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Administrator- Management Support
Brief description
The purpose of this position is to perform administrative support functions within the Cape Town Cash Centre of the South African Reserve Bank (SARB), to support its programmes and overall operations.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Engage in short-term planning and perform the tasks defined in the work plan, in collaboration with the team leader.
- Perform general administrative tasks in support of the programmes and overall operations of the Cape Town Cash Centre, including records management, correspondence and procurement-related matters.
- Perform general administrative tasks in support of the Cape Town Cash Centre’s financial administration and ensure the timely submission of accurate payment information.
- Support the team leader in his/her role as a sub-records manager and training, facilities, information technology (IT) and fixed assets representative as well as in effectively managing the requirements and resources of Cape Town Cash Centre.
- Provide support to the team leader in the monitoring and maintenance of the business continuity planning (BCP) process and Occupational Health and Safety Act 85 of 1993 (OHS Act) responsibilities, where appropriate.
- Provide support in the coordination of the Cape Town Cash Centre’s risk and compliance management processes as well as in the maintenance of its risk matrices and action plans emanating from internal and external audits.
- Provide administrative support in the preparation of the annual budget and the monitoring of budget-related expenditure.
- Engage effectively with stakeholders within and outside of the Cape Town Cash Centre that render services to the Cash Centre.
- Perform administrative duties on an ad hoc or projects basis, as requested by the team leader, while ensuring compliance with relevant guidelines, standards and policies.
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Qualifications
Job requirements
To be considered for this position, candidates must have:
- a post-matric certificate (NQF 5) in Administration, Risk and Compliance, Governance and/or Records Management; and
- one to three years’ experience in a management support environment.
Associate Investigator
Brief description
The main purpose of this position is to investigate non-compliance of regulated entities with relevant legislation and to facilitate sanctions and enforcement decisions taken by the Prudential Authority (PA), including the resolution of failed non-systemically important supervised institutions.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Work closely with the Senior Manager in developing standards, processes and procedures related to investigations within the PA.
- Analyse and provide guidance to the frontline teams in relation to the execution of sanctions and enforcement decisions.
- Conduct investigations into matters relating to the possible non-compliance of regulated entities with relevant legislation (e.g. banking- and insurance-related legislation).
- Report investigation findings and provide recommendations to the relevant authority within the PA.
- Provide secretariat support services to the PA Regulatory Action Committee, including, but not limited to, the preparation of agendas and minutes.
- Support the Chief Executive Officer (CEO) of the PA in following up on and actioning matters and ensuring that the decisions thereon are implemented.
- Ensure that matters of non-compliance of regulated entities with relevant legislation are appropriately channelled and addressed.
- Maintain a database of matters relating to regulated entities’ non-compliance with relevant legislation.
- Promote awareness across the PA with regard to the processes and procedures of matters relating to regulated entities’ non-compliance with relevant legislation.
- Work closely with the Senior Manager in developing standards, processes and procedures related to the resolution of failed non-systemically important supervised institutions.
- Engage with internal and external stakeholders, displaying the ability to solicit information and to communicate a clear and coherent message.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- at least two to five years’ experience in litigation, compliance and/or forensic work (i.e. the investigation or prosecution/litigation of commercial cases) and
- a relevant Bachelor’s degree in Law, Compliance or Finance.
The following would be an added advantage:
- an applicable Honours degree; and
- knowledge of, and experience in, insolvency law and/or insolvency proceedings.
Additional requirements include:
- proven forensic skills and/or in-depth knowledge of the law of evidence;
- good command of the English language and sound report writing abilities;
- experience or sound knowledge in the banking and/or insurance industries;
- interviewing knowledge and skill, including under-oath interviews;
- the ability to gather and analyse evidence and information;
- investigations report writing knowledge and skill, with a particular focus on accurate referencing to underlying evidence;
- the ability to provide useful litigation assistance to the PA and relevant external agencies;
- recovery of capital knowledge and skill; and
- investigations administration knowledge and skill.
Business Analyst x2
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.
Senior Actuarial Analyst
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 actuarial risks in insurance entities. The successful candidate 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 actuarial risk management area.
Detailed description
The successful candidates will be responsible for, among other tasks, the following:
- Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following:
- scrutinising the financial soundness of life insurers;
- participation in on-site visits to life insurers; and
- the consideration of internal model approvals.
- Scrutinise and check the compliance of submissions by 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
Job requirements
To be considered for this position, candidates must be in possession of:
- have a relevant Postgraduate degree in Actuarial Science;
- be actively pursuing studies and ideally have passed or been exempted from all part A1 and part A2 subjects plus the A301 subject of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
- eight to ten years’ relevant working experience, preferably in the 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.
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
Brief description
The main purpose of this role is to compile accurate, high-quality economic statistics related to monetary and banking matters, ensuring they adhere to international guidelines such as the Monetary and Financial Statistics Manual and Compilation Guide.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Gather, compile and analyse statistics related to monetary and banking matters and share the findings with senior specialists.
- Collect, update and analyse statistics on deposits and loans extended by banks.
- Collect, update and analyse statistics on money-market interest rates, including rates on deposits and loans extended by banks.
- Manage and process data across all relevant economic indicators and disciplines related to monetary and banking statistics, maintaining a comprehensive and accurate database.
- Verify the accuracy of received and processed data, validate source data and frequently consult with data providers.
- Assist in various departmental projects.
- Consult with internal and external data providers.
- Provide statistical information to both internal and external parties, applying methodological standards to ensure adherence to international best practices.
- Stay updated on new research and statistical methodologies, considering their implications on your work.
- Analyse data and statistics using business intelligence tools to identify trends and present analytical findings in written reports, including graphs and tables.
- Assist with presentations, general administrative tasks and other ad hoc requirements of the division.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- an Honours degree in Economics, Statistics, Data Science or a related field, including some accounting background;
- two to five years’ experience in economic analysis, research or macroeconomics, microeconomics or financial economics;
- a proven history of conducting and delivering high-quality economic analyses;
- proficiency in using Microsoft Office products such as MS Word, Excel and PowerPoint as well as the ability to use tools (functions and formulas) to organise, analyse and adjust data; and
- the ability to program in ‘R’ and/or Python will be an added advantage.
Additional requirements include:
- a strong interest in statistics and economic analysis, with a passion for applying statistical principles to real-world economic data;
- knowledge of international statistical manuals and best practices such as the Monetary and Financial Statistics Manual and Compilation Guide;
- a basic understanding of the generic statistical business process model;
- knowledge of the SARB’s monetary policy implementation framework;
- excellent time management skills, capable of thriving in a deadline-driven environment while maintaining high-quality work;
- the ability to work both independently and within a team or project environment;
- strong report-writing skills and the ability to present complex statistical data and analyses clearly and concisely;
- an affinity for compiling statistics;
- initiative and problem-solving abilities;
- excellent communication and people skills;
- analytical skills; and
- keen attention to detail.
All candidates shortlisted for the position will undergo a basic writing exercise to assess relevant technical writing skills required for the job.
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.
Programme Manager X2
Brief description
The main purpose of this position is to manage programmes within the Prudential Authority (PA) and ensure that projects are delivered according to specification, within budget and on time.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Prioritise projects and new requests in collaboration with the relevant business and stakeholders to enable strategic alignment and optimal resource allocation.
- Facilitate the development of the business case and project initiation documents in accordance with Programme Management Office (PMO) methodology to define and approve the purpose and business motivation.
- Allocate project managers and negotiate and agree to the allocation of project team members to ensure effective skills utilisation.
- Oversee output by project managers ensuring compliance with the South African Reserve Bank (SARB) programme and project methodology where delivery is according to the approved schedule, within budget, specifications and quality standards.
- Fulfil the line management function pertaining to development and performance of project managers and administrators within the team.
- Coach and mentor project managers and administrators within the team, providing leadership and motivation.
- Conduct required programme meetings to consolidate reporting, manage risks and constraints, thereby ensuring cohesion, consistency and integrity of output.
- Manage specific projects as and when required in accordance with workload or as assigned.
- Engage and present to senior level stakeholders within the PA and the SARB at various stages of the different life cycles of the projects.
- Oversee the delivery of project benefits and monitor post-implementation reviews to ensure sustainability of project solutions.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- a postgraduate qualification (NQF 8) in Business Management, Project Management or any related field;
- 8–10 years of job-related experience in Project, Programme or Business Management.
Additional requirements include:
- facilitation;
- promoting teamwork;
- planning and organising;
- conceptual thinking;
- effective communication;
- driving results;
- service and stakeholder focus;
- judgement and decision making;
- impact and influence;
- analysis and problem solving;
- resilience;
- managing complexity and ambiguity; and
- knowledge and skills in:
- industry, organisational and business awareness;
- quality assurance;
- continuous improvement;
- continued learning and/or professional development;
- project management;
- project portfolio and programme management;
- project reporting;
- project cost management; and
- contract and service 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.
Data Steward
Job Description
The successful candidate will be responsible for, among others, the following key performance areas:
- Prepare and provide accurate and reliable data and information in support of strategic decisions.
- Acquire new data sources to enable effective departmental decision making.
- Identify and manage data assets within the domain, ensuring alignment and integration across elements.
- Create and maintain consistent metadata to ensure clear and precise data definition, while complying with legislative, quality and security requirements.
- Develop and maintain business metadata for published data sources, ensuring that it is easily discoverable and meaningful to information consumers.
- Provide relevant data for appropriate consumers within the SARB Group and relevant stakeholders and monitor published data sources for feedback on usage, relevance and quality.
- Ensure that the assigned data element is current and does not conflict with other data elements in the metadata registry and ensure consistency in data usage across various systems.
- Monitor and improve data quality through defined metrics, continuous feedback loops and proactive issue resolution.
- Proactively identify and resolve data integrity and quality issues.
- Stay current with developments in all functional areas relevant to information management and ensure appropriate application thereof.
- Propose and implement the refinement and continuous improvement of systems, tools, methods and processes in own area.
- Represent the SARB’s NPSD at the Data Stewards Council.
Qualifications
To be considered for this position, candidates must be in possession of:
- a Bachelors degree in Computer Science, Information Technology (IT), Mathematics or an equivalent qualification at NQF 7 level; and
- five to eight years’ experience in data governance, data architecture or metadata management.
The following would be an added advantage:
- DAMA-certified data management professional (CDMP) or similar data management certification.
Additional requirements include:
- enterprise information management (EIM) legislation, governance, risk management and compliance knowledge and skill;
- EIM reporting knowledge and skill;
- information governance knowledge and skill;
- data security knowledge and skill;
- reference and master data knowledge and skill;
- metadata management knowledge and skill;
- data quality management knowledge and skill;
- knowledge of the Data Product Life Cycle (DPLC);
- continuous improvement knowledge and skill;
- competency in the use of Microsoft (MS) Office software packages (e.g. MS Excel, MS Word and MS PowerPoint);
- excellent verbal and written communication skills (including presentation and report-writing skills);
- analytical and problem-solving skills;
- judgement and decision-making skills;
- planning and organising skills;
- a drive for results;
- building and managing relationships;
- a stakeholder and client focus;
- impact and influence;
- flexibility; and
- innovation and creativity.
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
Project Manager
Brief description
The main purpose of this position is to manage projects within the National Payment System Department by leading, planning, organising and controlling resources in accordance with the South African Reserve Bank’s (SARB) approved project management methodology to deliver the project scope and objectives according to specification, on time and within budget.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Direct and coordinate the activities of project resources to ensure the project progresses according to the approved schedule and produces the expected deliverables, within budget and according to specification and quality standards.
- Define the project scope/brief and work breakdown structure in collaboration with key stakeholders to ensure a common understanding of deliverables and the approach.
- Produce comprehensive project management plans, including scope, quality, risks, time, cost, human resources, procurement, integration and communication, and ensure that these knowledge areas are regularly updated and maintained.
- Ensure that all project documentation, deliverables and reports are produced, approved and maintained in a timely manner.
- Identify and manage project risks, constraints and changes, and ensure that the project plan is managed and approved.
- Establish and manage relationships with all stakeholders, role players and service providers to ensure commitment to a common goal.
- Establish and effectively manage a multi-disciplinary project team throughout the project life cycle, clearly defining the roles and responsibilities of project team members for the delivery of project outputs.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- a relevant Bachelor’s degree in Commerce and/or Information and Communication Technology or an equivalent qualification (at NQF7 level);
- a minimum of five to eight years’ experience in project management within the payment environment; and
- sound knowledge of project management legislation, project cost management, and contract and service management.
The following would be an added advantage:
- a postgraduate qualification in project management.
Additional requirements include:
- facilitation skills;
- planning and organising skills;
- effective communication skills;
- a drive for results;
- service and stakeholder focus; and
- managing complexity and ambiguity.
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.
Personal Assistant
Job Description
The successful candidate will be responsible for the following key performance areas:
- Efficiently manage and organise the Senior Managers’ schedules, including arranging appointments and travel logistics by coordinating with relevant personnel.
- Answer, screen and address incoming telephone calls using your own judgement, handling queries or directing calls to the appropriate individuals when necessary.
- Prepare, edit and accurately format correspondence, communications, presentations and other documents, conducting basic research and analysis as needed for these tasks.
- Compile and organise project-related and other information on behalf of the Senior Managers.
- Collect and coordinate all submissions (Word, PowerPoint and other formats) required by various committees on behalf of the Senior Managers, ensuring timely delivery and high-quality standards for all submissions.
- Evaluate and enhance operating practices within your area of responsibility as needed.
- Foster positive relationships both internally and externally on behalf of the Senior Managers by engaging with members and stakeholders at all levels of seniority.
- Create and maintain a contact database for the Senior Managers’ office, along with a filling system in accordance with the SARB’s File Plan and Records Management Policy.
- Carry out day-to-day duties ethically, maintaining absolute confidentiality in all matters related to the Senior Managers’ office.
- Perform any other tasks as directed by the Senior Managers as needed.
Qualifications
To be considered for this position, candidates must be in possession of:
- a Grade 12 qualification and Secretarial Diploma; and
- a minimum of six to eight years’ experience in a corporate personal assistant or equivalent role.
Additional requirements include:
- knowledge and skills in:
- industry, organisational and business awareness;
- quality assurance;
- continuous improvement;
- continued learning and/or professional development;
- computer literacy;
- clerical and administration tasks;
- verbal and written communication;
- planning and organising;
- attention to detail;
- ability to work under pressure;
- problem-solving skills;
- adaptability;
- organisational awareness;
- building and managing relationships; and
- drive for results.
Junior Economic Statistician
Job Description
The successful candidate will be responsible for the following key performance areas:
- Enhance and maintain the database of production time series for economic indicators.
- Compile and distribute monthly ‘Economic Flash Reports’ with a comprehensive analysis of the relevant economic indicators, including producing nowcasts of these indicators.
- Stay updated on developments in the relevant economic indicators and regularly present these updates to the division.
- Assist in compiling new, high-quality and reliable economic indicators and improving existing ones.
- Assist in conducting methodological and economic research.
- Contribute to the creation of analytical and methodological notes.
- Provide inputs to the background documentation for Monetary Policy Committee meetings.
- Perform general administrative and ad hoc tasks required by the division.
Qualifications
To be considered for this position, candidates must be in possession of:
- an Honours degree in either Economics, Econometrics, Statistics or a related field.
Additional requirements include:
- a strong affinity for data, statistics and economic analysis;
- being task-orientated with excellent time management skills to operate effectively in a deadline-driven environment, often under pressure and without compromising quality;
- the ability to work independently and within a team or project environment;
- proficient report-writing skills;
- an affinity for compiling data using computerised systems;
- initiative-taking skills;
- conceptual and strategic thinking abilities;
- strong problem-solving abilities;
- skills in managing complexity and ambiguity;
- effective planning and organising skills;
- good communication and interpersonal skills; and
- 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.
Human Resources Department
Personal Assistant
Brief description
The main purpose of this position is to provide personal administrative support and assistance to the divisional heads and managers of the Financial Surveillance Department of the South African Reserve Bank (SARB).
Detailed description
The successful candidate will, among other duties, be responsible for the following key performance areas:
- Proactively manage and maintain the divisional heads and managers’ diaries.
- Where applicable, receive, screen and respond to incoming telephone calls using own initiatives, and deal with queries and/or route calls to appropriate people and formal channels.
- Assist with all logistical arrangements for appointments, meetings and travel requirements in liaison with relevant personnel.
- Coordinate with external parties attending in-person meetings with the divisional heads, managers or team members.
- Maintain positive internal and external relationships on behalf of the divisional heads and managers by engaging with members and stakeholders at all levels of seniority.
- Ensure incoming and outgoing correspondence is registered and filed in accordance with the SARB’s file plan and internal policies.
- Create and maintain a contact database for the divisional heads’ offices.
- Prepare and edit correspondence, communications, presentations, action plans and other documents, and conduct basic research and analysis where necessary for this purpose.
- Take, prepare and distribute accurate minutes for management meetings, divisional meetings and other committees and projects.
- Collate and coordinate project-based and other information on behalf of the divisional heads and managers.
- Review operating practices in own area and implement improvements where necessary.
- Perform day-to-day duties in an ethical manner that involves maintaining absolute confidentiality in all matters related to the divisional heads’ offices.
- Execute any other tasks as instructed by the divisional heads and managers, as and when required.
Qualifications
To be considered for this position, candidates must be in possession of:
- a Grade 12 certificate and a Secretarial Diploma or equivalent qualification; and
- a minimum of two to five years’ experience in corporate personal assistance or a similar role.
Additional requirements include:
- knowledge of and skills in:
- industry, organisational and business awareness;
- quality assurance;
- continuous improvement;
- computer literacy;
- clerical and administration;
- effective verbal and written communication skills;
- proficiency in Microsoft Office;
- attention to detail;
- ability to work under pressure;
- adaptability;
- planning and organising capabilities;
- problem-solving and prioritisation abilities;
- building and managing relationships; and
- a drive for results.
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.
The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.
Manager – Change Management Office
Brief description
The main purpose of this position is to lead, direct and monitor the change management portfolio within the Business Solutions and Technology Department (BSTD) of the South African Reserve Bank (SARB). This includes managing a change portfolio of large-scale digital transformation change initiatives, developing and implementing governance and oversight processes, and building change capability to realise organisational strategy.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Lead the change management portfolio within BSTD, ensuring effective resource planning and management to maintain appropriate levels of professionalism in change management.
- Oversee the delivery of the change management portfolio (all departmental programmes and projects), with a specific focus on major deliverables and milestones by comparing actual performance to planned performance.
- Work closely with the Enterprise Change Management Team and Project Management Office Manager to provide input into the development of the change management framework and leading practice change tools as well as ensure the consistent and accurate implementation thereof.
- Lead the application of a structured change management approach and methodology to address the people impact of change resulting from the implementation of large-scale strategic programmes and initiatives developed by the Change Management Centre of Excellence within the SARB.
- Manage integration across programmes executed in Agile and Waterfall to develop insights and trends for decision-making, prioritisation and risk mitigation.
- Prioritise programmes, projects and new requests in collaboration with the relevant business and stakeholders to enable strategic alignment, optimise resource allocation and ensure effective skills utilisation.
- Provide consolidated and integrated reporting by using advanced analytics for a single view of the change management function within BSTD.
- Manage relationships with key internal and external business stakeholders to facilitate cross-functional collaboration and ensure an aligned change management approach.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- a minimum of an Honours degree in Human Sciences or Business or an equivalent NQF 8 qualification;
- relevant change management certifications (e.g. PROSCI);
- a minimum of eight years’ experience in large-scale organisational project and programme change management environments, with at least five years specifically in information technology (IT) change management.
Additional requirements include:
- emotional maturity to influence a variety of stakeholders to achieve successful change outcomes in the context of natural resistance to change;
- the ability to deliver within a context of multiple and conflicting ambiguous demands and dependencies;
- managing relationships and executing change management strategies virtually; and
- working with various work entities (e.g. vendors and different department cultures) to integrate the change initiative.
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.
The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.
Manager – Information Flow
Brief description
The purpose of this role is to ensure the effective management of foreign exchange through monitoring the compliance with the Exchange Control Regulations and the Currency and Exchanges Manual for Authorised Dealers including overseeing the collection, analysis and monitoring of cross-border information to ensure compliance with the relevant regulatory frameworks including the Exchange Control Regulations, the Currency and Exchanges Manuals for Authorised Dealers and Authorised Dealers with Limited Authority and FinSurv Reporting System Operations Manual & Technical Specification Document.
Detailed description
The successful candidate will be responsible for, among other duties, the following key performance areas:
- Give strategic and leadership direction to the division.
- Fulfil the line management function pertaining to the development and performance of the team.
- Contribute to the compilation of divisional operational plans and take responsibility for the implementation as well as the monitoring thereof.
- Manage quality, facilitate delivery of the unit-specific outputs, clarify roles and responsibilities, and optimise and manage unit resources.
- Take responsibility for the planning of work and improvement of workflow for the division.
- Make suggestions for refining South African Reserve Bank (SARB) policies, processes and systems. Provide input to stakeholders such as National Treasury and the South African Revenue Service (SARS) in terms of policy enhancement and formulation.
- Manage the processing and authorisation of applications as well as act as the signing authority within prescribed parameters.
- Manage the risk-based inspection process from end to end to ensure for adequate preparation, the completion of related administration, team leadership during inspections and effective reporting.
- Design and manage the maintenance of a management information system for consistent and accurate reporting of relevant information to senior management.
- Facilitate collaboration with other divisions, including external stakeholders and functions impacting work.
- Serve on various committees and ad hoc working groups as and when required.
- Perform ad hoc duties and participate in special projects as and when required.
- Lead stakeholder engagements (internal and external), displaying the ability to solicit information as well as delivering a coherent and convincing message.
- Identify and mitigate risks related to own function and ensure compliance with the relevant governance frameworks.
- Stay current with markets developments (e.g. changes to exchange control policies, rules and regulations, new products).
Qualifications
To be considered for this position, candidates must be in possession of:
- an Honours degree in Economics, Accounting, Informatics, Statistics, Finance or Banking or an equivalent (NQF 8) qualification;
- a minimum of 8–10 years’ job-related experience in either exchange control, banking, financial markets or a relevant regulatory environment; and
- at least two years’ experience in managing teams.
Additional requirements include:
- knowledge of:
- application of exchange control regulations and the Currency and Exchanges Manuals for Authorised Dealers and Authorised Dealers with Limited Authority;
- the financial surveillance reporting rules and systems;
- the regulatory environment and keeping abreast with markets developments and new products;
- experience relating to inspections; and
- risk management and compliance practices and standards.
- skill in:
- Leading and managing change
- Promoting team work
- Developing and growing others
- Effective communication
- Building and maintaining relationships
- Service and stakeholder focus
- Planning and organizing
- Problem solving and analysis
- Driving results
- Established focus
- Impact and influence
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.
The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.
Senior Technical Specialist (Applications)
Brief description
The main purpose of this position is to drive as well as lead the support, maintenance and enhancement of all Business Solutions and Technology (BSTD) applications to ensure systems’ availability, health and optimal performance.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Drive or lead the monitoring of the underlying Business Intelligence environments (databases and application servers) to ensure capacity management, systems availability and optimal long-term performance.
- Provide recommendations in BI Solution implementations on hardware and software configuration.
- Exposure to BI Technologies such as SAS, Microsoft Power BI, Oracle Data Integrator, Oracle Analytics Server (OAS), Informatica and OBIEE.
- Take responsibility for ensuring system availability, configuration, upgrades and general support for all BSTD applications.
- Take responsibility for driving enhancements of all BI applications through the installation of new features and configuring of solution architecture throughout the application lifecycle to ensure delivery of new functionality.
- Provide guidance and technical input to resolving high complexity issues across all BI applications.
- Lead engagements with cross-functional stakeholders and take responsibility for managing the relationship.
- Keep abreast of industry best practices and technologies, and lead implementation thereof to optimise effective and efficient business applications.
- Impart knowledge of the technical environment to the system development team.
- Proactively identify and drive initiatives to ensure compliance and adherence to security and application standards across all BSTD applications.
- Identify and manage the mitigation of risks relating to all BI applications.
- Provide reporting and recommendations on solution performance and system availability to senior management and relevant stakeholders.
- Assist and develop application technical specialist by providing technical guidance, quality assure and take accountability for the output specialists.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- a Bachelor Degree (NQF 7) in Computer Science, Information Management/Information Technology or equivalent qualification; and
- eight to ten years of experience in supporting, maintaining and enhancing the business intelligence and collaborations environments.
Additional requirements include:
- effective communication;
- judgement and decision-making;
- client and stakeholder focus;
- drive for results;
- planning and organising;
- problem-solving and analysis;
- conceptual thinking; and
- building and managing 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.
Senior Macroprudential Specialist
Job title: Senior Macroprudential Specialist
Location: Head Office, Pretoria
Organisation: Macrofinancial Vulnerabilities Division
Department: Financial Stability Department
Brief description
The main purpose of this position is to lead the development and implementation of stress-testing frameworks aimed at promoting stability within the financial system. This involves conducting quantitative analyses to identify potential systemic risks and providing guidance to policymakers on the resilience of financial institutions under various stress scenarios.
Detailed description
The successful candidate will be responsible for, but not limited to, the following key performance areas:
- Lead the development and implementation of top-down and bottom-up stress-testing frameworks, including methodologies, processes and models.
- Conduct stress-testing exercises and report the results to policymakers.
- Do research to inform the assumptions and relationships that underpin the relevant models.
- Investigate macroeconomic stress testing and possible financial stability risks to detect systemic vulnerabilities early and provide detailed reports on the findings.
- Build economic models to test the resilience of financial institutions.
- Demonstrate an understanding and application of all methodological standards, techniques and protocols relevant to the work.
- Prepare briefings and presentations on stress-test results, research findings and economic analyses and present these to internal and external stakeholders.
- Support the skills development of junior specialists by providing guidance on the subject matter in your scope of work.
- Independently deliver work and determine deliverables from a range of prescheduled and ad hoc team responsibilities.
Qualifications
Job requirements
To be considered for this position, candidates must have:
- a Master’s degree in either Economics, Econometrics, Mathematics, Statistics or Actuarial Science, or an equivalent qualification;
- a minimum eight years’ job-related experience with a background in stress testing, model development and/or quantitative analysis of systemic risk in the financial sector; and
- experience in relevant programming languages, such as Python, Matlab and ‘R’ will be an added advantage.
Additional requirements include:
- proven facilitation and presentation abilities (considered an advantage);
- sound knowledge of economic and financial theories and macroprudential policies;
- an understanding of stress testing of the banking/insurance sectors or a similar environment;
- knowledge of the insurance and banking regulatory frameworks and international standards;
- experience in macroeconomic and/or microeconomic modelling;
- proficiency in project management and risk management;
- excellent interpersonal, verbal and written communication skills; and
- proficiency in using Microsoft Office products, including Word, Excel and PowerPoint.
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.
The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.
Senior Economic Statistician
Brief description
The main purpose of this position is to oversee and manage all relevant activities across the statistical value chain (SVC) for the compilation of high-quality integrated economic statistics for South Africa’s integrated economic accounts (IEA) with specific focus on the financial corporations’ sector, in compliance with international methodology, and to conduct in-depth research and analysis in this specialised field. In this position you will be required to evaluate and provide appropriate recommendations on research and analysis in this specialised field, as well as to lead special projects as required.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Drive the data sourcing strategy to ensure delivery of timely delivery of high-quality IEA statistics in the context of the macroeconomic statistics ecosphere.
- Oversee the production and dissemination of high-quality of IEA statistics and associated macroeconomic indicators in the context of applicable macroeconomic statistical domains.
- Initiate and lead interactions to improve the quality of sourced input data.
- Lead activities contributing to the monitoring, assessment and updating of sectoral macroeconomic landscapes within the South African economy.
- Lead research efforts to improve statistical compilation methods for the IEA.
- Ensures the application of international methodologies, guidelines and best practices in the compilation and research associated with the outpits of the IEA statistics.
- Drive compliance of IEA statistics with relevant governance frameworks, policies, procedures and legislative requirements across all applicable elements of the SVC.
- Lead and coordinate the compilation of various statistical outputs and publications (i.e. statistical tables, graphs and reports and Quarterly Bulletin) ensuring that the statistics reconcile with historical trends and all related macroeconomic statistical domains.
- Develop and coordinate reports, analytical outcomes, research findings and present findings to the senior management of the department and, where applicable, to South African Reserve Bank management and domestic and international external stakeholders.
- Proactively lead and provide support in engagements with external forums and/or contribute to the development of national statistical standards, classification, frameworks and protocols by actively participating in interactions such as workshops and seminars.
- Stay abreast with emerging research in the area of specialisation and statistical methodologies and recommend improvements in methodologies relevant the area of specialisation
- Actively participate in senior-level meetings (including meetings for the Monetary Policy Committee and Financial Stability Committee), sharing information pertaining to areas of specialisation when required.
- Drive statistical projects and coordination activities in the IEA environment and put processes in place to improve the quality of compiled statistics.
- Provide input related to project-based performance appraisals for team members and provide input into the overall performance evaluations, where appropriate.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- an Honours degree specialising in economics or a related field;
- eight or more years’ experience in economic statistics field;
- 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 will be added advantage:
- a master’s degree in economics or a related field
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;
- analytical skills and a keen attention to detail;
- industry, business and organisational knowledge and skill;
- knowledge of statistical validation and quality control;
- knowledge of economic and/or financial market analysis principles, theories, practices, methodologies and tools knowledge and skill;
- strategic thinking skills;
- ability to manage and lead complex projects and activities;
- leading and adapting to change;
- planning and organisational skills; and
- interest in continuous development and capacitating others.
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 Credit Risk Analyst
Brief description
The purpose of this position is to realise the responsibilities of the Risk Support Department of the Prudential Authority (PA) in respect of the supervision and regulation of credit risk in banks, insurers and financial market infrastructures (collectively referred to as regulated financial institutions). This includes being involved in operational duties associated with on- and off-site analysis as well as being part of a team of risk specialists who are responsible for providing specialist knowledge, skills and experience in the credit risk management area.
Detailed description
The successful candidate will, among others, be responsible for the following key performance areas:
– Conduct research and provide input into the regulatory frameworks of the regulated financial institutions (e.g., the Banks Act 94 of 1990, Insurance Act 18 of 2017, Regulations relating to Banks, Prudential and Joint Standards, circulars, directives, guidance notes, etc.) in line with international best practices.
– Stay abreast of international best practices and developments surrounding credit risk.
– Ensure widespread knowledge and understanding throughout the PA of the concepts and developments in the field of credit risk.
– Ensure regulated financial institutions’ compliance with regulatory requirements applicable to credit risk.
– Review and evaluate the strategies, policies, procedures and practices related to the granting of credit and the ongoing management of the portfolios of regulated financial institutions.
– Develop analytical methods to analyse and interpret risk-based regulatory data submissions.
– Prepare detailed reports based on the outcome of the analysis performed.
– Monitor exposures to credit risk, as reported to the PA under applicable and approved methodologies.
– Provide specialist credit risk support.
– Contribute to risk-based meetings with regulated financial institutions and their auditors.
– Interact with external credit assessment institutions when necessary.
– Participate in the internal capital adequacy assessments (ICAAP) of banks and the own risk and solvency assessments (ORSA) of insurers.
– Inform the PA of the aggregate behaviour of regulated financial institutions regarding credit risk.
– Assist the team with other functions, as may be required from time to time, in line with the PA strategic and operational objectives.
Qualifications
To be considered for this position, candidates must have:
• a relevant Postgraduate qualification (NQF 8) in Accounting, Financial Management, Risk Management or Banking); and
• two to five years’ relevant working experience in the financial/banking/regulatory sector or in risk management.
Additional requirements include:
• knowledge of the risks facing regulated financial institutions;
• knowledge of financial products;
• good working knowledge of Microsoft Office software packages (i.e. Word, Excel and PowerPoint) and other related software packages;
• innovative analytical/problem-solving skills;
• strong verbal and written communication skills;
• ability to work in a team and contribute to team success;
• decision-making abilities with the ability to initiate action; and
• effective time management 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.
We wish you all the best with your applications
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