SARB Vacancies

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

Junior Actuarial Analyst

Job Description

Brief description

The main purpose of this position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of life/non-life actuarial risks in insurance entities. The successful candidates will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA responsible for providing specialist knowledge, skills and experience in the life/non-life actuarial risk management area.

Detailed description

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

•    Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following: 
o    scrutinising the financial soundness of life/non-life insurers; 
o    participation in on-site visits to life/non-life insurers; and 
o    the consideration of internal model approvals.
•    Scrutinise and check the compliance of submissions by life/non-life insurers’ actuaries.
•    Assist in maintaining the statutory returns required by regulated entities.
•    Participate in projects initiated within the PA and industry forums.
•    Develop and test systems and procedures for internal use.
•    Maintain and upgrade databases.
•    Participate in and execute projects initiated within industry forums.
•    Transfer knowledge and skills to stakeholders, both inside and outside of the PA.
 

Qualifications

To be considered for this position, candidates must be in possession of:
•    have a relevant Postgraduate qualification degree in Actuarial Science;
•    be actively pursuing studies and ideally have passed or been exempted from at least two A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
•    0 – 2 years’ relevant working experience, preferably in the life/non-life insurance industry.

The following would be an added advantage:

•    good communication (verbal and written) skills;
•    ability to perform under pressure without compromising quality;
•    ability to work independently and within a team;
•    good interpersonal skills; and
•    proactive problem-solving skills.

Job related skills and knowledge:

•     Solvency Assessment and Management (SAM) experience;
•     computer literacy (preferably including programming skills);
•     ability to understand complex financial models; and
•     ability to deal professionally with internal and external clients.

Additional requirements are as follows:

•    knowledge of the Insurance Act 18 of 2017;
•    knowledge of the Prudential Standards;
•    knowledge of the risks that insurers take;
•    ability to influence, build and maintain relationships; and
•    reliable own transport, as the position requires travel between the PA’s temporary offices in Irene and the offices of supervised entities that are generally outside of Pretoria.
 

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 or her competence and experience.

HR Business Partner X3 

Job Description

Brief description

We are seeking a seasoned HRBP to join our team. In this pivotal role, you will partner closely with leaders to drive strategic HR initiatives and ensure alignment with organisational goals. Your expertise will be instrumental in shaping our people strategy, fostering a positive culture and optimising HR processes. This will be achieved by providing end-to-end human resources (HR) services and developing strong relationship with the client departments, whilst interpreting business challenges into relevant HR interventions. 

Detailed description

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

• Guide and facilitate strategic HR processes such as performance management, organisation development, talent management, leadership development, diversity, workforce planning and succession planning within client departments.
• Manage end-to-end recruitment for roles at all levels, to attract and hire top talent. 
• Guide and facilitate the end-to-end Performance Management (PM) process as well as provide training to client departments where necessary.
• Support the implementation of talent development plans to enhance capabilities and oversee succession planning to ensure a pipeline of future talent.
• Facilitate the job analysis and profiling process within functions of the client department, for the purpose of design or redesign of functional structures and jobs in line with organisational requirements. 
• Provide guidance in relation to Rewards in line with relevant policies and guidelines.
• Facilitate Employee Relations (ER) matters of varying complexity to conclusion, pre-empt and mitigate related risk.
• Champion and apply change management principles in implementing HR interventions and foster a positive and inclusive organisational culture within the client departments. 
• Facilitate the implementation of HR policies, processes and procedures, create awareness as needed, and ensure compliance thereof. 
• Collaborate with leaders to understand their strategic objectives and challenges and develop and implement HR strategies that align these objectives.
• Ensure fair and consistent application of people management practices within client departments.
• Identify emerging HR trends and potential risks and advise on the potential impact on the business as well as provide input into action plans to address emergent issues.
• Gather relevant HR data, analyse it, and leverage insights to inform decision-making through reporting.

Qualifications

Job requirements

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

• A minimum of a B degree (NQF 7) in Human Resources Management/Social Sciences/Business Administration OR any other relevant qualification
• A minimum of 5 – 8 years of experience in Human Resources Management 

Additional requirements include:

• Industry, organisational and business awareness knowledge and skill 
• HR strategy knowledge and skill
• Organisational design knowledge and skill
• HR transformation knowledge and skill
• Change management knowledge and skill
• Talent planning and acquisition knowledge and skill
• Reward and recognition knowledge and skill
• Employee relations knowledge and skill
• HR reporting knowledge and skill

Behavioural Competencies

• Driving for results
• Effective communication
• Collaboration
• Teamwork-oriented approach
• Building & maintaining relationships
• Service & stakeholder focus
• Impact and influence
• Analysing & problem solving
• Planning & organising
• Judgement & decision making
• Conceptual thinking
• Attention to detail 

Manager – HR Operations, Knowledge Management & Capability Building

Job Description

Brief description

The role will be responsible for leading the HR Administration team and supporting the Human Resources Department in managing knowledge, developing capabilities, and driving efficiency in HR processes. This role ensures the effective sharing of HR related information, the continuous enhancement of HR capabilities, and the maintenance of quality documentation within the organisation. The Manager HR Operations, Knowledge Management & Capability Building plays a crucial role in fostering a collaborative learning culture and driving process improvements to support both HR Operations and the HCM Cloud and custom-designed systems.

Detailed description

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

• To apply knowledge management principles and practices to efficiently capture, organise, and disseminate HR-related information within the team. 
• To develop, manage and maintain all processes, policies, and procedures to ensure accurate and up-to-date knowledge resources for the team and stakeholders.
• To analyse complex HR scenarios, identifying solutions, and making informed decisions to improve HR processes and performance. 
• To monitor and manage outputs of the HR administration team members on an ongoing basis, manage workflows, monitor quality, turnaround times and deliverables in accordance with pre-scheduled responsibilities, ad hoc activities or projects.
• To foster a positive work environment and drive high performance by guiding and mentoring team members and encouraging their professional growth and development.
• To manage employee relations (ER) issues affecting team members and escalate where necessary.
• To design and deliver effective training programs and workshops in collaboration with required resources to enhance the skills and knowledge of relevant team and stakeholders such as Senior HR Administrators, HR Administrators, Process Owners, Managers and Employees.
• To create and maintain comprehensive documentation, knowledge articles, and training materials to support HR Operations and the HCM cloud solution.
• To drive change initiatives related to knowledge management and capability development, fostering adoption and continuous improvement.
• To leverage tools, HR technology platforms, including HCM cloud solution and knowledge management systems for efficient knowledge sharing.
• To track and evaluate the effectiveness of knowledge management initiatives and training programs, making data-driven improvements.
• To ensure the accuracy, relevance, and consistency of knowledge resources, conducting regular audits and updates.
• To be responsible for governance, risk and compliance of the section. Identify and mitigate all risks related to own function.
• Manage relationships with internal and external stakeholders to understand their needs and align services delivered and development efforts accordingly.
• To be responsible for the maintenance of the on-premise HR ERP modules and HCM cloud modules that support the various transactions of the Human Resources Department (HRD) in as far as this relates to HR administration.
• Stay abreast and up to date with industry trends and best practices in knowledge management and capability development, seeking opportunities for continuous improvement.

Qualifications

Job requirements

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

• A minimum of an Honours degree in Human Resources OR equivalent combination of education and job-related experience
• A minimum of 8 -10 years of experience in HR and/or related environment
• Experience in training and capability development
• Experience in leading and developing a team 
• Experience with Oracle Fusion HCM Cloud Solution or other HCM Cloud platforms (e.g. SAP Success Factors, Work Day) is a plus 

Job Related Knowledge and Skills Requirements:

• 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
• HR strategy Knowledge and skill
• HR planning knowledge and skill
• HR legislation, governance, risk and compliance knowledge and skill
• HR information management knowledge and skill
• HR reporting knowledge and skill
• HR service delivery knowledge and skill
• Change management Knowledge and Skill
• Proficiency in HRMS systems and knowledge management platforms.
• Presentation skills 

Behavioural Competencies

• Driving results
• Developing and growing others
• Effective communication
• Collaboration
• Teamwork-oriented approach
• Building & maintaining relationships
• Service & stakeholder focus
• Analysing & problem solving
• Planning & organising
• Judgement & decision making
• Conceptual thinking
• Adaptability and flexibility in a dynamic environment

Service Assistant – Johannesburg Cash Centre

Job Description

Brief description

The main purpose of this position is to clean designated facility areas and ensure a hygienic environment for employees and visitors of the Johannesburg Cash Centre of the South African Reserve Bank.

Detailed description

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

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

Qualifications

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

• a minimum of a Grade 12 or an equivalent qualification. 

The following would be an added advantage: 

• some experience in a service-related environment. 

Additional requirements include:

• quality assurance skills;
• team work skills; and
• flexibility.

Accounts Clerk: Banking Services

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.

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We wish you all the best with your applications