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 Business Analyst 

Job Description

Brief description

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

Detailed description

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

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

Qualifications

Job requirements

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

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

The following would be an added advantage:

• experience in banking or banking services back-office systems;
• ADONIS experience;
• ISO knowledge; and
• agile and waterfall methodology experience.

Additional requirements include:

•    knowledge and skill in:
–    information technology (IT) governance, risk and compliance;
–    continued learning and/or professional development;
–    quality assurance;
–    continuous improvement;
–    business transformation and optimisation;
–    elicitation techniques; 
–    business analysis practices, methodology and tools;
–    benefits realisation and testing practices;
    
•    the ability to:
–    drive results;
–    think strategically;
–    manage complexity and ambiguity;
–    lead change;
–    plan and organise;
–    develop and grow others;
–    use good judgement and decision-making;
–    be resilient;
–    impact and influence; 
–    build and maintain relationships; and

•    industry, organisational and business awareness.

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

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

Click here to apply

Financial Stability Oversight Committee Secretariat Official

Job Description

Job title: Financial Stability Oversight Committee Secretariat Official

Location: Head Office, Pretoria

Organisation name: Research, Information and Coordination Division 

Department description: Financial Stability Department

Brief description

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

Detailed description

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

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

Qualifications

Job requirements

To be considered for this position, candidates must have:

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

Additional requirements include: 

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

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

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

Group Security System Design and Research Consultant – GSMD

Job Description

Brief description

The main purpose of this position is to conduct research, investigate and design physical electronic security system products, ensuring implementation of appropriate and effective security technologies for the South African Reserve Bank (SARB) Group. 

Detailed description

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

• Provide input into the strategic planning and execution of security systems’ research and development, focusing on the ‘Design’ phase within the ‘Design-Build-Run’ lifecycle, ensuring the deployment of innovative and effective physical security solutions across the SARB Group.
• Provide guidance on choosing fit-for-purpose cutting-edge security infrastructure.
• Develop and oversee the implementation of the security research and design process across the Group to ensure consistent management of security systems.
• Conduct in-depth research on current and emerging security technologies, trends and methodologies, to ensure that SARB Group stays at the forefront of security technology and methodologies.
• Design physical electronic security system products to ensure fit-for-purpose security technologies to enhance SARB Group physical security posture.
• Perform continuous reviews and updates of the SARB Security Designs and associated design documentation.
• Investigate, analyse and recommend security system solutions against new and existing products and technologies. 
• Laise with internal and external stakeholders to ensure technical and functional research and design aspects align with security architecture principles and result in feasible, integrable solutions.
• Manage research and design projects from conception to completion, ensuring that they are delivered on time, within scope and on budget. 
• Provide regular updates to leadership on project progress. 

Qualifications

To be considered for this position, candidates must have:

• a Bachelor’s degree in Information Technology, Security Systems Management,  Electronics Security Systems or an equivalent NQF7 qualification; and
• five to eight years of experience in the research and design of physical security systems.

Additional requirements include:

• drive for results;
• teamwork; 
• effective communication; 
• building and maintaining relationships; 
• impact and influence; 
• interpersonal sensitivity; 
• analysing and problem-solving; 
• planning and organising; 
• judgement and decision-making; 
• strategic thinking; 
• conceptual thinking; and 
• manages complexity and ambiguity. 

Click here to apply

Manager: Treasury Accounting – FMD

Job Description

Brief description

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

Detailed description

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

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

Qualifications

To be considered for this position, candidates must have:

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

The following would be an added advantage:

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

Additional requirements include:

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

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

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

Business Analyst

Job Description

Brief description

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

Detailed description

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

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

Qualifications

Job requirements

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

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

Job Related Knowledge include: 

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

Job Related Skills & Attributes are as follows:

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

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

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

South African Reserve Bank Retirement Fund Committee Secretary – FSD

Job Description

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

• Provide technical secretariat support services to the SARB Retirement Fund Board and subcommittees.
• Prepare notices, agendas, meeting packs and minutes within prescribed timelines, and ensure the timely distribution of meeting documentation and communication of resolutions to stakeholders.
• Liaise with the chairpersons of the subcommittees to facilitate consensus prior to the tabling of items before the Board or subcommittee, identifying priorities, issues, concerns and strategic challenges, to ensure the effective functioning of the Board and subcommittees.
• Assist with administrative matters during meetings, confirming a quorum, scheduling the presenters and ensuring that the attendance register is signed.
• Extract matters arising from minutes and follow up on the actioning of the matters arisen.
• Ensure that the document filing system is maintained, including document filing, archiving, retrieval, access and unpublishing meetings as required.
• Develop and maintain the annual calendar and work plans for the Board and all the subcommittees.
• Facilitate and coordinate the annual review of the Board Charter and terms of reference (ToRs) for all the subcommittees.
• Facilitate and coordinate the production of the SARB Retirement Fund’s Annual Report as well as the document publishing and submission processes.
• Support the SARB Retirement Fund’s Secretariat function’s projects/initiatives when required.
• Apply the provisions of the Pension Funds Act 24 of 1956 and its Regulations in all due processes to ensure compliance with legislation, regulations, governance practices, ToRs, policies and delegations of authority. 

Qualifications

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

• at least a National Diploma or an Advanced Certificate (NQF 6) in Legal or Business Administration, or an equivalent qualification in a related field; and 
• at least 3‒5 years’ experience in performing the relevant duties within a secretariat environment. 
•  

The following would be an added advantage:

• secretarial experience within a pension fund administration environment.

Additional requirements include:

• industry, organisational and business awareness;
• quality assurance; 
• continuous improvement;
• continuous learning and/or professional development; 
• financial accounting;
• financial reconciliation;
• taxation;
• pension administration;
• function-specific performance management;
• function-specific information systems;
• effective communication;
• flexibility;
• a drive for results;
• teamwork;
• a service and stakeholder focus;
• building and maintaining relationships;
• analysis and problem-solving skills;
• resilience;
• client orientation; and
• attention to detail.

Click here to apply

Client Liaison Officer X3 – FSD

Job Description

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

• Compile and analyse information related to customer interactions, and provide insights to relevant stakeholders to facilitate decision-making.
• Source, record, store and publish up-to-date information related to the banking service offering.
• Onboard and train new banking customers in a seamless and efficient manner, including training on the relevant SARB platforms.
• Build strong customer relations and be responsive to customers’ needs and concerns for an enhanced service offering.
• Facilitate client engagements for any new initiative which affects customers.
• Attend to all customer communication (requests, queries etc.) via various communication channels to ensure that customer needs are met timeously.
• Perform work independently but within established practices as well as given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines.
• Create and maintain consistent and up-to-date customer information that meets the legislative, quality and security requirements of the SARB.
• Proactively broaden own knowledge of the payments and service management area, including technological advancements, displaying a willingness to make improvements in own work (including methods and practices).

Qualifications

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

• at least a National Diploma or an Advanced Certificate (NQF 6) in Accounting or Business Administration, or an equivalent qualification in a related field; and
• at least 2–4 years’ experience in a customer-facing banking environment.

The following would be an added advantage:

• a Bachelor’s degree (NQF 7) in Accounting or Financial Accounting.

Additional requirements include:

• industry, organisational and business awareness;
• quality assurance; 
• service management;
• service delivery;
• continuous improvement;
• continuous learning and/or professional development;
• financial accounting; 
• financial reconciliation;
• function-specific information systems; 
• finance-related legislation as well as governance, risk and compliance; 
• verbal and written communication;
• a drive for results;
• a learning focus;
•  
• a service and stakeholder focus; 
• teamwork; and
• analysis and problem-solving skills.

Click here to apply

ERD Winter School – ERD

Job Description

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

Date and location:

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

What must be submitted with your application?

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

You will meet the requirements if you:

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

Qualifications

Degree focus areas

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

Economics | Statistics | Mathematics | Finance | Actuarial Science 

Click here to apply

Data Privacy Business Partner – BSTD

Job Description

Brief description

The main purpose of this position is to facilitate and ensure the implementation of privacy standards within the assigned business clusters and to provide specialist privacy consultancy to those clusters at the South African Reserve Bank (SARB).

Detailed description

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

• Facilitate the implementation of personal information (PI) measures, privacy tools, standards and procedures for the assigned business clusters to ensure the lawful processing of PI.
• Conduct impact assessments on current processes and new projects within the assigned clusters to identify compliance gaps and recommend remedial actions.
• Drive the implementation of remedial actions for both existing processes and new projects in the assigned clusters.
• Identify gaps in privacy training and facilitate relevant training within these clusters.
• Conduct and/or oversee audits of existing and new PI processes, including high-risk third parties, following priorities set by the Data Protection Officer.
• Analyse data and identify patterns for the assigned business clusters, providing insights and recommendations to address compliance gaps.
• Prepare privacy reports for the assigned clusters for departmental management committees on compliance with the Protection of Personal Information Act 4 of 2013 (POPIA).
• Ensure that any PI breaches are logged correctly by the assigned business clusters.
• Conduct preliminary investigations into PI breaches and coordinate or participate in problem identification, root cause analysis and making recommendations to prevent future occurrences.
• Stay current with PI knowledge and skills to maintain professional expertise and relevant accreditations.
• Establish and maintain both internal and external stakeholder relations, ensuring continued compliance with PI conditions.
• Keep abreast of industry developments and best practices, ensuring these are applied within own work.  
• Support the implementation of the third-party risk assessment framework to ensure that third-party contracts meet PI requirements.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in either Compliance or Law, or an equivalent qualification in a related field;
• at least five to eight years of relevant work experience in data privacy and protection programme management, audit and/or compliance, practices, processes, risk management and technologies; and 
• at least five years of regulatory experience in the banking industry.

Additional requirements include:

• knowledge and skill in:
  • industry, organisational and business awareness;
  • continual improvement and quality assurance;
  • continued learning and/or professional development;
  • POPIA;
  • project management;
  • information-related legislation; 
  • legislation, governance, risk and compliance;
  • control definition;
  • quality assurance;
  • risk definition; and
  • risk identification and 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.

Click here to apply

SARB Graduate Development programme

Job Description

South African Reserve Bank Graduate Development Programme

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

What the SARB does

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

What the Programme is about

Exposure to departments in the SARB

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

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

After the first year 

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

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

Qualifications

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

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

You meet the requirements if you:

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

Click here to apply

Data Science Graduate Development Programme

Job Description

South African Reserve Bank Data Science Graduate Development Programme

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

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

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

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

One year

Qualifications

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

SARB Graduate                                                                                         2024-03-05

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

Additional requirements

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

Click here to apply

Security Official x3 Johannesburg

Job Description

Brief description

The main purpose of this position is to protect and safeguard the personnel, facilities and assets of the South African Reserve Bank (SARB), Johannesburg Cash Centre.

Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorised activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).t and safeguard the facilities, personnel, and assets of the Bank.

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification; 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification;
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun);
• a minimum of two to five years of working experience in a security environment;
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms;
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position;
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

Click here to apply

Security Official x2 – Durban

Job Description

Brief description

The main purpose of this position is to protect and safeguard the personnel, facilities and assets of the South African Reserve Bank (SARB), Durban Cash Centre.

Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorised activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification; 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification;
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun);
• a minimum of two to five years of working experience in a security environment;
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms;
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position;
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

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Manager: Operations – CODI

Job Description

Brief description

The main purpose of this position is to provide managerial leadership and strategic guidance to the Business and Operations Division within the Corporation of Deposit Insurance (CODI). This includes managing and coordinating the development and delivery of business solutions to ensure efficiency and governance of operations across CODI.

Detailed description

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

• Provide strategic direction and thought leadership in the development, implementation and monitoring of divisional strategy in accordance with CODI’s overall strategy.
• Provide leadership for the Business and Operations Division by aligning operational plans with CODI’s strategic objectives, clarifying roles, setting performance expectations, managing the performance of direct reports, providing technical guidance and promoting a culture of inclusion as well as supporting career development within the division.
• Ensure the identification and availability of appropriate and efficient business solutions, including systems, controls, procedures, services and management information, ensuring the overall operational effectiveness of CODI.
• Oversee and monitor the data submission process for banks, including the onboarding and offboarding of banks and the analysis of the data submitted.
• Ensure adequate financial controls over premium, levy and liquidity funds by ensuring accurate calculations, monitoring collections, managing refunds, overseeing investments returns and facilitating payments to member banks in accordance with liquidity loan agreements. 
• Oversee, guide and monitor the implementation of CODI’s processes, systems and services-related programmes and projects.
• Conduct an annual assessment of levy income to confirm that CODI’s earnings are sufficient for its operational budget and consistently monitor and report on spending.
• Develop and review divisional deliverables for resolution support to ensure alignment with CODI’s objectives and functions.
• Manage stakeholder engagements, internal and external, to ensure effective collaboration and compliance.
• Ensure management agreements with the South African Reserve Bank support departments and contracts with banks regarding funding, pay-out arrangements and other membership requirements are in place.
• Ensure compliance with all legislative, regulatory and policy requirements of CODI and ensure that divisional risks are identified, assessed and mitigated through effective risk mitigating measures.
• Direct and oversee the compiling and auditing of CODI’s annual financial statements and the development of CODI’s annual report for submission to parliament.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Finance or Information Technology; and 
• 8−10 years’ experience in providing business solutions in the financial sector, with at least 5 years in management.

Additional requirements include:

• industry, business and organisational knowledge and skill;
• quality assurance knowledge and skill;
• continuous improvement knowledge and skill;
• continued learning/ professional development knowledge and skill;
• general management;
• banking system;
• finance and Investments;
• accounting;
• risk management practices and standards;
• relevant legislation and international standards; and
• information and communications technology (ICT).

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

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Manager: Policy and Regulation – CODI

Job Description

Brief description

The main purpose of this position is to provide effective managerial leadership and strategic guidance regarding deposit insurance policy and regulation. This will enable the Corporation for Deposit Insurance (CODI) to fulfil its mandate and contribute to the financial stability mandate of the South African Reserve Bank.

Detailed description

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

• Contribute to the development of CODI’s strategy by developing, implementing and monitoring the Policy and Regulation Division strategy, ensuring alignment with CODI’s overall objectives.
• Provide leadership for the Policy and Regulation Division by aligning operational plans with CODI’s strategic objectives, clarifying roles, setting performance expectations and managing the performance of direct reports, including providing technical guidance, supporting career development and overseeing the delivery of work through effective resource utilisation, prioritisation and target setting.
• Manage the policy formulation process, including directing and conducting research for the development and/or refinement of policy tools, development of regulatory frameworks for member banks and all related work in terms of deposit insurance-related legislative frameworks, such as those outlined in the Financial Sector Regulation Act 9 of 2017.
• Administer and oversee the implementation of deposit insurance policy and regulatory instruments to fulfil the objective and functions of CODI.
• Develop resolution support plans and execute regular resolution support simulations to ensure CODI’s readiness to effectively fulfil its mandate.
• Provide input to the communication and awareness strategy by overseeing and participating in public awareness initiatives, as well as educating banks and depositors about the features of the deposit insurance scheme.
• Provide input to reports relating to the functions of CODI, including risk management, audits, compliance, annual reports and financial statements.
• Report on deposit insurance policy and regulatory matters to CODI’s Chief Executive Officer (CEO) and the board of directors and provide guidance thereon where necessary.
• Participate in assessments and surveys of the deposit insurance system by international bodies, such as the International Monetary Fund’s Financial Sector Assessment Program.
• Represent CODI in various local, public (such as parliament) and at international fora on deposit insurance matters and influence international standards and/or developments.
• Oversee compliance reviews conducted by CODI on banks to determine if banks’ operational procedures and internal controls adhere to the legislative requirements and deposit insurance regulations established by CODI.
• Stay abreast of local and global deposit insurance and resolution developments and assess the impact of these on local regulatory frameworks and make recommendations for amendments to the South African deposit insurance framework.
• Manage the development of a stakeholder engagement strategy with internal and external stakeholders.

Qualifications

Job requirements

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

• an honours degree (NQF8) in Economics, Accounting, Finance, Law or an equivalent qualification; and 
• 8−10 years’ experience in the banking or banking supervision environment, with at least 5 years in management.

Additional requirements include:

• industry, business and organisational knowledge and skill;
  • quality assurance knowledge and skill;
  • continuous improvement knowledge and skill;
  • continued learning/professional development knowledge and skill;
  • regulatory framework and international standards;
  • general management;
  • financial sector;
  • banking system;
  • central banking; and
  • corporate governance and risk management practices.

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

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We wish you all the best with your applications