology (ICT), Engineering or an equivalent qualification; and
• eight to 10 years’ experience in a large-scale EI environment or an equivalent ICT environment, with at least three years’ experience in a management or supervisory role.

Additional requirements include:

• industry, organisational and business awareness;
• verbal and written communications skills;
• knowledge and skill in:
• verbal and written communication;
• problem-solving and analysis;
• automated testing tools;
• contract negotiation and execution;
• managing the implementation of new technologies;
• managing ongoing relationships; and
• managing change.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Manager – Banking Supervision

Pretoria, South Africa

Job Description

Brief description

The main purpose of this position is to manage the delivery by a team of analysts, contributing to the effective and efficient supervision of a portfolio of banks.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Provide strategic direction to a team of analysts in the ongoing supervisory oversight of allocated financial entities, including the operational alignment of supervisory programmes and targets.
• Provide leadership within the Banking, Insurance and Financial Market Infrastructure Supervision Department of the Prudential Authority (PA) and support the relevant divisional head(s) in achieving the overall departmental objectives.
• Provide technical assistance and guidance to a team of analysts.
• Manage the team’s deliverables, including work plans, resource allocation and management, processes and systems, and change and innovation.
• Manage the team’s performance.
• Manage talent, including the learning and development of team members as well as succession planning.
• Contribute to the team’s compliance with the governance, risk management and information management policies and procedures relevant to the PA and the South African Reserve Bank.
• Contribute to special projects within the PA.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Economics, Risk Management, Accounting, Banking, Finance or any other relevant qualification at that level;
• at least eight years’ experience in the financial services or financial regulatory industry; and
• at least two years of proven experience in managing a team.

The following would be an advantage:

• Chartered Accountant (South Africa) certification; and/or
• Associate General Accountant (South Africa) certification.

Additional requirements include:

• an understanding of the Basel Core Principles for Banking Supervision;
• working knowledge of the various pieces of legislation and related supervisory frameworks applicable to financial institutions registered in South Africa and related entities;
• an understanding of the key issues and risks facing financial institutions registered in South Africa and related entities;
• knowledge and understanding of good corporate governance;
• knowledge of, and experience in, the financial system, financial products as well as risk models and systems;
• being fully conversant with the Basel framework at both a theoretical and a practical level;
• knowledge of relevant risk management practices and standards;
• thought leadership;
• problem-solving and analytical skills;
• financial and business acumen;
• people management skills; and
• the ability to influence, build and maintain relationships.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Risk Analyst (Climate Change and Scenario Analysis)

Pretoria, South Africa

Trending

Job Description

• Develop and maintain climate change risk management and scenario analysis frameworks, methodologies, processes, systems and related policies.
• Scan the environment and identify, analyse and assess the physical, transition and liability risks related to climate change (e.g. extreme weather events, regulatory changes and carbon pricing), including emerging risks, to support the SARB’s risk management functions.
• Develop and mature scenario analysis techniques to evaluate the impact of climate-related risks on business operations and assets (i.e. facilities, personnel and resources).
• Collaborate with various departments, including those that play a role in sustainability, finance and strategy, to ensure the SARB is prepared to mitigate and manage physical and transition climate risks effectively.
• Conduct quantitative and qualitative analyses of climate-related risks affecting the SARB.
• Develop and apply climate models to assess inherent and residual risk exposure and impact on business operations.
• Analyse and understand the business environment to support and guide the identification of risks and opportunities.
• Support and quality review work done by spokes for climate risk assessments in departments.
• Report on emerging and climate-related risks to the SARB Group.
• Consolidate, maintain and report on the centralised risk incidents database for the SARB Group.
• Identify and coordinate departmental climate risk management training needs and conduct related training.
• Embed and promote a positive and proactive climate risk management culture across the SARB group.
• Research and benchmark leading climate risk management processes and developments and propose improvements accordingly.

Qualifications

• a minimum of a Bachelor’s degree in Environmental Science, Climate Science or any other relevant NQF 7 degree or equivalent; and
• five to seven years’ experience in risk analysis, climate risk management, scenario analysis and sustainability strategy.

The following would be an added advantage:

• an Honours degree (NQF 8).

Additional requirements include:

• a strong understanding of climate science, environmental policy and climate-related risks;
• proficiency in scenario analysis, risk modelling and data analysis tools (e.g. artificial intelligence and MATLAB);
• familiarity with climate risk reporting frameworks (e.g. International Sustainability Standards Board and Network for Greening the Financial System);
• experience in managing complex datasets;
• familiarity with carbon accounting and emissions reporting;
• knowledge of regulatory developments related to climate risk management;
• quality assurance knowledge and skill;
• risk management principles, tools, methodologies, frameworks, policies and processes knowledge and skill; and
• risk mitigation and management knowledge and skill.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Manager: Information and Analysis Centre

Pretoria, South Africa

Job Description

Brief description

The main purpose of this position is to manage the provision of a security risk intelligence, research and analysis capability in order to satisfy the South African Reserve Bank (SARB) Group stakeholder requirements for proactive information to support security decision-making.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Coordinate the provision of an open-source collection capability, ensuring that all relevant publicly available electronic and paper records are accessed and utilised.
• Coordinate the provision of an internal analysis capability to ensure that all relevant internal records and databases are accessed and utilised in support of the section’s capability.
• Provide for and manage external and/or outsourced resources to satisfy any remaining information requirements.
• Ensure that structured and integrated reporting occurs through valid, verified, assessed and correctly documented products (i.e. documents and presentations) in order to satisfy stakeholder requirements.
• Provide and sell conclusions/recommendations based on the results of the section’s business processes to stakeholders.
• Ensure that stakeholder requirements are identified proactively to ensure that section activities are directed in a cost-effective and efficient manner.
• Lead and participate in internal and external stakeholder engagements, displaying the ability to deliver a coherent and convincing message and maintain strong relationships.
• Manage the performance and development of team members.
• Compile and manage the sectional budget to ensure the provision of services (i.e. operations and consultants).
• Drive innovation in research, analysis and reporting.

Qualifications

Job requirements

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

• an Honours degree in Political Science, Strategy and/or International Relations or an equivalent/related NQF 8 qualification;
• eight to 10 years’ experience in an intelligence analysis role, with at least two to three years’ experience in the management of an intelligence or analytical function;
• completed advanced intelligence training, including specialisation in intelligence analysis, open-source collection management and production management; and
• demonstrated expertise in open-source collection, research and innovative intelligence reporting.

Additional requirements include:

• attention to detail;
• problem-solving and analytical skills;
• verbal and written communication skills;
• planning and organisational skills;
• the ability to manage work;
• conflict handling skills;
• interpersonal skills;
• strategic and conceptual thinking skills; and
• logical and structured thinking skills.

 

Insurance Analyst

South Africa

Trending

Job Description

Brief description                                                                                                                 

The main purpose of this position is to perform prudential oversight over registered insurance companies on a solo and group level through a combination of on- and off-site monitoring and supervision to ensure the financial soundness and sound governance of these insurance entities.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Supervise insurers and insurance groups within the portfolio through a combination of on- and off-site supervisory tools, focusing on both quantitative and qualitative financial and non-financial information, to identify and assess risks and then propose mitigating actions.
• Provide input into the development and implementation of a prudential risk-based supervisory plan for each insurer and insurance group within the portfolio.
• Provide input and assistance into the development and implementation of the regulatory framework.
• Analyse quantitative and qualitative data through the statutory submissions received from insurers and insurance groups.
• Assist with, and provide input into, the co-ordination and implementation of interventions for problematic insurers and/or insurance groups, as per the supervisory ladder of intervention.
• Maintain databases and records of all relevant information on the insurers and insurance groups within the portfolio.
• Liaise and collaborate with other relevant departments within the Prudential Authority (PA) and the South African Reserve Bank (SARB).
• Assist with, and provide input into, the development of public documents relating to insurance supervision.
• Liaise with the industry, other regulators (local and international) and relevant financial institutions.
• Process the notifications and applications of a financial and non-financial nature.
• Promote efficient, fair and sustainable insurance markets as well as policyholder protection.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Accounting, Banking, Economics, Finance, Insurance or Risk Management, or a relevant equivalent qualification; and
• at least 5–8 years of relevant working experience in a regulatory environment or the financial sector.

Additional requirements include:

• problem-solving and analytical skills;
• financial and business acumen;
• attention to detail;
• excellent verbal and written communication skills;
• time management;
• confidentiality;
• influence;
• building and maintaining relationships;
• knowledge of the financial sector, specifically of the insurance industry;
• knowledge of corporate governance as well as risk management practices and standards; and
• knowledge of the International Association of Insurance Supervisors (IAIS) principles and standards as well as other relevant legislation.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

 

Manager: Programme Management Office

Pretoria, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to manage the Corporate Services Department’s (CSD) Programme Management Office (PMO), ensuring a consistent and professional approach to construction projects and programmes within the South African Reserve Bank (SARB).

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Lead the PMO, ensuring effective resource planning and management in order to maintain appropriate levels of professionalism in the delivery of construction projects and programmes.
• Establish and maintain the project management strategies and methodology (including terms of reference and framework) based on best practice, thereby ensuring continuous improvement.
• Define and embed project controls, governance and reporting thereof.
• Provide process guidance for programmes and projects and facilitate governance structures.
• Act as the custodian of corporate real estate project management, serving as the central point of contact for project governance, documentation, information and stakeholder management.
• Fulfil the line management function pertaining to development and performance of the PMO team.
• Track the progress of projects according to the prioritisation plan, management of information, financial reporting and resource planning.
• Ensure successful implementation of the PMO’s strategy, responsibilities, services and deliverables.
• Oversee the development of governance frameworks and standards for the PMO.
• Oversee project costs and ensure finances are well managed.
• Oversee financial reporting while ensuring that the programme and projects adhere to the corporate financial processes.
• Oversee the management of cross-programme dependencies.
• Perform a quality assurance role in line with defined PMO processes.
• Oversee project closure and ensure that lessons learned are logged.
• Manage the performance and development of the team.

Qualifications

Job requirements 

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

• a Bachelor degree (NQF7) in the Built Environment, Construction Project Management, Quantity Surveying or an equivalent qualification; and
• 8‒10 years of experience in project management environment, of which at least 5 years in managing a PMO

Additional requirements include:

• project and programme management;
• contract management;
• project legislation and governance, risk and compliance;
• project benefits realisation;
• project risk management;
• project information management;
• project reporting; and
• project financial management.

 

Service Assistant – Cape Town

Cape Town, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to clean designated facility areas as well as to ensure a hygienic environment for employees and visitors of the Cape Town Cash Centre of the South African Reserve Bank (SARB).

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Plan and perform tasks against work plans as defined by the team leader.
• Clean offices, boardrooms, the dining area, the plant room, ablution facilities and parking areas.
• Load and offload consignments.

Qualifications

Job requirements

To be considered for this position, candidates must have:

a minimum of a Grade 12 or an equivalent qualification.

The following would be an added advantage:

• some experience in a service-related environment.

 

Project Manager – Security

Cape Town, South Africa

Job Description

Brief description

The main purpose of this position is to manage physical security and information technology (IT) projects and initiatives in the Group Security Management Department (GSMD) at the South African Reserve Bank (SARB). This involves leading, planning, organising and controlling resources according to the approved project management methodology, ensuring that the project scope and objectives are met as per specifications and within the set timeline and budget.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Define the project scope/brief and work breakdown structure (WBS) in collaboration with key stakeholders to ensure a common understanding of the deliverables and approach.
• Create comprehensive project management plans that include scope, quality, risks, time, cost, human resources, procurement, integration and communication, and ensure that these are regularly updated and maintained.
• Ensure all project documentation, deliverables and reports are produced, approved and maintained timeously, including close-out documents.
• Identify and manage project risks, constraints and changes, ensuring the project plan is managed and approved.
• Establish and manage relationships with all stakeholders, role players and service providers to ensure commitment to a common goal.
• Build and effectively manage a multi-disciplinary project team throughout the project life cycle, clearly defining the roles and responsibilities of team members to deliver project outputs.
• Direct and coordinate project resources to ensure the project progresses according to the approved schedule, producing the expected deliverables within budget and according to specification and quality standards.
• Coordinate and facilitate initiatives that are not full projects in nature across GSMD ‒ these include managing the quality of information, monitoring progress and reporting to different departmental structures.
• Manage complex reporting lines into broader construction project portfolios and multiple business areas.

Qualifications

Job requirements

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

• a Bachelor’s degree in Engineering and/or Information and Communication Technology (ICT) or an equivalent NQF 7 qualification;
• a Project Management Professional (PMP) Certification;
• five to eight years’ experience in managing complex projects within an operational technology/physical security systems and information technology environment (preferably Genetec);
• sound knowledge of project management legislation, project cost management, governance, risk and compliance, occupational health and safety, quality assurance, and contract and service management; and
• experience in the use of Microsoft Office (MS) software packages, such as Microsoft Project, Word, PowerPoint and Excel.

Additional requirements include:

• on;
• promoting teamwork;
• planning and organising;
• conceptual thinking;
• effective communication;
• drive for results;
• service and stakeholder focus;
• judgement and decision-making;
• impact and influence;
• analysis and problem-solving;
• resilience; and
• managing complexity and ambiguity.

 

Lead Policy Analyst

Pretoria, South Africa

Job Description

Brief description                                                                                                                 

The main purpose of this position is to conduct financial sector prudential policy-related research and analysis in order to monitor and influence the policy positions of international financial sector standard-setting bodies as well as local policy matters set by National Treasury and the legislator. Deliverables will include drafting prudential policy papers, policy positions and regulatory instruments. The role includes engaging with National Treasury, the South African Reserve Bank (SARB), financial sector regulators, industry and other stakeholders in support of South Africa’s stance on policy and regulatory matters, with a specific focus on insurance.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Participate in formulating and implementing the Prudential Authority’s (PA) strategic objectives.
• Monitor global prudential policy implementation frameworks and their impact on local regulatory frameworks for highly specialised fields across the financial sector, with a specific focus on insurance.
• Analyse the relevance/appropriateness of international standards for the South African financial sector and highly specialised fields in banking, insurance and financial market infrastructures, with a specific focus on insurance.
• Adopt international standards and adapt them to South African requirements so they are both purpose-specific to South Africa and compliant with international criteria.
• Develop and refine regulatory frameworks, instruments and all related work in terms of the Financial Sector Regulation Act 9 of 2017 (FSR Act), with a specific focus on insurance.
• Design and implement cooperation and collaboration mechanisms with the SARB for the purposes of financial stability.
• Contribute to the drafting of the regulatory strategy in order for the PA to fulfil its functions and objectives stipulated in the FSR Act.
• Represent the PA in Parliament and other forums on policy matters and legislation.
• Be a custodian of the PA policy process and related governance processes.
• Lead the completion of international surveys as requested.
• Brief PA divisional heads, heads of department, the PA Chief Executive Officer (CEO), the Prudential Committee (i.e. the Governor and deputy governors) and other relevant governance structures on policy positions on specialised topics.
• Represent the PA at various public forums (e.g. by providing training, giving lectures and making presentations at conferences).
• Influence international standard-setting bodies and possibly represent the PA at such forums.
• Lead and ensure the PA ‘house view’ in collaboration with the SARB and other regulators.
• Conduct and coordinate ad hoc research on topics related to prudential regulation.
• Draft speeches for the CEO, Governor and deputy governors on specialist topics.
• Prepare briefings on specialist topics for the CEO, Governor and deputy governors as well as heads of department to represent the PA/SARB view locally and internationally.
• Take ownership and responsibility for the implementation of microprudential matters within the PA’s mandate and in support of the SARB’s financial stability mandate.

Qualifications

Job requirements

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

• a postgraduate degree (NQF 9) in Law (preferable), Finance, Accounting, Insurance/Banking or Economics; and
• 12 years’ experience in the insurance sector, broader financial sector or regulation within the financial sector.

Additional requirements include:

• knowledge of:
  • the financial sector, specifically the insurance industry;
  • corporate governance and risk management practices and standards;
  • insurance core principles;
  • Solvency II or solvency assessment and management;
• skill in:
• problem-solving and analysis;
• planning and organisation;
• verbal and written communication;
• giving strong presentations;
• the ability to:
• be a team player;
• take initiative;
• pay attention to detail;
• uphold confidentiality; and
• financial and business acumen.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.

 

Manager: Strategic Sourcing

Pretoria, South Africa

Trending

Job Description

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Develop and manage the implementation of the strategic sourcing strategy of the SARB.
• Ensure governance and compliance with the procurement policies and guidelines of the SARB.
• Develop sectional operational plans aligned to the Financial Services Department and the SARB, and clarify performance expectations for own team.
• Drive the implementation of the sourcing and category management strategies.
• Provide strategic guidance to category leads on selected sourcing mechanisms.
• Calculate and analyse the costs of procurement, and suggest methods to synergise supply opportunities to decrease expenditure and add value to the SARB.
• Research and identify reliable and trustworthy suppliers, and strategise and negotiate with them in order to acquire the most cost-effective deals and to reduce procurement expenses.
• Manage the stakeholders within the supply chain to derive maximum economic benefit and continuity of supply to the SARB.
• Manage and oversee the identification of opportunities for strategic sourcing within the SARB Group, including the identification of strategic partners, and employ negotiation strategies to secure profitable deals.
• Analyse and integrate sectional management information for reporting to top management and other relevant stakeholders.
• Collaborate and liaise with the operations and governance sections to optimise the procurement and governance process in order to attain maximum efficiency.

Qualifications

Job requirements

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

• the minimum of an Honours degree (NQF 8) in Commerce or Supply Chain Management, or an equivalent qualification; and
• the minimum of 8–10 years of experience in a strategic sourcing environment, of which at least 2–3 years should have been in a management capacity.

The following would be an added advantage:

• a Chartered Institute of Purchasing and Supply (CIPS) certification.

Additional requirements include:

• knowledge and skills in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and/or professional development;
• the procurement reporting process and metrics;
• procurement markets;
• strategic sourcing;
• category management;
• contract management;
• tendering;
• analytical and problem-solving skills;
• judgement and decision-making skills;
• negotiation skills;
• conceptual and critical thinking;
• a drive for results;
• developing and growing others;
• promoting teamwork;
• effective communication;
• planning and organising;
• a service and stakeholder focus;
• impact and influence; and
• internal and external stakeholder engagement.

 

Reward Analyst

Pretoria, South Africa

Trending

Job Description

Brief description

To provide expert compensation and benefits consultative service within the South African Reserve Bank (the Bank) and provide fit-for-purpose solutions in respect of reward and analytics aligned to the Bank’s strategy.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• To support the Bank through the HRBPs in the development of fit for purpose solutions, policies, procedures and processes related to the Compensation and Benefits function.
• To implement the total reward strategy in support of the SARB’s recruitment, retention and performance management strategies.
• To provide analytical consultation services regarding compensation and benefits programmes in line with legislative requirements, organisational goals and compensation philosophy of the SARB.
• To benchmark compensation and benefit best practices, research, analyse and conduct salary and benefits surveys to ensure competitiveness in the attraction and retention of talent.
• To establish and manage relationships with key internal/ external stakeholders and service providers in order to ensure the provision of fit-for-purpose compensation and benefit solutions within the Bank.
• To facilitate job evaluation sessions to determine weights/evaluation of jobs for job grading, compensation, job design and/or organisation design.
• To provide management reports for effective decision making by relevant stakeholders and senior leadership.
• To participate in recognition agreements with the local union on reward issues when required.
• To prepare, execute, monitor and report on the departmental operational budgets to allow for efficient financial management within HRD.

Qualifications

To be considered for this position, candidates must have:

• A minimum of a Bachelor’s in human resources/commerce or equivalent.
• Remuneration qualification or GRP certification.
• A minimum of 5 to 8 years of experience in a compensation and benefits environment.

Additional requirements include:

• Industry, organisational and business awareness Knowledge and Skill
• Quality assurance Knowledge and Skill
• Reward and recognition Knowledge and Skill
• Continuous improvement Knowledge and Skill
• HR information management Knowledge and Skill
• HR reporting Knowledge and Skill
• Drive for results
• Effective communication
• Impact and influence
• Building and maintaining relationships
• Analysing & problem solving
• Planning & organising
• Judgement & decision making
• Conceptual thinking
• Innovation and creativity

 

Associate Investigator: Contractor

Pretoria, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to investigate basic, intermediate and complex matters involving alleged contraventions of the Exchange Control Regulations (Regulations) and specifically to proactively identify illegal Money and Value Transfer Services (MVTS) and operators with a view to recoup capital exported from South Africa in contravention of the Regulations and enforce anti-money laundering legislation under limited supervision of a more senior investigator.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Proactively identify illegal MVTS operators in the current exchange control environment by finding alternative ways of identifying such operators through, among other measures, researching local and foreign jurisdictions.
• Investigate, with limited supervision, basic, intermediate and complex matters involving alleged contraventions of the Regulations.
• Recoup/recover/regularise capital lost as a result of alleged contraventions of the Regulations.
• Administer the collection, preservation and distribution of money and/or goods seized in terms of the provisions of the Regulations.
• Conduct and/or facilitate research relevant to investigations and/or requests for information from internal and external stakeholders, submit reports on findings and make recommendations to a signing officer/manager on the contraventions committed by such individuals/entities.
• Assist, under supervision, legal practitioners and law enforcement agencies with investigations and litigation.
• Engage internal and external stakeholders by providing clear and timely assistance and support, listening to and accommodating stakeholder needs.
• Stay current with developments, policies, procedures and legislation as well as apply any relevant changes to own work.
• Record all relevant information and correspondence regarding allocated investigations and provide investigative administrative support when required.
• Collate, report and link data on all matters identified (i.e. matters under investigation and/or sanctioned).
• Provide accurate reporting to all levels within the South African Reserve Bank (SARB) and external stakeholders.
• Participate in meetings and provide written reports linked to the above processes.

Qualifications

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

• a minimum of a Bachelor’s degree in Law, Commerce, or Forensics (in the accounting or financial fields); or an equivalent qualification at NQF-level 7;
• a minimum of two to five years’ experience in financial or related investigations in the banking, financial sector and/or law enforcement environment; and
• knowledge of and experience in the application of the Currency and Exchanges Act 9 of 1933, the Regulations, Currency and Exchanges Manuals and other relevant legislation.

Additional requirements include:

• building and managing relationships;
• resilience and perseverance;
• good verbal and written communication skills;
• good analytical and judgement skills;
• knowledge and skill in:
• investigations report writing;
• analysis and problem-solving;
• sound judgement and decision making; and
• planning and organising;
• advanced skill level in Microsoft Excel and Word;
• ability to work under pressure; and
• a valid driver’s license and the ability to travel from time to time to perform duties away from the SARB Head Office.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.
 

Financial Markets Specialist

Pretoria, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to conduct foreign exchange transactions on behalf of the South African Reserve Bank’s (SARB) as well as providing analysis and interpretation of developments in the foreign exchange (FX) markets. Furthermore, this role also entails monitoring of FX markets and gathering of market information and market intelligence which serve as inputs towards various internal publications and presentations for Monetary Policy Committee (MPC) and the Financial Stability Committee (FSC) meetings.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Conduct foreign exchange trading operations, which include execution of FX transactions (spot, forwards and FX swaps).
• Quoting exchange rates for the Bank’s clients.
• Managing the working capital of the Bank, which involves investing FX funds in international money markets (cash management).
• Provides oversight and supervise the transactions of junior Financial Market Specialist.
• Provide analysis and interpretation of developments in FX markets.
• Monitoring of FX markets (on the desk) for purpose of gathering of market information and market intelligence.
• Reporting and presenting on FX markets developments in Departmental forums and other Departments in the Bank.
• Co-ordinates, consolidates and finalize regular market analysis reports.
• Make proposals towards the improvement of workflow and the application of processes or standard operating procedures and systems.
• Prepare periodic reports to enable managers/senior managers to provide oversight function on the deliverables of the South African Foreign Exchange Committee (SAFXC) and Global Foreign Exchange Committee (GFXC).
• Contribute to designing and reviewing of internal controls and, operating procedures as well as implementing governance frameworks that relate to Codes of conduct in the FX market.
• Contribute to the development and execution of strategic initiatives of the unit and the Financial Markets Department (FMD), including through involvement in strategic projects.
• Collaborate with other specialists within the SARB (business analysts, data management specialists and IT specialist) to enable the design and implementation of IT infrastructure for the FX operations business.
• Build and maintain relationships with stakeholders such as, but not limited to, local analysts, fund managers, strategists, and dealers for the gathering of market intelligence.
• Perform ad hoc tasks as required.

Qualifications

Job requirements

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

• an Honours degree (NQF8) in Economics or Finance or an equivalent combination of qualifications in the required field and job-related experience; and
• at least five to eight years’ work experience in specialist role in the financial markets and market analysis environment.
• ACI Dealing Certificate.

The following will be an added advantage:

• a Chartered Financial Analyst (CFA) qualification; and
• Sound knowledge of financial market regulations.

Additional requirements include:

• verbal and written communication skills;
• research methodology skills;
• planning and organising skills;
• decision-making skills;
• interpersonal skills;
• presentation skills;
• being a team player;
• knowledge of financial mathematics;
• proficiency in the Microsoft (MS) Office suite, with a thorough knowledge of MS Excel; and
• Knowledge of Bloomberg and Reuters.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Click here to apply

 

We wish you all the best with your applications