SARB Jobs

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

Senior Artisan: Electronics

Job Description

Brief description

The main purpose of this position is to maintain and install electronic related systems and sub-systems (intermediate maintenance) to optimise building systems at the South African Reserve Bank (SARB).

Detailed description

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

Engage in short term planning and perform tasks independently in accordance with set standards and procedures.
Perform fault-finding for sub-systems (intermediary) by applying set or modified techniques within a defined context.
Conduct preventative and corrective maintenance in the electronic related systems and sub-systems or equipment and determine possible component failure to enhance system capability.
Test all work and close out assigned job cards (work orders) on maintenance and project work.
Interpret work instructions and drawings concerning construction, alterations/modifications, enhancements, maintenance and operational projects in the electronics and related environment.
Apply South African National Standards (SANS) and the standards of the International Organization for Standardization (ISO) to comply with safety and health requirements.
Perform quality assurance on work done by external service providers for adherence to industry requirements and manage non-conformance and/or report to the team-leader.
Prepare and submit reports, as per Service Level Standard (SLS), using standard template (job cards and non-conformance reports) highlighting work completed and problem areas.
Engage positively with stakeholders and clients (including handling clients’ complaints and compliments).
Adhere to OHS standard within SARB and enforce compliance when working with external service providers.
Keep abreast with and upskill/familiarise self on new technology/ equipment to enable performance of new tasks and activities against the required standard (Manufacturers’ Manual or engineer’s instructions).

Qualifications

Job requirements

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

a Matric/Grade 12 Certificate a must have.
an N4 level technical qualification or higher.
a nationally recognised trade test in electronics and electronics automation
three to five years’ experience (post learnership and technical trade).
In possession of a valid driver’s licence.

Additional requirements include:

verbal communication skills
drive for results
learning focus
teamwork
service and stakeholder focus
problem solving
conscientious
Able to interpret electronics circuit drawings and building drawings.
Understanding of CMMS (Computerized Maintenance Management System)
engineering and planning knowledge and skill.
facilities, engineering and reporting knowledge and skill.
facilities, engineering and information management knowledge and skill.
communication skills in English (verbal and written).
computer literacy (i.e. the Microsoft Office suite); and
the ability to work overtime and do standby duties when required. (i.e. residing within 30 minutes reach distance from the Bank)
Have own transport.

Click here to apply

Information Technology Internship (Grow-IT specialising in AI)

Job Description

Brief description

The South African Reserve Bank (SARB) invites all passionate, innovative and talented applicants to apply for its 2027 Information Technology Internship (Grow-IT). Through this programme, the SARB actively contributes to addressing scarce and critical skills needs.

Grow-IT is an internship programme aimed at addressing the current and future skills needs of the SARB’s Business Solutions and Technology Department (BSTD), supporting departmental strategy and workforce planning. This includes capacity and capability building, succession planning and developing future talent within the department.

During the programme, learners will gain the necessary technical and behavioural competencies based on their areas of specialisation.

Format of the programme

Successful applicants will be placed within the information technology (IT) environment to acquire all the required competencies.

The duration of the programme is a one-year contract (with an option to extend).

Qualifications

Requirements

To be considered for this internship, candidates must:

either have a National Diploma in IT (NQF 6); a Bachelor’s degree in Computer Science, Mathematics, Statistics or IT, with exposure to artificial intelligence (AI) and data engineering; or a BTech degree in Computer Science Engineering, AI and Machine Learning or Data Science (NQF 7);
be a South African citizen;
be between the ages of 18 and 35 years; and
be curious, self-motivated and innovative.

The following will be an advantage:

Familiarity with working in cloud platforms (Google, AWS, Microsoft Azure)
Python programming language
Basic understanding of Model Context Protocol (MCP)

The focus for this intake would be AI.

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.

Click here to apply

Senior Business Analyst

Job Description

Brief description

The purpose of this position is to lead end-to-end business analysis services team to identify business needs, determine solutions and enable improvement in organisational processes within South African Reserve Bank’s (SARB) departments.

Detailed description

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

Develop comprehensive business cases for proposed solutions to the identified business problems and needs.
Drive business analysis initiatives and lead a team on projects of a high-risk and multi-year nature characterised by an elevated level of solution complexity, from initiation to implementation.
Develop a partnership role with business owners and interact with clients independently to define future business requirements, identify opportunities for optimisation and develop and propose solutions.
Lead and present engagements with business customers, taking responsibility for managing the relationship and interface with the customer for the business analysis and optimisation streams.
Lead the analysis/solution life cycle for initiatives, from problem identification to the management of change requirements and training.
Engage in multiple initiatives simultaneously and consult with the relevant project managers and stakeholders.
Provide quality assurance of the work and outputs of other business analysts.
Provide substantive input to support other disciplines (e.g. systems development, project management and change management).
Participate in external industry business analysis forums to contribute to developing and furthering the business analysis body of knowledge.
Improve and standardise work processes during own work and ensure application of standards and methods are applied by the team.
Support business architects in defining, analysing and developing the business architecture, reference model, framework and implementation roadmaps required to enable the strategy.
Stay abreast of changes to analytical tools and methodologies and apply these in the course of own work.
Actively develop own expertise and support and encourage the skills development of other business analysts to build a strong and competent team.
Engage and influence stakeholders by negotiating timelines, deliverables, priorities and resources.
Lead and manage a team of business analysts.

Qualifications

Job requirements

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

an Honours degree in Economics, Finance, Information Technology or an equivalent qualification;
relevant Business Analysis diploma/certification; and
eight years’ business analysis experience.

The following would be an added advantage:

Business Process Reengineering certification;
experience in banking or banking services back-office systems;
ADONIS experience;
ISO knowledge; and
agile and waterfall methodology experience.

Additional requirements include:

•    knowledge and skill in:
–    information technology (IT) governance, risk and compliance;
–    continued learning and/or professional development;
–    quality assurance;
–    continuous improvement;
–    business transformation and optimisation;
–    elicitation techniques;
–    business analysis practices, methodology and tools;
–    benefits realisation and testing practices;

•    the ability to:
–    drive results;
–    think strategically;
–    manage complexity and ambiguity;
–    lead change;
–    plan and organise;
–    develop and grow others;
–    use good judgement and decision-making;
–    be resilient;
–    impact and influence;
–    build and maintain relationships; and

• industry, organisational and business awareness.

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.

Click here to apply

Financial Stability Oversight Committee Secretariat Official

Job Description

Job title: Financial Stability Oversight Committee Secretariat Official

Location: Head Office, Pretoria

Organisation name: Research, Information and Coordination Division

Department description: Financial Stability Department

Brief description

The purpose of this position is to serve as Secretariat Official for the Financial Stability Oversight Committee (FSOC) as well as play an active role in coordinating, refining and quality assuring contributions to the South African Reserve Bank’s (SARB) biannual Financial Stability Review (FSR).

Detailed description

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

Serve as Secretariat Official for the FSOC, performing all related duties to ensure the committee functions effectively.
Ensure effective coordination and communication among FSOC members.
Engage with various internal and external stakeholders to ensure the successful completion of initiatives arising from the FSOC, its subcommittees and working groups.
Create and maintain a database of the SARB and other FSOC members’ participation in domestic and international financial stability-related forums and consolidate common emerging themes and discussions for the FSOC’s consideration.
Create and maintain a repository of SARB and other FSOC members’ policy positions communicated on financial stability matters in various forums to inform the departmental research agenda.
Assist the Editor of the FSR by coordinating inputs, resources and timelines to ensure a seamless FSR production and publication process.
Follow up, clarify and address queries with FSR contributors and reviewers.
Monitor financial stability-related publications by other central banks and international organisations to benchmark the appropriateness of the SARB’s FSR.
Refine and quality assure inputs and contributions to the SARB’s FSR.
Coordinate, draft, refine and quality assure financial stability-related content on the SARB’s internal and external web pages.
Assist in preparing briefings and presentations on financial stability for senior management of the SARB, the Financial Stability Committee as well as external stakeholders, the media and other public forums.
Build and maintain key stakeholder relationships both within and outside of the SARB to create and increase stakeholders’ awareness and understanding of financial stability.
Ensure departmental outputs and documents conform to relevant standards, policies and processes.
Write press releases, articles, speaking notes and other documents as required.
Contribute to other areas of the division’s work and outputs.

Qualifications

Job requirements

To be considered for this position, candidates must have:

a minimum of a relevant Bachelor’s degree (NQF 7); and
a minimum of five to seven years’ experience in a banking, financial markets or central banking environment.

Additional requirements include:

an excellent understanding of the SARB’s financial stability mandate and the Financial Sector Regulation Act 9 of 2017;
a strong work ethic and bias for action;
the ability to work independently as well as in a small, specialised team;
facilitation and presentation skills;
strong interpersonal, verbal and written communication skills;
strong writing and quality assurance skills;
stakeholder and communications planning and management skills; and
proficiency in the use of Microsoft (MS) Office products such as MS 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.

Human Resources Department

Click here to apply

Manager: Treasury Accounting – FMD

Job Description

Brief description

To manage and oversee operational accounting activities within the Treasury Accounting unit, ensuring compliance with IFRS and regulatory requirements, optimizing processes, and supporting strategic objectives of the Financial Markets Department.

Detailed description

The successful candidate will be responsible for, but not limited to, the following key performance areas:

Contribute to the departmental strategy and ensure the unit’s objectives and deliverables are aligned to the strategy.
Ensure adherence to IFRS and applicable legislation including the relevant operational notices for all transactions.
Maintain robust internal controls.
Ensure that the operational risks are managed in accordance with the risk management framework of the Bank.
Manage accounting for domestic and foreign exchange operations.
Implement new financial systems and processes to improve efficiency.
Resolve complex accounting issues.
Drive process optimization and resource allocation for maximum efficiency.
Manage effective relationships for both internal and external stakeholders (e.g., Financial Services Department, internal and external auditors, etc).
Provide expert guidance on compliance and operational queries.
Lead and develop team members to enhance technical and behavioral competencies.
Foster a culture aligned with organizational values, diversity, and inclusion.

Qualifications

To be considered for this position, candidates must have:

a post-graduate degree in Accounting/Finance, or equivalent
minimum eight to ten years’ experience in Treasury or Financial Accounting with at least five years’ experience in a managerial role.
experience in managing an operational accounting environment for foreign exchange and domestic market operations.
experience in managing and/or implementing exponential technologies within an accounting environment such as robotics and/or artificial intelligence.
advanced knowledge of IFRS, treasury operations, and financial instruments

The following would be an added advantage:

A Chartered Accountant (SA) would be an added advantage.

Additional requirements include:

problem-solving and analytical skills
critical thinking
drive for results
impact and influence
ability to lead change
empowering and inclusive
judgement and decision making
service and stakeholder focus
proficiency in English, both written and spoken
proficient in the use of the Microsoft Office suite.

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.

Click here to apply

Business Analyst

Job Description

Brief description

The main purpose of this position is to provide technical business analysis services in respect of development and maintenance support for business systems within FinSurv and Reporting Entities in order to ensure the effective and timeous collection, analysis and reporting of reportable transactions via the FinSurv Systems.

Detailed description

The successful candidate will be responsible for, among other duties, the following key performance areas:

Drive business analysis initiatives and provide solutions to complex projects and business systems.
Establish and maintain stakeholder relationships to ensure efficient running of the business systems, quality of information, defining future business requirements, identifying opportunities for optimisation, develop and propose solutions.
Execute the writing of business specifications and implementation of enhancements to systems in consultation with business and/or other stakeholders (business processes, reports, upgrades).
Ensure the maintenance and integrity of the master data on the Financial Surveillance Reporting System in order to process transactions end-to-end and mitigate systems-related risks.
Provide training and support for internal and external users, including user maintenance and management information.
Provide a business support function to the Product Team in respect of FinSurv solutions, e.g. 1FinSurv.
Stay abreast of business/market changes and apply these in the course of own work.
Take responsibility for the quality assurance of the work and outputs of other business analysts.
Participate in external industry business analyst forums, contributing to developing and furthering the business analyst body of knowledge (both theoretical and applied).
Improve and standardise work processes in the course of own work, and ensure application of standards and methods in the team.

Qualifications

Job requirements

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

a minimum of Postgraduate in Information Science, Information Technology or related (NQF 8) qualification;
a minimum of 5 to 8 years of experience within a financial business analysis environment;
knowledge of business analysis methodologies; and
advanced Microsoft Office skills.

Job Related Knowledge include:

Business analysis methodologies;
advanced Microsoft Office skills;
team leadership;
Exchange Control Regulations;
relevant Currency and Exchanges Manuals; and
Report Writing.

Job Related Skills & Attributes are as follows:

client orientation;
ability to travel from time to time to perform duties away from Head Office;
analysis and problem solving skills;
planning and organising skills;
attention to detail;
driving execution;
collaboration;
judgement;
report writing skills;
team leadership;
communication skills (written, verbal and listening); and
ability to work well under pressure in a team environment.

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.

Click here to apply

ERD Winter School

Job Description

The winter school is a week-long in-person experience designed for postgraduate students in economics, statistics, mathematics, finance, and actuarial science. It provides exposure to leading international and local research insights. Students engage in action-based learning projects related to central banking and experience the SARB’s culture. The SARB Winter school may lead to consideration for the SARB Graduate Development Programme.

Date and location:

29 June to 4 July 2026
SARB Head Office
Note: Accommodation and transport will be provided to successful candidates

What must be submitted with your application?

A certified copy your full academic record showing courses for which you are registered in 2026.
Your CV no longer than 2 pages
A short essay on “How inflation targeting helps a central bank achieve price stability” (600 words; Arial, 12pt with 1.5 line spacing – in an MS Word document)

You will meet the requirements if you:

have completed or are about to complete a postgraduate degree (see degree focus areas below);
have attained or expect to attain an average of over 70% in your final year;
have a strong desire to work in financial services and/or policymaking;
have a proven track record of academic excellence;
have excellent communication and interpersonal skills;
are a curious and keen learner; and are unemployed.

Qualifications

Degree focus areas

The SARB will consider postgraduates or students studying towards a postgraduate qualification with capability in at least one of the following areas:

Economics | Statistics | Mathematics | Finance | Actuarial Science

Click here to apply

SARB Graduate Development programme

Job Description

South African Reserve Bank Graduate Development Programme

The South African Reserve Bank (SARB) is inviting productive and talented postgraduates to join its one-year Graduate Development Programme in February 2027.

What the SARB does

The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for the regulation of the South African financial sector, the design and distribution of banknotes and coin, the management of interest rates, setting the cash reserve requirement for banks, and ensuring the stability of both the banking sector and the wider financial system.

What the Programme is about

Exposure to departments in the SARB

Graduates will work and learn at the SARB Head Office from February 2027 to January 2028. They will be assigned to a department and exposed to various tasks and projects.

During the Programme, graduates will attend various learning interventions at the SARB Academy. Interventions are mainly specific to central banking and are aimed at producing well-rounded central bankers. As part of the holistic programme, graduates will also gain personal and professional skills such as assertive communication, public speaking and presentations, creating powerful PowerPoint presentations, impactful reporting, teamwork and personal excellence and etiquette.

After the first year

At the end of the year, some graduates will be permanently appointed into a department of the SARB. Those most likely to be appointed are graduates who:

are interested in continuing their career at the SARB;
have a desire to contribute to monetary policy, financial stability, currency management, supervising financial institutions, financial markets, or any one of the SARB’s enabling functions;
have demonstrated behaviours aligned to the SARB’s values of accountability, excellence, integrity, respect and trust and open communication;
can function independently and contribute actively and effectively in a team; and
have performed exceptionally well in their assigned departments and academically.

Qualifications

Applications are open to candidates who have a postgraduate qualification in one of the following fields:

e.g Economics
Econometrics
Statistics
Research
Policy Analysis
Public Finance
Accounting
Auditing
Law
Financial Mathematics
Financial Engineering
Information Technology
Digital Technology
Portfolio or Investment Management
Mathematics
Quantitative Analysis
Business Analysis
Risk Management (operational and financial risk)
Actuarial Science
Fintech

You meet the requirements if you:

have completed an honours degree (NQF 8);
a South African citizen;
have attained an average of over 65% in your final year;
have a strong desire to work in financial services and/or policymaking;
have a proven track record of academic excellence;
have excellent communication and interpersonal skills; and
are a curious and keen learner.

Click here to apply

Data Science Graduate Development Programme

Job Description

South African Reserve Bank Data Science Graduate Development Programme

The South African Reserve Bank (SARB) is looking for talented postgraduates to join its one-year Data Science Graduate Development Programme in February 2027.What the SARB does

The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for the regulation of the South African financial sector, design and distribution of banknotes and coin, management of interest rates, setting the cash reserve requirement for banks, and ensuring stability of both the banking sector and the wider financial system.Description

Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. The core outcome of this programme is to develop deep capabilities in advanced analytics in central banking.Format of the programme

Graduates will be placed in the Central Bank Departments within the SARB, from February 2027 to January 2028. During the programme, graduates will attend various learning interventions at the SARB Academy, including technical training. The programme offers opportunities for a Data Science track, and graduates will work in a Data Lab environment from time to time, on various use cases.Duration of the programme

One year

Qualifications

To be considered, candidates must have a postgraduate qualification or be in the process of completing a postgraduate qualification (ideally completed the course work) in one of the following fields:

SARB Graduate 2024-03-05

Data Science
Machine Learning/Artificial Intelligence
Predictive Analytics Modelling
Statistics
Applied Mathematics
Digital Technology (Information Technology)
Fintech
Economics with Econometrics
Business Mathematics and Informatics.

Additional requirements

Coding with R and/or Python;
be a South African citizen;
be a curious, innovative and self-motivated individual with strong analytical skills;
have a proven track record of academic excellence with an overall average mark of 70% and above; and
have excellent communication and interpersonal skills.
Have Fintech experience.

Click here to apply

Cloud Architect – BSTD

Job Description

Brief description

The main purpose of this position is to research, plan, architect, design and deploy infrastructure cloud solutions within the South African Reserve Bank Group (SARB Group).

Detailed description

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

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

Qualifications

Job requirements

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

a minimum of a Honours degree (NQF 8) in IT, computer science or an equivalent qualification;
TOGAF certification;
ITIL v3/4 and COBIT 2019 will be an added advantage;
AWS Certified Solutions Architect;
Microsoft Certified: Azure Solutions Architect;
VMware Certified Professional (VCP) will be an added advantage;
Certified Cloud Security Professional (CCSP) will be an added advantage; and
a minimum of 8–10 years’ experience in cloud infrastructure architecture with a strong track record of designing and implementing cloud infrastructure solutions in enterprise organisations.

Additional requirements include:

knowledge and skill in:
industry, organisational and business awareness;
quality assurance; and
continued learning and/or professional development;
excellent technical knowledge of cloud services;
continuous improvement of cloud services;
comprehensive hands-on cloud services troubleshooting experience;
ability to read and understand technical manuals, procedural documentation and original equipment manufacturer (OEM) guides;
liaising with external services providers for purposes of product and technology review and coordinating vendor presentations where relevant; and
understanding of critical IT processes (incident, configuration and change management) and other technical procedures.

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.