Reserve Bank Vacancies

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

Analyst Developer

Job Description

Brief description

The purpose of the role is to develop, maintain and support IT solutions to meet the business needs within the South African Reserve Bank Group (SARB Group).

Detailed description

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

• Defining own work plan and deliverables with guidance from Team leader/senior developer.
• Conducting analysis and design quality IT solutions according to approved business requirements and in line with governance frameworks.
• Delivering quality IT solutions through development, integration, testing and deployment according to the approved design specification and within agreed timelines.
• Ensuring total quality of an IT solution according to approved standards.
• Consistently providing IT solution maintenance and support in the designated area, thereby ensuring business continuity in line with the agreed service standards.
• Keeping abreast of developments in information and communication technology (ICT) trends and within the specialised area of technology in order to design and develop the most appropriate IT solution within the area of responsibility.
• Actively participating and supporting the team towards the completion of goals.
• Mentoring and coaching of team members.
• Engaging with internal and external user communities to ensure that business benefits are realised.

Qualifications

Job requirements

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

• a Bachelor’s degree in Computer Science/Information Systems or an equivalent qualification (NQF 7);
• five to eight years’ experience within an application development and support environment;
• Knowledge of MS SQL Server with advanced T-SQL skills;
• Microsoft IIS skills with good knowledge of https/active directory orchestration and Application pool management;
• Knowledge of ASP.NET web applications and an ability to configure web applications;
• Understanding of XML/XSD and Json.

The following will be an added advantage

• A development language or Database Administration certification; and
• Knowledge and experience in the field of financial supervisory / regulatory systems and processes.

Additional requirements are as follows

• analytical skills;
• building trust;
• service orientation;
• decision making;
• verbal and written communication;
• time and work management;
• problem solving and analysis;
• contributing to team success; and
• solid knowledge of the software development lifecycle.

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.

Applications Technical Specialist

Job Description

Brief description

The main purpose of this position is to support, maintain and enhance the Business Solutions and Technology Department’s (BSTD) applications to ensure systems availability, health and optimal performance.

Detailed description

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

• Support the BSTD applications by monitoring the underlying environments (databases and application servers) to ensure capacity management, systems availability and optimal performance.
• Maintain the BSTD applications by applying corrective measures (e.g. patches, upgrades, bug fixes).
• Proactively monitor all application upgrades, new releases and product replacements which would affect the assigned application.
• Configure the application infrastructure to ensure optimal performance and install new features to enable new functionality.
• Investigate and resolve technical issues of a medium to high complexity by interacting with users, developers and other stakeholders on allocated applications.
• Provide reports and recommendations on solution performance and system availability to senior management and relevant stakeholders.
• Proactively manage business and stakeholder relationships with respect to application support.
• Keep abreast of best practices and technologies related to BSTD and ensure the application thereof, where relevant.
• Impart knowledge of the technical environment to the system development team.
• Maintain compliance to security and application standards.

Qualifications

Job requirements

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

• a Bachelor’s degree in Computer Science (NQF 7), Information Management/Information Technology (IT) or an equivalent qualification;
• six to eight years’ experience in supporting, maintaining and enhancing IT business applications; and 
• three years’ experience in working with IWMS, BIM or smart building environments.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and professional development;
• business continuity and planning;
• IT enablement planning;
• IT transformation and innovation;
• release management;
• application design, configuration and development;
• application support and maintenance;
• infrastructure design and development;
• systems integration;
• workload estimation; and 
• technical analysis.

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.

Project Administrator

Job Description

Brief description

The main purpose of this role is to perform a general project administrative support function and ensure the smooth running of projects within the Business Solutions and Technology Department (BSTD).

Detailed description

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

• Assist in compiling and maintaining mandatory project documentation (e.g. information relating to the project charter, business case, project plan and change request) to ensure project compliance in terms of the Programme Management Office’s standards and procedures.
• Collate and manage project information and reports to ensure that the relevant stakeholders are adequately informed of a project’s status.
• Liaise with various stakeholders (internal and external) throughout a project’s life cycle to maintain effective communication on all matters relating to the project.
• Update and maintain project schedules, highlighting deviations to ensure that project timelines are kept and to allow for planning adjustments.
• Maintain a project repository to ensure that project information is accessible to all stakeholders and available for audit purposes.
• Schedule meetings, consolidate information for meetings, maintain and disseminate minutes and ensure  actions are done as per the meeting minutes.
• Record, update and maintain logs of lessons learnt, risks, issues and actions to allow the project manager to manage project risks.
• Contain and follow up on project activities in the absence of the project manager to ensure project continuity.
• Ensure that financial management, procurement, audit tracking and compliance to supplier contracts are effective in alignment with program/project activities.
• Maintain the financial spreadsheet to keep track of payments, including liaising with vendors and information technology financial management to ensure the timely payment of invoices.
• Process invoices for payments.
• Assist with resource allocations.

Qualifications

Job requirements

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

• a Higher Certificate (NQF 5) in Project Administration or Project Management;
• a minimum of two to five years’ experience in a project administration environment; and
• solid knowledge of the project management discipline, with an emphasis on project administration, project cost management, contract management and project reporting.

Additional requirements include:

• planning, organising, analytical and problem-solving skills;
• a learning focus;
• a drive for results;
• resilience;
• managing complexity;
• judgement and decision making;
• verbal and written communication skills;
• flexibility; and
• a service and stakeholder focus.

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.

Architects (Solution\Security\Integration)

Job Description

Brief description

The South African Reserve Bank (SARB) is looking to employ seasoned professionals with expertise in enterprise architecture, solutions architecture, physical security architecture, risk analysis and/or design to augment its Enterprise Architecture team.

The team is focused on technical principles and imaginative problem-solving and can be viewed as the ‘glue’ that aligns SARB strategies with other aspects of the organisation by maintaining and managing an optimal information technology (IT) systems landscape, developing and managing business processes, data and appropriate technology investment and providing guardrails for safety.

Detailed description

Various roles are available. The successful candidate(s) for each position will be responsible for the following key performance areas:

Solutions Architects

The main purpose of this position is to develop and implement the architectural design of solutions to support the business goals and to ensure alignment of business and IT at a solution level within the SARB.

• Experience in application analysis/architecture and/or design and/or enterprise architecture and/or solutions architecture is required for this position. Experience in the submission of returns and/or an understanding of regulatory submissions would be an advantage.

Enterprise Security Architects

The main purpose of this position is to manage the security architecture domain and landscape, develop reference content and ensure the application thereof in the strategic and operational environment for a safer SARB.

• Experience in risk analysis, physical security architecture, design, enterprise architecture or solutions architecture is required for this position.

Integration Architect

To deliver the blueprint architectures aligned to the SARB technology and data strategy, provide thought leadership, technical guidance, and solution architecture oversight within the SARB IT landscape.

• Experience in at least three architecture domains such as business architecture, data architecture and application architecture;
• Defining, developing and maintaining reference models, principles, standards, frameworks and patterns for integration architecture; and 
• Collaborating with, and advising relevant business, system and technical stakeholders to develop, implement and harmonize end-to-end solution architecture and interoperability of business, data, application, technology, integration, infrastructure and security architectures now and in the future.

Qualifications

Job requirements

To be considered for these positions, candidates must be in possession of:

• an Honours degree in Informatics, Computer Science, Engineering or a related field;
• industry-specific certifications such as TOGAF 9.1 and SABSA Foundation or security industry certifications such as CISSP-ISSAP, GSE and CGEIT; and
• at least eight years’ working experience in any of the specialisation fields.nd security architectures now and in the future.

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 Engineer

Job Description

Brief description

The main purpose of this position is to build business infrastructure that automates extremely high volumes of data and to solve data scaling challenges to maintain a stable data architecture solution that drives various analytical initiatives within the South African Reserve Bank’s Financial Surveillance Department (FinSurv). This work will be performed in collaboration with the Business Solutions and Technology Department (BSTD).

Detailed description

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

• Design and implement data strategies and systems in collaboration with BSTD and business subject matter experts to create and maintain data architecture that drives various FinSurv initiatives.
• Build infrastructure to automate high volumes of data and creatively solve data volumes and scaling challenges.
• Work with team members and other stakeholders to contribute to the design and architecture of innovative solutions to complex problems.
• Collaborate with BSTD to build optimal data extraction, transformation and loading from a wide variety of data sources using big data technologies.
• Assemble large, complex data sets to meet functional and non-functional business requirements.
• Identify, design and implement business process improvements by automating manual processes, optimising data delivery and redesigning infrastructure for greater scalability.
• Provide technical support to the Advanced Analytics Specialist during the design, development and implementation of self-learning applications (artificial intelligence and machine learning).
• Search and select appropriate data sets to run tests, ensuring algorithms generate accurate user recommendations.
• Keep abreast of developments in the industry regarding data engineering practices.

Qualifications

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

• a Bachelor’s degree (NQF 7) in Computer Science, Management Information Systems, Computer Engineering or an equivalent qualification;
• five to eight years’ experience in the data engineering field;
• five years’ experience working with relational databases and query authoring (SQL);
• three to five years’ experience building analytics tools using data pipelines; and
• experience with Microsoft Power BI, Tableau, SAS and OBIEE.

The following would be an added advantage:

• programming experience with natural language processing in R, Python and so forth; and 
• relevant programming or data querying certification.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• data warehousing and reporting solutions;
• SQL;
• Microsoft Power BI;
• databases and relational databases;
• data engineering;
• data lakes; 
• data pipelines;
• Informatica;
• Teradata;
• SAS;
• performance metrics
• analytical and problem-solving skills;
• effective communication skills;
• planning and organisational skills;
• service and stakeholder focus;
• conceptual thinking skills;
• innovation and creativity; 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 – ADLA Supervision

Job Description

Brief description

The main purpose of this position is to provide team leadership in the administration of the exchange control system on behalf of the Minister of Finance and to supervise the compliance of Authorised Dealers with Limited Authority (ADLAs) with the anti-money laundering (AML) control measures set out in the Financial Intelligence Centre Act 38 of 2001 (FIC Act).

In the interest of multi-skilling, the candidate may be rotated within various divisions of the Financial Surveillance Department.

Detailed description

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

• Provide strategic and leadership direction to the division.
• Manage the performance of team members.
• Manage and mitigate risk in line with South African Reserve Bank policy.
• Manage the process of appointing Authorised Dealers and ADLAs.
• Ensure compliance with the Exchange Control Regulations and Currency and Exchanges Manual for ADLAs.
• Manage the implementation of and adherence to relevant policies, processes, procedures and systems.
• Draft suggestions for refining policies, processes and systems and improving alignment with related function/division processes and systems.
• Facilitate decisions on complex applications within the exchange control policy environment.
• Manage the implementation of FIC Act requirements.
• Produce and manage the yearly inspection programme.
• Develop and maintain worksheets and process manuals for conducting inspections.
• Manage the entire inspection process, ensuring adequate preparation, the completion of related administration, team leadership and effective reporting.
• Lead a team responsible for conducting inspections of ADLAs with regard to the provisions of the Exchange Control Regulations as well as the AML and combating the financing of terrorism (CFT) measures set out in the FIC Act.
• Conclude inspections of ADLAs by producing inspection reports to the management of the ADLAs, producing appropriate directives to address the identified weaknesses.
• Provide information to management on the progress of inspections and their findings.
• Advise and provide support to internal and external clients and stakeholders and sustain working relationships.
• Facilitate collaboration with other divisions, including external stakeholders and functions impacting work.
• Serve on various committees and ad hoc working groups when required.
• Perform ad hoc duties and participate in special projects when required.
• Provide input on the review and update of various internal and external documents and surveys.
• Manage the efficiency and quality of the division’s deliverables.

Qualifications

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

• an Honours degree in Law, Economics, Accounting, Auditing, Finance or an equivalent NQF8 qualification;
• at least 10 years’ experience in the exchange control/banking/AML or another relevant regulatory environment; and
• two years’ experience in team management.

Additional requirements include:

• knowledge and experience in:
• the Exchange Control Regulations and South African exchange control system; 
• risk management practices and standards;
• inspections-related project management experience; 
• a technical understanding of the AML/CFT obligations set out in the Financial Intelligence Centre Amendment Act 1 of 2017; 
• research skills;
• demonstrated analytical skills; 
• the ability to organise and understand complex material;
• problem-solving skills;
• the ability to work under pressure and in a team environment;
• the ability to lead and manage change;
• teamwork skills;
• the ability to develop and grow others;
• the ability to build and maintain relationships;
• a drive for results;
• impact and influence;
• effective verbal and written communication (including presentation and report writing) skills; and
• competence in Microsoft Word, Excel and PowerPoint.

The position involves on-site inspections of ADLAs and thus requires a significant amount of travelling.

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 Applications Functional Specialist

Job Description

Brief description

The main purpose of this position is to drive or lead a team in providing functional support to the South African Reserve Bank’s (SARB) business applications, with a focus on testing, analysis, configuration and general support.

Detailed description

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

• Drive or lead a team in providing functional support to SARB users with a focus on testing, analysis, configuration, system setup and general support.
• Drive functional analysis initiatives or lead a team of analysts/a cross-functional team on multi-year/long cycle projects.
• Lead engagements with clients, taking responsibility for managing relationships and client interfaces.
• Develop a partnership role with business owners and interact with clients independently to define future business requirements, identify opportunities for optimisation and propose and develop solutions.
• Support the relevant architect in defining, analysing and developing the business architecture, reference model, framework and implementation roadmaps required to enable the strategy.
• Manage change requirements and the supporting specifications and plan and coordinate user acceptance testing.
• Provide substantive input to support disciplines (e.g. systems development, project management, quality management and change management).
• Apply industry best practice to optimise effective and efficient business processes and procedures.
• Identify and register risks within their respective application’s functional streams and manage risk mitigation.
• Develop system training manuals, training plans and present training courses in support of new initiatives.
• Configure complex business processes and tasks (where appropriate) within a system to improve and provide specialised functional support.
• Assure the quality of the work and outputs of application functional specialists.

Qualifications

Job requirements

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

• an Honours degree (NQF 8) in Business Administration, Computer Science, Information Technology (IT) or an equivalent qualification; and
• eight to ten years’ experience in the business analysis/application support/project environment, including the development and maintenance of existing software in applications, as well as in functional and business analysis within the application implementation and/or support environments.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continual improvement;
• continued learning and professional development;
• business transformation and optimisation; 
• elicitation techniques;
• business analysis practices, methodologies and tools;
• realisation and testing practices; and
• IT domain 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.

Senior Applications Technical Specialist

Job Description

Brief description

The main purpose of this position is to drive or 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 underlying environments (databases and application servers) to ensure capacity management, systems availability and optimal long-term performance.
• Ensure system availability, configuration, upgrades and general support for all BSTD applications.
• Drive enhancements of all BSTD applications through the installation of new features and by configuring solution architecture throughout the application lifecycle to ensure the delivery of new functionality.
• Provide guidance and technical input in the resolution of high-complexity issues across all BSTD applications.
• Lead engagements with cross-functional stakeholders and take responsibility for managing relationships.
• Keep abreast of industry best practices and technologies and lead the 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 the support of all BSTD applications.
• Provide reporting and recommendations on solution performance and system availability to senior management and relevant stakeholders.
• Assist and develop application technical specialists by providing technical guidance and assuring the quality of their outputs.

Qualifications

Job requirements

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

• an Honours degree in Computer Science, Information Management, Information Technology (IT) or an equivalent qualification; and
• eight to ten years’ experience in supporting, maintaining and enhancing IT business applications.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continual improvement;
• continued learning and professional development;
• business continuity and planning;
• IT enablement planning;
• IT transformation and innovation;
• release management;
• application design, configuration and development;
• application support and maintenance;
• infrastructure design and development;
• systems integration;
• workload estimation; and 
• technical analysis.

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.

Records Management Officer

Job Description

Brief description

The main purpose of this position is to provide document and records management advisory and support services to assigned departments of the South African Reserve Bank (SARB) in line with legislation, policies, procedures and standards to support SARB’s digital transformation journey.

Detailed description

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

• Coordinate and monitor records management maturity assessments in the SARB departments.
• Conduct records management inspections to monitor compliance with relevant legislation, policies, procedures and standards, and identify gaps and recommend corrective actions.
• Provide records management tools to ensure standardisation throughout the SARB.
• Provide reports for management information and decision-making purposes.
• Provide on-the-job training to sub-records managers and records control officers in support of their roles in the respective departments.
• Manage client and stakeholder relationships in line with the Enterprise Content Management (ECM) Centre of Excellence (CoE) service catalogue.
• Participate and provide records management expertise in the implementation of the Electronic Document and Records Management System (EDRMS) and the Records Centre System (RCS) in the respective departments.
• Provide EDRMS administration and functional support in line with OpenText centre of excellence (CoE).
• Facilitate and coordinate the streamlining of the correspondence processes with the respective departments.
• Facilitate and coordinate the transfer of records from departmental divisions to the records centre, corporate archives and off-site storage.
• Facilitate and coordinate the destruction of records in line with the approved SARB records retention schedule.
• Stay current with industry developments and best practice and apply these in the course of own work.

Qualifications

Job requirements

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

• a National Diploma (NQF 6) in Archives and Records Management or an equivalent qualification;
• at least 5–8 years’ experience in records and information management;
• experience in electronic records and document management (essential); and
• experience in EDRMS and records centre implementation.

The following would be an added advantage:

• a certification in national archives or an equivalent certification;
• AIIM ECM certification; and 
• experience in Open Text. 

Additional requirements include:

• knowledge and skill in:
  • industry, organisational and business awareness;
  • quality assurance;
  • continued improvement; and
  • continued learning and/or professional development.

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.

Information Management Specialist

Job Description

Brief description

The main purpose of this position is to manage information management capabilities in order to provide an integrated view of the information management landscape, to improve the information management maturity levels within the South African Reserve Bank (SARB) Group (i.e. the SARB and its subsidiaries), and to support reliable and effective decision-making.

Detailed description

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

• Support the business in the implementation of the various data management disciplines (i.e. reference and master data management, data quality management, metadata management, data modelling as well as design and data security).
• Provide a consolidated and integrated view of the information landscape within the SARB Group to support different use cases.
• Rationalise the information landscape within the SARB Group for the purpose of continuous improvement and effectiveness.
• Oversee and manage the information life cycle and related interdisciplinary activities, from data acquisition, retention, archival and deletion.
• Facilitate changes related to data and information, analyse the impact thereof, and coordinate the implementation of information management activities based on the changes.
• Ensure alignment between the various data management disciplines to promote cross-functional cohesion in providing business value.
• Lead and participate in engagements with stakeholders within the SARB Group and external parties to ensure service delivery.
• Provide input into how data is stored, maintained and used in the database management implementation process.
• Provide periodic reports, including technical reports, as well as information management reports for decision-making purposes.
• Develop and manage stakeholder relations effectively to promote data management across the organisation and to support reliable decision-making and appropriate data usage.  
• Participate and provide technical support in cross-organisation activities relating to any of the above-mentioned data management activities.

Qualifications

Job requirements

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

• A Bachelor’s degree (NQF 7) in Informatics, Management Information Systems, Computer Science, Computer Engineering or an equivalent qualification; and
• five to eight years’ experience in the field of data management.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• continuous learning and/or professional development;
• continuous improvement;
• business continuity planning;
• IT enablement legislation, governance, risk and compliance;
• best practices/methodologies in data warehousing and multi-dimensional data analytics (e.g. OLAP, such as ESSBASE or Microsoft analysis services), systems design and management;
• the most common RDBMS technologies (e.g. Oracle, IBM, SQL Server and MySQL);
• deploying and managing big data environments (e.g. Hadoop, Spark and NoSQL);
• database querying languages (e.g. SQL);
• a variety of programming languages, including but not limited to R and Python;
• development using a broad variety of integration techniques, patterns, tools and methodologies; and
• all the data management disciplines.

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.

Asset Administrator

Job Description

Brief description

The main purpose of this position is to be responsible for assets throughout their life cycle, from needs analysis to maintenance and disposal.

Detailed description

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

• Engage in short-term planning and perform tasks against work plans as defined in conjunction with the team leader.
• Perform work independently within established practices, processes, rules and regulations and legislation (Occupational Health and Safety Act 85 of 1993).
• Take responsibility for allocated portions of assets at various points of their life cycle (capturing/monitoring purchase requests, allocating item asset barcodes, initiating invoice payments and facilitating the delivery and disposal of assets)
• Undertake fixed asset verification in line with South African Reserve Bank requirements and report on the findings of the verification.
• Manage and administer compliance by suppliers where contracts or agreements exist.
• Diagnose problems, choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context. 
• Provide regular status updates (daily, weekly and monthly as defined) to facilitate accurate reporting.
• Engage relevant stakeholders/clients, inside and outside own department, displaying a service orientation and the ability to convey and explain information coherently.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements in own work (including methods and practices).
• Evaluate own performance against given criteria and identify and address task-specific learning needs.

Qualifications

Job requirements 

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

• a National Diploma (NQF6) in Financial Management, Accounting, Business Administration or an equivalent qualification; and
• two to five years’ experience in asset management.

Additional requirements include: 

• conceptual thinking skills;
• effective communication skills;
• flexibility;
• a drive for results;
• a learning focus;
• teamwork skills;
• a service and stakeholder focus;
• the ability to build and maintain relationships;
• judgement and decision-making skills;
• impact and influence;
• analytical and problem-solving skills;
• resilience; and

the ability to manage complexity and ambiguity.

Banknote Processor

Job Description

Brief description

The main purpose of this position is to prepare and process soiled banknotes for destruction using high-speed note processing machines, to ensure an acceptable quality of banknotes in circulation. 

Detailed description

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

• Prepare, process, verify and quality-sort banknotes received from internal and external customers. 
• Reconcile processed batches of banknotes to ensure they balance with the amount deposited by customers. 
• Engage in short-term planning and perform tasks against work plans as defined by the team leader. 
• Perform work as part of a team within established practices, processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing prescribed tasks. 
• Identify, evaluate and solve defined, routine and new problems within a familiar context, applying solutions based on relevant evidence and procedures. 
• Deliver work that meets the time and quality standards set in terms of the processing and destruction of soiled notes. 
• Provide information to the supervisor relating to operational efficiency as well as any deviations from policies, procedures and service level agreements. 
• Engage with relevant internal stakeholders to ensure optimal delivery within the division. 
• Proactively broaden knowledge of the functional area, displaying a willingness to make improvements in own work (including 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 have: 

a Grade 12 certificate or an equivalent qualification; and 

• some experience in a cash-handling environment. 

Additional requirements include: 

• problem-solving skills; 
• service and stakeholder focus; 
• planning and organising skills; 
• flexibility; and 
• computer literacy. 

Accountant: Operational Budget

Job Description

Detailed description

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

• Plan work according to defined priorities.
• Plan, facilitate the delivery and ensure the quality of section-specific outputs and optimise section resources.
• Perform the accounting function in accordance with SARB policies, the relevant accounting standards, cost accounting principles and legislation.
• Coordinate, review, consolidate and report on the SARB’s operational and capital budgets to ensure adequate financial management by the organisation. 
• Maintain the management information system for the consistent and accurate reporting of relevant information to senior management.
• Participate in internal and external stakeholder engagements, displaying the ability to solicit information and deliver a coherent and convincing message.
• Propose and implement the refinement and continual improvement of systems, tools, controls, methods and processes in own area. 
• Stay abreast of developments in own functional area and ensure application thereof.

Qualifications

Job requirements

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

• a Bachelor of Commerce degree in Accounting; and
• at least three to five years’ experience in a financial services environment.

The following would be an added advantage:

• a Chartered Accountant (SA) qualification.

Additional requirements include:

• knowledge and skills in:
• industry, organisational and business awareness;
• quality assurance;
• continual improvement; 
• continual learning and/or professional development;
• financial strategy; 
• financial planning;
• finance-related legislation, governance, risk and compliance;
• financial accounting;
• financial reconciliation;
• function-specific performance management;
• function-specific information systems;
• business continuity planning;
• analytical and problem-solving skills;
• planning and organisational skills;
• service and stakeholder focus;
• a drive for results;
• the ability to develop and grow others;
• the ability to promote teamwork;
• effective communication skills;
• judgement and decision-making skills;
• conceptual thinking; and
• flexibility.

Associate 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 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 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:
  • 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 Honours degree (NQF 8) in Actuarial Science;
• be actively pursuing studies and ideally have passed or been exempted from at least seven 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
• two to five 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.

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/her experience and competence.

Associate Data Steward

Job Description

Brief description

The main purpose of this position is to act as a Data Steward and provide support to the Information Management function with regard to the management and oversight of data and information assets to provide business with high-quality and consistently accessible data and information.

Detailed description

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

• Prepare and provide accurate and reliable data and information in support of strategic decisions. 
• Create and maintain business metadata for published data sources to ensure that it is easily discoverable and meaningful to information consumers. 
• Create and maintain consistent metadata in a manner that allows for a clear and unambiguous data definition and meets legislative, quality and security requirements.
• Acquire new data sources to enable effective departmental decision making.
• Prepare relevant data for appropriate consumers in the SARB Group and relevant stakeholders and monitor the published data sources for usage, relevance and quality feedback.
• Ensure that the assigned data element is current and does not conflict with other data elements in the metadata registry and ensure the consistency in data usage across various systems.
• Proactively identify and resolve data integrity and quality issues.
• Propose and implement the refinement and continuous improvement of systems, tools, methods and processes in own area.
• Stay current with developments in all functional areas relevant to information management and ensure the appropriate application thereof.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• a Diploma in either Information Technology, Computer Science, Mathematics or equivalent NQF 6 qualification; 
• two to five years’ experience in any of the relevant data management disciplines such as data governance, metadata management, master data management, business intelligence and data development; and 
• relevant certifications (e.g. Certified Data Steward) will be an added advantage.

Additional requirements include:

• knowledge and skills in:
• reference and master data; 
• metadata management;
• data quality management; 
• continuous improvement; and
• effective communication;  
• competence in Microsoft Office software packages (e.g. Excel, Word, PowerPoint, etc.); 
• ability to build and manage relationships;
• innovation and creativity;
• stakeholder and client focus; and
• 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.

Applications Functional Specialist x2

Job Description

Brief description

The main purpose of this position is to provide functional support to the South African Reserve Bank’s (SARB) core banking applications, with a focus on business analysis, testing and general functional support.

Detailed description

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

• Provide application functional support to the SARB applications for users in the SARB Group, namely the SARB and its subsidiaries.
• Drive business analysis initiatives for SARB applications enhancements, from the initiation to the implementation of projects.
• Facilitate workshops and consult with business owners and other stakeholders with regard to problem definition and the identification of business requirements/needs.
• Review business processes and procedures, analyse business requirements/needs and associated data and identify possible solutions.
• Expand the scope and feasibility of solutions and develop the supporting business cases.
• Facilitate user requirement management throughout the system development life cycle.
• Manage change requirements and supporting specifications, provide functional specification and manage acceptance testing.
• Manage stakeholder relationships to ensure the delivery of a high-quality service and fit-for-purpose solutions.
• Configure complex business processes and tasks (where appropriate) within a system for improvement.
• Identify and register risks within their application functional streams.
• Configure (functional) the application as per approved business requirements and align with best practice.
• Develop systems training material and training plans and present training courses in support of new application functions.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in Information Technology or an equivalent qualification; and
• five to eight years’ experience in applications and functional and business analysis within the implementation and/or support environments of applications.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and professional development;
• business transformation and optimisation; 
• elicitation techniques;
• business analysis practices, methodology and tools;
• realisation and testing practices; 
• IT domain management;
• planning and organising; and
• analysis and problem-solving.

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

All the best with your applications.