Hot Jobs at South African Reserve Bank

Detailed description

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

• Assist in compiling and maintaining mandatory project documentation (e.g. information relating to a project charter, business case, project plan and change request) to ensure project compliance in terms of the Programme Management Office’s (PMO) standards and procedures.
• Collate and manage project information and reports to ensure that relevant stakeholders are adequately informed of project status.
• Liaise with various stakeholders (internal and external) throughout the project life cycle to maintain effective communication on all matters relating to the project.
• Update and maintain the project schedule, highlighting deviations to ensure that project timelines are adhered to and allow for planning adjustments.
• Maintain a project repository to make sure that project information is accessible to all stakeholders and available for audit purposes.
• Schedule meetings, consolidate information for meetings, maintain and disseminate minutes and ensure that actions are followed up as per the minutes.
• Record, update and maintain lessons learnt, risks, issues and action logs to allow for the management of project risks by the project manager.
• Contain and follow up on project activities in the absence of the project manager to ensure project continuity.
• Maintain the financial spreadsheet to keep track of payments, including liaising with vendors and FMD’s financial management section to ensure the timely payment of invoices.

Qualifications

Job requirements

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

• a Diploma (NQF 6) in Project Management or an equivalent qualification;
• certificate recognised by the Project Management Institute (PMI) or the Association of Project Managers Group (APMG) (e.g. Professional in Project Management (PPM)™ certification); and
• two to five years’ experience in project management environment.

Additional requirements include:

• analysing and problem solving;
• learning focus;
• drive for results;
• team work;
• verbal and written communication;
• flexibility; and
• service and stakeholder focus.

go to method of application »

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

• Define the project scope/brief and work breakdown structure in collaboration with key stakeholders to ensure a common understanding of the deliverables and the approach. 
• Produce comprehensive project management plans that include scope, quality, risks, time, cost, human resources, procurement, integration, governance and communication, and confirm that these knowledge areas are regularly updated and maintained. 
• Ensure that all project documentation, deliverables and reports are produced, approved and maintained timeously, including close-out documents. 
• Identify and manage project risks, constraints and changes, and ensure that the project plans are managed and approved. 
• Establish and manage relationships with all stakeholders, role players and service providers to ensure commitment to a common goal.
• Establish and effectively manage project and programme governance through setting standards and measuring compliance by means of engaging with a multidisciplinary project team throughout the project life cycle, and clearly define the roles and responsibilities of project team members for the delivery of project governance.
• Direct and coordinate the activities of project resources to ensure that the project progresses according to the approved schedule, and produce the expected deliverables within budget and according to specifications and quality standards. 

Qualifications

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

• a Bachelor’s degree in Commerce or an equivalent qualification (at NQF 7 level); 
• a project management qualification; 
• solid knowledge of the project management discipline; and 
• a minimum of 5–8 years’ experience in project/programme management.

The following would be an added advantage:

• experience in a banking environment.

Additional requirements include:

• facilitation; 
• promoting teamwork; 
• managing complexity and ambiguity. 
• planning and organisational skills; 
• judgement and decision-making skills; 
• analytical and problem-solving skills;
• conceptual thinking; 
• effective communication; 
• a drive for results; 
• a service and stakeholder focus; 
• impact and influence;  and resilience

go to method of application »

Detailed description

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

• Define own and others' work plans in alignment with departmental and functional work plans and using own discretion.
• Conduct analyses and design/architect quality IT solutions according to approved business requirements and in line with governance frameworks.
• Lead the delivery of quality IT solutions through development, integration, testing and deployment according to the approved design specifications and within agreed timelines.
• Ensure total quality of an IT solution by contributing to compiling standards, improving processes and ensuring that approved processes and standards are followed.
• Consistently provide IT solution maintenance and support in the designated area, thereby ensuring business continuity in line with agreed service standards.
• Keep abreast of developments in information and communications technology trends and the specialised area of technology to develop and design the most appropriate IT solution within the area of responsibility.
• Set the functional discipline standards for the area of work and hold others to comply with the expected standards and procedures for the completion of tasks.
• Actively participate as a team member and drive the team towards completing goals.
• Fulfil the team leadership function and provide mentoring and coaching to team members.
• Take responsibility for the development and performance management of the team or provide relevant input when necessary.
• Engage with the internal and external user community to ensure that business benefits are realised.

Qualifications

Job requirements

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

• an Honours degree in IT (NQF 8) or an equivalent qualification;
• development language certification; and 
• eight to 10 years’ experience in an IT environment.

Additional requirements include:

• solid knowledge of React/Angular or Java Script, Go Lang, Python programming, Shell scripting, XML, Json and AppWorks;
• knowledge and skill in;
• industry, organisational and business awareness;
• quality assurance;
• continual improvement;
• continual learning and professional development;
• IT enablement strategy and planning;
• IT enablement legislation and governance, risk and compliance;
• IT enablement project management;
• application design and development;
• application support and maintenance;
• systems integration and specialisation;
• infrastructure design and development;
• service management;
• testing;
• asset and inventory management; and
• capacity and performance management.

go to method of application »

Detailed description

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

• Conduct functional, integration, usability, configuration, installation, system, regression and user acceptance testing.
• Assist with the analysis of business requirements and gap analysis to ensure that comprehensive testing can be performed. 
• Compile and execute test cases and scenarios (including test estimation) to ensure a structured approach during testing. 
• Perform defect management to ensure high-quality solutions.
• Produce and communicate the progress for all testing efforts, results, activities, data, logging and tracking.
• Produce quality reports (encapsulating test results and statistics) to support the final approval for implementation of the solution.
• Collaborate with analysts, designers, developers and system owners in the testing of new requirements.

Qualifications

Job requirements

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;
• two to five years’ experience within an IT environment, specifically in the area of testing.

Additional requirements include:

• conceptual thinking;
• effective communication skills;
• drive for results;
• teamwork;
• service and stakeholder focus;
• building and maintaining relationships; and
• judgement and decision-making skills.

go to method of application »

Detailed description

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

• Provide oversight of designated banks and participate in supervisory practices.
• Analyse and assess the strategies, business models and business portfolios of banks.
• Analyse, monitor and form a view of the risks banks are exposed to (i.e. credit, liquidity, market, capital and operational risks) and the impact thereof on their risk profiles. 
• Assess compliance with the Banks Act 94 of 1990 (Banks Act), Financial Sector Regulation Act 9 of 2017 (FSR Act), Regulations relating to Banks and all prudential and regulatory requirements. 
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles.
• Analyse and interpret financial and risk information, including risk-based regulatory data submissions and their alignment to industry best practices. 
• Contribute to and participate in risk-based meetings with banks and their auditors. 
• Prepare detailed reports based on the outcomes of analyses.
• Manage correspondence and maintain electronic records in line with operational standards.
• Contribute towards the attainment of departmental strategic objectives.
• Contribute towards the attainment of operational objectives.

Qualifications

Job requirements

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

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

Additional requirements include:

• problem-solving and analytical skills;
• financial and business acumen;
• attention to detail;
• verbal and written communication skills;
• time management skills;
• good working knowledge of the Microsoft Office suite (Word, Excel and PowerPoint) and other related software packages;
• knowledge of the Banks Act, FSR Act and related standards and regulations;
• knowledge and understanding of the Basel Committee on Banking Supervision’s (BCBS) Core Principles for Effective Banking Supervision;
• knowledge and understanding of the BCBS’s supervisory framework; 
• knowledge of prudential supervision and the supervisory framework applied in South Africa;
• knowledge of basic risk management standards and practices applied by banks and banking groups;
• an understanding of key issues and risks banks and banking groups are facing;
• in-depth knowledge of the business of banks;
• an understanding of the business models applied by banks and their financial and operating environment; and
• knowledge and understanding of corporate governance and risk management best practices and standards.

go to method of application »

Detailed description

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

• Take responsibility for driving business analysis initiatives from initiation to implementation on projects of low to medium risk with a cycle of up to 12 months.
• Facilitate workshops independently and consult with business owners and stakeholders with regard to problem definitions and the identification of business requirements and needs.
• Review business processes and procedures, 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.
• Manage change requirements and supporting specifications. 
• Investigate problems and propose solutions by interacting with users, developers 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 the course of own work.

Qualifications

Job requirements

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

• an Honours degree in Information Technology (IT) or an equivalent qualification;
• a relevant Business Analysis certification; and
• five to eight years’ experience within a business analysis environment.

Additional requirements include:

• knowledge and skill in:
• industry, business and organisational awareness;
• continued learning and/or professional development;
• quality assurance; 
• continuous improvement;
• business transformation and optimisation;
• elicitation techniques;
• business analysis practices, methodology and tools;
• realisation and testing practices; and
• IT domain management; and
• behavioural competencies in:
• planning and organising;
• developing and growing others;
• judgement and decision making;
• resilience;
• impact and influence; and
• building and maintaining relationships.

go to method of application »

Detailed description

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

• Analyse, assess, evaluate and report on credit risk, to facilitate informed investment decision making.
• Contribute towards the formulation and implementation of policies related to credit risk.
• Conduct research on credit-risk developments and make recommendations based on the findings and best practices.
• Assist in the development of strategies for credit-risk management.
• Assist in the conceptualising and building of risk models for calculating risks associated with counterparties, portfolios and particular trades or strategies.
• Conducting fundamental credit analysis, including, financial statement analysis for the selection, evaluation and management of the credit quality of the SARB’s counterparties.
• Participate in cross-functional activities for the alignment and harmonisation of risk- related information.
• Develop and maintain business relationships with experts within the financial markets industry.
• Develop and maintain procedure manuals for operational purposes.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• an Honours degree (NQF8) in Finance, Risk Management, Investment Management or an equivalent qualification; and
• two to five years’ experience in investment risk management or a related field.

The following will be an added advantage

• either the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM) or Professional Risk Manager (PRM) designation.
• knowledge of Environmental Social and Governance investment processes.

Additional requirements include:

• either the Chartered Financial Analyst, Financial Risk Manager or Professional Risk Manager designation will be an added advantage;
• knowledge of financial instruments and risk management;
• knowledge of modern risk management methodologies;
• knowledge of commercial or investment banks’ operating models;
• problem-solving and analytical skills;
• conflict management skills;
• verbal and written communication skills;
• presentation skills;
• computer literacy skills;
• interpersonal skills;
• ability to maintain confidentiality; and
• team player.

go to method of application »

Detailed description

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

• Prepare design proposals on monetary policy tools and frameworks, and analyse the impact of implementation.
• Write and present reports on research and analysis conducted on market operations and investments.
• Manage bespoke elements of committee administration as requested by assuming the role of secretary or co-secretary of internal and/or external committees on a rotational or permanent basis.
• Implement monetary policy by monitoring the market, providing input into the trading strategy, conducting transactions such as auctions for purposes of liquidity management and also on behalf of government (bond auctions and Treasury Bill auctions), and capturing trades such as CPD assets and financial markets transactions for liquidity management.
• Undertake investments for the CPD in accordance with investment guidelines, operational requirements, and policies and legislation.
• Supervise the transactions of junior Financial Market Specialists.
• Contribute to the analysis of existing reference rates and the design of new rates where necessary, and contribute to the design of governance frameworks that relate to the code of conduct on benchmark rates.
• Provide oversight on the market commentary prepared by junior Financial Market Specialists.
• Coordinate, consolidate and finalise regular market analysis reports (e.g. financial market daily) without quality assurance by a more senior Financial Market Specialist.
• Draft rules relating to the oversight of market functioning and structure, including the code of conduct.
• Look for opportunities to automate routine tasks by leveraging innovative programming languages (e.g. Python), and encourage and assist junior specialists to continually innovate and improve their work processes.
• Conduct comprehensive research for special projects by applying a robust and structured research methodology.
• Stay abreast of all methodological developments relevant to own disciplines that affect the collection and development of time series and market research, trade execution and investment management process as well as operations, and apply this in own research.
• Analyse how these changes impact current methodologies and make proposals on how current methodologies should be adjusted to accommodate these changes.
• Assess what is required from current work, and then make specific changes to systems or own work methods in order to improve the standard of current work being done.
• Review, update and improve database structures on a regular basis to ensure all data are properly captured, and aggregate time series and cross-section data are calculated accurately.
• Prepare and make convincing presentations to own team on a regular basis as well as to departmental forums and other departments of the SARB.
• Assist with the preparation of briefings, speeches and presentations for senior management forums in the SARB as well as external forums.
• Contextualise presentations for a particular audience, with the ability to respond effectively to questions that may be posed by the audience.
• Support on-the-job training for junior Financial Market Specialists, which may be in the form of workshops or internal forums on research conducted.

Qualifications

Job requirements

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

• an Honours degree (NQF8) in Economics, Accounting, Actuarial Science, Financial Engineering, Mathematics of Finance, Finance or an equivalent combination of education in the required field and job- related experience; and
• five to eight years’ experience in the financial markets environment.

The following will be an added advantage:

• Master’s degree in the above disciplines, Chartered Financial Analyst (CFA) qualification, and knowledge and skills in money market operations, financial mathematics, domestic and international interest rates, bond markets, interest rate products, market intelligence, the investment industry, money market fund management, research methodologies, Reuters, Bloomberg, management of stakeholder relationships, project management, and relevant policies and procedures.

go to method of application »

Detailed description

The successful candidate will be responsible for, but not limited to, the following key performance areas:

• Monitor trade flows from execution to settlement, ensuring that risk mitigation controls are in place and adhered to.
• Verify and authorise all batches related to government bonds and money market instruments.
• Capture, verify and authorise accounting batches.
• Ensure that Strate rules and directives are adhered to.
• Commit to trades on time to meet all the bond runs.
• Lodge collateral.
• Draft and update procedure manuals.
• Process charges related to settlements.
• Handle ad hoc internal and external client queries, including requests for balances and statements.
• Maintain operational relationships with clients and counterparties.
• Participate in ad hoc projects.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• a Finance related NQF level 5 or an equivalent qualification; and
• a minimum of two to five years’ job-related experience.

Additional requirements include: 

• in-depth knowledge and understanding of domestic financial markets, instruments and stakeholders.
• working knowledge and understanding of domestic market systems (e.g., collateral systems, Flexcube, SWIFT, SAMOS).
• customer service orientation.
• proficiency in Microsoft Office products.
• willingness to occasionally work overtime when required; and
• proven ability to multi-task, deliver results, and respond quickly and effectively to requests. 
• being a team player. 

go to method of application »

Detailed description

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

• Provide input into the development of the change management framework and leading practice change tools and ensure the consistent and accurate implementation thereof.
• Lead the application of a structured change management approach and methodology for the people impact of change due to the implementation of large-scale strategic programs and initiatives as developed by the Change Management Centre of Excellence (CoE) within the SARB.
• Influence and participate in key pre-planning activities and lead the change management input to ensure that the integration and impact elements of change are considered in planning the approach of large-scale strategic programs.
• Develop and manage the implementation of the change management strategy for specific strategic programs.
• Lead and manage the diagnosis, design, development, integration and assessment of change plans and execution of deliverables aligned to the program plan.
• Conduct assessments on a program level (readiness, impact and training), analyse and interpret the results thereof, provide recommendations/interventions and reports as well as execute approved interventions to assist stakeholders in decision-making.
• Lead the development and implementation of a comprehensive stakeholder engagement and communication plan and lead leadership alignment and resistance management plans for programs.
• Lead the development of plans to mitigate or address risks for programs.
• Lead and manage the development and implementation of an appropriate training strategy and plan for programs, assess the impact of training delivered and provide recommendations to ensure that the adoption is embedded.
• Prioritise the delivery of change initiatives and plans to manage change saturation and multiple collision points, risk and dependencies for programs.
• Develop analytical and integrated change reports for programs, identify goals and metrics and make recommendations to guide, advise and influence decision-making.
• Administer a measuring system that tracks the adoption, utilisation and proficiency of individual changes.
• Coach executives, managers and teams through change and act as a liaison between relevant parties and stakeholders in the business for programs.
• Lead the development of and communicate the post-implementation change strategy and sustainability approach for stakeholders for programs.
• Manage the development and performance of the change team on programs.

Qualifications

Job requirements

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

• a minimum of an Honours degree in Human Sciences or Business or an equivalent NQF 8 qualification;
• a minimum of eight years’ experience in a project/change management environment of which at least three years of management experience.

go to method of application »

Detailed description

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

• Identify, address and manage potential legal risks within the SARB Group.
• Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations.
• Conduct research into a wide range of matters relating to financial, commercial and central banking law.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
• Represent the Legal Services Department, the SARB and the SARB Group on the regional, national and        international committees.
• Report on, and provide guidance, advice and legal opinions to, the above-mentioned committees.
• Review and draft policies for the SARB Group.
• Institutionalise processes to enhance efficiencies within the SARB Group.
• Provide legal advice and opinions.
• Draft and vet various financial and investment banking agreements.
• Manage litigation.

Qualifications

Job requirements

To be considered for this position, candidates must:

• be in possession of an LLB degree (NQF 8) or an equivalent appropriate legal qualification;
• be an admitted attorney, advocate or corporate lawyer within a corporate or investment banking legal environment or within a reputable banking/finance legal practice; and
• have at least 5–8 years of experience as a practising attorney, advocate or in-house legal counsel.

The following would be an added advantage:

• a solid record in leading and closing complex legal projects;
• experience in company law; and/or
• exposure to financial markets, financial technology (fintech) and/or payment systems.

go to method of application »

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

• Manage the Payroll and Staff Loans Section to ensure the timeous processing of valid and accurate payroll transactions.
• Ensure the continual improvement of the delivery and functioning of the Payroll and Staff Loans Section within budget.
• Develop operational plans for the Payroll and Staff Loans Section that are aligned to FSD and the SARB.
• Develop policies, procedures, processes, internal controls and system requirements for approval and ensure alignment thereto.
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks.
• Manage the performance of staff.
• Promote and support career management and development.
• Participate in various task teams and working groups on behalf of FSD.
• Perform the final authorisation of payments, accounting transactions and data captured by team members, ensuring accuracy, completeness and timeous delivery.
• Perform the final authorisation of payroll and staff loan processes as well as related submissions as per legislative requirements (e.g. statutory returns and tax information) in order to ensure accuracy, completeness and timeous delivery.
• Provide integrated management information reports to support decision-making.
• Lead and participate in engagements with relevant stakeholders and clients, both within the SARB and externally.

Qualifications

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

• an Honours degree (NQF 8) in Accounting or an equivalent qualification; and
• seven to nine years’ experience in a similar environment.

The following would be an added advantage:

• a Chartered Accountant (SA) qualification