SARB Vacancies

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

Chef de Partie

Job Description

Brief description

The main purpose of this position is to provide first-line supervision of culinary preparation for the South African Reserve Bank’s restaurant.

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 by team leader or the nature of work.
Coordinate the administration for stock requests and stock control processes.
Supervise the preparation of high-quality food items as per the approved menu and monitor quality control.
Provide first-line supervision and on-the-job training of all kitchen staff.
Report equipment malfunctions to the relevant parties.
Ensure adherence to the Occupational Health and Safety Act 85 of 1993 in the kitchen environment.
Implement and maintain food safety standards and services according to relevant food legislation and South African National Standards.
Engage positively with stakeholders and customers (including handling customer complaints and compliments).
Willingly address any gaps in own performance of tasks and activities against the required standard.

Qualifications

Job requirements

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

a Diploma (NQF5) in Hospitality Management or an equivalent qualification;
five to seven years’ experience in a culinary, restaurant or hotel and catering environment;
hospitality services utensils/tools/equipment usage knowledge and skill;
hospitality services stock and inventory management knowledge and skill; and
hospitality services reporting knowledge and skill.

Additional requirements include:

verbal and written communication skills;
organisational skills;
in-depth knowledge of the kitchen standards;
the ability to work under pressure and in a fast-paced environment;
excellent time management skills;
flexibility;
a drive for results;
a learning focus;
the ability to work efficiently and cooperatively in a team environment;
a service and stakeholder focus;
the ability to build and maintaining relationships;
judgement and decision-making skills;
problem-solving skills;
resilience; and
a drive for results.

Help Desk Agent

Job Description

Brief description

The main purpose of this position is to provide first-line contact and handle incoming calls and assign and manage calls from clients of the South African Reserve Bank’s Corporate Services Department.

Detailed description

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

Follow help desk procedures for the completion of tasks and respond to and route incoming calls in accordance with priorities and agreed service levels.
Communicate to clients regarding the progress of requests/enquiries from receipt to closure.
Handle help desk-related queries and engage positively with colleagues and stakeholders on the telephone or in person.
Update and maintain the call management system to allow accurate recording of calls received and resolution activities.
Identify problems which require expertise, route them for support and escalate those that require urgent attention.
Continually assess client satisfaction and recommend actions for improvement where necessary.

Qualifications

Job requirements

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

a Higher Certificate (NQF5) in Call Centre Operations or an equivalent qualification; and
two to five years’ job-related experience in a call centre or customer relations environment.

Additional requirements include:

verbal and written communication skills;
team work skills;
a service and stakeholder focus;
the ability to build and maintain relationships;
judgement and decision-making skills;
impact and influence;
analytical and problem-solving skills;
resilience; and
the ability to manage complexity and ambiguity.

Associate Economic Statistician

Job Description

Brief description

The main purpose of this role is to collect input data, conduct statistical processing and analyse integrated economic accounts (IEA) statistics and associated macroeconomic indicators to provide accurate, high-quality economic information that supports informed decision making and policy formulation by the South African Reserve Bank’s (SARB). This position offers opportunities to engage in special projects and gain exposure to cutting-edge research and statistical methodologies.

Detailed description

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

Collect, compile and analyse IEA statistics and associated macroeconomic indicators and share findings with more senior specialists.
Populate, process and manage data across all relevant economic indicators and disciplines within the IEA area and maintain a comprehensive and accurate database.
Check the accuracy of data received and processed, validate source data and frequently liaise with data providers.
Assist in special projects across the department.
Conduct methodological research to advance the maturity and quality of the relevant economic indicators.
Analyse and reconcile input data, statistical and economic findings with other macroeconomic statistics using advanced business intelligence tools/applications.
Monitor and analyse the conditions affecting the economy by keeping abreast of knowledge and developments in the assigned domain.
Apply appropriate methodological standards, guidelines and principles in executing work in line with international best practices.
Stay abreast of new thinking in research and statistical methodologies, considering the implications of these changes to own work area.
Compile thorough, comprehensive and descriptive reports.
Collaborate with external stakeholders and represent the SARB in professional settings.
Create and deliver impactful briefings and presentations on research findings and economic analysis to internal and external stakeholders.

Qualifications

Job requirements

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

an Honours degree in Economics, Statistics, Data Science and/or a related field, with some accounting background;
two to five years of experience in the field of economic analysis, research and/or macroeconomics, microeconomics or financial economics;
a proven track record in conducting and delivering high-quality economic analyses; and
proficiency in the use of Microsoft Office products such as MS Word, Excel and PowerPoint, including the ability to use tools (functions and formulas) to organise, analyse and adjust data.

The following would be an added advantage:

the ability to program in ‘R’ and/or Python and related open-source software.

Additional requirements include:

an affinity for statistics and economic analysis, with a strong interest in applying statistical principles to real-world economic data;
insight and knowledge regarding international statistical manuals and best practices (e.g. International Monetary Fund and Organisation for Economic Co-operation and Development guidelines)
a task-oriented approach, with excellent time management skills to thrive in a deadline-driven environment where work often requires managing pressure while maintaining quality;
the ability to work independently as well as within a team/project environment;
strong report writing skills and the ability to present complex statistical data and analyses clearly and concisely;
an affinity for statistics compilation applying computerised systems;
taking initiative and problem-solving skills;
excellent communication and interpersonal skills; and
analytical skills and a keen attention to detail.

Additional details

Career path: Specialist (SP)

Level: SP2

Head of Department – National Payment System

Job Description

Job title: Head of Department – National Payment System

Location: Head Office, Pretoria

Department description: National Payment System Department

Description of the department:

The South African Reserve Bank is a payment settlement service provider and overseer of the national payment system (NPS). The National Payment System Department (NPSD) has been assigned the responsibility of regulating and supervising payment service providers and ensuring the effectiveness and integrity of the NPS. In this role, the NPSD strives to reduce and manage risks in the NPS by promoting compliance to international best practice for payment systems. Although the NPSD is primarily focused on the domestic NPS (including its links to international/global systems), it also plays a vital role in the development of the Southern African Development Community’s (SADC) payment systems as well as payment system integration initiatives on the continent.

Brief description

The main purpose of this position is to provide leadership and strategic direction for the NPSD and the broad payment industry initiatives to ensure the overall effectiveness and integrity of the NPS.

Detailed description

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

Provide leadership and strategic direction to the broader NPS industry and the NPSD to facilitate the development of the NPS.
Provide an interbank settlement service for all domestic and rand-denominated foreign exchange transactions.
Provide an interbank settlement service for regional transactions settled on the regional payment settlement platform.
Oversee the NPS to ensure its development in line with changes in the financial system and the environment.
Provide thought leadership on payments related matters to the broader payments ecosystem.
Regulate and supervise payment service providers and administer NPS regulation (i.e. the National Payment System Act 78 of 1998 and directives) to manage risks in the payment system and prevent payment settlement failures and possible systemic risk.
Participate in regional payment system initiatives and provide leadership and strategic guidance to the SADC payment system initiatives.
Facilitate relevant research to keep abreast of developments and best practices to ensure alignment with international payment system practices that foster compliance with international standards.
Participate in international payment system standards setting bodies and forums to provide South Africa and developing economies input into global guidelines and standards.
Participate in international and regional payment system oversight structures to ensure initiatives are aligned to domestic policy objectives.
Facilitate capacity building and information dissemination initiatives, including relevant publications on NPS matters, to ensure public awareness and promote fair access to, and wider usage of, the NPS.
Provide strategic direction and develop plans, management practices and controls for the NPSD.
Direct the preparation of budgets and coordinate spending based on the NPSD strategic and operational plans.
Direct human resource activities, including the approval of human resource plans and activities, hiring and staff development, oversee performance management systems and determine divisional structures.
Manage the performance and development of direct reports, create a performance culture in the department, and promote and support career management and development.
Guide and participate in the development of payment systems on the continent and the region with specific reference to SADC.

Qualifications

Job requirements

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

an Honours degree in Banking, Finance or Information Technology; and
at least 12 years’ experience in the banking/financial systems and payments environment, including good exposure to information technology (IT) systems, of which at least five of those years should be at senior general management level.

The following would be an added advantage:

a Master of Business Administration or Master of Business Leadership degree.

Additional requirements are include:

a deep knowledge and understanding of the South African payments ecosystem;
the ability to earn the respect of key stakeholders, build relationships, and act as a trusted authority;
the ability to inspire and shape industry thinking that advance the payment sector;
skill in:
- computer literacy;
- verbal and written communication;
- high-level problem-solving and analysis;
- presentation, including public speaking;
- facilitation;
- negotiation;
- strategic thinking;
knowledge of payment and settlement systems;
banking knowledge (central and commercial);
exposure to risk management practices;
a background in the relevant legislation;
an adequate understanding of financial markets;
project management experience;
knowledge and experience in IT systems;
managerial experience;
exposure to research methodologies; and
knowledge of human resource management.

Additional details

Career path: Managerial

Level: M3

Enquiries relating to the position may be directed to Ms Marili Breedt at Marili.Breedt@resbank.co.za.

This position will be advertised internally and externally.

Buyer

Job Description

Detailed description

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

Plan and prioritise tasks that need to be completed on a daily and weekly basis with the Tactical Buying Lead.
Buy goods and services from suppliers, which include but is not limited to the preparation of requests for tender/proposal/quotation/information (RFXs), commercial negotiations and recommendations for supplier awards.
Manage the entire value chain of the requisitioning and ordering cycle.
Perform general administration in a timeous, accurate and complete manner throughout the buying cycle.
Engage with relevant stakeholders, including requisitioners and suppliers, displaying a service orientation towards own work as well as the ability to handle queries and explain information fluently.
Ensure that all buying activities and deliverables are of high quality and are executed in accordance with the SARB Procurement Policy.
Collate and analyse procurement data for reporting.
Keep abreast of developments in the procurement field and propose improvements to methods and practices in tactical procurement.

Qualifications

Job requirements

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

the minimum of a National Diploma (NQF 6) in Commerce/Supply Chain Management or an equivalent qualification; and
the minimum of two to five years’ experience in the procurement or supply chain management environment.

Additional requirements include:

knowledge and skill in:
industry, organisational and business awareness;
quality assurance;
continuous improvement;
continued learning and/or professional development;
procurement strategy;
procurement planning;
procurement markets; and
contract management;
conceptual thinking;
effective communication;
flexibility;
a drive for results;
teamwork;
a service and stakeholder focus;
judgement and decision making; and
analytical and problem solving skills.

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.

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All the best with your applications