Fresh Jobs at South African Reserve Bank

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

• Facilitate the delivery and quality of the Banking Services outputs to ensure that sectional duties are executed in a timely and accurate manner, and in accordance with the South African Reserve Bank (SARB) Group’s policies and relevant industry guidelines and practices.
• Review and approve EFT, Tellers and Loan Schemes transactions, payments and reconciliations for validity, accuracy and completeness.
• Review and authorise the EFT, Tellers and Loan Schemes journals timeously. 
• Review, authorise and submit all EFT, Tellers and Loan Schemes reports to ensure the validity, accuracy and completeness of information. 
• Attend Payment Association of South Africa (PASA), EFT and Payment Clearing House (PCH) meetings as well as industry-related meetings to keep abreast of industry changes and conversations. 
• Provide input into business requirements in relation to industry projects, when required. 
• Ensure that all Banking Services customer queries logged are routed for resolution within the prescribed time. 
• Authorise the month-end processes of the EFT, Tellers and Loan Schemes function to ensure the validity, accuracy and timeliness of the month-end processes.
• Authorise daily limits as required by customers for BankservAfrica processing. 
• Ensure that proper processes are adhered to when members of the public exchange old series banknotes.
• Verify the payment of Banking Services invoices to ensure valid, accurate and timeous payments. 
• Analyse and report on loan accounting to ensure compliance by commercial banks with the loan scheme terms and conditions. 
• Engage at varying levels of seniority with the relevant stakeholders within the SARB Group and external parties. 
• Ensure compliance with the SARB’s policies and legislative requirements to adequately mitigate risks and achieve the SARB’s objectives. 
• Propose and implement the refinement and continuous improvement of systems, tools, controls, methods and processes in the Banking Services area. 
• Fulfil the team leadership function pertaining to the development and performance of the team. 
• Facilitate and coordinate the team and stakeholders during the business continuity plan (BCP) and disaster recovery (DR) processes.
• Perform other functions of the Banking Services Division, such as those relating to Immediate Settlement and the Corporation for Public Deposits.

QUALIFICATIONS

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

• a minimum of a Bachelor’s degree (NQF 7) in Banking or Finance or an equivalent qualification; and
• at least five to seven years’ experience in an accounting and banking services environment, with at least two years’ experience in leading teams.

Additional requirements include:

knowledge of and skill in:

• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and/or professional development; 
• relevant systems; 
• accounting;
• financial analysis; 
• analysis and problem-solving;
• people management; and
• relevant legislation, policies and procedures;
• strong drive for results; 
• effective communication; 
• a focus on building and managing relationships; 
• stakeholder focus; 
• planning and organising; 
• attention to detail; 
• flexibility;
• resilience; and
• conceptual thinking.

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

• Prepare, process, verify and quality-sort banknotes received from internal and external customers. 
• Reconcile processed batches of banknotes to ensure they balance with the amount deposited by customers. 
• Engage in short-term planning and perform tasks against work plans as defined by the team leader. 
• Perform work as part of a team within established practices, processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing prescribed tasks. 
• Identify, evaluate and solve defined, routine and new problems within a familiar context, applying solutions based on relevant evidence and procedures. 
• Deliver work that meets the time and quality standards set in terms of the processing and destruction of soiled notes. 
• Provide information to the supervisor relating to operational efficiency as well as any deviations from policies, procedures and service level agreements. 
• Engage with relevant internal stakeholders to ensure optimal delivery within the division. 
• Proactively broaden knowledge of the functional area, displaying a willingness to make improvements in own work (including methods and practices). 
• Evaluate own performance against given criteria, and identify and address task-specific learning needs.

QUALIFICATIONS

To be considered for this position, candidates must have: 

• a Grade 12 certificate or an equivalent qualification; and 
• some experience in a cash-handling environment. 

Additional requirements include: 

• problem-solving skills; 
• service and stakeholder focus; 
• planning and organising skills; 
• flexibility; and 
• computer literacy. 

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

• Lead qualitative and quantitative research and analysis, integrating the work of more junior and senior financial markets specialists and providing a comprehensive analysis of short- and long-term financial market developments within the South African economy and across major advanced and emerging market economies.
• Lead strategy projects and the development of policy frameworks.
• Conduct high-quality and relevant short- and long-term research, analyses and interpretation of financial markets in support of the formulation and implementation of monetary policy and for financial stability purposes.
• Build and maintain strategic relationships with key participants in the financial markets, including, but not limited to, the banking and asset management sectors.
• Provide technical guidance and ensure the transfer of knowledge and skills to junior specialists.
• Write keynote speeches for the senior executives of the SARB.
• Lead team engagements to interrogate and reconcile data, findings, insights, explanations and recommendations from research and analyses.
• Make recommendations on the markets, monetary policy and regulatory frameworks, and produce reports and briefings for final approval.
• Quality assure and integrate analyses and reports submitted by other financial markets specialists and provide feedback.
• Lead initiatives within own area of expertise in support of departmental objectives.
• Recommend improvements in methodologies relevant to own area of specialisation, while ensuring that methodologies comply with local and international standards.
• Make presentations to senior forums of the SARB (e.g. Monetary Policy Committee and Financial Stability Committee).
• Represent the SARB at official external forums and meetings that fall within the area of specialisation (e.g. Monetary Policy Forum, Money Market Subcommittee), including speaking at/presenting research at conferences and seminars.
• Build and maintain strategic relationships with key participants in the financial markets, including, but not limited to, the banking and asset management sectors.
• Define the learning agenda for the Market and Policy Analysis Unit in conjunction with other senior financial markets specialists in the department.
• Provide job-related coaching for newcomers to formally guide them through the roles and functions of the business area and department.

QUALIFICATIONS

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

• a Masters degree in Economics or Finance, or an equivalent combination of education in the required field and job-related experience; and
• eight to 10 years’ experience in the financial markets or related environment.
• A proven track record in managing projects, including research projects, will be an added advantage. 

Additional requirements include:

• knowledge and skill in:
• analytical and conceptual thinking;
• the Microsoft Office suite, with expert knowledge of MS Excel;
• advanced mathematical, statistical or econometric modelling;
• effective communication (verbal and written);
• report writing;
• research methodology;
• planning and organising; and
• decision-making;
• interpersonal skills;
• presenting skills;
• leadership skills;
• being a team player;
• integrity;
• building and maintaining relationships;
• impact and influence; and
• innovation and creativity.

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

• Drive or lead the monitoring of the underlying Business Intelligence environments (databases and application servers) to ensure capacity management, systems availability and optimal long-term performance.
• Provide recommendations in BI Solution implementations on hardware and software configuration.
• Exposure to BI Technologies such as SAS, Microsoft Power BI, Oracle Data Integrator, Oracle Analytics Server (OAS), Informatica and OBIEE.
• Take responsibility for ensuring system availability, configuration, upgrades and general support for all BSTD applications.
• Take responsibility for driving enhancements of all BI applications through the installation of new features and configuring of solution architecture throughout the application lifecycle to ensure delivery of new functionality.
• Provide guidance and technical input to resolving high complexity issues across all BI applications.
• Lead engagements with cross-functional stakeholders and take responsibility for managing the relationship. 
• Keep abreast of industry best practices and technologies, and lead implementation thereof to optimise effective and efficient business applications.
• Impart knowledge of the technical environment to the system development team. 
• Proactively identify and drive initiatives to ensure compliance and adherence to security and application standards across all BSTD applications.
• Identify and manage the mitigation of risks relating to all BI applications.
• Provide reporting and recommendations on solution performance and system availability to senior management and relevant stakeholders.
• Assist and develop application technical specialist by providing technical guidance, quality assure and take accountability for the output specialists.

QUALIFICATIONS

Job requirements

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

• an honours’ degree (NQF 8) in Computer Science, Information Management/Information Technology or equivalent qualification; and
• eight to ten years of experience in supporting, maintaining and enhancing the business intelligence and collaborations environments. 

Additional requirements include:

• effective communication;
• judgement and decision-making;
• client and stakeholder focus;
• drive for results; 
• planning and organising;
• problem-solving and analysis; 
• conceptual thinking; and
• building and managing relationships.

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

• Implement data service standards and frameworks across the SARB to ensure optimised solutions and adherence to best practice, that is, data operations, development and operations as well as machine learning and operations.
• Take responsibility for BI data pipelines and flows for domain specific analytic implementations across the SARB.
• Ensure understanding of client’s data requirements in order to drive continuous development of data services and address evolving business needs.
• Design and build data pipelines that are robust, modular, scalable, deployable, reproducible and versioned for analytics and reporting purposes.
• Continually monitor and optimise domain specific data pipelines to ensure data availability and optimal long-term performance of data pipelines.
• Implement new data engineering features.
• Implement data sharing technology services for the SARB, in alignment with the BI and Business Solutions and Technology Department (BSTD) Strategy.
• Diagnoses, manage and enhance the performance of BI data marts and warehouses across the SARB by applying data engineering techniques such as distributed computing and data optimisation.
• Resolve data issues across BI data marts, data warehouses and data lakes.
• Implement initiatives to ensure compliance and adherence to security and application standards with respect to all BI data services.
• Identify and manage the mitigation of risks relating to domain-specific BI data services.
• Proactively engage and problem-solve with cross functional stakeholders ‒ from technical data teams to managers ‒ to address their data needs in order to build impactful analytics solutions.
• Provide reporting and recommendations on data service performance, improvements and data availability for domain-specific solutions to management.
• Keep abreast of industry best practices and technologies and lead implementation thereof to optimise effective and efficient data pipelines and services.
• Impart knowledge of the technical environment to other data engineers, systems development, database administrator, infrastructure and enterprise architecture and enterprise information management teams.

QUALIFICATIONS

Job requirements

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

• a Bachelor’s degree (NQF 7) in Computer Science, Engineering, Mathematics, Information Management, Technology or an equivalent qualification; and
• five to eight years’ experience in building, maintaining and optimising data pipelines and services.

Additional requirements include:

• ability to write clean, maintainable, scalable, and robust code in object-oriented language, e.g., Python, Scala, Java, in a professional setting;
• proven experience building data pipelines in production for advanced analytics use cases;
• experience working across structured, semi-structured and unstructured data;
• experience with database technologies such Microsoft SQL Server, Oracle Database, MySQL, PostgreSQL, IBM Db2 and NoSQL;
• familiarity with distributed computing frameworks (e.g. Spark, Dask) cloud platforms (e.g. AWS, Azure, GCP, containerization, and analytics libraries (e.g. pandas, NumPy, matplotlib);
• familiarity with time-series and graph database types and related technologies (Druid, InfluxDB, Neo4J, etc.) would be considered a plus;
• practical knowledge of software engineering concepts and best practices, including DevOps, Development Security and Operations and Data Operations, would be considered a plus;
• ability to scope projects, define workstreams and effective lead, and mentor more junior colleagues;
• continuous improvement knowledge and skill;
• industry, organisational and business awareness, knowledge and skill;
• quality assurance knowledge and skill;
• business continuity planning knowledge and skill;
• information technology (IT) enablement planning knowledge and skill;
• IT transformation and innovation knowledge skills;
• release management knowledge and skill;
• infrastructure design and development knowledge and skill;
• workload estimation knowledge and skill;
• technical analysis knowledge and skill;
• systems integration knowledge and skill;
• IT governance knowledge and skill; and
• continued learning and/or professional development knowledge and skill.

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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 8) 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.

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

• Plan and allocate work, supervise quality and facilitate the delivery of section-specific outputs. 
• Lead the administration team, ensuring that administrative support services are duly provided, including but not limited to correspondence, records management, internal liaison, training coordination and reporting. 
• Ensure adherence to controls and that work is performed within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines. 
• Coordinate various administrative and financial functions within the Management Support Unit, including but not limited to risk and compliance management processes as well as operational and strategic risk matrices, and monitor audit findings. 
• Compile (annual) and monitor (monthly) the budget for the department, control monthly expenditure against budgeted item lines and process invoices. 
• Lead and participate in internal and external stakeholder engagements. 
• Ensure accurate reporting of relevant sectional information. 
• Fulfil the team leadership function pertaining to on-the-job training, development and performance of the team.

QUALIFICATIONS

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

• a National Diploma (NQF 6) in Administration or Finance or an equivalent qualification; 
• a minimum of five to eight years of experience in general administration, financial administration or support, with supervisory experience; and 
• some knowledge of an electronic document management system. 

Additional requirements include:

• industry, business and organisational knowledge and skill; 
• quality assurance; 
• continuous improvement; 
• continuous learning and professional development; 
• administrative planning, information management, service delivery, data capturing, reporting, research and inventory management; 
• business continuity planning; 
• office administration; 
• legislation, governance as well as risk and compliance; 
• multi-tasking abilities; 
• proficiency in English (both verbal and written); and
• proficiency in MS Office (i.e. MS Word, Excel and PowerPoint) and other related software packages 

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

• Lead strategic thinking for the Company Secretariat’s corporate governance and regulatory compliance services to ensure that the SARB’s compliance with the requirements of the SARB Act, Banks Act 94 of 1990 (Banks Act), Companies Act 71 of 2008, King IV™ Report on Corporate Governance for South Africa, 2016, the Financial Sector Conduct Authority (FSCA), the Prudent Authority (PA), and the SARB’s governance policies, procedures and processes.
• Develop a corporate governance and regulatory compliance framework and advise the Board and its committees in respect of procedural and compliance issues on statutory duties, obligations, powers and amendments of laws, regulations, rules, codes and standards affecting the SARB.
• Assist in drafting the corporate governance report and reporting any failure to comply with such law or legislation and monitor remedial actions.
• Prepare, administer, collate, analyse, report and monitor the implementation of corrective action in respect of compliance with the Banks Act.
• Facilitate the certifying of the SARB Annual Report and financial statements after the approval by the Board.
• Manage the share transfer system and register and transfer forms.
• Facilitate the annual declaration of conflict of interest and personal interest and the reporting on disclosures.
• Monitor updates and approvals of changes to policies, delegations of authority, terms of reference, Board charters and the memorandum of articles.
• Facilitate the training and development of directors and the annual assessment to evaluate the Board and its committees. 
• Assist with services relating to the appointment and remuneration of Board members.
• Apply the provisions of the SARB Act and its regulations in all due processes.

QUALIFICATIONS

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

• a minimum of a Bachelor’s degree (NQF 7) in Law, Economics, Commerce, Accounting, Finance, Risk, Compliance or an equivalent qualification;
• a minimum of 8 to 10 years’ relevant work experience; and
• a Charted Governance Institute of South Africa qualification (for Chartered Secretaries) or relevant equivalent qualification (would be an added advantage).

Additional requirements include:

• industry, business and organisational knowledge and skill; 
• quality assurance knowledge and skill;
• continuous learning and/or professional development knowledge and skill;
• company secretariat knowledge and skill;
• knowledge of the SARB Act and regulations, policies and procedures framed in terms of the SARB Act;
• knowledge of the Constitution Act 108 of 1996;
• computer literacy skills;
• knowledge of financial matters; and
• managerial competencies.

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

• Review, analyse and evaluate banks’ internal capital-adequacy assessment process.
• Review, analyse and evaluate market infrastructures’ internal capital-adequacy assessment process.
• Review and evaluate financial entities’ recovery plans.
• Analyse and interpret risk-based regulatory returns for regulated entities.
• Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990), in line with international best practice.
• Interpret and develop amendments to the legislative framework, based on international best practices.
• Contribute towards the international capital framework working committees.
• Develop and implement the supervisory review and evaluation process, in line with international best practice. 

QUALIFICATIONS

Job requirements

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

• a postgraduate qualification (NQF 8) specialising in Accounting, Auditing, Banking, Insurance, Finance, or Risk Management; and 
• at least two to five years’ experience in the finance sector or risk management environment.

The following would be an added advantage:

• a Chartered Accountant (CA(SA)) qualification;
• being a Chartered Financial Analyst (CFA);
• being a Financial Risk Manager (FRM);  
• membership of the Actuarial Society of South Africa (ASSA); and
• practical experience in a financial and/or business environment.                                                        

Additional requirements include: 

• an ability to travel as and when required;
• knowledge of and experience in financial or banking products, regulations or risk models; 
• being conversant in the second Pillar of the Basel III framework at both theoretical and practical levels;
• keeping abreast of best practice in capital management; 
• an understanding of the Basel III framework regarding the definition of capital and leverage ratio; 
• be conversant in the Financial Markets Act 19 of 2012 and its Regulations;
• a high level of knowledge, skills and experience in relevant areas of specialisation; 
• ability to work in a team and independently; 
• effective time management skills; 
• proficiency in verbal communication; and
• competence in written communication. 

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

• Plan work for self and others to ensure that work allocated is completed within set time and defined standards. 
• Supervise and guide the delivery and task execution by the team within the conference centre services function of the SARB ensuring food cost control as well as quality food services and standards.
• Supervise the administration of service requests including cost recoveries and charges.
• Manage the reservation system and ensure accuracy of booking information.
• Coordinate scheduled maintenance and report malfunctioning equipment to ensure continuous service delivery.
• Procure the hospitality commodities and services for conference centre services within hospitality section.
• Compile and provide manager and senior personal in the department with monthly opex budget variance report and the quarterly forecasting report.
• Plan, co-ordinate and supervise stock-take as well as manage stock levels to minimise stock holding. 
• Supervise adherence to food safety and hygiene standards in accordance with relevant standards and legislations.
• Stay current with developments within hospitality industry and advise on new products and/or services in the market. 
• Identify and propose and implement improvements to methods, practices, procedures and processes.
• Lead engagements with internal, including events coordination and customer satisfaction and external stakeholders (outsourced partners) to ensure efficient and effective service delivery.
• Compile and provide management information through periodic integrated reporting to manager and other senior personnel in the department. 
• Manage the performance and development of team members. 
• Manage the operational performance of outsourced services ensuring adherence to contractual obligations.
• Plan and execute adhoc functions and events hosted in the conference centre.

QUALIFICATIONS

Job requirements 

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

• a National Diploma in Hospitality Management (NQF6) with specialisation in Events Management OR equivalent; and
• five to seven’ experience in events and catering environment.

Additional requirements include:

• Hospitality services planning knowledge and skill     
• Hospitality services legislation and governance, risk and compliance knowledge and skill                        
• Hospitality service delivery knowledge and skill             
• Events management knowledge and skill                
• Hospitality services reporting knowledge and skill    
• Hospitality services information management knowledge and skill 
• Verbal and written Communication skills
• Planning and organising
• Promoting team work
• Service & Stakeholder Focus
• Judgement and decision making
• Driving results
• Growing and developing others
• Analysis and problem solving; and 
• Resilience