South African Reserve Bank Jobs

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

Lead Enterprise Architect

Job Description

Brief description

The Lead Enterprise Architect ensures that the South African Reserve Bank’s (SARB) information technology (IT) strategy is aligned with its business strategy and enables the business goals.

The purpose of this role is to lead and enable business and IT leaders to make technology investment decisions, the optimisation of the technology estate and future thinking about technology choices that balance and prioritise the current operational demands, disruptions and opportunities with a longer-term strategic vision of the SARB.

Detailed description

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

• Provide technology guidance, road maps, principles, standards and best practice that support the strategic goals of the SARB, ensure business and IT alignment, and guide Solution Architects, Enterprise Architects and Domain Architects.
• Manage senior client relationships with business customers and committees in respect of architecture and optimisation.
• Analyse how the strategy of a department impacts on the business from the top to the bottom and the implications thereof.
• Define what is required to optimise the strategy across the different domains (data, applications, technology, business, solution) and the resultant solution.
• Plan and monitor the development of solutions for the client department, and advise/give inputs to teams from different disciplines in the execution of their work.
• Provide guidance as an expert in the relevant architecture domain with sound knowledge of other domains.
• Act as a trusted advisor to senior management in a department, giving input to strategic planning, and identify solutions to business problems and opportunities for optimisation.
• Monitor and manage associated risks – not just for the department, but also for external stakeholders.
• Lead the established and maintenance reference models and frameworks for the relevant architecture domain.
• Develop business-oriented implementation road maps for the achievement of business strategy, and govern the implementation of those road maps.
• Provide the architecture scope, input and advice to other architecture domain teams.
• Quality-assure and integrate the analysis provided by other business analysts and teams from other domains.
• Perform project-based performance appraisals for team members and provide input in the overall performance evaluations. 
• Perform performance appraisals for the enterprise architecture team based on the organisational scorecard.
• Ensure that the methodologies and analytical tools comply with international guidelines and practices.
• Lead the internal evaluations of methodologies and tools in order to improve and refine their application.
• Use methodologies, tools and practices to optimise the achievement of business strategy and its underlying processes and architecture.
• Negotiate and resolve conflicts, issues and change requirements as they relate to the business architecture and its integration with other domains.
• Lead team engagements within the relevant architecture domain and with other domains to integrate data, analyses, findings and recommendations, and identify cross-cutting risks and requirements.

Qualifications

Job requirements

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

• a Master’s degree or an NQF 9-equivalent qualification in Computer Science, Engineering, Mathematics, Information Management, Technology or a related discipline;
• 10–12 years’ experience in at least three architecture domains such as business architecture, data architecture and application architecture;
• IT and business/industry work experience, including architecture design and deployment as well as systems life cycle management;
• leadership experience in managing multiple, large, cross-functional teams or projects, and influencing senior-level management and key stakeholders;
• exposure to multiple, diverse technologies and processing environments;
• knowledge of all the components of holistic enterprise architecture as well as business re-engineering principles and processes; and 
• basic knowledge of financial models and budgeting.

Additional requirements include:

• experience in developing and leading an adaptive technology strategy for the SARB to optimise technology investment through rationalisation opportunities, managing technical debt and technology life cycle choices;
• understanding large, complex business line and cross-organisational architectures; 
• understanding business strategy enablement through architecture;
• selling architecture to business leaders; and 
• understanding industry emerging technologies and developing road maps that will enable strategy execution.

Personal attributes:

• strong written and verbal communication skills;
• strong presentation and interpersonal skills; and
• ability to present ideas in user-friendly (less technical) language.

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.

Associate Economic Statistician

Qualifications

To be considered for this position, candidates must have:

• an Honours degree in Economics, Statistics, Data Science and/or a related field, with some Accounting background;
• at least two years of experience in the field of economic analyses, research and/or macroeconomics, microeconomics or financial economics;
• a proven track record in economic analyses;
• proficiency in English (both written and spoken); and
• proficiency in the use of Microsoft (MS) Office products such as MS Word, Excel and PowerPoint.

The following would be an added advantage:

• ability to programme in “R” and/or Python and related open source software; 

Additional requirements include:

• an affinity for statistics and economic analyses;
• insight and knowledge regarding the international statistical manuals; 
• being task-orientated, with time management skills to operate in a deadline-driven environment that often requires working under pressure, without compromising on quality;
• the ability to work independently as well as within a team/project environment;
• good report writing skills;
• an affinity for statistics compilation applying computerised systems;
• taking initiative and problem-solving skills;
• good communication and interpersonal skills; and
• analytical skills and ability to pay attention to detail.

About Us

About SARB

Primary mandate of the SARB

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.

The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.

WHAT WE DO

Monetary Policy

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.

Financial Stability

The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.

Prudential Regulation

The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.

Financial Markets

Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.

Financial Surveillance

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

Payments and Settlements

The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.

Statistics

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

Research

Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.

Banknotes and Coin

The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.

Solution Architect (1FinSurv Programme)

Job Description

Brief description

The main purpose of this position is to develop and implement the architectural design of solutions to support the business goals and to ensure alignment of business and information technology (IT) at a solution level for the Financial Surveillance Transformation Programme (1FinSurv Programme) within the South African Reserve Bank (SARB).

Detailed description

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

• Develop solution architectures for different projects and govern the end-to-end delivery of solutions to business.
• Combine various domains (business, data, application and technology) and architectural as-is (baseline) and to-be (target) models with roadmaps to create an overall solution architecture and roadmap with the supporting transition architectures.
• Collaborate with the Lead Solution Architect and ensure alignment between the enterprise architecture, solution architecture, architecture principles and information and communications technology (ICT) standards to ensure standardisation and reduce risk.
• Ensure the developed solutions meet the business and technical requirements, both functional and non-functional.
• Review of developed solutions, assist with root cause analysis of solution problems, and propose solution updates. 
• Ensure that solutions implemented match the architectural designs (quality control). 
• Contribute to the development of evaluation criteria for product evaluations, requests for information (RFIs) and requests for proposal (RFPs). 
• Assist the Lead Solution Architect to evaluate products and partners, based on evaluation criteria, RFIs and RFPs.
• Contribute to advancing ICT standards and the optimisation of the ICT facilities in the SARB.

Qualifications

Job requirements

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

• an Honours degree in Informatics, Computer Science or Engineering or related NQF8-equivalent qualification; and
• at least eight years’ experience in application analysis, architecture, design, enterprise architecture and/or solution architecture.  

The following would be an added advantage:

• relevant exposure in the payments ecosystem for interbank transfers, SWIFT and/or ISO 20022;
• certification and/or experience in:
  • architecture frameworks and methods such as the Open Group architecture framework (TOGAF) and application data management (ADM).
  • architecture notations, such as ArchiMate 3.
  • unified modelling language (UML). 
  • business process model and notation (BPMN); and
  • Openshift Container Platform (OCP). 

Additional requirements include below knowledge and skills:

• Understanding of OCP and the various vendor implementations thereof, i.e. Redhat, IBM etc. 
• DevSecOps (Development, Security and Operations), both concept, maintenance and integration of the selected solutions. 
• Container and microservice design and best practice. 
• Application, data and services design.
• Message translation, i.e. ISO 20022.
• System integration.
• ICT industry standards.
• Research.
• Systems behaviour.
• Transactional systems.
• Software development. 
• Architecture views and viewpoints design.
• Population of architecture repository.
• Continuous improvement.
• Building blocks and architecture principles design.
• Architecture tools.
• Solution modelling and benefits analysis.

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.

Learning and Development Consultant – SARB Academy

Job Description

Brief description

The main purpose of this position is to partner with client departments to identify skills needs in order to design and implement fit-for-purpose learning interventions for staff members and teams in the South African Reserve Bank (SARB) Group. This is in order to enhance the impact on business performance and to generate useable knowledge and research for central bank learning and development. 

Detailed description

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

• Contribute towards the SARB learning and development strategy formulation and implementation.
• Identify and interpret client skills needs. 
• Design and develop relevant and fit-for-purpose learning interventions to address identified needs.
• Conduct research and design curricula on topics related to economic research, financial markets as well as other central banking emerging skills needs.
• Enhance the learning experience through the use of relevant digital learning tools, systems and platforms, in line with evolving ways of work. 
• Engage academics, experts and other learning providers to build strategic partnerships in delivering the best learning solutions for the client departments.
• Evaluate the quality and impact of programmes.
• Compile integrated reports and provide recommendations for continual improvement of learning solutions.
• Establish, maintain and promote working relationships with internal and external stakeholders.
• Contribute towards building a culture of continuous learning. 
• Serve as a learning facilitator/integrator during learning interventions, as and when required.

Qualifications

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

•    an Honours degree in Banking, Economics, Education or Finance, or an equivalent (NQF 8) qualification; 
•    five to eight years of learning and development consulting, instructional design and/or facilitation    experience in academia or corporate learning; and
•    three to five years of experience in an economics environment or the financial sector.

Additional requirements include:

•    an understanding of central banking; 
•    a thorough understanding of the learning and development value chain; 
•    strong knowledge of corporate learning;
•    quality assurance knowledge and skill;
•    continuous improvement knowledge and skill;    
•    continued learning and/or professional development knowledge and skill;
•    learning design and curriculum development; 
•    ability to provide learning virtually;
•    ability to curate online learning content to address the needs of client departments;
•    strong learning integration and facilitation skills; and
•    ability to use a blended approach to learning methodologies through emerging instructional methods and technologies.

Security Control Officer

Job Description

Brief description

The main purpose of this position is to plan and supervise the day-to-day security operations of the operational security personnel at the Durban Cash Centre facility of the South African Reserve Bank (SARB).

Detailed description

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

• Manage the facilities protection function at the Durban Cash Centre.
• Conduct thorough inspection rounds and other security measures to ensure compliance with all relevant legislation.
• Monitor the implementation of, and compliance with, applicable policies and procedures.
• Conduct workplace assessments.
• Manage the assignment of firearms for the shift.
• Ensure that operational security staff members comply with and are fit for deployment.
• Manage the performance and development of team members.
• Provide administrative support to the management structure of the Security Operations Division at the Durban Cash Centre.
• Provide management information for decision-making purposes.
• Proactively broaden knowledge of own functional area, displaying a willingness to make improvements in the division (including methods and practices).

Qualifications

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

• a Diploma in Security Management or an equivalent NQF6 qualification;
• five years’ experience in a national key point facility protection environment;
• two years’ experience in facility operational security supervision, including security systems, procedures and personnel;
• sound knowledge and understanding of a national key point security environment, emergency and incident management, control room operations and key control, and relevant legislation;
• a level of medical, physical and psychological fitness that is commensurate with the inherent requirements of the position; and
• a Private Security Industry Regulatory Authority (PSIRA) Grade B certificate.

Additional requirements include:

• the ability to manage a work team on a sound business and security footing;
• the ability to lead and direct a work team in carrying out prescribed duties;
• the ability to use initiative and function effectively and calmly in an emergency situation;
• proficiency in English;
• computer literacy skills and conversant in the Microsoft Office suite of applications, including the email system (Outlook);
• the ability to be constantly vigilant, alert and resourceful; 
• the ability to work shifts;
• security management training and experience;
• national key point training;
• competence in handling firearms (9 mm pistol, semi-automatic rifle and shotgun);
• a favourable security clearance; and
• a valid Code 8 driver’s licence.

Senior Economic Statistician

Job Description

Job title: Senior Economic Statistician

Location: Head Office, Pretoria

Organisation name: Business Cycle Analysis Unit

Department description: Economic Statistics Department 

Brief description

The main purpose of this position is to analyse and effectively report on statistical and economic concepts and trends relevant to monetary policy. The position requires the ability to source, update and enhance economic indicators pertinent to South Africa’s business cycle, economic sentiment, prices and labour market statistics, and to conduct meaningful, in-depth analysis of these indicators.

Detailed description

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

• Analyse economic information and indicators and report on the latest trends and developments in various product deliverables, such as Economic Flash Reports and the Monetary Policy Committee background pack.
• Identify and develop new, meaningful economic indicators for analysis using appropriate and relevant technical expertise.
• Work with big datasets using appropriate technical skills to extract relevant and useful economic indicators from these datasets.
• Enhance and maintain the statistical database of the unit.
• Compile and disseminate Economic Flash Reports following in-depth analysis of economic indicators, supplemented by nowcasts of these economic indicators.
• Conduct analytical and methodological research on price, sentiment, labour market and short-term economic indicators.
• Write and edit analytical and methodological research notes independently or in collaboration with other colleagues.
• Make presentations as required, including to management or external forums.
• Provide guidance and training to other staff members in the unit.

Qualifications

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

• an Honours degree specialising in either Economics, Econometrics, Statistics, Data Science and/or a related field; and
• at least eight years’ experience in the field of economic, statistical or related analysis.

Additional requirements include:

• an affinity for quantitative economic analysis and economic modelling;
• the ability to program in EViews, R, Python or related open-source software will be an added advantage; 
• being task-oriented, with time management skills to operate in a deadline-driven environment that often requires working under pressure, without compromising on quality;
• to initiate, manage and oversee projects to ensure timely, high-quality deliverables;
• the ability to work independently as well as within a team/project environment;
• excellent report writing skills;
• taking initiative and sound problem-solving skills;
• strategic and innovative thinking skills;
• managing complexity and ambiguity;
• planning and organising skills;
• conceptual thinking skills;
• excellent communication and interpersonal skills to effectively present information; and
• the ability to pay attention to detail.

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.

Analytics Support Specialist

Job Description

Brief description

The main purpose of this position is to build, support, maintain and optimise business intelligence (BI) analytical solutions and services across the South African Reserve Bank (SARB).

Detailed description

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

• Implement data and analytics standards and frameworks across the SARB to ensure optimised analytical solutions and adherence to best practice, including of the Data Management Association (DAMA), Data Operations, Development Operations (DevOps), Machine Learning Operations (MLOps) etc.
• Continuously develop BI and analytics solutions and reports aligned to clients’ strategies.
• Take responsibility for BI and analytics solutions and reports for domain-specific implementations across the SARB.
• Design, build and support data analytics solutions and reports that are robust, modular, scalable, deployable, reproducible and versioned for analytics and reporting purposes.
• Continuously monitor domain-specific analytical solutions and reports to ensure solution availability.
• Enhance and optimise domain-specific analytical solutions and reports, ensuring the continuous improvement and optimal long-term performance of analytical solutions and reports.
• Diagnose, resolve and provide solution support to raised incidents and issues across domain-specific analytical solutions and reports.
• Implement security and compliance rules to ensure adherence to relevant policies with respect to all BI and analytics solutions and reports.
• Identify, manage and mitigate risks relating to domain-specific analytics services.
• Proactively engage and problem-solve with cross-functional stakeholders, from technical data teams to managers, to resolve incidents and issues on analytical solutions and reports.
• Report and provide recommendations to management on solution utilisation, performance and improvements for domain-specific solutions.
• Guide and train business users on how to use analytical solutions and reports as well as relevant reporting technologies.
• Impart knowledge of the technical environment to other analytics support specialists, data engineers, application technical specialists and product owners.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in Computer Science, Engineering, Mathematics, Information Management/Technology or an equivalent qualification;
• five to eight years’ experience in building, optimising, and enhancing BI solutions on SAS, Microsoft Power BI. 
• solid experience with other BI tools such as MicroStrategy, Oracle and Tableau.

The following would be an added advantage:

• experience with Python and/or R;
• experience using cloud platforms such as Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure;
• data engineering certifications.
• Power BI certificate.
• SAS certifications; and/or
• experience with implementing in Development Security Operations (DevSecOps) and Agile environments.

Additional requirements include:

• business acumen;
• effective communication;
• judgement and decision making;
• a service and stakeholder focus;
• a drive for results;
• planning and organising;
• problem solving and analysis;
• conceptual thinking;
• building and managing relationships; and
• teamwork.

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.

Developer X2

Job Description

Brief description

The main purpose of this position is to develop and support business intelligence (BI) solutions, under the supervision of more senior developers, to meet the business needs of the South African Reserve Bank Group (SARB Group).

Detailed description

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

• Engage in short-term planning and perform tasks against work plans as defined in conjunction with more senior developers. 
• Conduct analysis and design quality BI solutions according to the specifications provided and approved business requirements, and in line with governance frameworks. 
• Deliver quality BI solutions through development, integration, testing and deployment, according to the approved design specifications and within agreed timelines.
• Develop BI solutions that adhere to prescribed information and communication technology (ICT) 
• standards and procedures.
• Consistently provide BI solutions maintenance and support in the designated area and ensure business continuity in line with the agreed service standards.
• Keep abreast of ICT developments and trends within specialised area of technology in order to develop 
• and design the most appropriate BI solutions.
• Actively participate as a member of a team, to move the team towards the completion of goals. 
• Engage with the internal and external user community to ensure that business benefits are realised. 
• Evaluate own performance against given criteria and identify and address any task-specific learning needs.

Qualifications

Job requirements

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

• a National Diploma (NQF 6) in Information Technology (IT) or an equivalent qualification;
• BI certification; and 
• at least 2–5 years of experience in BI solutions development.

Additional requirements include:

• industry, organisational and business awareness, knowledge and skill; 
• quality assurance knowledge and skill; 
• continuous improvement knowledge and skill; 
• continued learning and/or professional development knowledge and skill; 
• business continuity planning knowledge and skill; 
• IT enablement planning knowledge and skill;
• IT enablement legislation as well as governance, risk and compliance knowledge and skill;
• IT transformation and innovation knowledge and skill;
• BI solution design and development knowledge and skill; 
• BI solution maintenance and support knowledge and skill; 
• infrastructure design and development knowledge and skill;
• systems integration knowledge and skill;
• systems specialisation knowledge and skill;
• service management knowledge and skill;
• testing knowledge and skill;
• analytics knowledge and skill;
• operations knowledge and skill; 
• capacity and performance management knowledge and skill; 
• time and work management knowledge and skill; and
• problem-solving and analytic 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.

Associate Policy Analyst

Job Description

Brief description

The main purpose of this position is to assist in the development of regulatory frameworks and conduct financial sector prudential policy-related research, including analysis to monitor and influence the policy positions of international financial sector standard-setting bodies as well as the domestic financial sector policy framework.

Detailed description

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

• Assist in conducting research based on international best practice and practices in other jurisdictions that are similar to the South African market to better inform the development of a robust regulatory framework for South Africa. 
• Participate in industry engagement sessions as well as engagements with other financial sector regulators and internal stakeholders in the development of regulatory frameworks for the Prudential Authority (PA).
• Assist in the development of regulatory frameworks for the PA by working closely with senior executives in the PA’s Policy Division.
• Assist in engagements with regulated financial institutions, where required. 
• Provide secretariat support for the governance structures within the PA. 
• Provide input into the areas of policy development for the PA, which will specifically include, but not be limited to, work on the insurance regulatory framework.

Qualifications

Job requirements

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

• a postgraduate qualification in Law, Finance, Economics or an equivalent qualification; and
• a minimum of two to five years’ experience in conducting policy-related research, drafting regulatory instruments or formulating policy and analytical skills in a relevant field.

The following would be an added advantage:

• practical experience in the insurance regulatory environment; and
• practical experience in conducting research, and demonstrable drafting and analysis skills in the financial sector.
  • an understanding of developments in recent financial sector reforms;

Job-related skills and attributes include:

• an understanding of prudential supervision, regulation and legislation impacting the PA; 
• a basic understanding of international regulatory standards impacting the South African Reserve Bank (SARB)/PA;
• competence in the use of Microsoft Office (MS) software packages;
• the ability to be proactive and work independently;
• excellent verbal and written communication skills; and
• the ability to work well under pressure.

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.

Endpoint Security Administrator

Job Description

Brief description

The main purpose of this position is to perform hands-on technical support, administer and maintain endpoint security technologies and solutions for the South African Reserve Bank (SARB) Group.

Detailed description

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

• Administer and maintain endpoint security technologies by performing daily health checks.
• Provide first-level support on cybersecurity solutions to ensure optimal performance.
• Diagnose problems and choose and/or modify routines to deal with them, displaying the ability to provide solutions or approaches for problems within a defined context.
• Facilitate the regular review of technical configuration documentation and maintain back-ups of technical configurations.
• Coordinate the activities related to service requests and incidents to ensure their timeous resolution.
• Provide regular reports and status updates (daily, weekly and monthly, as defined) to the team leader and members of the broader team.
• Manage relationships with all stakeholders, role players and service providers to ensure commitment to a common goal.
• Define own work plan and deliverables with guidance from the team leader.
• Perform work independently within established practices, processes, rules and regulations.
• Proactively broaden knowledge of functional area, display a willingness to make improvements in own work and address task-specific learning needs and relevant certification requirements.

Qualifications

Job requirements

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

• an NQF5 qualification or higher in Cyber/Information Security or an equivalent qualification;
• internationally recognised security original equipment manufacturer (OEM) product-specific certifications (e.g. Microsoft, Symantec or Sophos);
• at least two years’ experience in information technology (IT); and
• IT security exposure.

Additional requirements include:

• availability to perform functions outside of normal working hours and to provide 24-hour standby support on a round-the-clock service basis as per the standby schedule;
• verbal and written communication skills;
• a drive for results;
• the ability to work in a team;
• service and stakeholder focus;
• judgement and decision-making skills;
• analytical and problem-solving skills; and
• planning and organisational 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.

Endpoint Security Operations Specialist

Job Description

Brief description  

The main purpose of this position is to implement, maintain and support cybersecurity tools, technologies and solutions for the South African Reserve Bank (SARB) Group. 

 Detailed description 

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

• Develop and maintain information technology (IT) security standards and procedures to ensure IT security governance. 
• Identify and categorise new IT security threats, vulnerabilities and risks to ensure that the SARB’s threat landscape is reduced. 
• Proactively and timeously assess the vulnerability of infrastructure to threats, diagnose problems and customise solutions to address problems, where necessary. 
• Administer and maintain IT security systems and solutions to ensure the health, availability and reliability thereof. 
• Provide meaningful IT security metrics and reporting to inform decisions based on accurate up-to-date measurements of IT threat and risks. 
• Participate in IT security projects aimed at improving IT security in the SARB. 
• Perform tasks independently to deliver work that meets time and quality standards as well as customer expectations. 
• Troubleshoot identified IT security incidents (second- and third-level support) and problems on the relevant platforms, together with other technical teams (i.e. desktop, servers, networks and storage). 
• Participate during the planned and unplanned IT systems recovery process through recovering the IT security solutions. 
• Participate in IT security audits through the provision of relevant information. 
• Stay current with IT security knowledge and skills in order to maintain professional expertise and relevant accreditation. 

Qualifications

Job requirements 

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

• a Bachelor’s degree in Information Technology (NQF 7) or an equivalent qualification; 
• internationally recognised security original equipment manufacturer (OEM) product-specific certifications (e.g. Microsoft, Symantec, Sophos and MacAfee); 
• certification as a GIAC Certified Incident Handler (GCIH), Certified Ethical Hacker (CEH) or Certified Information Systems Security Professional (CISSP); and 
• eight to 10 years’ IT experience, of which a minimum of three years must be in IT security. 

Additional requirements include:

• proficiency in English (verbal and written); 
• the ability to troubleshoot security platforms and devices;. 
• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance; 
• continuous improvement; 
• continuous learning and/or professional development; 
• business continuity planning; 
• IT enablement planning; 
• security operations administration; 
• service management; 
• IT 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.

Associate Prudential Supervisory Framework Analyst

Job Description

Brief description

The purpose of this position is to develop and refine supervisory frameworks through the scanning of the regulatory and supervisory framework environment against domestic policy and international best practices and standards to ensure the effective and consistent supervision of the Prudential Authority (PA)-regulated financial institutions.

Detailed description

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

• Conduct research relating to the latest changes in the regulatory frameworks within the PA-regulated financial sectors and conduct in-depth assessments on whether these frameworks are applicable to the PA supervisory framework.
• Develop new and refine existing PA supervisory guidelines in line with the PA regulatory framework and international supervisory best practices.
• Apply analytical tools for assessing the consistency and efficiency of the PA’s supervisory practices.
• Assist in planning, defining the scope and objectives of the quality assurance reviews and setting up of the quality assurance programme to address objectives.
• Execute the quality assurance programmes, including evaluating the results of quality assurance reviews and preparing recommendations.
• Assist with planning the annual environmental scanning/benchmarking projects for the team based on the changes to the local and international regulatory and supervisory frameworks and best practices.
• Engage with and present to PA stakeholders on the draft supervisory frameworks and guidelines, quality assurance reviews and other related documents. 
• Contribute towards the continuous improvement process within the PA supervisory framework team.
• Provide input into the development and implementation of the PA regulatory framework.
• Assist the team with other functions, as may be required from time to time, in line with the PA strategic and operational objectives. 

Qualifications

Job requirements

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

• a minimum of a Bachelor’s degree in the fields of Commerce, Compliance, Law or an equivalent qualification; and
• a minimum of five years’ experience in internal auditing, compliance, regulation, supervision, risk management or quality assurance.

Additional requirements include:

• regulatory and supervisory awareness;
• quality assurance;      
• continuous improvement;          
• data analysis and management information reporting;
• coaching skills;
• presentation and interpersonal skills;
• conceptual thinking;
• planning and organising skills;
• effective communication skills;
• developing and maintaining relationships;
• analytical and problem-solving skills;
• resilience;
• service and stakeholder focus;
• teamwork; and
• judgement and decision-making 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.

Business Analyst

Job Description

Brief description

The main purpose of this position is to provide end-to-end business analysis services to the various departments in the South African Reserve Bank (SARB) by identifying business problems and needs, determining solutions and enabling improvement in organisational processes.

Detailed description

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

• Take responsibility for driving business analysis initiatives from initiation to implementation on projects of low to medium risk with a cycle of up to 12 months.
• Facilitate workshops independently and consult with business owners and stakeholders with regard to problem definitions and the identification of business requirements and needs.
• Review business processes and procedures, analyse business needs and associated data, identify and assess possible solutions and define the associated requirements.
• Elaborate on the scope and feasibility of solutions and develop the supporting business case.
• Manage change requirements and supporting specifications. 
• Investigate problems and propose solutions by interacting with users, developers and other stakeholders.
• Develop manuals and plans and present training courses in support of implementation.
• Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes and apply these in the course of own work. 

Qualifications

Job requirements

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

• an Honours degree in Information Technology (IT) or an equivalent qualification;
• a relevant Business Analysis certification; and
• five to eight years’ experience within a business analysis environment. 

Additional requirements include:

• knowledge and skill in:
• industry, business and organisational awareness;
• 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; and
• IT domain management; and
• behavioural competencies in:
• planning and organising;
• developing and growing others;
• judgement and decision making;
• resilience;
• impact and influence; and
• building and maintaining 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.

Governance Risk and Compliance Manager

Job Description

Brief description

The main purpose of this position is to facilitate the identification, profiling and management of strategic, operational and specialist risk in the Corporate Services Department (CSD).

Detailed description

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

• Develop a one- to three-year risk management plan/programme in keeping with the South African Reserve Bank’s (SARB) Risk Management Committee and Board Risk and Ethics Committee objectives and annual plans.
• Provide input into the group risk management, business continuity and compliance policies and related frameworks for infrastructure risks (real estate, construction and engineering).
• Develop and maintain comprehensive business continuity plans (BCP) for each project/programme, in conjunction with programme and project managers, and ensure that such plans are practicable and aligned to the SARB’s overall BCP principles. 
• Continuously scan the external environment to identify emerging risks within the construction (real estate, construction and engineering) industry and ensure that the SARB is aware of and taking the appropriate response. 
• Develop and implement reporting frameworks for management and governing forums that are aligned with frameworks developed by the Risk Management and Compliance Department.
• Identify changes in the applicable legislation/regulations and local/international standards relating to real estate, construction and engineering that may have an impact on the objectives of CSD. 
• Prepare, liaise with relevant departments and facilitate operational risk assessment workshops, business impact analysis and business continuity planning sessions, using the SARB’s risk management methodology.
• Track progress on the implementation of the department’s strategic, operational and specialised risk response strategies and compile reports.
• Brief and make presentations to departments, divisions and stakeholders on CSD’s real estate risk management, compliance and control processes. 
• Identify training needs for all CSD staff and project managers, and facilitate on-the-job training for junior analysts. 
• Log and report risk incidents on the SARB’s centralised risk incident tool and monitor action plans.
• Create risk, compliance and specialised risk (cyber, physical and data privacy) awareness within the department through campaigns and appropriate media.
• Plan, facilitate, execute, coordinate and report on the business continuity management (BCM) activities for the department (including projects) using the BCM system, and support the Head: CSD to facilitate the response to any incident at the SARB’s Joint Operations Centre and/or Crisis Preparedness Committee.

Qualifications

Job requirements 

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

• an Honours degree (NQF8) in Risk Management; and
• eight to 10 years of job-related experience, specifically in a risk and compliance management environment.

Additional requirements include: 

• knowledge and skill in:
• strategy;
• legislation, governance, risk and compliance;
• service delivery ;
• information management;
• reporting;
• research; and 
• risk management.

End-User Computing Architect

Job Description

Brief description

The main purpose of this position is to research, plan, architect, design, maintain and oversee the deployment of end-user computing architectures within the South African Reserve Bank (SARB) Group.

Detailed description

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

• Research and recommend emerging and fit-for-purpose end-user computing solutions and participate in the procurement of such solutions aligned to the business strategy.
• Define and evolve the SARB Group’s end-user computing in alignment with the to-be architecture.
• Plan and develop end-user computing architecture blueprints and roadmaps for end-user solutions in alignment with industry best practices and standards.
• Oversee the implementation of end-user computing solutions and ensure alignment with defined architecture.
• Provide expert guidance on the adoption of end-user computing solutions.
• Provide expert guidance on cost management strategies for end-user computing solutions.
• Oversee the management of the end-user computing solutions life cycle.
• Lead the design of end-user computing solutions to ensure alignment with defined architectures.
• Implement and maintain the governance and security model for end-user computing as developed by the Cyber and Information Security Unit.
• Develop, maintain and document technical standards, procedures, user guides, standard operating procedures and instructional documents relating to the end-user computing solutions.
• Collaborate and engage with internal and external stakeholders to ensure the functionality of the deployed end-user computing solutions and technologies.
• Identify, address and remediate risks in the end-user computing environment as identified by auditors and governance-related assessments.
• Stay abreast of new developments in end-user computing architectures and technologies.
• Provide end-user computing architectural expertise with respect to information and communication technology (ICT) projects and participate in other SARB Group projects to contribute towards business objectives.
• Manage capacity planning, disaster recovery and resource allocation to ensure optimal performance, continuity, and scalability as it relates to end-user computing.

Qualifications

Job requirements 

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

• a minimum of an Honours degree (NQF 8) in Information Technology, Computer Science or an equivalent qualification;
• a minimum of 8 to 10 years’ experience in end-user computing architecture with a strong track record of designing and implementing end-user computing solutions in enterprise organisations;
• a TOGAF certification.

The following would be an added advantage:

• ITIL v3/4 and COBIT 2019 certifications;
• certified AWS Certified Solutions Architect; and
• certified Microsoft Certified: Azure Solutions Architect.

Additional requirements include:

• industry, organisational and business awareness knowledge;
• quality assurance knowledge and skills;
• excellent technical knowledge of cloud services;
• continuous improvement of cloud services;
• comprehensive hands-on cloud services troubleshooting experience;
• continuous learning and/or professional development;
• ability to read and understand technical manuals, procedural documentation and original equipment manufacturer (OEM) guides;
• liaising with external services providers for purposes of product and technology review, and coordinating vendor presentations where relevant; and 
• an understanding of the department’s goals and objectives.

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.

Accounts Clerk – Planning

Job Description

Detailed description

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

• Engage in short-term planning and perform tasks against work plans as defined in conjunction with the supervisor.
• Perform work independently within established practices as well as given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines.
• Identify, evaluate and solve defined, routine and new problems within a familiar context.
• Perform general budgeting duties, including the compilation and consolidation of the annual SARB budget as well as tracking and reporting the SARB’s performance against the approved budget. 
• Assist with financial modelling and insights to help streamline the current budgeting process. 
• Perform general accounting duties and reconciliation in accordance with accounting and SARB polices, relevant accounting and banking standards, and Acts.
• Prepare and provide information related to transactions with a defined context to relevant stakeholders. 
• Engage with relevant stakeholders/clients within the SARB, displaying service orientation in own work and the ability to handle basic queries and explain information fluently.
• Proactively broaden knowledge of own functional area, displaying a willingness to make improvements in own work (including work methods and practices).
• Evaluate own performance against given criteria, and identify and address task-specific learning needs.

Qualifications

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

• the minimum of a Bachelor’s degree/Advanced Diploma in Accounting (NQF 7) or an equivalent qualification; and
• the minimum of two years of experience in a financial services environment.

The following would be an added advantage:

• being a newly qualified Chartered Accountant.

Additional requirements include:

• knowledge of and skill in:
  • industry, organisational and business awareness;
  • quality assurance;
  • continuous improvement;
  • continued learning and/or professional development; 
  • financial modelling;
  • financial reconciliation; and
  • budgeting;
• conceptual thinking;
• effective communication;
• flexibility; 
• a drive for results;
• a learning focus;
• the ability to work in a team;
• a service and stakeholder focus;
• the ability to build and maintain relationships;
• judgement and decision making;
• impact and influence;
• analytical skills and problem solving;
• resilience; and
• the ability to manage complex issues.

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All the best with your applications.