Assistant Director: Treasury Operations at National Treasury

Purpose of the Role

• To assist with financial risk management and debt management oversight of state-owned entities (SOEs).

Qualification/s Requirements

• A Grade 12 is required coupled with a minimum National Diploma (equivalent to NQF level 6) or Bachelor’s Degree (equivalent to NQF level 7) in Financial Accounting or Financial Risk Management or Financial Management;
• A minimum 3 years’ experience obtained within a financial risk management analysis, treasury policy development, and implementation environment;
• Knowledge and experience of the policy framework of the Treasury Operations of SOEs;
• Knowledge and experience of financial markets;
• Knowledge and experience of analysis and dissemination of information, e.g. financial data pertaining to bond yields, commodity prices, currencies; and
• Knowledge and experience of research and benchmarking exercises with established organisations.

Key Performance Areas
Stakeholder Engagement:

• Promote relationships within SOEs through collaboration, internally and externally; and 
• Assist with the development and maintenance of information as required by stakeholders.

Policy Development:

• Review Treasury Management in terms of “Best Practices for Treasury Management” and “Corporate Governance” as pertaining to Treasury Management; and
• Develop and update the Best Practices Guidelines for Treasury Management, and relevant Treasury Regulations.

Treasury Reviews:

• Review the Treasury Operations of SOEs in line with the relevant guidelines; 
• Review the mandates of SOEs and the mandates of individual treasury operations and align accordingly; 
• Identify areas of risks within SOEs and implement remedial actions to mitigate risk;
• Develop synergies between business and internal National Treasury stakeholders pertaining to sub-sovereign debt management and the issuance of contingent liabilities; and 
• Amend best practice statements from credible sources within the broader scope of governance, risk management and operations.

Strategic Analysis:

• Evaluate the appropriateness of governance and risk management models utilised for Treasuries in individual SOEs and determine whether adjustments are required for alignment with policy;
• Determine necessary policy and legislative modifications, revisions or additions to support recommendations;
• Recommend on appropriate treasury structures and controls and monitor SOEs for compliance to the Best Practice Guidelines for Treasury Management in line with the Treasury Regulations; and
• Ensure that SOEs operate in line with best practices standards, governance structures and risk management processes to eliminate inappropriate Treasury activities and outcomes.

Closing Date: 10 November 2025