South African Reserve Bank (SARB) Jobs

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

Senior Analyst – Domestic Settlement Services

Job Description

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

• Manage and coordinate project, change, operational and business analysis activities (e.g. identify deliverables, determine the scope of work and identify tasks) in order to develop and maintain the South African Multiple Option Settlement (SAMOS) system.
• Develop service level agreements with SAMOS participants and payment system operators. 
• Ensure compliance with the service level agreements between the SAMOS system operator, the SAMOS participants and the payment system operators. 
• Approve the business processes and procedures relating to the domestic settlement system.
• Assist with, coordinate and provide training and capacity-building initiatives to internal and external stakeholders. 
• Manage the business relationships with SAMOS participants, payment system operators and internal stakeholders, and ensure that the necessary support is provided.
• Manage the testing of the domestic settlement system to ensure compliance with business and operational requirements.
• Develop and implement a cost recovery framework for the domestic settlement system. 
• Support risk management (including cyber and operational risk) and compliance for the domestic settlement system.
• Develop and prepare operational reports on the domestic settlement system, monthly and when required.
• Conduct research to ensure alignment with international best practices.
• Act as a change champion for key strategic initiatives within the Domestic and Regional Settlement Services (DRSS) Division (e.g. real-time gross settlement (RTGS) system Renewal Programme or new product and service launches).
• Oversee and execute the tasks as set out by the stakeholder management framework and track key performance indicators (KPIs) as defined by senior management.
• Coordinate the onboarding of participants (banks and non-banks) to the RTGS.
• Report all suspicious fraud and ant-money laundering/combating the financing of terrorism/proliferation financing transactions to the RTGS Rules Management and Compliance Enforcement Unit.
• Coach and mentor junior staff members to ensure development and growth. 
• Evaluate own and team members’ performance against given criteria and identify and address task-specific learning needs.
• Plan, organise, control, manage and evaluate the work of team members.

Qualifications

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

• an Honours degree (NQF 8) in Financial Management or Information Technology (IT), or an equivalent qualification; and
• 8−10 years’ experience in the banking, financial services or payment system environment.

Additional requirements include:

• knowledge of RTGS systems;
• knowledge of the SWIFT payment system messaging standards; 
• strong experience in risk management;
• knowledge of the national payment system;
• project management skills and experience; 
• analytical skills;
• decision-making skills;
• proven problem-solving skills; 
• computer literacy;
• knowledge of research methodologies; and
• strong verbal and written communication skills.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Human Resources Department

Senior Analyst – Regional Settlement Services

Job Description

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

• Plan the project operational and business analysis activities (e.g. identify deliverables and tasks and determine the scope of work).
• Manage projects and business analysis activities to ensure delivery of projects’ objectives.
• Maintain, manage and operate the regional system according to service level agreements.
• Develop business procedures and processes relating to the regional system.
• Provide training and capacity building on the system to internal and external stakeholders. 
• Manage business relationships with stakeholders, central banks and with system participants, in conjunction with their central banks, and ensure necessary support is provided.
• Manage the testing of the regional system to ensure compliance with business and operational requirements.
• Execute the cost recovery framework for the system.
• Support risk management and compliance for the regional system.
• Perform stand-by supervisory role for the regional system, when required.
• Develop and prepare operational reports on the regional system, monthly and when required.
• Develop service level agreements with participants, regional clearing and settlement operations and other stakeholders.
• Oversee and execute the tasks as set out by the stakeholder management framework.
• Coordinate the onboarding of participants (banks and non-banks) to the real-time gross settlement (RTGS) system.
• Report all suspicious fraud and ant-money laundering/combating the financing of terrorism/proliferation financing transactions to RTGS Rules Management and Compliance Enforcement Unit.
• Act as a change champion for key strategic initiatives within the Domestic and Regional Settlement Services (e.g. RTGS Renewal Programme or new product and service launches).
• Evaluate own and team members performance against given criteria and identify and address task specific learning needs.
• Coach and mentor junior staff members to ensure development and growth. 
• Plan, organise, control, manage and evaluate the work of team members.

Qualifications

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

• an Honours degree in Economics, Financial Management, Information Technology or an equivalent qualification; and 
• 8−10 years’ experience in banking, financial or payment system environment.

Additional requirements include:

• knowledge of RTGS system;
• knowledge of SWIFT payment system messaging standards; 
• risk management skills;
• knowledge of the national payment system;
• project management skills; 
• analytical skills;
• decision-making skills;
• research methodologies skills; and 
• problem-solving skills.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Human Resources Department

Junior Bank Analyst

Job Description

Brief description

The main purpose of this position is to perform prudential oversight of designated registered banks through off-site and on-site monitoring, analysis and supervision, thereby contributing to the financial soundness and sound governance of such entities and the safety and soundness of the financial sector.

Detailed description

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

• Provide oversight of designated banks and participate in supervisory practices.
• Analyse and assess the strategies, business models and business portfolios of banks.
• Analyse, monitor and form a view of the risks banks are exposed to (i.e. credit, liquidity, market, capital and operational risks) and the impact thereof on their risk profiles. 
• Assess compliance with the Banks Act 94 of 1990 (Banks Act), Financial Sector Regulation Act 9 of 2017 (FSR Act), Regulations relating to Banks and all prudential and regulatory requirements. 
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles.
• Analyse and interpret financial and risk information, including risk-based regulatory data submissions and their alignment to industry best practices. 
• Contribute to and participate in risk-based meetings with banks and their auditors. 
• Prepare detailed reports based on the outcomes of analyses.
• Manage correspondence and maintain electronic records in line with operational standards.
• Contribute towards the attainment of departmental strategic objectives.
• Contribute towards the attainment of operational objectives.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Accounting, Banking, Economics, Finance, Risk Management or a relevant equivalent qualification; and 
• two years’ relevant working experience in a regulatory environment or the financial sector.

Additional requirements include:

• problem-solving and analytical skills;
• financial and business acumen;
• attention to detail;
• verbal and written communication skills;
• time management skills;
• good working knowledge of the Microsoft Office suite (Word, Excel and PowerPoint) and other related software packages;
• knowledge of the Banks Act, FSR Act and related standards and regulations;
• knowledge and understanding of the Basel Committee on Banking Supervision’s (BCBS) Core Principles for Effective Banking Supervision;
• knowledge and understanding of the BCBS’s supervisory framework; 
• knowledge of prudential supervision and the supervisory framework applied in South Africa;
• knowledge of basic risk management standards and practices applied by banks and banking groups;
• an understanding of key issues and risks banks and banking groups are facing;
• in-depth knowledge of the business of banks;
• an understanding of the business models applied by banks and their financial and operating environment; and
• knowledge and understanding of corporate governance and risk management best practices and standards.

Business Analyst – Domestic Settlement Services

Job 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.
• Facilitate workshops independently and consult with business owners and stakeholders in respect of problem definitions and the identification of business requirements/needs. 
• Review business processes and procedures, elicit and 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.
• Assist with the change requirements and provide specifications. 
• Investigate problems and propose solutions by interacting with users, developers, testers and other stakeholders. 
• Develop manuals and plans, and present training courses in support of implementation. 
• Support project testing activities
• Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes, and apply these in own work. 
• Engage in multiple initiatives simultaneously and take on a project management role in some initiatives.
• Plan, organise, control, manage and evaluate the work of team members and administer human capital functions. 

Qualifications

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

• An Honours degree in Technology or Finance; and 
• a minimum of five years’ experience within a business analysis environment. 

The following would be an added advantage:

• a Diploma in Business Analysis; and 
• experience in banking, with a focus on settlement and payment services, or back-office banking systems.

Additional requirements include:

• an understanding of banking systems and reports;
• driving results; 
• managing complexity and ambiguity; 
• leading change; 
• planning and organising skills; 
• developing and growing others; 
• judgement and decision-making skills; 
• 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.

Human Resources Department

Building Information Systems Manager

Job Description

Brief description

The main purpose of this role is to manage the BIS (BIM, Vault, Navisworks, AutoCAD, Revit, Candy, Software, etc.) environments and ensure that the BIS environments are available for collaboration between the professional teams, construction, engineering sub/contractors and internal SARB staff, according to PROCSA Stage 1 to Stage 6 / JBCC / FIDIC / or relevant contracts of the SARB Construction / Engineering Programmes and Projects.

Detailed description

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

• Develop and implement the Building Information Systems (BIS) standards, processes, procedures and execution plans according to best practice and international standards i.e. ISO 19650.
• Provide BIS Subject Matter Expert (SME) input throughout the planning, execution, monitoring and maintenance of the built environment programmes and projects life cycle stages.
• Monitor and analyse the BIS environments to ensure compliance to the SARB Security Controls, identify gaps and risks as well recommend solutions to the Cyber Team for improvements.
• Allocate BIS (BIM, Vault, Navisworks, AutoCAD, Revit Software, Candy, etc.) licenses and manage access control to the relevant internal and external SARB stakeholders working closely with the BSTD Assets team.
• Keep abreast of best practices within BIS (BIM, Vault, Navisworks, AutoCAD, Revit, Candy, Software, etc.) and make recommendations for application within the SARB.
• Provide BIS training and skills transfer for SARB internal and external stakeholders in conjunction with BSTD and service providers.
• Lead and manage programmes / projects teams in BIS programmes / projects setup.
• Implement and monitor SARB BIS Service Level Agreements (SLA).
• Manage the full integration of all BIS project information (construction models, specifications, shop drawings and schedules) to facilitate realtime stakeholder access and collaboration.
• Define and interpret end user requirements, oversee the testing and implementation of new solutions, enhancements and upgrades to existing hardware, software, systems, in consultation with business, BSTD and/or other stakeholders ensuring alignment with business needs and requirements (business processes, reports, upgrades, patches and fixes).
• Monitor and facilitate the timely resolution of all system related issues reported by the Cash Centres and other SARB Head Office (HO) users and manage the incident management process to ensure efficient service delivery.
• Provide budget input during the budgeting cycle and ensure approval thereof for any future requirements for BIS Software
• Provide reports and present to CSD IT Portfolio Steering Committee and any SARB governance structure as required regarding the progress and use of the BIS environment by the relevant internal and external SARB stakeholders.

• Create, implement, and manage upgrade and deployment strategies for the BIS environment in alignment with BSTD Change Advisory Board (CAB)Analyse the project work breakdown structures (WBS) and cost breakdown structures (CBS), in conjunction with relevant stakeholders.

Qualifications

Job requirements

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

• a B Tech or equivalent (NQF 7) (e.g. architecture, construction product design civil engineering or architectural technology; and
• eight to ten years of experience in the consulting and built environment, (managing BIS environments Additional requirements include:
• Knowledge of:
  • an Array of AutoDesk products (Revit is essential)
  • BIM 360
  • Vault will be advantageous.
• Knowledge and experience
  • HVAC systems, Fire Systems, Wet Services and Electrical.
  • Equipment and service coordination of multidisciplinary services.
  • coordinate with other services (i.e. Structures, Fire, Wet Services, Architectural (internal and external) etc.).

Soft Services Worker

Job Description

Brief description

The main purpose of this position is to provide cleaning services and ensure a hygienic environment for the employees and visitors of the South African Reserve Bank (SARB).

Detailed description

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

• Organise self and ensure that the work allocated is completed within the set time and according to defined standards. 
• Deliver high-quality and relevant work, which includes the following:
• Execute cleaning functions as per the schedule for the executive floors and the official residence.
• Perform preventative and corrective maintenance related to cleaning. 
• Comply with occupational health and safety regulations. 
• Provide relieve duties related to cleaning. 
• Report information clearly and accurately to the team leader, team members and other internal stakeholders (as may be needed).
• Display service orientation in interactions with colleagues and stakeholders. 
• Comply with expected standards and procedures for the completion of allocated tasks and activities. 

Qualifications

Job requirements

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

• a Grade 12 or Matric certificate; and
• at least one year of job-related experience in the corporate environment. 

Additional requirements include:

• verbal and written communication skills;
• flexibility;
• a drive for results;
• teamwork; and
• a service and stakeholder focus.

Risk Analyst

Job Description

Brief description

The main purpose of this position is to embed and maintain risk management processes, frameworks and policies within the South African Reserve Bank (SARB) Group to respond to risk exposures and leverage on opportunities.

Detailed description

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

• Embed risk management frameworks, methodologies, processes, systems and related policies relating to i.e. operational risk, key risk indicators, risk incidents, information technology (IT) risk, emerging risks etc.
• Analyse and understand the business environment to support and guide the identification of risks and opportunities. 
• Coordinate and embed operational risk, including IT application risks and continuous risk management across the SARB Group. 
• Identify and report on emerging risks to the SARB Group.
• Consolidate, analyse, maintain and report on the centralised risk incidents database for the SARB Group.
• Entrench the monitoring and review of operational risk action plans by client departments.
• Identify and coordinate departmental risk management training needs. 
• Conduct training and support to clients on risk management processes and tools.
• Embed and promote a positive and proactive risk management culture across the SARB Group.
• Conduct quality reviews on the departments’ compliance with risk management policies and framework, including risk management outcomes and activities within the SARB Group.
• Compile and coordinate reporting on risk management outcomes and activities to the SARB Group’s management, executives and risk oversight committees.
• Research and benchmark leading risk management processes and developments and propose improvements accordingly.
• Manage the implementation of the Risk Management and Compliance Department (RMCD) strategic and operational risk treatment action plans, and report on the progress and impact on risks.
• Provide input into the risk management overarching plan.  
• Review the risk management database to ensure the integrity of data.
• Build and manage relations with clients and other stakeholders.
• Collaborate with other internal and external stakeholders to provide data, insights and analytical expertise on risk and controls across the SARB Group.

Qualifications

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

• a Bachelors degree in Risk Management, Auditing or any other relevant NQF7 qualification;
• five to eight years’ relevant and practical experience in the operational risk and/or auditing field.

The following would be an added advantage:

• an Honours degree (NQF8) or relevant qualification with Auditing or Risk Management; 
• Certified Risk Management (CRM) Practitioner;
• experience in the use of the risk management computer software application.

Additional requirements include:

• industry, organisational and business knowledge and skill;
• continuous improvement knowledge and skill; 
• quality assurance knowledge and skill;
• continued learning and/or professional development knowledge and skill (Level 3); 
• risk management principles, tools, methodologies, frameworks, policies and processes knowledge and skill (Level 3);
• risk management strategy and planning knowledge and skill (Level 3); 
• risk identification, analysis and assessment knowledge and skill (Level 3);
• risk mitigation and management knowledge and skill knowledge (Level 3); 
• risk monitoring and reporting knowledge and skill (level 3); 
• project management skill; 
• ISO 31000 standards, King IV and COSO frameworks;
• risk management facilitation knowledge; and
• knowledge of operational risks (including IT application risks) and controls.

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.

Legal Counsel

Job Description

Brief description

The main purpose of this position is to provide comprehensive and effective legal advice to the South African Reserve Bank (SARB) and its subsidiaries (collectively called the SARB Group) in the fields of monetary, financial, currency and commercial law. 

The incumbent may also be required to support legal counsel in the provision of legal advice and to contribute proactively to the mitigation of legal risk within the SARB Group.

Detailed description

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

• Identify, address and manage potential legal risks within the SARB Group.
• Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations. 
• Conduct research into a wide range of matters relating to financial, commercial and central banking law.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
• Represent the Legal Services Department, the SARB and the SARB Group on the regional, national and        international committees.
• Report on, and provide guidance, advice and legal opinions to, the above-mentioned committees.
• Review and draft policies for the SARB Group.
• Institutionalise processes to enhance efficiencies within the SARB Group.
• Provide legal advice and opinions.
• Draft and vet various financial and investment banking agreements.
• Manage litigation.

Qualifications

Job requirements

To be considered for this position, candidates must:

• be in possession of an LLB degree (NQF 8) or an equivalent appropriate legal qualification; 
• be an admitted attorney, advocate or corporate lawyer within a corporate or investment banking legal environment or within a reputable banking/finance legal practice; and
• have at least five to eight years of experience as a practising attorney, advocate or in-house legal counsel.

The following would be an added advantage:

• a solid record in leading and closing complex legal projects;
• experience in company law; and/or
• exposure to financial markets, financial technology (fintech) and/or payment systems.

Additional requirements include:

• assertiveness;
• problem-solving and analysis skills;
• communication skills (verbal and written); 
• judgment and decision-making skills; 
• presentation skills;
• listening skills
• relationship management;
• being a self-starter; and
• driving execution.

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.

Cyber Security Specialist – Cloud

Job Description

Brief description

The main purpose of this position is to research, design, develop, implement and mature technologies and solutions related to Cyber Security Operations (CSO) within the Business Solutions and Technology Department of the South African Reserve Bank (SARB).

Detailed description

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

• Provide technical expertise as input into cloud security capabilities and appropriate controls for departmental/SARB Group projects to contribute towards business objectives.
• Provide operational and management support through effective reporting and dashboard creation where relevant.
• Design and deploy industry-aligned cloud security solutions to meet business requirements.
• Use and maintain cloud security technologies to identify potential security issues across technologies, solutions and applications within the SARB Group.
• Respond to minor security breaches by implementing operational countermeasures, including making technical configuration changes.
• Support the investigation and containment of major incidents using advanced information.
• Innovate, design and implement opportunities for improvements/enhancements, integration, consolidation and automation to ensure cost-effective and optimal use of CSO technology and resources in support of protecting business solutions.
• Research and keep abreast of new and changing cloud and cybersecurity technologies and architectures.
• Scan the external threat landscape and identify vulnerabilities within SARB Group solutions and assist solution owners with remediation activities relating to ever-evolving cyber threats.   
• Provide technical input into addressing audit findings, penetration tests, threat intelligence-based ethical red teaming (TIBER) and other risk assessments. 
• Work closely with the governance teams to develop policies, standards and a Group Cybersecurity Strategy.
• Attend to service and incident requests and ensure the resolution thereof within agreed service level standards.

Qualifications

Job requirements

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

• a minimum of a Bachelor’s degree in Information Technology (IT) (NQF 7) or an equivalent qualification;
• relevant cybersecurity certifications such as CompTIA CASP+; and
• 5-7 years of job-related experience in a security operations environment and related systems (e.g.  Active Directory; Cloud Access Security Broker; database activity monitoring; endpoint detection and response; security information and event management; security orchestration, automation and response; vulnerability assessment; scanners; Azure; and Entra.

The following will be an added advantage:

• technology-specific cybersecurity certifications.

Additional requirements include:

• industry, organisational and business awareness;
• quality assurance knowledge and skills;
• the ability to take a forensic approach to challenges; 
• continued improvement, learning and/or professional development skills;
• knowledge in Active Directory; Cloud Access Security Broker; database activity monitoring; endpoint detection and response; security information and event management; security orchestration, automation and response; vulnerability assessment; scanners; Azure; and Entra;
• networking security knowledge;
• the ability to use logic and reasoning to identify the strengths and weaknesses of IT systems from a cybersecurity perspective;
• testing knowledge;
• operations knowledge;
• effective communication skills;
• analytical and problem-solving skills;
• judgement and decision-making skills;
• a drive for results;
• learning focus;
• team focus; 
• planning and organisational skills;
• service and stakeholder focus; and
• the ability to build and maintain 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 Test Analyst

Job Description

Brief description

The main purpose of this position is to oversee the design, development and execution of test strategies, test plans and test cases that verify software conformance to the defined acceptance criteria (i.e. system behaviours), feature design documents and application standards to ensure the delivery of quality solutions for the South African Reserve Bank (SARB).

Detailed description

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

• Conduct functional, integration, usability, configuration, installation, system, regression, performance, user acceptance and operations readiness testing.
• Perform gap analyses and analyse business requirements to ensure comprehensive testing can be done.
• Create test strategies, approaches and test cases, including test estimation, to maintain a structured approach during testing.
• Plan, design, develop and deploy testing techniques for new solutions, products, applications and enhancements to existing applications throughout their development life cycles.
• Stay updated with advancements in information and communications technology trends, specifically within the testing field, to design and develop the most appropriate test approaches and solutions.
• Generate progress and quality reports that include test results and statistics to support the final approval for solution implementation.
• Assist in creating user manuals.
• Engage 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:

• an Honour’s degree (NQF 8) in Information Technology (IT) or an equivalent qualification;
• at least 8 to 10 years’ experience in an IT environment; and
• certification from the International Software Testing Qualifications Board (ISTQB) and a database or structured query language (SQL) qualification will be an added advantage.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and professional development;
• IT enablement legislation and governance, risk and compliance;
• application design and development;
• infrastructure testing;
• systems development life cycle (SDLC);
• manual and automation testing; and 
• operations.

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 Manager – Records Management Services

Job Description

Brief description

The main purpose of this position is to provide leadership and strategic direction for the archives and records management function in the South African Reserve Bank (SARB) and to ensure statutory compliance with relevant legislation.

Detailed description

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

• Provide managerial leadership and strategic direction for the establishment and maintenance of the records and information management function in the SARB.
• Manage and oversee the implementation of records and information management strategies and action plans across the SARB.
• Define, plan, develop and implement the policies, procedures, objectives and activities of the records management function and ensure compliance thereto.
• Compile and maintain approved records classification systems for both manual and electronic records.
• Sustain and manage SARB archives (both digital and electronic), ensuring the safe custody and permanent preservation of records of archival value.
• Address information security classification and declassification procedures as prescribed by the Information Security Policy, and direct and coordinate all activities related to records management governance, risk and compliance.
• Drive SARB-wide records management programmes to improve the management, storage and disposal of records (e.g. the digitisation of records and the implementation of the Electronic Document and Records Management System (EDRMS)), ensuring alignment with the SARB’s information technology strategy while providing management oversight and support.
• Oversee the management of born-digital records within the EDRMS.
• Ensure monitoring and evaluation by ensuring sub-records managers are inspected, and that sound records management practices are followed, and all records are kept in safe custody within the SARB.
• Ensure that management training and awareness is conducted throughout the SARB Group.
• Establish and maintain internal and external stakeholder relations to address problems and ensure transparency and the smooth running of operations.
• Manage financial resources in an efficient and optimal manner, including the coordination of budget preparations for approval.
• Ensure compliance with the SARB’s legislative and regulatory requirements and that the risks of the unit are identified and assessed, and adequate risk-mitigating measures are implemented.
• Manage the performance of staff and promote and support career management and development.

Qualifications

Job requirements

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

• a postgraduate degree in Records Management and/or Information Management or an equivalent qualification; and 
• eight to 10 years’ experience in records and information management (document, records, archives and management), with at least five years at senior management level.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• continued learning and/or professional development;
• quality assurance; 
• paper-based records management system; 
• electronic records management system;
• project management;
• general management;
• relevant legislation, regulations and standards;
• change management;
• digital literacy; and
• continuous improvement knowledge. 

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.

Art and Artefact Lead

Job Description

Brief description

The main purpose of this position is to implement the South African Reserve Bank (SARB) Art and Artefact strategy, and to oversee the value chain for the corporate art and artefact collection.

Detailed description

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

• Recommend, manage and implement the SARB’s corporate art strategy, ensuring the collection remains fit for purpose and aligned to the broader objectives of the SARB’s strategy.
• Oversee the curation of themes and art pieces for display across SARB sites and the museum gallery spaces allocated to the Corporate Services Department in collaboration with museum officials.
• Serve as the custodian of the SARB collection exhibitions and how these are curated, displayed and engaged with.
• Manage and oversee the effective sourcing and disposal recommendations to the SARB Art Committee.
• Facilitate the implementation and use of the art tracking and curatorship system.
• Oversee all aspects related to the collection, including but not limited to, the recording, safekeeping, preservation, handling, rotation, maintenance, loans and valuation of the collection.
• Manage all service providers, contracts, budgets and expenditure related to the collection.
• Ensure that a high standard of customer service and excellence is delivered consistently.
• Curate and maintain all information and content required for showcasing the collection, including publishing art collection catalogues and publications.
• Stay abreast of advances and changes that will enhance the value of the collection and related programmes.
• Develop and implement work plans and operational plans, including rotation plans for the collection as well as knowledge-enhancing showcases for SARB employees, students and other interested stakeholders.
• Prepare regular reports, including monthly statistics, in relation to the performance, effectiveness and operations of the collection.
• Ensure adherence and compliance with expected standards, policies, procedures, health and safety protocols, and ensure that all legislative requirements pertaining to the collection are followed.
• Manage the performance and development of the team, including interns and students.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in Fine Arts or an equivalent qualification; and
• six to eight years in a museum, fine arts, art gallery and/or large corporate art collection environment.

Additional requirements include:

• strategic thinking skills;
• conceptual thinking skills;
• judgement and decision-making skills;
• a drive for results;
• the ability to develop others;
• leading change;
• the ability to build and maintain effective relationships;
• effective communication and public speaking skills;
• the ability to promote teamwork;
• analytical and problem-solving skills; and
• a stakeholder and client focus.

Change Management Consultant

Job Description

Brief description

The main purpose of this position is to design, implement and assess change management plans in support of major Corporate Services Department (CSD) projects for quality execution and sustainability to ensure the benefits of organisational change initiatives are achieved.

The successful candidate will facilitate change for major projects that CSD implements within the department or the South African Reserve Bank (SARB), excluding projects undertaken by the Project Management Division.

Detailed description

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

• Apply a structured change management approach and methodology for the people impact of change due to of all allocated CSD projects and initiatives as developed by the Change Management Centre of Excellence within the SARB.
• Contribute to pre-planning activities (including success criteria) and provide change management input to ensure the elements of change are considered in planning the approach of projects.
• Design and facilitate the implementation of change plans, deliverables and priorities in sequence to the project plan, including communication, stakeholder management, resistance and transition plans, as well as issues and the risk log.
• Conduct assessments on a project level (readiness, impact and training), analyse and interpret the results thereof, provide recommendations/interventions and reports, and execute approved interventions to assist stakeholders in decision-making.
• Conduct assessments at the appropriate time (readiness, impact and training) and produce relevant reporting and feedback to assist stakeholders in decision-making.
• Develop and implement a stakeholder and communications plan on a project level, manage and engage the stakeholder network landscape, and link it to relevant communication channel activities and roadmaps.
• Develop basic training material (e.g. quick reference cards), and coordinate and facilitate training conducted by third parties.
• Facilitate the development of and communicate the post-implementation support model for stakeholders.
• Prepare analytical change reports, identify goals and metrics, and make recommendations to guide, advise and influence decision-making throughout the change process, including post-implementation reviews.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in Human Science, Business or an equivalent qualification; and
• five to seven years of job-related change management experience.
   

Additional requirements include:

• verbal and written communication skills;
• flexibility;
• a drive for results;
• teamwork skills;
• a service and stakeholder focus;
• judgement and decision-making skills;
• analytical and problem-solving skills; and
• resilience

Senior Engineer – Energy and Utilities

Job Description

Brief description

The main purpose of this position is to lead Energy and Utility management portfolio – strategy, processes, scope design and data analytics – that informs carbon footprint within the Bank (including Cash Centres) and to enhance corporate real estate (CRES) value through appropriate technology selection, application and meticulous data management techniques.

Detailed description

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

• Manage applied Energy and Utility management systems/applications for optimised data feeds and/or building business systems through SLA with Service Providers.
• Apply rigorous data analytic techniques to derive usable information for management purposes.
• Manage the systems life cycle (conceptualise, plan, scope, coordinate, manage quality and test/ commission) for energy and utility measuring systems (and sub-systems) according to equitable user specifications and/or in keeping with Bank’s CRES policy and Net-Zero strategy.
• Develop project specifications, engineering standards (monitoring and measurement), work instructions and operating procedures for data management tools to achieve proper business intelligence.
• Conduct preliminary research or feasibility studies for the purpose of recommending or approving design modifications to improve efficiency of data monitoring systems.
• Consult or negotiate with business partners and stakeholders in the preparation of operating models, technical specifications and scope of work (SOW).
• Develop and manage a contract management framework that informs service level agreements (SLAs) of suitable service providers.
• Develop a template and reporting dashboard for the Energy and Utilities’ profile to enable the analysis of energy usage as well as the creation of an Energy Performance Certification for the building.
• Take full ownership and accountability for the design and implementation of the energy management strategy and produce quantifiable savings thereof.
• Develop output specifications and working models for Net-Zero audits and participate in ESG governance structures.
• Integrate data according to greenhouse gas emission protocols.

Qualifications

Job requirements

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

• a Bachelors Degree in Engineering or equivalent qualification.
• registration with Engineering Council of South Africa (ECSA) is essential.
• eight to ten years’ job-related experience within engineering and/or utility management environment.

the following will be an added advantage

• a qualification in data or process engineering.
• Business Information or Data Science qualification.

Additional requirements include:

• problem solving and analysis
• effective Communication
• drive for results
•  teamwork
•  service and stakeholder focus
•  building and maintaining relationships
•  judgment and decision making
•  managing complexity and ambiguity
•  system analysis
•  planning, coordinating and organising
•  financial management (including budgeting) 
• quality control and operations analysis
•  critical thinking
•  Resilience or crisis management (work under pressure)

Lead Enterprise Change Management

Job Description

Brief description

The main purpose of this position is to lead the design and implementation of the enterprise change management capability in the South African Reserve Bank (SARB).

Detailed description

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

• Lead the development, execution and communication of holistic and integrated enterprise change strategies and frameworks that support the strategic objectives of the SARB.
• Define and communicate change toolkits, governance processes, training programmes and aggregated transformation roadmaps for the delivery of changes that will lead to business and operational benefits.
• Drive the delivery of a single view of change across the SARB.
• Manage relationships with key business stakeholders, including group communications, human resources and the change management network, to facilitate cross-functional collaboration and ensure an aligned change management approach.
• Coordinate and align change strategies to manage the impact on internal and external stakeholders, which include other regulators, authorised dealers, financial institutions and companies.
• Define the communications strategy and approach for the change portfolio, working together with the Head of Communications Division.
• Use advanced analytics to provide comprehensive reports on the enterprise change management function, including overall change readiness, adoption and business impact within the SARB.
• Maintain a network with other central banks or similar type industries on enterprise change management leading trends.
• Develop and manage relationships with key business stakeholders through the Strategy Management Office (SMO) business partnering model to enable effective strategy execution.
• Identify and mitigate risks related to the enterprise change management function and ensure compliance with relevant governance frameworks as defined by the SARB and the SMO Centre of Excellence.

Qualifications

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

• an Honours degree in Human Sciences or a related qualification; and 
• 8−10 years’ job-related change management experience with large-scale organisational change.

The following would be an added advantage:

• a Master of Business Administration (MBA) degree; and
• a previous experience as the Head of Enterprise Change.

Additional requirements include:

• change and communication management knowledge and skill;
• industry, organisational and business awareness knowledge;
• quality assurance knowledge and skill;
• group strategy planning knowledge and skill;
• market research knowledge and skill;
• continued learning and/or professional development knowledge and skill;
• group strategy knowledge and skill;
• stakeholder management knowledge and skill;
• group strategy tools/equipment usage knowledge and skill;
• group strategy information management knowledge and skill;
• group strategy reporting knowledge and skill;
• conceptual thinking skills;
• service and stakeholder focus;
• effective communication skills;
• building and maintaining relationships;
• impact and influence;
• analytical and problem-solving skills;
• planning and organising skills;
• strategic thinking skills; 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.

Senior Policy Analyst (Fintech)

Job Description

Brief description

The main purpose of this position is to develop and refine the Prudential Authority’s (PA) regulatory frameworks that support achieving its prudential mandate as outlined in the Financial Sector Regulation Act 9 of 2017. 

Detailed description

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

• Conduct financial sector prudential policy-related research and analysis to monitor and influence the policy positions of international financial sector standard-setting bodies as well as local policy matters set by National Treasury and the legislator. 
• Engage National Treasury, the South African Reserve Bank (SARB), financial sector regulators, industry and other stakeholders in support of South Africa’s stance on policy and regulatory matters, with a specific focus on financial technology (fintech).
• Draft prudential policy position papers and regulatory instruments.
• Provide input into and implement the PA’s prudential strategic objectives.
• Analyse the relevance/appropriateness of local and international fintech developments within the context of the PA’s mandate and scope.
• Monitor global prudential policy developments and analyse the impact of these on local regulatory frameworks across the sectors regulated by the PA.
• Adopt and adapt international standards to South African requirements so they are specific to the local environment while also aligned to international criteria.
• Develop and/or refine policy positions and regulatory frameworks on fintech as they relate to banking, insurance, financial market infrastructures, financial inclusion and all other sectors regulated by the PA.
• Represent South Africa and influence international standard-setting bodies.
• Represent the PA in Parliament and other forums on policy matters and legislation.
• Be a custodian of the relevant PA policy processes and related governance processes.
• Coordinate and complete international surveys related to the field of expertise.
• Brief the PA Chief Executive Officer (CEO), heads of department, divisional heads and the Prudential Committee on policy positions related to specialised fintech-related topics.
• Contribute to and/or draft speeches and briefing notes for the PA CEO, Governor, deputy governors and any PA staff member on specialist topics so that the PA/SARB view is represented locally and internationally.
• Coordinate the PA house view in collaboration with the SARB and other regulators.
• Conduct and coordinate ad hoc research on prudential-related topics.
• Take responsibility for the implementation of all future microprudential matters within the PA’s mandate.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Law (preferable), Finance, Accounting, Insurance, Banking or Economics; and
• eight to 10 years’ relevant experience in the financial sector. 

Additional requirements include:

• problem-solving and analytical skills;
• planning and organisational skills;
• verbal and written communication skills;
• financial and business acumen;
• the ability to be a self-starter and a strong team player;
• keen attention to detail; 
• the ability to maintain confidentiality;
• knowledge and skills in:
  • the financial sector;
  • corporate governance and risk management practices and standards; and
  • international and local fintech developments.

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

Brief description

The main purpose of this position is to provide administrative support and assistance to three senior managers at the South African Reserve Bank (SARB).

Detailed 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 (Microsoft Word, PowerPoint and other formats) required by various committees on behalf of the senior managers, ensuring the timely delivery and high quality of 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

Job requirements

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

• a Grade 12 qualification and Secretarial Diploma (NQF 5) or an equivalent qualification; and
• six to eight years’ experience in a corporate personal assistant or equivalent role.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and/or professional development;
• clerical and administration tasks;
• computer literacy;
• verbal and written communication skills;
• planning and organisational skills;
• attention to detail;
• the ability to work under pressure;
• problem-solving skills;
• organisational awareness;
• the ability to build and manage 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.

CA Trainee

Trending

Job Description

Brief description

The South African Reserve Bank (SARB) invites passionate, innovative and talented applicants to apply for the 2026 intake of its Chartered Accountant (CA) Training Programme.

Detailed description

The aim of the programme is to address the shortage of CAs in the SARB and in the country. Trainees will be given an opportunity to acquire competencies prescribed by the South African Institute of Chartered Accountants (SAICA), reinforce their prior academic education, and develop business acumen, life skills, and professional and ethical values.

Format of the programme

Trainees will be placed in the various departments of the SARB on a rotation basis, thereby giving them an opportunity to gain practical experience and a comprehensive understanding of central banking operations.

Duration of the programme: Three years (starting in February 2026).

Qualifications

To be considered for the programme, candidates must:

• have completed or be in the process of completing a SAICA-accredited:
  • Certificate in the Theory of Accounting (CTA); or
  • Postgraduate Diploma in Accounting (PGDA) or an equivalent qualification; and
  • after passing the CTA or PGDA, must be eligible to write the Initial Assessment of Competence (IAC) Board examination;
• have an academic performance record average of at least 60%; and 
• be a South African citizen. 

Additional requirements include:

• strong analytical skills;
• attention to detail;
• good communication and interpersonal skills; and   
• be curious, self-motivated and resilient.

Click here to apply

We wish you all the best with your applications