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  • Posted: Apr 7, 2025
    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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    (966) Currency Device Management Officer - CMD

    Detailed description

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

    • Act as the custodian of all CPDs. 
    • Develop, maintain and distribute standards, guidelines and regulations associated with CPDs. 
    • Manage internal and external stakeholder relationships, and ensure information flow for the identification and resolution of queries and/or compliance matters. 
    • Process, review and seek approval for all suppliers’ applications for CPDs. 
    • Monitor the compliance of CPDs to standards, guidelines and regulations.
    • Maintain a database of approved CPDs, users and suppliers. 
    • Research and analyse trends related to CPDs, and understand and adapt to changes and/or developments in the South African cash industry. 
    • Guide and support dye-stained note processing with regard to industry claims. 

    Qualifications

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

    • a Bachelor’s Degree (NQF 7) in Engineering (Mechanical, Chemistry and/or Chemical) or an equivalent qualification; and
    • three to five years’ relevant experience in currency management or equivalent experience.

    The following would be an added advantage:

    • an understanding of currency management and central banking.

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