South African Reserve Bank (SARB)

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

Accounts Clerk: Banking Services

Pretoria, South Africa

Job Description

Detailed description

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

• Perform general administration tasks, including the preparation of payment instructions, data capturing and record keeping to ensure the efficient operation of the section.
• Engage in short-term planning and perform tasks against work plans as defined with the supervisor.
• Perform tasks independently within established practices, adhering to certain processes, rules and regulations to ensure compliance with standards, policies and guidelines.
• Monitor incoming and outgoing payments on Swift Alliance.
• Capture transactions (fund transfers and journals) on Flexcube Core Banking.
• Capture the daily estimate report for the Financial Markets Department (FMD).
• Handle queries raised by internal and external stakeholders and the CPD.
• Perform the reconciliations of various critical accounts. 
• Calculate the quarterly interest due to the Central Bank of Lesotho on its Special Rand Deposit Account.
• Engage with relevant stakeholders and clients, within the SARB and external parties, displaying a service-oriented approach and the ability to handle basic queries and clearly explain information.
• Proactively broaden own knowledge of the 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:

• a minimum of a Diploma (NQF 6) in Financial Accounting or an equivalent qualification; and
• a minimum of two years’ experience in a banking settlement environment.

The following would be an advantage: 

• a Bachelor’s degree or an Advanced Diploma (NQF 7) in Accounting, Banking Services or an equivalent qualification.

Additional requirements include:

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

Security Official – Cape Town Cash Centre x 4

Cape Town, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to protect and safeguard the personnel, facilities and assets of the South African Reserve Bank (SARB) Cape Town.

Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorised activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).

Qualifications

Job requirements

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification. 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification;
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun);
• a minimum of two to five years of working experience in a security environment.
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms;
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position;
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

Security Official – Durban Cash Centre x 3 

Durban, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to protect and safeguard the personnel, facilities and assets of the South African Reserve Bank (SARB), Durban Cash Centre.

Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorized activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification. 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification.
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun);
• a minimum of two to five years of working experience in a security environment;
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms;
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position;
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

Additional requirements include:

• following instructions and procedures;
• adapting and responding to change;
• writing and reporting;
• deciding and initiating action;
• adhering to principles and values;
• applying expertise and technology; and
• coping with pressures and setbacks.

The following would be an added advantage:

• completed NKP training;
• completed PSIRA training; and/or
• exposure to physical and tactical security training.

Security Official – Johannesburg Cash Centre

Johannesburg, South Africa

Trending

Job Description

Brief description

The main purpose of this position is to protect and safeguard the personnel, facilities and assets of the South African Reserve Bank (SARB), Johannesburg Cash Centre.

Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorized activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification. 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification.
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun).
• a minimum of two to five years of working experience in a security environment.
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms.
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position.
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

Additional requirements include:

• following instructions and procedures;
• adapting and responding to change;
• writing and reporting;
• deciding and initiating action;
• adhering to principles and values;
• applying expertise and technology; and
• coping with pressures and setbacks.

The following would be an added advantage:

• completed NKP training;
• completed PSIRA training; and/or
• exposure to physical and tactical security training.

Associate Analyst – Domestic Settlement Services

Job Description

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

• Work as part of a team on project, change, operational and business analysis activities to develop and maintain the domestic settlement system.
• Assist with providing training and capacity building on the domestic settlement system.
• Assist with the development and maintenance of business procedures and processes relating to the domestic settlement system
• Assist with internal and external audits and audit assessments.
• Assist the more senior analysts at the SARB with providing support to system participants, domestic clearing and settlement operators as well as other stakeholders in the domestic settlement system.
• Support the more senior analysts at the South African Reserve Bank (SARB) in implementing, monitoring and reporting on service level agreements with system participants, domestic clearing and settlement operators as well as other stakeholders. 
• Engage with system participants, domestic clearing and settlement operators as well as other stakeholders.
• Perform basic testing on the domestic settlement system according to the system test framework.
• Monitor compliance and identify associated risks that may lead to non-compliance.
• Provide analytical support in the form of data analysis and modelling.
• Provide relevant management reports.
• Develop business procedures and processes.
• Develop and maintain BCP processes to protect the domestic settlement system against the potential loss of critical business functions.
• Define solution requirements and assess possible solutions.
• Stay abreast of any changes to relevant analytical tools and methodologies, and apply these in the course of own work. 
• Participate in business continuity planning (BCP) testing and execution for the domestic settlement system and its participants.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Economics, Financial Management or Information Technology (IT), or an equivalent qualification; and 
• the minimum of 2–5 years’ experience in banking, the financial services industry or the payment system environment.

The following would be an added advantage:

• knowledge of real-time gross settlement (RTGS) systems.

Additional requirements include:

• knowledge of the national payment system;
• knowledge of payment system messaging standards; 
• knowledge of risk management;
• knowledge of project management; and
• analytical skills;
• communication skills;
• 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.

Human Resources Department

Analyst – Domestic Settlement Services 

Job Description

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

• Support and provide training and capacity building on the domestic settlement system.
• Support risk management and compliance for the domestic settlement system.
• Support cost recovery for the domestic settlement system.
• Implement, monitor and report on service level agreements with system participants, domestic clearing and settlement operators as well as other stakeholders. 
• Develop and maintain the business procedures and processes relating to the domestic settlement system.
• Build and maintain business relationships with system participants, domestic clearing and settlement operators as well as other stakeholders.
• Provide support to system participants, domestic clearing and settlement operators as well as other stakeholders on the regional settlement system.
• Perform testing on the domestic settlement system according to the system test framework. 
• Perform a supervisory role for the domestic settlement system according to the shift roster. 
• Collate and produce information for the operational report on the domestic settlement system. 
• Conduct research to ensure alignment with best practice.
• Supervise business continuity planning (BCP) test coordination and execution for the domestic settlement system and its participants.
• Coordinate and execute project, change, operational and business analysis activities (e.g. identify deliverables, determine scope of work and identify tasks) to develop and maintain the domestic settlement system.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Economics, Financial Management or Information Technology (IT), or an equivalent qualification; and
• the minimum of five years’ experience in the banking, financial services or payment system environment.

The following would be an added advantage:

• knowledge of real-time gross settlement (RTGS) systems.

Additional requirements include:

• knowledge of the national payment system; 
• knowledge of research methodologies; and
• knowledge of payment system messaging standards; 
• analytical skills;
• decision-making skills;
• proven problem-solving skills; 
• strong verbal and written communication skills. 
• being results-driven;
• the ability to work independently;
• strong experience in risk management;
• experience in project management; 
• experience in stakeholder 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.

Human Resources Department

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.

Click here to apply

All the best with your applications