SARB Jobs

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

Senior Resolution Planning Specialist

Job Description

Brief description

The main purpose of this position is to contribute to the development and execution of resolution strategies for banks and non-bank systemically important financial institutions that fall within the scope of the resolution framework set out in the Financial Sector Regulation Act 9 of 2017. The responsibility includes participating in the design and implementation of crisis management strategies, policies and processes in the interest of financial stability, in accordance with international standards.

Detailed description

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

• Develop and/or assist with the development of policy, standards and guidance on South Africa’s resolution framework. 
• Keep abreast of international standards and best practices in the resolution of financial institutions. 
• Contribute to the development of resolution plans and resolvability assessments. 
• Contribute to and participate in ad hoc testing of crisis management capacity in the South African Reserve Bank (SARB) and in the financial sector and formulate recommendations on meeting crisis preparedness and resolution planning standards.
• Assist with and contribute to the development and refinement methodologies to measure the systemic significance of financial institutions. 
• Conduct research in support of policy developments for the Financial Stability Department and any of the internal and external committees that it serves, including international committees. 
• Produce reports, with input from relevant internal and external stakeholders, on industry-wide crisis management and resolution issues.
• Participate in and contribute to the activities of the Resolution Policy Panel and its substructures and assist with secretariat functions for these committees. 
• Prepare for and/or participate in meetings with international organisations and committees relating to crisis management and resolution and respond to requests for information by such organisations and committees.
• Mentor other specialists.
• Provide training to stakeholders on crisis management and resolution planning.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• an Honours degree in Finance, Investment, Law, Economics, Accounting or Financial Risk Management; and
• eight years’ experience in banking, structured finance, valuations, financial markets, central banking or corporate insolvency.

Additional requirements include:

• ability to work effectively in a small and specialised team;
• ability to work in an unstructured environment that requires flexibility and adaptability;
• ability to contribute to and design new policies and processes;
• ability to build networks; 
• ability to enhance the general understanding of, and support for, the activities and responsibilities of the Resolution Planning Division.
• sound knowledge of resolution tools and frameworks and applicable international standards;
• sound knowledge of relevant regulatory frameworks and international standards; 
• proven facilitation and presentation skills;
• excellent interpersonal skills;
• excellent communication skills (verbal and written); 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

Administrator: Integrity Management Support

Job Description

Detailed description

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

• Receive and capture integrity management-related client requests, including person of interest profiles, due diligence assessments and investigations.
• Maintain and update registers and databases.
• Manage internal filing systems (digital and physical) in accordance with security and South African Reserve Bank (SARB) protocols.
• Track workflow, pending actions and timelines to support operational efficiency.
• Prepare correspondence, submissions and administrative briefs as and when required.
• Laise with internal and external stakeholders. 
• Ensure adherence to the SARB policies, GSMD security procedures and confidentiality standards.
• Identify administrative gaps or risks and escalate appropriately. 

Qualifications

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

• a National Certificate (NQF 5) in Business Administration, Office Management or an equivalent qualification;
• two to four years of administrative experience; and
• experience working with sensitive information requiring strict confidentiality, appropriate classification and controlled access in line with organisational information protection standards. 

Additional requirements include:

• administrative experience in security, intelligence, governance or risk administration would be an added advantage;
• training and experience in intelligence, risk management and/or project administration will be an added  advantage;
• drive for results;
• interpersonal sensitivity;
• teamwork;
• verbal and written communication skills;
• service and stakeholder focus;
• learning focus;
• planning and organising; 
• attention to detail;
• flexibility;
• confidentiality; and
• integrity.

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

IT Service Management Platform Administrator

Job Description

The main purpose of the position is to configure, administer, maintain and provide second-level support for the information technology service management (ITSM) platform, ensuring its stability, usability, availability and alignment with the business requirements of the South African Reserve Bank (SARB) Group.

Detailed description

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

• Configure, test and deploy ServiceNow modules.
• Provide maintenance and second-level support for the ServiceNow platform to ensure its continued availability and performance.
• Troubleshoot and perform root-cause analysis related to the ServiceNow platform.
• Manage technology lifecycle on ServiceNow platform.
• Implement and maintain the governance and security model for the platform as developed by Cyber and Information Security Unit.
• Proactively monitor and report on the availability and reliability of the ServiceNow platform
• Provide periodic reports on the health, usage, performance and lifecycle status of the platform.
• Maintain and document technical standards, procedures, user guides, standard operating procedures (SOPs) and other instructional documents for the ServiceNow platform, in line with best practice, to ensure continuity.
• Collaborate and engage with internal and external stakeholders to understand the business requirements − configure workflows, forms and reports to meet their needs.
• Remediate security vulnerabilities identified on the platform.
• Stay abreast of new developments in ServiceNow.
• Provide guidance on the ITSM platform and provide solutions where required. 

Qualifications

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

• a National Diploma (NQF 6) in Information Technology (IT) or an equivalent qualification; and 
• one to two years’ experience in ITSM tool administration or similar role.

Added advantage:

• ITSM tool certification;
• ITIL v3/4 foundation; and
• COBIT 2019 foundation.

Additional requirements include:

• industry, organisational and business awareness knowledge;
• quality assurance knowledge and skill; 
• excellent technical knowledge of ITSM platform configuration and administration;
• continued learning and/or professional development knowledge and skill;
• basic troubleshooting and problem-solving skills;
• continued learning and/or professional development;
• IT enablement planning knowledge and skill;
• systems support knowledge and skill;
• IT enablement reporting knowledge and skill; and
• understanding of critical ITSM processes and other technical procedures.

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

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 Information Management Specialist x3

Job Description

The main purpose of this position is to lead, coordinate and integrate information management practices and business processes within the Enterprise Information Management (EIM) Centre of Excellence (CoE) for the South African Reserve Bank (SARB) Group to support reliable and effective decision making.

Detailed description

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

• Take responsibility for business-as-usual (BAU) resource planning and management to ensure the effective delivery and business continuity to balance demand and supply for work completed by various projects. 
• Establish and lead the data management working groups in the various departments.
• Lead the development and maintenance of the EIM Service Catalogue.
• Monitor, measure and manage the service level agreements associated with approved EIM service requests.
• Determine and identify data management deliverables, resources and skills requirements as well as data-related technologies to meet business demands and associated budgets.
• Drive the improvement of data management literacy within the SARB Group by ensuring the development and training of stakeholders.
• Develop business continuity and recovery plans for implementation during outages and disasters.
• Establish and lead the EIM Change Advisory Board to manage and evaluate the data-related change across the SARB Group.
• Manage and coordinate the overall Data Management Maturity assessment within the SARB against best practices.
• Coordinate and manage the development of standards, frameworks, guidelines, processes and procedures across the various data management capabilities within the SARB Group. 
• Develop and manage stakeholder relations effectively to promote data management awareness across the organisation and support reliable decision-making.
• Provide integrated reporting in relation to EIM operations including, but not limited to, governance structures, projects, demand management and BAU.

Qualifications

Job requirements

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

• an honours’ degree (NQF 7) in Informatics, Computer Science, Management Information Systems, Computer Engineering or a related field of study or an equivalent qualification;
• a relevant data management certification (e.g. CDMP Practitioner) will be an added advantage; and
• 8 to10 years’ experience in the field of data and information management.

Additional requirements include knowledge and skill in:

• industry, organisational and business awareness;
• continuous learning and/or professional development;
• quality assurance;
• continuous improvement; 
• business continuity planning;
• information management strategy;
• enterprise information management legislation, governance, risk and compliance;
• enterprise information reporting;
• enterprise information management project management;
• change management;
• information management;
• enterprise information management skills development;
• contract and associated service management;
• enterprise information management financial management;
• business intelligence software such as MicroStrategy, Pyramid, OBISS, MicroSoft Power BI;
• ETL development and maintenance with SSIS, IBM data stage, Oracle ODI, PL/SQL & T/SQL stored procedures and complex SQL queries;
• deployment of big data environments (e.g. HADOOP, SPARK, NoSQL, Informatica, SAS, ERWIN and Teradata);
• business intelligence; and
• capacity and performance management.

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

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

Click here to apply

Senior Network Specialist – (F5 & CISCO FTD)

Job Description

Brief description

The main purpose of this position is to lead and drive the end-to-end implementation of all network security solutions at the South African Reserve Bank (SARB) and to provide technical expertise and recommendations.

Detailed description

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

• Research and recommend emerging and fit-for-purpose network security solutions, and provide technical input into the design.
• Lead and drive the implementation (the design, configuration, testing and deployment) of network security solutions.
• Review technical standards, procedures, user guides, standard operating procedures, instructional documents and other material relating to network security solutions.
• Provide expert input on network security solutions and optimisation.
• Plan and manage the technology life cycle of all network and security products.
• Collaborate and engage with internal and external stakeholders to ensure the functionality of the deployed network security solutions and technologies.
• Identify, address and remediate any network vulnerabilities identified by auditors and governance-related assessments.
• Stay abreast of new developments in network security solutions and technologies.
• Provide network expertise in information and communication technology (ICT) network security projects, and participate in other SARB Group projects to contribute towards business objectives.
• Take responsibility for network security deployment for disaster recovery and resource allocation to ensure optimal performance, continuity and scalability.
• Provide third-level (escalation) support services on all network solutions and services to ensure continued availability and performance of the technologies.
• Troubleshoot and perform root-cause analysis related to network security solutions and services.
• Implement and maintain the governance and security model for the network as developed by the Cyber and Information Security Unit.
• Develop a network and security matrix for measuring network performance, health and usage, and provide associated statistics and reports.

Qualifications

Job requirements

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

• the minimum of an Honours degree (NQF 8) in Information Technology (IT) or Computer Science, or an equivalent qualification;
• industry certifications;
• a Cisco Certified Network Associate (CCNP); and
• the minimum of 8–10 years’ experience in network security solutions, with a strong track record of designing and implementing network security solutions in enterprise organisations.

The following would be an added advantage:

• Cisco Certified Internetwork Expert (CCIE) Security
• Cisco Certified Network Professional (CCNP);
• ITIL v3/4 and COBIT 2019; and
• Certified Information Systems Security Professional (CISSP) certification.

Additional requirements include:

• industry, organisational and business awareness and knowledge; 
• quality assurance knowledge and skills;
• excellent technical knowledge of infrastructure services; 
• continuous improvement of infrastructure services; 
• comprehensive hands-on infrastructure services troubleshooting experience; 
• continued learning and/or professional development; 
• the ability to read and understand technical manuals, procedural documentation and (OEM) guides; 
• liaison with external service providers for the purposes of product and technology reviews, coordinating vendor presentations where relevant; 
• understanding the department’s goals and objectives; 
• managing complexity and ambiguity;
• effective communication;
• impact and influence;
• conceptual thinking;
• innovation and creative thinking;
• building and managing relationships;
• strategic thinking;
• a customer focus;
• experience working in a team-oriented, collaborative environment;
• the ability to prioritise and execute tasks in a high-pressure environment;
• judgement and decision-making skills;
• analysis and problem-solving skills;
• resilience and adaptation;
• a service and stakeholder focus; and
• the ability to function independently (as a self-starter).

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

Customer Services Manager

Job Description

Brief description 

The main purpose of this position is to serve as the primary point of contact for the business regarding existing services, ensuring that all agreed-upon services are delivered according to requirements and that business end-user expectations and client satisfaction levels are met.

Detailed description 

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

• Ensure that all business end-user requirements for information technology (IT) services are documented through service standards.
• Ensure that all agreed IT services standards are met.
• Monitor and report on day-to-day services delivered by the Business Solutions and Technology Department (BSTD) by monitoring operational activities within contracts to determine and resolve areas of non-delivery.
• Participate and guide IT demand planning by compiling and managing the information and communications technology (ICT) budget for the South African Reserve Bank (SARB) departments, ensuring that their requirements are delivered according to specification.
• Act as the primary liaison between service delivery and the business for existing and agreed-upon IT services.
• Actively develop and enhance relationships with key stakeholders, manage their expectations and monitor satisfaction levels.
• Take accountability for the implementation of operational ICT projects in partnership with the IT Project Management Office (PMO).
• Stay informed about ICT trends and demonstrate a deep knowledge of the BSTD service catalogue in order to provide adequate and relevant services.
• Demonstrate client departmental domain knowledge to ensure the delivery of fit-for-purpose solutions.

Qualifications

Job requirements  

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

• a National Diploma (NQF 6) in Information Technology; and
• five to eight years’ experience in an IT customer relationship and service management environment.

The following would be an added advantage:

• an ITIL certification; and
• experience in an IT technical environment. 

Additional requirements include: 

• knowledge and skill in:
• industry, business and organisational awareness;
• continued learning and/or professional development;
• quality assurance;
• continuous improvement;
• business continuity planning;
• IT enablement planning;
• service management;
• business relationship management;
• IT enablement reporting; and 
• capacity and performance management.

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

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

Click here to apply

Associate Credit Risk Analyst

Job Description

Brief description

The purpose of this position is to realise the responsibilities of the Risk Support Department of the Prudential Authority (PA) in respect of the supervision and regulation of credit risk in banks, insurers and market infrastructures (collectively referred to as regulated financial institutions). This includes being involved in operational duties associated with on- and off-site analysis as well as being part of a team of risk specialists who are responsible for providing specialist knowledge, skills and experience in the credit risk management area.

Detailed Description

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

• Conduct research and provide input into the regulatory frameworks of the regulated financial institutions (e.g., the Banks Act 94 of 1990, Insurance Act 18 of 2017, Regulations relating to Banks, Prudential and Joint Standards, circulars, directives, guidance notes, etc.) to stay abreast of international best practices and developments surrounding credit risk.
• Ensure widespread knowledge and understanding throughout the PA of the concepts and developments in the field of credit risk.
• Analyze and interpret risk-based regulatory data submissions’ trends and patterns in large data sets.
• Generate insights through visual analytics, dashboards and/or reporting.
• Assist in the creation of forecasting and predictive analytics models.
• Ensure regulated financial institutions’ compliance with regulatory requirements applicable to credit risk.
• Review and evaluate the strategies, policies, procedures and practices related to the granting of credit and the ongoing management of the portfolios of regulated financial institutions.
• Contribute to risk-based meetings with regulated financial institutions and their auditors.
• Participate in the internal capital adequacy assessments (ICAAP) of banks and the own risk and solvency assessments (ORSA) of insurers.
• Assist other teams with other functions, as may be required from time to time, in line with the PA strategic and operational objectives.

Qualifications

Job Requirements

To be considered for this position, candidates must have:

• a relevant postgraduate qualification (NQF 8) in Accounting, Financial Management, Risk Management, Banking, Computer Science, Dara Science, or another relevant quantitatively focused degree; and
• two to five years’ relevant working experience in the financial, banking, insurance, financial regulatory sector or in risk management.

       Additional requirements include:

• knowledge of the risks facing regulated financial institutions;
• knowledge of financial products;
• good working knowledge of Microsoft Office software packages (i.e. Word, Excel and PowerPoint) and other related software packages;
• working knowledge of data platforms, programming languages and tools (e.g., Azure data services, Fabrick, SQL, Python and related ETL and BI tooling);
• innovative analytical/problem-solving skills;
• critical thinking and creativity;
• strong verbal and written communication skills;
• ability to work in a team and contribute to team success;
• decision-making abilities with the ability to initiate action; 
• effective time management skills; and
• Reliable transport as the position requires regular travel between the PA’s offices in Pretoria and the offices of supervised institutions, which are generally outside Pretoria.

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

Click here to apply

Associate Actuarial Analyst

Job Description

Brief description

The main purpose of the position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of life actuarial risks in insurance entities. The successful candidate will be involved in operational duties associated with on and off-site analysis and will be part of a team of risk specialists in the PA responsible for providing specialist knowledge, skills and experience in the life actuarial risk management areas. 

Detailed description

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

• Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following:
  • scrutinising the financial soundness of life insurers; and
  • participation in on-site visits to life insurers.
• Scrutinise and check the compliance of submissions by life insurers.
• Assist in maintaining the statutory returns required by regulated entities.
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Maintain and upgrade databases.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

Qualifications

Job requirements

To be considered for this position, candidates must:

• hold a relevant Postgraduate degree in Actuarial Science;
• be actively pursuing studies and ideally have passed or been exempted from at least two A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
• have two to five years’ relevant working experience in the life insurance industry.

Additional requirements include: 

• knowledge of:
  • the Solvency Assessment and Management (SAM) structure;
  • the Insurance Act 18 of 2017;
  • the Prudential Standards; and
  • the risks that insurers take.
• ability to understand complex financial models;
• competence in Microsoft Office software packages (including programming skills);
• ability to deal professionally with internal and external clients;
• proficiency in verbal and written communication;
• ability to perform under pressure without compromising quality;
• ability to work independently and within a team;
• ability to influence, build and maintain relationships;
• good interpersonal skills;
• analysing and problem-solving skills; and
• reliable own transport, as the position requires travel between the SARB’s Head Office in Pretoria and the offices of supervised entities that are generally outside of Pretoria.

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

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

Click here to apply

Business Architect x3

Job Description

Brief description

The main purpose of this position is to develop and implement key capabilities to support business strategy of the South African Reserve Bank (the Bank) which includes the definition of key processes, products and services as well as the frameworks and reference models for future enterprise architecture (EA).

Detailed description

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

• Develop and implement the business architecture practice, consisting of the following, but no limited to capabilities, value streams, products and business services in support of the business strategy.
• Develop the business capabilities aligned to the business strategies and in support of the SARB mandate.
• Develop the business capability landscape and provide scope and input into the enterprise and solution architecture teams for the creation of the other architecture domains.
• Identify and define key value streams.
• Develop and implement AS-IS (baseline) and TO-BE (target) business architectures.
• Perform capability-based planning and develop business-oriented roadmaps.
• Establish and maintain the Business Architecture Reference Models and framework.
• Develop and maintain business architecture domain principles.
• Collaborate with the various solution architecture, domain architecture and enterprise architecture teams in BSTD and across the Bank with relevant stakeholders.
• Implement and facilitate business architecture governance. 
• Provide technical guidance, coach and mentor relevant stakeholders on business architecture.

Qualifications

Job requirements

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

• A post graduate qualification at NQF 8;
• Industry-specific certifications such as TOGAF 9.1 and SABSA Foundation or security industry certifications such as CISSP-ISSAP, GSE and CGEIT; and
• A minimum of 8-10 years’ experience in Business Architecture and/or Senior Business Analysis and /or Process Engineering and/or other Enterprise Architecture domain experience with a strong business focus.

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

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

Click here to apply

Chartered Accountant Trainee

Job Description

Brief description

The South African Reserve Bank (SARB) invites passionate, innovative and talented applicants to apply for its  2027 Chartered Accountant (CA) Training Programme intake.

Detailed description

The primary objective of the programme is to help address the shortage of CAs within the SARB and throughout South Africa. In accordance with the South African Institute of Chartered Accountants (SAICA) framework, trainees will have the opportunity to develop and demonstrate the competencies outlined by SAICA, while reinforcing their academic foundations and preparing for the demands of the CA profession.

Format of the programme

Trainees follow a structured rotation through relevant SARB departments to gain practical exposure and a comprehensive understanding of the operations and strategic role of a central bank. 

Duration of the programme: Three years (starting in February 2027).

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