Hot Jobs at South African Reserve Bank

Detailed description

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

• Translate business information requirements into appropriate information collection requirements. 
• Identify, source, access and analyse appropriate information resources and services related to physical security. 
• Satisfy information requirements by using available resources effectively and efficiently. 
• Document information products and package for distribution to stakeholders through structured reporting. 
• Conduct regular environmental scanning to provide early warnings. 
• Apply appropriate analytical techniques, methodologies and technologies to meet the objectives and goals of the analytical task.

Qualifications

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

• a Bachelors degree (NQF7) in Criminology, Security Risk Management, International Relations, Politics or a related discipline;
• specialist training in intelligence analysis and/or completed risk analysis;
• five to eight years’ experience in a law enforcement, intelligence and/or security environment with a strong liaison and coordination capability;
• three years’ experience in intelligence and/or security risk analysis.
• strong knowledge and experience in security technology and practices across different security disciplines; and
• knowledge of standard software analytical tools and exposure to electronic database systems.

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Detailed description

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

• Translate integrity business information requirements into suitable information requirements. 
• Identify, source, access and analyse relevant information resources and services related to personnel security. 
• Fulfil information needs by exploiting using available resources in an effective and efficient manner. 
• Document information products and package for distribution to stakeholders through structured reporting. 
• Apply appropriate analytical techniques, methodologies and technologies to meet the objectives and goals of the analytical task.
• Support investigations, vetting processes and integrity interventions through objective analytical input, while maintaining confidentiality and ethical standards.
• Participate in stakeholder engagements (internal and external), displaying the ability to deliver a coherent and convincing message.

Qualifications

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

• a Bachelors degree (NQF7) in Security Risk Management, Security Studies, Intelligence Analysis or an equivalent qualification;
• five to eight years’ experience in an intelligence, security and/or analysis environment with a strong report writing capability;
• three years’ experience in knowledge management;
• specialist training in integrity management, risk analysis, knowledge management and/or investigations; and
• strong knowledge and experience in security risk assessment processes and measures, intelligence analysis methodologies and standard software analytical tools as well as electronic database systems.

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Detailed description

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

• Monitor and assess compliance with security policies, standards, procedures, standing instructions, legislation and regulatory requirements across Group Security.
• Coordinate the development, implementation and maintenance of Compliance Risk Management Plans (CRMPs) in line with Generally Accepted Compliance Standards (GACS). 
• Track, monitor and follow up on audit findings and management actions to ensure timely resolution of identified control gaps and risk exposures.
• Support the ongoing enhancement of the GSMD Governance, Risk and Compliance (GRC) environment through continuous review and assurance activities.
• Facilitate integrated GRC workshops to provide consolidated and net risk views to management and governance structures.
• Coordinate and integrate GRC reporting into consistent and standardised reporting frameworks.
• Prepare integrated GRC reports, dashboards and management information packs for monthly, quarterly and annual reporting cycles.
• Coordinate reporting to security committees, including support to secretariat functions (agendas, minutes and action tracking).
• Ensure GRC practices are aligned with accepted GRC methodologies while adapting them to GSMD operational requirements.
• Assist in the development and optimisation of GRC workflows, processes and reporting tools to strengthen the overall GRC framework.

Qualifications

To be considered for this position, candidates must have:

• a B Degree (NQF-level 7) in Risk Management, Compliance and/or Governance or an equivalent qualification; 
• five to seven years of experience in a compliance, risk and governance environment;
• solid technical and functional knowledge of security-related legislation and security risk assessments; and
• the ability to work across multiple stakeholders and governance structures.

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Job Description

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

• Take responsibility for driving business analysis initiatives from initiation to implementation on projects. 
• Facilitate workshops independently and consult with business owners and stakeholders in respect of problem definitions and the identification of business requirements/needs. 
• Review business processes and procedures, elicit and analyse business needs and associated data, identify and assess possible solutions, and define the associated requirements. 
• Elaborate on the scope and feasibility of solutions, and develop the supporting business case. 
• Assist with the change requirements and provide specifications. 
• Investigate problems and propose solutions by interacting with users, developers, testers and other stakeholders. 
• Develop manuals and plans, and present training courses in support of implementation. 
• Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes, and apply these in own work. 
• Engage in multiple initiatives simultaneously and take on a project management role in some initiatives. 
• Plan, organise, control, manage and evaluate the work of team members and administer human capital functions.  

Qualifications

To be considered for this position, candidates must have: 

• an Honours’ degree in Technology or Finance; and 
• a minimum of five years’ experience within a business analysis environment.   

The following would be an added advantage: 

• a Diploma in Business Analysis; and 
• experience in banking, specifically in payment services or banking services back-office systems. 

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Detailed description

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

• To give strategic and leadership direction to the division.
• To contribute to the compilation of divisional operational plans and take responsibility for the implementation as well as the monitoring thereof.
• To provide input to stakeholders such as National Treasury and the South African Revenue Service (SARS)in terms of policy enhancement and formulation.
• Take responsibility for the planning of work and improvement of workflow for the division.
• Make suggestions for refining South African Reserve Bank (SARB) policies, processes and systems.
• Manage quality, facilitate delivery of the unit-specific outputs, clarify roles and responsibilities, and optimise and manage unit resources.
• Manage the processing and authorisation of applications as well as act as the signing authority within
• prescribed parameters.
• Manage the risk-based inspection process from end to end in order to ensure adequate preparation, the completion of related administration, team leadership during inspections and effective reporting.
• Design and manage the maintenance of a management information system for consistent and accurate reporting of relevant information to senior management.
• Lead stakeholder engagements (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks.
• Stay current with developments (e.g. changes to exchange control policies, rules and regulations) and provide input to publication and surveys related to own area of expertise.
• Fulfil the line management function pertaining to development and performance of the team.

Job requirements

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

• an Honours degree in Finance, Statistics, Business Economics, Banking, Accounting or a related field; 
• industry, business and organisational knowledge;

knowledge of, and experience in:

• quality assurance knowledge;
• continuous improvement knowledge;
• continued learning/ professional development knowledge;
• relevant software applications (MS Word, Excel, etc);
• the application of the Exchange Control Regulations and the Currency and Exchanges Manual for
• Authorised Dealers;
• relevant policies; and
• financial and exchange control regulatory environment.
• a minimum of 8–10 years’ job-related experience in either exchange control, banking, financial markets or a relevant regulatory environment; and 
• at least two years’ proven experience in managing teams. 

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Detailed description

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

• Support the ongoing development and implementation of formalised risk management processes.
• Maintain, review and update the FMD compliance and internal control universe by identifying applicable regulatory requirements, internal policies and standards.
• Prepare accurate, reliable and insightful risk and compliance reports for management and relevant governance forums.
• Monitor adherence to investment guidelines, regulatory requirements, policies and internal controls, and escalate non compliance where required.
• Assist in ensuring that FMD practices are aligned with international AML/CFT standards and comply with applicable local and international regulations.
• Analyse risk trends, incidents and control effectiveness, and contribute to actionable risk insights and recommendations.
• Conduct research on regulatory developments, industry practices and emerging risks relevant to financial markets. 
• Preparation of briefings and presentations for internal and external stakeholders.
• Assist in the design and delivery of compliance and operational risk training and awareness programmes within FMD.

Job requirements

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

• a Postgraduate degree (NQF 8) in either Investment Management, Risk Management, Accounting, Finance, Banking or a related field;
• two to five years relevant experience in risk and compliance management within a related discipline.

The following would be an added advantage:

• a Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification.

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

• Advise on risk and compliance management issues related to the operating areas within CMD.
• Develop operational risk profiles and action plans for the relevant systems within CMD.
• Support the implementation, review, updating and maintenance of the operational risk management and compliance framework.
• Prepare, liaise with relevant divisions/cash centres and facilitate risk assessment workshops, business impact analysis and business continuity planning sessions, using the SARB’s risk management policies, frameworks, methodologies, processes and systems. 
• Coordinate, plan and execute activities related to managing specialised operational risks, including cyber-risk, change management, project risk management and business continuity management.
• Conduct operational risk assessments, prepare reports, capture risk mitigation plans and provide progress reports in line with RMCD and Board Risk and Ethics Committee agendas.
• Implement risk monitoring processes for risk and compliance management. 
• Assist in preparing for briefings and presentations with relevant stakeholders. 
• Help prepare scenarios, coordinate training and awareness sessions, and provide training in governance, risk management and controls relevant to the department. 
• Coordinate and liaise with RMCD, internal and external auditors, and other relevant stakeholders to enhance audit, risk and compliance activities.
• Log risk incidents related to the operational area, consolidate, maintain and report on the centralised risk incidents database for CMD.  
• Build sound professional relationships with stakeholders through collaboration, customer focus and excellent execution.
• Manage relationships with peers through teamwork, knowledge sharing, positive attitude and providing support to colleagues.
• Actively stay abreast of new approaches (best practices), methods, analytical techniques and procedures in risk management. 
• Research and benchmark leading risk management processes and developments and propose improvements accordingly. 
• Identify and recommend effective ways to improve business processes and systems, adding value to CMD.
• Contribute to other specialised risk management processes, including policies, methodologies and frameworks (e.g. financial risk management, cyber and information security, privacy, physical security, and strategic and operational resilience). 

Qualifications

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

• a minimum of a Bachelor’s degree in Risk Management or any other relevant NQF 7 degree;
• at least five to eight years’ experience in a banking, finance or a payment environment, with at least two years in risk management; and
• a Certified Risk Professional (CRP) certificate or an Honours degree (NQF 8) will be an advantage.

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Detailed description

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

• Supervisory oversight of designated financial conglomerates, banking groups, banking subsidiaries and branches of designated banks (collectively referred to as ‘banks’).
• Assess and analyse the strategies and business models of banks.
• Analyse and assess the business portfolios of banks.
• Analyse and form a supervisory view of the risks facing banks and the impact thereof on their risk profiles.
• Analyse and assess the adequacy and appropriateness of business and risk management practices applied by banks as well as and the alignment thereof with industry best practices.
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles. 
• Identify and monitor emerging risks and the potential impact thereof on the banking sector and individual banks, in particular.
• Develop and apply analytical methods to analyse and interpret risk-based regulatory data submissions.
• Assess compliance with the Banks Act 94 of 1990 and the Regulations relating to Banks. 
• Prepare detailed quantitative and qualitative reports based on the outcome of analysis performed.
• Prepare detailed formal feedback to banks following on-site reviews and prudential meetings held with banks’ management, executives, boards and board subcommittees.
• Plan, arrange, prepare for, and conduct on-site reviews and prudential meetings with banks’ management, executives, boards and board sub-committees.
• Present the outcome of ongoing analysis and supervisory assessments to senior management of the Prudential Authority and representatives of banks.
• Maintain permanent electronic records in respect of banks.
• Manage correspondence pertaining to banks.
• Undertake ad hoc projects as assigned by management.
• Perform duties as a relationship manager by, among other things, undertaking frequent, often high-level liaison with banks and other interest groups, such as the external auditors of banks.

Job requirements:

To be considered for this position, candidates must have:

• A postgraduate qualification (NQF 8) in Finance, Accounting, Banking, Economics, Risk Management or a relevant equivalent qualification; and 
• five to eight years’ relevant working experience in a regulatory environment or the financial sector.

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Detailed description

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

• Provide strategic direction to a team of analysts in the ongoing supervisory oversight of allocated financial entities, including the operational alignment of supervisory programmes and targets.
• Provide leadership within the Banking, Insurance and Financial Market Infrastructure Supervision Department of the Prudential Authority (PA) and support the relevant divisional head(s) in achieving the overall departmental objectives.
• Provide technical assistance and guidance to a team of analysts.
• Manage the team’s deliverables, including work plans, resource allocation and management, processes and systems, and change and innovation.
• Manage the team’s performance.
• Manage talent, including the learning and development of team members as well as succession planning.
• Contribute to the team’s compliance with the governance, risk management and information management policies and procedures relevant to the PA and the South African Reserve Bank.
• Contribute to special projects within the PA.

Job requirements

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

• a postgraduate qualification (NQF 8) in Economics, Risk Management, Accounting, Banking, Finance or any other relevant qualification at that level;
• at least eight years’ experience in the financial services or financial regulatory industry; and
• at least two years of proven experience in managing a team.

The following would be an added advantage:

• Chartered Accountant (South Africa) certification; and/or 
• Associate General Accountant (South Africa) certification.