Analyst – Domestic Settlement Services - NPSD at South African Reserve Bank

Brief description

• The main purpose of this position is to coordinate and execute project activities, manage relationships with relevant stakeholders, and provide operational support to the domestic settlement system and its participants.

Detailed description

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

• Coordinate and execute project, change, operational and business analysis activities (e.g. identify deliverables, determine scope of work and identify tasks) to develop and maintain the domestic settlement system.
• Develop and maintain the business procedures and processes related to the domestic settlement system.
• Perform testing on the domestic settlement system according to the system test framework. 
• Support and provide training and capacity building on the domestic settlement system.
• Provide support to system participants, domestic clearing and settlement operators as well as other stakeholders on the domestic settlement system.
• Build and maintain business relationships with system participants, domestic clearing and settlement operators as well as other stakeholders.
• Implement, monitor and report on service level agreements with system participants, domestic clearing and settlement operators as well as other stakeholders. 
• Perform a supervisory role for the domestic settlement system in accordance with the shift roster.
• Supervise the coordination and execution of business continuity planning (BCP) tests for the domestic settlement system and its participants.
• Collate and produce information for the operational report on the domestic settlement system. 
• Support cost recovery processes for the domestic settlement system.
• Support risk management and compliance for the domestic settlement system.
• Conduct research to ensure alignment with best practices. 

Qualifications
Job requirements 

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

• a minimum of an Honours degree (NQF 8) in Economics, Financial Management or Information Technology (IT), or an equivalent qualification; and
• a minimum of five years’ experience in the banking, financial services or payment system environment.

The following would be an added advantage:

• knowledge of real-time gross settlement (RTGS) systems; and
• knowledge of payment system messaging standards.

Additional requirements include:

• knowledge of the national payment system; 
• knowledge of research methodologies; 
• analytical skills;
• decision-making skills;
• proven problem-solving skills; 
• strong verbal and written communication skills; 
• being results-driven;
• the ability to work independently;
• strong experience in risk management;
• experience in project management; and
• experience in stakeholder management.

Deadline:2nd February,2026