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  • Posted: Mar 12, 2026
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (1531) Manager: Pensions Administration (Operations) - FSD

    Job Description

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

    • Ensure the continuous improvement of the delivery and functioning of the Operations function within the Pensions Administration Section of the SARB, while staying within budget.
    • Develop operational plans for the Operations function.
    • Develop policies, procedures, processes, internal controls and system requirements for approval and ensure alignment thereto.
    • Identify and mitigate risks related to the Operations function and ensure compliance with relevant governance frameworks.
    • Manage the performance of staff and promote as well as support career management and development.
    • Participate in various task teams and working groups on behalf of the SARB Retirement Fund and SARB as the Administrator of the SARB Retirement Fund.
    • Perform the final authorisation of payments, accounting transactions and data captured by team members, ensuring accuracy, completeness and timely delivery.
    • Perform the final authorisation of pension administration operations processes as well as related submissions as per legislative requirements to ensure accuracy, completeness and timely delivery.
    • Provide integrated management information reports to support decision-making.
    • Lead and participate in engagements with relevant stakeholders and clients within the SARB Retirement Fund and SARB departments, as well as external parties.

    Qualifications

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

    • an Honours’ degree in Financial Management (NQF 8) or an equivalent qualification in a related field;
    • eight to 10 years’ experience in pension fund administration; and
    • three to five years’ experience in leading teams.

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