South African Reserve Bank 

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

Risk Analyst

Job Description

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

• Embed risk management frameworks, methodologies, processes, systems and related policies.
• Analyse the business environment to support and guide the identification of risks and opportunities. 
• Identify and report on emerging risks to the SARB Group.
• Facilitate, assess, analyse and embed information technology (IT) application as well as general IT risk assessments to enable clients to proactively manage risks relating to technology.
• Consolidate, analyse, maintain and report on the centralised risk incidents database for the SARB Group.
• Identify and coordinate departmental risk management training needs, including for own Risk Management and Compliance Department (RMCD), and conduct related training.
• Embed and promote a positive and proactive risk management culture across the SARB Group.
• Provide input into the SARB-wide overarching risk plan, and embed and coordinate operational risk and continuous risk management across the SARB Group, including key risk incidents and emerging risks.
• Conduct quality reviews on departments’ compliance with risk management frameworks and policies, including the risk management outcomes and activities within the SARB Group.
• Compile and coordinate reporting on the 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 RMCD’s strategic and operational risk treatment action plans, and report on their progress and impact on risks.           
• Assist in the implementation and continuous enhancement of RMCD’s IT systems.
• Review the risk management database to ensure the integrity of data.
• Build and manage relationships with clients and other stakeholders.
• Collaborate with 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:

• the minimum of a Bachelor’s degree in IT, Risk Management or Auditing, or any other relevant NQF 7 qualification); and
• the minimum of 5–8 years’ relevant and practical experience in the IT, IT auditing and/or IT risk management field.

The following would be an added advantage:

• an Honours degree (NQF 8) or another relevant qualification with IT, Risk Management or Auditing; 
• being a Certified Risk Professional or a Certified Information Systems Auditor (CISA);
• having a Certified in Risk and Information Systems Control^® (CRISC^®) certification;
• IT risk management experience in a financial environment; and/or
• experience in the use of a 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; 
• risk management principles, tools, methodologies, frameworks, policies and processes knowledge and skill; 
• risk management strategy and planning knowledge and skill; 
• risk identification, analysis and assessment knowledge and skill; 
• risk mitigation and management knowledge and skill; 
• risk monitoring and reporting knowledge and skill; 
• project management ability; 
• knowledge of ISO 31000 standards, King IV and the COSO framework; 
• risk management facilitation knowledge; and
• knowledge of IT risks and control.

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

Click here to apply

Security Threat Analyst – GSMD

Job Description

Brief description

The main purpose of this position is to research, analyse and report on physical security threats to the South African Reserve Bank (SARB) Group and to provide stakeholders with information for proactive security decisions.

Detailed description

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

• Translate business information requirements into appropriate information collection requirements. 
• Identify, source, access and analyse appropriate information resources and services related to physical security. 
• Satisfy information requirements by using available resources effectively and efficiently. 
• Document information products and package for distribution to stakeholders through structured reporting. 
• Conduct regular environmental scanning to provide early warnings. 
• Apply appropriate analytical techniques, methodologies and technologies to meet the objectives and goals of the analytical task.

Qualifications

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

• a Bachelors degree (NQF7) in Criminology, Security Risk Management, International Relations, Politics or a related discipline;
• specialist training in intelligence analysis and/or completed risk analysis;
• five to eight years’ experience in a law enforcement, intelligence and/or security environment with a strong liaison and coordination capability;
• three years’ experience in intelligence and/or security risk analysis.
• strong knowledge and experience in security technology and practices across different security disciplines; and
• knowledge of standard software analytical tools and exposure to electronic database systems.

Additional requirements include:

• service and stakeholder focus;
• effective communication;
• impact and influence;
• drive for results;
• problem-solving and analysis;
• planning and organising;
• innovation and creativity;
• judgement and decision-making; and
• conceptual thinking.

Click here to apply

Security Risk Analyst: Integrity Management x2

Job Description

Brief description

The main purpose of this position is to research, analyse and report on integrity-related security threats to the South African Reserve Bank (SARB) Group to provide stakeholders with information for security decisions related to personnel security, due diligence, insider threat, corruption, fraud, misconduct, ethical breaches and reputational risk.

Detailed description

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

• Translate integrity business information requirements into suitable information requirements. 
• Identify, source, access and analyse relevant information resources and services related to personnel security. 
• Fulfil information needs by exploiting using available resources in an effective and efficient manner. 
• Document information products and package for distribution to stakeholders through structured reporting. 
• Apply appropriate analytical techniques, methodologies and technologies to meet the objectives and goals of the analytical task.
• Support investigations, vetting processes and integrity interventions through objective analytical input, while maintaining confidentiality and ethical standards.
• Participate in stakeholder engagements (internal and external), displaying the ability to deliver a coherent and convincing message.

Qualifications

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

• a Bachelors degree (NQF7) in Security Risk Management, Security Studies, Intelligence Analysis or an equivalent qualification;
• five to eight years’ experience in an intelligence, security and/or analysis environment with a strong report writing capability;
• three years’ experience in knowledge management;
• specialist training in integrity management, risk analysis, knowledge management and/or investigations; and
• strong knowledge and experience in security risk assessment processes and measures, intelligence analysis methodologies and standard software analytical tools as well as electronic database systems.

Additional requirements include:

• service and stakeholder focus;
• effective communication;
• impact and influence;
• drive for results;
• problem-solving and analysis;
• planning and organising;
• innovation and creativity;
• judgement and decision-making; and
• conceptual thinking.

Click here to apply

Governance, Risk and Compliance Analyst x2

Job Description

Brief description

The main purpose of this position is to ensure the effective implementation of governance, risk and compliance management for the Group Security Management Department (GSMD) in the South African Reserve Bank (SARB) Group.

Detailed description

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

• Monitor and assess compliance with security policies, standards, procedures, standing instructions, legislation and regulatory requirements across Group Security.
• Coordinate the development, implementation and maintenance of Compliance Risk Management Plans (CRMPs) in line with Generally Accepted Compliance Standards (GACS). 
• Track, monitor and follow up on audit findings and management actions to ensure timely resolution of identified control gaps and risk exposures.
• Support the ongoing enhancement of the GSMD Governance, Risk and Compliance (GRC) environment through continuous review and assurance activities.
• Facilitate integrated GRC workshops to provide consolidated and net risk views to management and governance structures.
• Coordinate and integrate GRC reporting into consistent and standardised reporting frameworks.
• Prepare integrated GRC reports, dashboards and management information packs for monthly, quarterly and annual reporting cycles.
• Coordinate reporting to security committees, including support to secretariat functions (agendas, minutes and action tracking).
• Ensure GRC practices are aligned with accepted GRC methodologies while adapting them to GSMD operational requirements.
• Assist in the development and optimisation of GRC workflows, processes and reporting tools to strengthen the overall GRC framework.

Qualifications

To be considered for this position, candidates must have:

• a B Degree (NQF-level 7) in Risk Management, Compliance and/or Governance or an equivalent qualification; 
• five to seven years of experience in a compliance, risk and governance environment;
• solid technical and functional knowledge of security-related legislation and security risk assessments; and
• the ability to work across multiple stakeholders and governance structures.

Additional requirements include:

• relevant security certification or membership of a GRC-specific professional body (will be an added advantage);
• service and stakeholder focus;
• effective communication;
• impact and influence;
• drive for results;
• problem-solving and analysis;
• planning and organising;
• innovation and creativity;
• judgement and decision-making; and
• conceptual thinking.

Click here to apply

Business Analyst (Fixed-term contract)

Job Description

The successful candidates will be responsible for, among other things, 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. 
• 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 have: 

• 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, specifically in payment services or banking services back-office systems. 

Additional requirements are as follows: 

• 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

Click here to apply

Manager: Financial Operations

Job Description

Brief description

The main purpose of this position is to plan, direct and manage a Financial Operations unit within the Financial Surveillance Department (FinSurv), ensuring the effective management of foreign exchange through monitoring the compliance with the Exchange Control Regulations and the Currency and Exchanges Manual for Authorised Dealers.

Detailed description

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

• To give strategic and leadership direction to the division.
• To contribute to the compilation of divisional operational plans and take responsibility for the implementation as well as the monitoring thereof.
• To provide input to stakeholders such as National Treasury and the South African Revenue Service (SARS)in terms of policy enhancement and formulation.
• Take responsibility for the planning of work and improvement of workflow for the division.
• Make suggestions for refining South African Reserve Bank (SARB) policies, processes and systems.
• Manage quality, facilitate delivery of the unit-specific outputs, clarify roles and responsibilities, and optimise and manage unit resources.
• Manage the processing and authorisation of applications as well as act as the signing authority within
• prescribed parameters.
• Manage the risk-based inspection process from end to end in order to ensure adequate preparation, the completion of related administration, team leadership during inspections and effective reporting.
• Design and manage the maintenance of a management information system for consistent and accurate reporting of relevant information to senior management.
• Lead stakeholder engagements (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks.
• Stay current with developments (e.g. changes to exchange control policies, rules and regulations) and provide input to publication and surveys related to own area of expertise.
• Fulfil the line management function pertaining to development and performance of the team.

Qualifications

Job requirements

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

• an Honours degree in Finance, Statistics, Business Economics, Banking, Accounting or a related field; 
• industry, business and organisational knowledge;
• knowledge of, and experience in:
  • quality assurance knowledge;
  • continuous improvement knowledge;
  • continued learning/ professional development knowledge;
  • relevant software applications (MS Word, Excel, etc);
  • the application of the Exchange Control Regulations and the Currency and Exchanges Manual for
  • Authorised Dealers;
  • relevant policies; and
  • financial and exchange control regulatory environment.
• a minimum of 8–10 years’ job-related experience in either exchange control, banking, financial markets or a relevant regulatory environment; and 
• at least two years’ proven experience in managing teams. 

Additional requirements include: 

• interpersonal sensitivity; 
• service and stakeholder focus; 
• impact and influence; and 
• skills in:
  • leading change; 
  • establishing focus; 
  • driving results; 
  • promoting team work; 
  • developing and growing others; 
  • effective communication; 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.

Click here to apply

Associate Risk Analyst

Job Description

Brief description

The main purpose of this position is to support the Financial Markets Department’s mandate by overseeing financial markets regulatory compliance, consistent with applicable legislation, regulatory standards and sound risk management principles. 

Detailed description

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

• Support the ongoing development and implementation of formalised risk management processes.
• Maintain, review and update the FMD compliance and internal control universe by identifying applicable regulatory requirements, internal policies and standards.
• Prepare accurate, reliable and insightful risk and compliance reports for management and relevant governance forums.
• Monitor adherence to investment guidelines, regulatory requirements, policies and internal controls, and escalate non compliance where required.
• Assist in ensuring that FMD practices are aligned with international AML/CFT standards and comply with applicable local and international regulations.
• Analyse risk trends, incidents and control effectiveness, and contribute to actionable risk insights and recommendations.
• Conduct research on regulatory developments, industry practices and emerging risks relevant to financial markets. 
• Preparation of briefings and presentations for internal and external stakeholders.
• Assist in the design and delivery of compliance and operational risk training and awareness programmes within FMD.

Qualifications

Job requirements

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

• a Postgraduate degree (NQF 8) in either Investment Management, Risk Management, Accounting, Finance, Banking or a related field;
• two to five years relevant experience in risk and compliance management within a related discipline.

The following would be an added advantage:

• a Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification.

Additional requirements include:

• sound knowledge of the financial markets, including treasury and an asset management environment.
• excellent knowledge of compliance or AML/CFT, preferably within a financial markets, treasury or asset management environment.
• certification or accreditation in Compliance Risk Management.
• member of a relevant professional body.
• completion of STRATE and/or JSE compliance officer examinations.
• working knowledge of financial instruments, regulatory frameworks, and risk management principles.
• strong analytical and problem-solving skills.
• high attention to detail, with strong written and verbal communication skills.
• good interpersonal and conflict management skills as well as above-average analytical and 
• conceptualisation abilities.
• problem-solving skills.
• proficiency in English, both spoken and written.
• good report-writing and presentation skills.
• proficiency in Microsoft Office products; and
• proven capacity to multitask, deliver results, and respond quickly and effectively to requests.

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

Risk Analyst

Job Description

The main purpose of this position is to prepare, execute, monitor and report on strategic, operational and specialised risks for the Currency Management Department (CMD).

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

• Advise on risk and compliance management issues related to the operating areas within CMD.
• Develop operational risk profiles and action plans for the relevant systems within CMD.
• Support the implementation, review, updating and maintenance of the operational risk management and compliance framework.
• Prepare, liaise with relevant divisions/cash centres and facilitate risk assessment workshops, business impact analysis and business continuity planning sessions, using the SARB’s risk management policies, frameworks, methodologies, processes and systems. 
• Coordinate, plan and execute activities related to managing specialised operational risks, including cyber-risk, change management, project risk management and business continuity management.
• Conduct operational risk assessments, prepare reports, capture risk mitigation plans and provide progress reports in line with RMCD and Board Risk and Ethics Committee agendas.
• Implement risk monitoring processes for risk and compliance management. 
• Assist in preparing for briefings and presentations with relevant stakeholders. 
• Help prepare scenarios, coordinate training and awareness sessions, and provide training in governance, risk management and controls relevant to the department. 
• Coordinate and liaise with RMCD, internal and external auditors, and other relevant stakeholders to enhance audit, risk and compliance activities.
• Log risk incidents related to the operational area, consolidate, maintain and report on the centralised risk incidents database for CMD.  
• Build sound professional relationships with stakeholders through collaboration, customer focus and excellent execution.
• Manage relationships with peers through teamwork, knowledge sharing, positive attitude and providing support to colleagues.
• Actively stay abreast of new approaches (best practices), methods, analytical techniques and procedures in risk management. 
• Research and benchmark leading risk management processes and developments and propose improvements accordingly. 
• Identify and recommend effective ways to improve business processes and systems, adding value to CMD.
• Contribute to other specialised risk management processes, including policies, methodologies and frameworks (e.g. financial risk management, cyber and information security, privacy, physical security, and strategic and operational resilience). 

Qualifications

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

• a minimum of a Bachelor’s degree in Risk Management or any other relevant NQF 7 degree;
• at least five to eight years’ experience in a banking, finance or a payment environment, with at least two years in risk management; and
• a Certified Risk Professional (CRP) certificate or an Honours degree (NQF 8) will be an advantage.

Additional requirements include:

• knowledge and skills in:
• research methodologies;
• risk management principles, tools, methodologies, frameworks, policies and processes; 
• risk management strategy and planning; 
• risk identification, analysis and assessment; 
• risk mitigation and management; 
• risk monitoring and reporting; 
• project management;
• ISO 31000 standards, King IV™ Report on Corporate Governance for South Africa, 2016  and COSO internal control framework application;
• risk management with computer software applications;
• basic knowledge of information and technology (I&T) risks and control;
• digital literacy;
• problem solving and analysis;
• effective communication;
• managing ambiguity and complexity;
• drive for results;
• building and maintaining relationships;
• impact and influence;
• teamwork; and
• stakeholder management.

Click here to apply

Bank Analyst

Job Description

Brief description

The purpose of this position is to perform prudential oversight of designated registered banking entities forming part of a financial conglomerate through a combination of off-site and on-site monitoring, analysis and supervision, thereby contributing to the financial soundness and sound governance of such banking entities, and ultimately the safety and soundness of the financial conglomerate.

Detailed description

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

• Supervisory oversight of designated financial conglomerates, banking groups, banking subsidiaries and branches of designated banks (collectively referred to as ‘banks’).
• Assess and analyse the strategies and business models of banks.
• Analyse and assess the business portfolios of banks.
• Analyse and form a supervisory view of the risks facing banks and the impact thereof on their risk profiles.
• Analyse and assess the adequacy and appropriateness of business and risk management practices applied by banks as well as and the alignment thereof with industry best practices.
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles. 
• Identify and monitor emerging risks and the potential impact thereof on the banking sector and individual banks, in particular.
• Develop and apply analytical methods to analyse and interpret risk-based regulatory data submissions.
• Assess compliance with the Banks Act 94 of 1990 and the Regulations relating to Banks. 
• Prepare detailed quantitative and qualitative reports based on the outcome of analysis performed.
• Prepare detailed formal feedback to banks following on-site reviews and prudential meetings held with banks’ management, executives, boards and board subcommittees.
• Plan, arrange, prepare for, and conduct on-site reviews and prudential meetings with banks’ management, executives, boards and board sub-committees.
• Present the outcome of ongoing analysis and supervisory assessments to senior management of the Prudential Authority and representatives of banks.
• Maintain permanent electronic records in respect of banks.
• Manage correspondence pertaining to banks.
• Undertake ad hoc projects as assigned by management.
• Perform duties as a relationship manager by, among other things, undertaking frequent, often high-level liaison with banks and other interest groups, such as the external auditors of banks.

Qualifications

Job requirements:

To be considered for this position, candidates must have:

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

Additional requirements include:

• innovative;
• problem-solving and analytical skills;
• financial and business acumen;
• attention to detail;
• excellent verbal and written communication skills; 
• ability to effectively and efficiently manage time; 
• proven ability to influence, build and maintain relationships; 
• good working knowledge of the Microsoft Office suite and other related business and analytical software packages;
• conversant with the Banks Act 94 of 1990, Financial Sector Regulation Act 9 of 2017 and related Standards and Regulations;
• knowledge and understanding of the Basel Committee on Banking Supervision’s Core Principles for Effective Banking Supervision;
• knowledge of prudential supervision and the supervisory framework applied in South Africa;
• knowledge of risk management standards and practices applied by banks and banking groups;
• an understanding of key issues and risks facing banks and banking groups;
• an understanding of the business models applied by, and the financial and operating environment of banks; and
• knowledge and understanding of corporate governance standards as they relate to financial firms.

Click here to apply

Manager – Banking Supervision

Job Description

Brief description

The main purpose of this position is to manage the delivery by a team of analysts, contributing to the effective and efficient supervision of a portfolio of banks.

Detailed description

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

• Provide strategic direction to a team of analysts in the ongoing supervisory oversight of allocated financial entities, including the operational alignment of supervisory programmes and targets.
• Provide leadership within the Banking, Insurance and Financial Market Infrastructure Supervision Department of the Prudential Authority (PA) and support the relevant divisional head(s) in achieving the overall departmental objectives.
• Provide technical assistance and guidance to a team of analysts.
• Manage the team’s deliverables, including work plans, resource allocation and management, processes and systems, and change and innovation.
• Manage the team’s performance.
• Manage talent, including the learning and development of team members as well as succession planning.
• Contribute to the team’s compliance with the governance, risk management and information management policies and procedures relevant to the PA and the South African Reserve Bank.
• Contribute to special projects within the PA.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Economics, Risk Management, Accounting, Banking, Finance or any other relevant qualification at that level;
• at least eight years’ experience in the financial services or financial regulatory industry; and
• at least two years of proven experience in managing a team.

The following would be an added advantage:

• Chartered Accountant (South Africa) certification; and/or 
• Associate General Accountant (South Africa) certification.

Additional requirements include:

• an understanding of the Basel Core Principles for Banking Supervision;
• working knowledge of the various pieces of legislation and related supervisory frameworks applicable to financial institutions registered in South Africa and related entities;
• an understanding of the key issues and risks facing financial institutions registered in South Africa and related entities;
• knowledge and understanding of good corporate governance; 
• knowledge of, and experience in, the financial system, financial products as well as risk models and systems; 
• being fully conversant with the Basel framework at both a theoretical and a practical level; 
• knowledge of relevant risk management practices and standards; 
• thought leadership;
• problem-solving and analytical skills;
• financial and business acumen;
• people management skills; and
• the ability to influence, 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.

Click here to apply

Senior Internal Auditor x2

Job Description

Brief description

The main purpose of this position is to plan and lead audits that deliver independent and objective assurance and consulting on the adequacy and effectiveness of the South African Reserve Bank’s (SARB) control, risk management and governance processes. 

Detailed description                                                                                       

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

Review the work of internal auditors by providing necessary on-the-job coaching and training as needed. 

• Contribute to the development and maintenance of policies, procedures, checklists, models, frameworks and templates governing internal auditing within the SARB. 
• Stay abreast of and apply current work methods, analytical techniques and protocols relevant to audit work. 
• Conduct research and compile clear and reliable preplanning working papers that reflect research outcomes as part of the process understanding. 
• Define the scope and objectives of audit assignments. 
• Perform engagement risk assessments, walkthroughs and adequacy assessments using research and analytical tools. 
• Develop an audit programme to address audit objectives. 
• Lead audit projects or assignments to meet targeted milestones. 
• Execute the audit programme, including conducting, evaluating, documenting and finalising audit tests within the working papers. 
• Draft detailed audit findings that include standard, condition, root cause, impact and recommendations. 

Qualifications

Job requirements

To be considered for this position, candidates must have:

• an Honours degree (NQF 8) in Internal Auditing, Information System, Accounting, Risk Management or an equivalent qualification;
• a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or a Chartered Accountant CA(SA) qualification; and 
• five to seven years’ experience within an auditing environment. 

Additional requirements include: 

• knowledge and skill in: 
• industry, organisational and business awareness;
• quality assurance; 
• continuous improvement in learning/professional development; and 
• risk assessment and control design; 
• solid grasp of risk management principles, tools, methodologies, frameworks, policies and processes; 
• extensive experience in internal audit principles, tools, methodologies, frameworks, policies and processes; 
• understanding of information technology systems and systems controls; 
• knowledge of indicators to identify possible fraud; and 

knowledge of technology-based audit techniques, including data analytics

Shortlisted applicants will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process. 

The closing date for applications is 26 April 2026. Late applications will not be considered. 

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

Click here to apply

We wish you all the best with your applications