Fresh Jobs at South African Reserve Bank

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

• Perform pension administration duties, including retirement benefits counselling, processing of claims, in accordance with retirement fund legislation, regulations, rules and relevant policies.
• Prepare and provide information within a defined context to enable effective decision-making by trustees and other relevant stakeholders.
• Perform general administration, including preparation of payment instructions, data capturing and record-keeping, ensuring the smooth running of the section’s operations.
• Engage with members of the SARB Retirement Fund and other stakeholders, demonstrating a service- oriented approach and the ability to gather, communicate and explain information fluently.
• Proactively broaden knowledge of pension administration, displaying willingness to make improvements in own work (including methods and practices).
• Evaluate own performance against given criteria, identify and address task specific learning needs.
• Perform work independently within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing own tasks.

Qualifications

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

• a National Diploma or an Advanced Certificate (NQF 6) in Financial Management or an equivalent qualification in a related field; and 
• one to two years’ experience in a financial services environment, specifically in pensions administration.

go to method of application »

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

• Benchmark administration, monitoring and analysis
• Monitor and analyse the performance, representativeness and robustness of designated benchmarks and reference rates.
• Contribute to the administration of SARB benchmarks and ensure the timely calculation and publication of designated benchmarks and reference rates.
• Design, review, and maintain benchmark governance frameworks, including methodologies, controls, and accountability arrangements
• Ensures that methodologies applied comply with local and international standards
• Collaborate with other specialists across the SARB to implement technological infrastructure solutions for benchmarks and analytics.
• Prepare analytical notes, charts, dashboards and briefing material for senior management and the Reference Rate Oversight Committee.
• Financial market structure reforms
• Contribute to working groups and committees focused on market structure reforms, including market transitions to alternative reference rates.
• Coordinate with relevant regulators and industry bodies to facilitate market transitions.
• Prepare SARB position papers, presentations, speeches and industry papers on issues related to market structure and functioning.
• Market functioning – research, analyses and innovation
• Monitor and assess the functioning of money, bond, foreign exchange markets and related derivatives.
• Analyse liquidity conditions, pricing anomalies, market fragmentation and transmission of monetary policy.
• Identify market frictions, stress signals and structural changes affecting market efficiency.
• Work with large financial datasets to develop indicators of market conditions, market stress, and market dysfunction. 
• Support automation, data visualisation and analytics initiatives to improve market monitoring and operational efficiency.
• Engage market participants, infrastructure providers, industry bodies and other relevant stakeholders to gather market intelligence
• Contribute to the learning and development of junior specialists.
• Quality assures and integrates analysis and reports submitted by other Financial Market Specialists
• Assist with committee administration. 
• Leads initiatives in support of department’s objectives and perform ad hoc tasks.

Job requirements

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

• an Honours degree (NQF8) in Economics, Finance, Statistics, Data Science or an equivalent combination of education and job-related experience; and 
• at least 8 to 10 years’ work experience in financial markets. 

go to method of application »

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

• Design and develop the SARB Benefits Realisation Framework, including benefits classification, definition, attribution logic, measurement approaches, templates and evidence rules.
• Refine and update the benefits model as institutional maturity, strategic priorities, and governance expectations evolve.
• Ensure the framework is fully integrated with the SARB governance, quality gates and institutional performance cycles.
• Provide clear guidance to the Enterprise Project Management Office (EPMO), Portfolio and Programme teams on applying the framework.
• Review and assure the credibility and measurability of benefit definitions, baselines, key performance indicators (KPIs), dependency maps and evidence plans.
• Ensure benefits are clearly linked to the SARB strategic outcomes and institutional value streams.
• Confirm that benefit profiles submitted by EPMO and portfolios meet the SARB framework expectations.
• Independently validate benefit-progress evidence submitted by EPMO, Portfolio and Programme teams.
• Confirm accuracy, completeness and integrity of measurement methods, actuals and evidence trails.
• Ensure benefit reporting meets regulatory, audit and institutional performance requirements.
• Produce verified benefit insights for Strategy Management Office (SMO) performance dashboards, institutional scorecards and enterprise decision-making.
• Work with the SMO analytics and reporting specialist to translate verified evidence into actionable institutional insight and to identify and communicate systemic trends, risks and value-realisation constraints across portfolios.
• Build benefits-realisation capability across the EPMO and delivery teams by providing training, guidance, tools and templates aligned to the enterprise benefits realisation model.

Qualifications

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

• an NQF Level 8 qualification in Business Management, Industrial Engineering, Project/Programme Management  or an equivalent qualification; and
• 8−10 years’ job-related experience.

go to method of application »

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

• Design and maintain the SARB’s enterprise delivery-governance frameworks, standards, quality gates, escalation routes and compliance expectations.
• Conduct independent governance reviews to verify adherence to the SARB’s delivery-governance standards.
• Update frameworks proactively as institutional maturity, assurance expectations or regulatory obligations evolve.
• Identify systemic governance gaps or repeated non-compliance and escalate through Strategy Management Office (SMO) leadership.
• Develop and maintain governance templates, checklists, quality-gate criteria and escalation pathways.
• Works with the systems and tooling specialist to embed governance requirements into delivery systems and tooling.
• Consolidate governance-assurance findings into enterprise insights, highlighting control gaps, regulatory-related governance risks and emerging compliance themes.
• Advise the Enterprise Project Management Office (EPMO), senior portfolio managers, programme managers and delivery assurance on governance requirements, quality gates, templates and compliance expectations.
• Provide guidance to delivery teams to support consistent and accurate application of governance standards.
• Support governance-related capability uplift in collaboration with SMO and EPMO leaders.

Qualifications

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

• an NQF Level 7 qualification in Business Management, Governance, Project/Programme Management, Risk Management, Compliance, Audit or an equivalent qualification; and
• five to eight years’ job-related experience.

go to method of application »

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

• Design, maintain and update the SARB’s institutional performance scorecards, indicators, definitions and evidence rules.
• Ensure scorecards reflect strategic priorities, governance requirements and verified benefits and delivery evidence.
• Consolidate performance information across portfolios using governance-verified inputs from the Enterprise Project Management Office (EPMO), Benefits Realisation and Governance and Standards Unit.
• Track institutional indicators, trends and emerging issues across delivery, benefits and governance signals.
• Ensure that all performance reporting is grounded in governance-aligned, benefits-verified, audit-ready and compliance-supporting evidence.
• Collaborate with Governance and Standards and Benefits Realisation to maintain accuracy, completeness and consistency in performance inputs.
• Maintain institutional performance-reporting templates, definitions and reporting schedules.
• Align SMO reporting standards with EPMO reporting structures and governance requirements.
• Engage with Finance, Risk and Audit departments, SMO, EPMO as well as other enabling functions to align indicators, reporting standards and performance expectations.
• Support governance forums by responding to analytical queries and ensuring shared understanding of performance signals.
• Maintain institutional performance-reporting templates, taxonomies, definitions and reporting schedules.
• Align SMO reporting standards with EPMO reporting structures and governance requirements.

Qualifications

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

• an NQF Level 7 qualification in Business Management, Information Systems, Analytics or related field; 
• five to eight years’ experience in performance, institutional and governance reporting as well as structured analysis in a regulated or formal organisational environment; and
• experience consolidating information from multiple functions and producing concise reports or dashboards for management or governance forums.

go to method of application »

Detailed description

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

• Provide technical solutions to the SARB’s financial cluster through the analysis of requirements and enhancements to the current banking services solution.
• Monitor infrastructure and optimise the Flexcube system to ensure the stability and availability of the application.
• Provide daily technical support through troubleshooting and problem-solving.
• Work closely with the Enterprise Integration Centre of Excellence (EICOE) to ensure that all integrations to and from the Flexcube application are monitored and are available and secured.
• Monitor and execute end-of-cycle runs to ensure payment settlements and general ledger reconciliations are completed timeously and accurately.
• Engage with the Oracle support team to ensure the quality of implementations through testing and code reviews.
• Ensure compliance with the Business Solutions and Technology Department’s (BSTD) backup, recovery, restore, change-control, release-management and continuity procedures and policies.
• Perform periodic systems maintenance to ensure systems availability.

Qualifications

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

• a Bachelors degree (NQF 7) in Information and Communications Technology (ICT) or an equivalent qualification; 
• two to five years’ experience in PL/SQL programming and application server/WebLogic administration; and 
• experience in Java programming.

go to method of application »

Detailed description

The successful candidate will be responsible for, among other things, the following key performance areas:

• Develop and/or assist with the development of policy, standards and guidance on South Africa’s resolution framework. 
• Keep abreast of international standards and best practices in the resolution of financial institutions. 
• Contribute to the development of resolution plans and resolvability assessments. 
• Contribute to and participate in ad hoc testing of crisis management capacity in the South African Reserve Bank (SARB) and in the financial sector and formulate recommendations on meeting crisis preparedness and resolution planning standards.
• Assist with and contribute to the development and refinement methodologies to measure the systemic significance of financial institutions. 
• Conduct research in support of policy developments for the Financial Stability Department and any of the internal and external committees that it serves, including international committees. 
• Produce reports, with input from relevant internal and external stakeholders, on industry-wide crisis management and resolution issues.
• Participate in and contribute to the activities of the Resolution Policy Panel and its substructures and assist with secretariat functions for these committees. 
• Prepare for and/or participate in meetings with international organisations and committees relating to crisis management and resolution and respond to requests for information by such organisations and committees.
• Mentor other specialists.
• Provide training to stakeholders on crisis management and resolution planning.

Job requirements

To be considered for this position, candidates must have:

• an Honours degree in Finance, Investment, Law, Economics, Accounting or Financial Risk Management; and
• eight years’ experience in banking, structured finance, valuations, financial markets, central banking or corporate insolvency.

go to method of application »

Detailed description

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

• Receive and capture integrity management-related client requests, including person of interest profiles, due diligence assessments and investigations.
• Maintain and update registers and databases.
• Manage internal filing systems (digital and physical) in accordance with security and South African Reserve Bank (SARB) protocols.
• Track workflow, pending actions and timelines to support operational efficiency.
• Prepare correspondence, submissions and administrative briefs as and when required.
• Laise with internal and external stakeholders. 
• Ensure adherence to the SARB policies, GSMD security procedures and confidentiality standards.
• Identify administrative gaps or risks and escalate appropriately.

Qualifications

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

• a National Certificate (NQF 5) in Business Administration, Office Management or an equivalent qualification;
• two to four years of administrative experience; and
• experience working with sensitive information requiring strict confidentiality, appropriate classification and controlled access in line with organisational information protection standards. 

go to method of application »

Detailed description

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

• Configure, test and deploy ServiceNow modules.
• Provide maintenance and second-level support for the ServiceNow platform to ensure its continued availability and performance.
• Troubleshoot and perform root-cause analysis related to the ServiceNow platform.
• Manage technology lifecycle on ServiceNow platform.
• Implement and maintain the governance and security model for the platform as developed by Cyber and Information Security Unit.
• Proactively monitor and report on the availability and reliability of the ServiceNow platform
• Provide periodic reports on the health, usage, performance and lifecycle status of the platform.
• Maintain and document technical standards, procedures, user guides, standard operating procedures (SOPs) and other instructional documents for the ServiceNow platform, in line with best practice, to ensure continuity.
• Collaborate and engage with internal and external stakeholders to understand the business requirements − configure workflows, forms and reports to meet their needs.
• Remediate security vulnerabilities identified on the platform.
• Stay abreast of new developments in ServiceNow.
• Provide guidance on the ITSM platform and provide solutions where required. 

Qualifications

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

• a National Diploma (NQF 6) in Information Technology (IT) or an equivalent qualification; and 
• one to two years’ experience in ITSM tool administration or similar role.

Added advantage:

• ITSM tool certification;
• ITIL v3/4 foundation; and
• COBIT 2019 foundation.

go to method of application »

Detailed description

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.

Job requirements

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

• an honours’ degree (NQF 7) 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.

go to method of application »

Detailed description

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

• Research and recommend emerging and fit-for-purpose network security solutions, and provide technical input into the design.
• Lead and drive the implementation (the design, configuration, testing and deployment) of network security solutions.
• Review technical standards, procedures, user guides, standard operating procedures, instructional documents and other material relating to network security solutions.
• Provide expert input on network security solutions and optimisation.
• Plan and manage the technology life cycle of all network and security products.
• Collaborate and engage with internal and external stakeholders to ensure the functionality of the deployed network security solutions and technologies.
• Identify, address and remediate any network vulnerabilities identified by auditors and governance-related assessments.
• Stay abreast of new developments in network security solutions and technologies.
• Provide network expertise in information and communication technology (ICT) network security projects, and participate in other SARB Group projects to contribute towards business objectives.
• Take responsibility for network security deployment for disaster recovery and resource allocation to ensure optimal performance, continuity and scalability.
• Provide third-level (escalation) support services on all network solutions and services to ensure continued availability and performance of the technologies.
• Troubleshoot and perform root-cause analysis related to network security solutions and services.
• Implement and maintain the governance and security model for the network as developed by the Cyber and Information Security Unit.
• Develop a network and security matrix for measuring network performance, health and usage, and provide associated statistics and reports.

Job requirements

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

• the minimum of an Honours degree (NQF 8) in Information Technology (IT) or Computer Science, or an equivalent qualification;
• industry certifications;
• a Cisco Certified Network Associate (CCNP); and
• the minimum of 8–10 years’ experience in network security solutions, with a strong track record of designing and implementing network security solutions in enterprise organisations.

The following would be an added advantage:

• Cisco Certified Internetwork Expert (CCIE) Security
• Cisco Certified Network Professional (CCNP);
• ITIL v3/4 and COBIT 2019; and
• Certified Information Systems Security Professional (CISSP) certification.

go to method of application »

Detailed description 

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

• Ensure that all business end-user requirements for information technology (IT) services are documented through service standards.
• Ensure that all agreed IT services standards are met.
• Monitor and report on day-to-day services delivered by the Business Solutions and Technology Department (BSTD) by monitoring operational activities within contracts to determine and resolve areas of non-delivery.
• Participate and guide IT demand planning by compiling and managing the information and communications technology (ICT) budget for the South African Reserve Bank (SARB) departments, ensuring that their requirements are delivered according to specification.
• Act as the primary liaison between service delivery and the business for existing and agreed-upon IT services.
• Actively develop and enhance relationships with key stakeholders, manage their expectations and monitor satisfaction levels.
• Take accountability for the implementation of operational ICT projects in partnership with the IT Project Management Office (PMO).
• Stay informed about ICT trends and demonstrate a deep knowledge of the BSTD service catalogue in order to provide adequate and relevant services.
• Demonstrate client departmental domain knowledge to ensure the delivery of fit-for-purpose solutions.

Job requirements  

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

• a National Diploma (NQF 6) in Information Technology; and
• five to eight years’ experience in an IT customer relationship and service management environment.

The following would be an added advantage:

• an ITIL certification; and
• experience in an IT technical environment.