Hot Jobs at South African Reserve Bank

Detailed description

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

• Facilitate the implementation of personal information (PI) measures, privacy tools, standards and procedures for the assigned business clusters to ensure the lawful processing of PI.
• Conduct impact assessments on current processes and new projects within the assigned clusters to identify compliance gaps and recommend remedial actions.
• Drive the implementation of remedial actions for both existing processes and new projects in the assigned clusters.
• Identify gaps in privacy training and facilitate relevant training within these clusters.
• Conduct and/or oversee audits of existing and new PI processes, including high-risk third parties, following priorities set by the Data Protection Officer.
• Analyse data and identify patterns for the assigned business clusters, providing insights and recommendations to address compliance gaps.
• Prepare privacy reports for the assigned clusters for departmental management committees on compliance with the Protection of Personal Information Act 4 of 2013 (POPIA).
• Ensure that any PI breaches are logged correctly by the assigned business clusters.
• Conduct preliminary investigations into PI breaches and coordinate or participate in problem identification, root cause analysis and making recommendations to prevent future occurrences.
• Stay current with PI knowledge and skills to maintain professional expertise and relevant accreditations.
• Establish and maintain both internal and external stakeholder relations, ensuring continued compliance with PI conditions.
• Keep abreast of industry developments and best practices, ensuring these are applied within own work.  
• Support the implementation of the third-party risk assessment framework to ensure that third-party contracts meet PI requirements.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in either Compliance or Law, or an equivalent qualification in a related field;
• at least five to eight years of relevant work experience in data privacy and protection programme management, audit and/or compliance, practices, processes, risk management and technologies; and 
• at least five years of regulatory experience in the banking industry.

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What the Programme is about

Exposure to departments in the SARB

• Graduates will work and learn at the SARB Head Office from February 2027 to January 2028. They will be assigned to a department and exposed to various tasks and projects.
• During the Programme, graduates will attend various learning interventions at the SARB Academy. Interventions are mainly specific to central banking and are aimed at producing well-rounded central bankers. As part of the holistic programme, graduates will also gain personal and professional skills such as assertive communication, public speaking and presentations, creating powerful PowerPoint presentations, impactful reporting, teamwork and personal excellence and etiquette.

After the first year 

At the end of the year, some graduates will be permanently appointed into a department of the SARB. Those most likely to be appointed are graduates who:

• are interested in continuing their career at the SARB;
• have a desire to contribute to monetary policy, financial stability, currency management, supervising financial institutions, financial markets, or any one of the SARB’s enabling functions;
• have demonstrated behaviours aligned to the SARB’s values of accountability, excellence, integrity, respect and trust and open communication;
• can function independently and contribute actively and effectively in a team; and
• have performed exceptionally well in their assigned departments and academically.

Qualifications

Applications are open to candidates who have a postgraduate qualification in one of the following fields: 

• e.g Economics
• Econometrics
• Statistics
• Research
• Policy Analysis
• Public Finance
• Accounting
• Auditing
• Law
• Financial Mathematics
• Financial Engineering
• Information Technology
• Digital Technology
• Portfolio or Investment Management
• Mathematics
• Quantitative Analysis
• Business Analysis
• Risk Management (operational and financial risk)
• Actuarial Science
• Fintech

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South African Reserve Bank Data Science Graduate Development Programme

The South African Reserve Bank (SARB) is looking for talented postgraduates to join its one-year Data Science Graduate Development Programme in February 2027.

What the SARB does

• The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for the regulation of the South African financial sector, design and distribution of banknotes and coin, management of interest rates, setting the cash reserve requirement for banks, and ensuring stability of both the banking sector and the wider financial system.

Description

• Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. The core outcome of this programme is to develop deep capabilities in advanced analytics in central banking.

Format of the programme

• Graduates will be placed in the Central Bank Departments within the SARB, from February 2027 to January 2028. During the programme, graduates will attend various learning interventions at the SARB Academy, including technical training. The programme offers opportunities for a Data Science track, and graduates will work in a Data Lab environment from time to time, on various use cases.

Qualifications

To be considered, candidates must have a postgraduate qualification or be in the process of completing a postgraduate qualification (ideally completed the course work) in one of the following fields:

SARB Graduate 

• Data Science
• Machine Learning/Artificial Intelligence
• Predictive Analytics Modelling
• Statistics
• Applied Mathematics
• Digital Technology (Information Technology)
• Fintech
• Economics with Econometrics
• Business Mathematics and Informatics.

Additional requirements

• Coding with R and/or Python;
• be a South African citizen;
• be a curious, innovative and self-motivated individual with strong analytical skills;
• have a proven track record of academic excellence with an overall average mark of 70% and above; and
• have excellent communication and interpersonal skills.
• Have Fintech experience.

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Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorised activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).t and safeguard the facilities, personnel, and assets of the Bank.

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification; 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification;
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun);
• a minimum of two to five years of working experience in a security environment;
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms;
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position;
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

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Detailed description

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

• Conduct access and egress control in the areas of operation.
• Conduct guarding, patrolling and escorting duties to safeguard the facility against illegal and/or unauthorised activity.
• Identify, respond to and report all security and emergency threats, signals and situations under all conditions.
• Monitor, maintain and ensure the optimal utilisation of all security systems, equipment and signals.
• Perform evacuations and emergency drills during emergencies.
• Perform administrative duties such as report-writing and completing electronic occurrence books and pocketbooks.
• Proactively broaden knowledge of functional area, displaying willingness to make improvements (including methods and practices).

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate or an equivalent NQF 4 qualification; 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C qualification;
• a competency certificate in the handling of firearms (i.e. a 9 mm pistol, a semi-automatic rifle and a shotgun);
• a minimum of two to five years of working experience in a security environment;
• sound knowledge and understanding of applicable legislation, including, but not limited to, the National Key Points (NKP) Act 102 of 1980 and Regulations, the Firearms Control Act 60 of 2000, the Criminal Procedure Act 51 of 1977, as well as all the policies, procedures and operational instructions of the SARB relating to the use of firearms;
• a level of medical, psychological and physical fitness commensurate with the inherent requirements of the position;
• professionalism, discipline and the physical fitness to work long hours; and
• the availability to work shifts (including weekends) and perform duties as required by operational circumstances.

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Detailed description

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

• Contribute to the development of CODI’s strategy by developing, implementing and monitoring the Policy and Regulation Division strategy, ensuring alignment with CODI’s overall objectives.
• Provide leadership for the Policy and Regulation Division by aligning operational plans with CODI’s strategic objectives, clarifying roles, setting performance expectations and managing the performance of direct reports, including providing technical guidance, supporting career development and overseeing the delivery of work through effective resource utilisation, prioritisation and target setting.
• Manage the policy formulation process, including directing and conducting research for the development and/or refinement of policy tools, development of regulatory frameworks for member banks and all related work in terms of deposit insurance-related legislative frameworks, such as those outlined in the Financial Sector Regulation Act 9 of 2017.
• Administer and oversee the implementation of deposit insurance policy and regulatory instruments to fulfil the objective and functions of CODI.
• Develop resolution support plans and execute regular resolution support simulations to ensure CODI’s readiness to effectively fulfil its mandate.
• Provide input to the communication and awareness strategy by overseeing and participating in public awareness initiatives, as well as educating banks and depositors about the features of the deposit insurance scheme.
• Provide input to reports relating to the functions of CODI, including risk management, audits, compliance, annual reports and financial statements.
• Report on deposit insurance policy and regulatory matters to CODI’s Chief Executive Officer (CEO) and the board of directors and provide guidance thereon where necessary.
• Participate in assessments and surveys of the deposit insurance system by international bodies, such as the International Monetary Fund’s Financial Sector Assessment Program.
• Represent CODI in various local, public (such as parliament) and at international fora on deposit insurance matters and influence international standards and/or developments.
• Oversee compliance reviews conducted by CODI on banks to determine if banks’ operational procedures and internal controls adhere to the legislative requirements and deposit insurance regulations established by CODI.
• Stay abreast of local and global deposit insurance and resolution developments and assess the impact of these on local regulatory frameworks and make recommendations for amendments to the South African deposit insurance framework.
• Manage the development of a stakeholder engagement strategy with internal and external stakeholders.

Job requirements

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

• an honours degree (NQF8) in Economics, Accounting, Finance, Law or an equivalent qualification; and 
• 8−10 years’ experience in the banking or banking supervision environment, with at least 5 years in management.

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Detailed description

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

• Fulfil the line management function pertaining to the performance and development of the SOC team.
• Compile sectional budgets and manage related contracts aligned with approved procurement and legal practices.
• Contribute to the development of the CSO divisional strategy and take responsibility for the implementation thereof in support of the overall strategy of the SARB’s Business Solutions and Technology Department (BSTD).
• Manage the cyber security incident response process, including providing for effective incident detection, response and recovery activities aligned with the approved incident management terms of reference.
• Take responsibility for the identification, mitigation and management of SOC operational risks in accordance with the approved SARB risk management practices.
• Ensure that effective threat intelligence capabilities are deployed and configured to identify and manage potential cyber security vulnerabilities, exploits and risks across the SARB Group user, technology and information landscape.
• Manage the environment in accordance with relevant security policies and frameworks, and ensure the development and enforcement of appropriate controls, processes and technical security standards.
• Develop SOC compliance measurements in the context of the SARB Group security strategy in support of BSTD’s key performance indicators.
• Provide guidance to business areas with the development and implementation of security monitoring use cases based on identified business risks.
• Plan resources and ensure technical alignment within complex and large-scale programmes, projects and impact assessments.
• Develop and report on business cases, and acquire services for the provisioning of technology capabilities, to meet and extend on SOC outputs in support of business requirements.
• Influence and collaborate with divisional and sectional managers and technical team members such as security operatives, software developers, cyber security engineers and system administrators in support of business objectives. 
• Manage the resolution of complex problems and incidents relating to security operations.
• Research and keep abreast of new and changing security technology solutions, regulations, policies and architectures, and play a lead operational role in ensuring alignment.
• Liaise with vendors for the purpose of product and technology reviews in support of ensuring the fit-for-purpose implementation of identified technologies in the SOC.
• Manage the relationship between the operational and governance aspects of the SOC.

Job requirements

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

• the minimum of an Honours degree in Information and Communication Technology (ICT) or Engineering, or an equivalent combination of education and job-related experience; and 
• the minimum of 8–10 years of experience in cyber security environments, with at least 3 years in a supervisory role.

The following would be an added advantage:

• relevant cyber security certifications.

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Job Description

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

• Perform work independently within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing own tasks.
• Perform insurance-related accounting duties (including reconciliation and the application of value-added tax) in accordance with accounting and SARB policies, relevant accounting standards and legislation.
• Administer the staff insurance cover by processing applications, arranging insurance cover and effecting premium deductions.
• Administer all insurance claims in accordance with insurance policies and practices.
• Gather, prepare and provide insurance underwriting and claims information to enable effective decision-making by clients, management and other relevant stakeholders.
• Perform general administration, including preparing payment instructions, data capturing and record-keeping, to ensure the smooth running of the section’s operations.
• Review and monitor transactions flagged by the payment screening system for potential matches to sanction lists.
• Investigate alerts to determine whether they are true matches and released according to guidelines.
• Engage at varying levels of seniority with relevant stakeholders, clients and service providers within the SARB Group and externally, displaying a service orientation and the ability to solicit information and convey and explain information fluently.
• Stay abreast of developments in the internal and external environment and broaden knowledge of functional area and insurance practices.
• Evaluate own performance against given criteria and identify and address task-specific learning needs.

Qualifications

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

• a higher certificate (NQF 5) in insurance or an equivalent qualification in a related field; and
• at least two to three years’ experience in a financial/insurance services environment, specifically in insurance administration and anti-money laundering.

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Detailed description

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

• Conduct functional, integration, usability, configuration, system, regression and user acceptance testing as well as market testing. 
• Review business and functional requirements, and assist in gap analysis, to ensure that comprehensive testing can be performed.
• Assist in and consolidate the test strategy, test plan, test closure, test cases and scenarios (including test estimation) to ensure a structured approach during testing. 
• Compile and execute test cases and scenarios (including test estimation) to ensure a structured approach during testing.
• Coordinate domestic payment system participants in relation to testing activities. 
• Perform defect management to ensure high-quality solutions. 
• Communicate progress on 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. 
• Assist in the compilation of user and training manuals. 
• Collaborate with test analysts, analysts, designers, developers, project managers and system owners in the testing of new requirements.
• Communicate any delays on test execution as well as any defects-related issues/risks timeously to the relevant stakeholders.

Job requirements

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

• the minimum of a Bachelor’s degree or an Advanced Diploma, or an equivalent qualification; 
• ISTQB Foundation Level Certification; and
• at least 2–5 years’ experience within an information technology (IT) environment, specifically in the area of testing.

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Detailed description

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

• Manage and coordinate the SARB’s events calendar, which spans 12 to18 months and beyond, in a timeous manner and deploy resources in an efficient and effective manner. 
• Conceptualise and manage the delivery of high-quality, professional events through forward-planning and execution against action plans and defined timelines.
• Manage permanent and contingent staff as well as suppliers to ensure the professional execution of SARB events.
• Liaise with and provide support to internal and external stakeholders for upcoming events, campaigns and visits to ensure the successful execution of logistical arrangements. 
• Evaluate the success of the SARB’s events, identify areas for improvement and make recommendations.
• Provide reports on events and highlight progress, risks and mitigation plans for current and future events. 
• Monitor the environment and stay up to date with new legislation that may impact on events management and apply changes where appropriate.
• Remain abreast of technological advances and industry trends to ensure that the SARB utilises best-in-class event standards, platforms and practices.
• Build effective partnerships with internal and external stakeholders.
• Manage the events budget and track expenditures to ensure appropriate use of funds.
• Compile an events framework and standard operating procedures to serve as the guiding principles for events.

Qualifications

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

• a minimum of a Degree (NQF7) in Strategic Marketing, Events Management, Hospitality Management, Public Relations or an equivalent qualification; 
• a South African Qualifications Authority (SAQA)-accredited Protocol Certificate (will be an added advantage); and
• a minimum of four to six years’ experience in events management, with at least three years’ experience in a supervisory role.

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Detailed description

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

• Assist with implementing operational plans for communications and campaigns that support the South African Reserve Bank's (SARB) overall strategy and mandate.
• Carry out logistical and administrative tasks to support communications operational plans.
• Produce high-quality written and visual content for internal and external communications, including messages, memorandums, presentations and articles.
• Plan the division’s stakeholder meeting calendar in collaboration with other departments.
• Provide logistical support during the planning and execution of stakeholder events in collaboration with other departments.
• Act as the first point of contact for internal and external communications, particularly with respect to feedback from the public and staff.
• Maintain and update the division’s filing system and records, particularly regarding queries from the public and staff.
• Source and analyse data for internal reporting purposes to help identify the strengths, weaknesses and opportunities within the communications strategy.
• Adhere to approved processes for all communications activities.

Qualifications

To be considered for this position, candidates must:

• be in possession of a Higher Certificate (NQF 5) in English, Communications or a related specialisation;
• have experience using design tools such as Canva and the Adobe suite (will be an added advantage);
• have at least two to three years’ experience in one or more of the following areas: communications, marketing, public relations, editing, journalism or other relevant experience.

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Detailed description

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

• Review, analyse and evaluate life insurers’ own risk and solvency assessment process.
• Analyse and interpret risk-based regulatory returns for life insurers.
• Conduct research and provide input into the regulatory framework 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.

Job requirements

• To be considered for this position, candidates must be in possession of:
• A Postgraduate qualification in Insurance, Actuarial Science, Risk Management, Finance or an equivalent qualification 
• a minimum two to five years’ job-related experience in the life insurance sector or in risk management of life insurers; and

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 Detailed description 

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

• Review, analyse and evaluate non-life insurers’ own risk and solvency assessment process. 
• Analyse and interpret risk-based regulatory returns for non-life insurers. 
• Conduct research and provide input into the regulatory framework 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.  

Job requirements 

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

• a Postgraduate qualification in Insurance, Actuarial Science, Risk Management, Finance or an equivalent qualification (NQF 8); 
• a minimum five years’ job-related experience in the non-life insurance sector or in risk management of non
• life insurers; andgood progression in actuarial subjects. 

The following would be an added advantage: 

• an Masters qualification in any of the aforementioned, an ASSA Associate (or equivalent credentials) 
• designation, or a risk management designation such as PRM or FRM, and practical experience in a financial 
• and/or business and/or regulatory environment; and 
• knowledge of, or experience in climate risk related aspects. 

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Detailed description

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

• Engage in short-term planning and perform tasks against work plans as defined by the team leader or nature of work.
• Identify, evaluate and solve defined, routine and new problems within a familiar context, applying solutions based on relevant evidence and procedures, and demonstrate an understanding of the consequences.
• Prepare high-quality food items in accordance with the approved menu specifications limiting food waste. 
• Provide support to the Chef de Partie where required (including, but not limited to, ordering ingredients required for food preparation).
• Adherence to clean as you go principles. 
• Assist in the efficient serving of meals to customers, ensuring a high standard of service and hospitality is maintained
• Adherence to food safety and hygiene standards in accordance with relevant standards and legislations
• Engage positively with stakeholders and customers (including handling customers’ complaints and compliments).
• Willingly address any gaps in own performance of tasks and activities against the required standard..  

Job requirements

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

• a Grade 12 (NQF4), a Certificate in Hospitality Management or an equivalent qualification; and
• one to three years’ experience in a culinary, restaurant or hotel and catering environment.

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Detailed description

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

• Research, develop, review and maintain the SARB Group Incident Management Centre (GIMC) framework to ensure a consistent, unified and aligned SARB business incident response and management structure. 
• Develop, review and maintain the standards and procedures to provide the guiding principles on the set up of incident response and management processes. 
• Coordinate and facilitate the development and review of incident management and response governance processes across the SARB Group.
• Provide expert guidance in relation to incident management governance processes to all business areas for the SARB group. 
• Facilitate the implementation of incident management governance processes within the SARB Group.
• Engage with stakeholders across the SARB Group to provide guidance and support during an incident and assess against the guiding principles. 
• Liaise with industry experts and conduct ongoing research into leading incident management best practices and ensure that all relevant areas are incorporated in the relevant SARB policies, standards, frameworks and procedures.
• Analyse SARB Group incident response and management information and provide reports to multiple departmental structures.

Qualifications

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

• an Honours degree in Security Risk Management, Information Security Management or an equivalent/related NQF 8 qualification; 
• 8–10 years’ experience in a security governance environment, with specific emphasis on incident management and response; 
• sound knowledge of relevant legislation, security risk and compliance management, industry best practice and stakeholder engagement.

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Detailed description

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

• Manage the full recruitment lifecycle, including workforce planning support, sourcing, screening, interviewing, offer management, and onboarding support.
• Collaborate with hiring managers and HR Business Partners to understand role requirements, capability needs and translate them into effective recruitment strategies.
• Ensure diversity is supported across all levels in partnership with line managers.
• Collaborate with relevant stakeholders across the HR value chain to ensure seamless delivery.
• Execute proactive sourcing strategies, including direct sourcing, talent pooling, and leveraging these where appropriate to support hiring needs.
• Manage relationships with external suppliers to ensure quality, value for money, and compliance with agreed service levels.
• Ensure a consistent, professional, and inclusive candidate experience throughout the recruitment process.
• Provide recruitment insights and market intelligence to support hiring decisions.
• Maintain accurate recruitment data, reports, and documentation in line with governance requirements.
• Contribute to continuous improvement of recruitment processes, tools, and employer branding initiatives.
• To comply with the Bank’s policies and legislative requirements to adequately mitigate risk and achieve the Bank’s objectives.

Job requirements

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

• A minimum of a Bachelor’s degree OR equivalent in Human Resources/Social Sciences or equivalent; and 
• A minimum of 5-8 years Recruitment and Selection experience which has been gained in a corporate and agency environment.
• Proven track record of successful placements at various levels.
• Experience in MS Office applications and talent acquisition software.

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Detailed description

The successful candidates will be responsible for, among other tasks, the following:

Supervision

• Review and evaluate ALM frameworks, liquidity strategies, reports, and stress testing methodologies submitted by insurers and FMIs, helping assess their robustness and effectiveness in managing risks;
• Assist in monitoring compliance with key requirements, including the Insurance Liquidity Ratio (ILR) under FSI 6, liquidity buffers, funding gaps, and integration of ALM risks into Own Risk and Solvency Assessments (ORSA);
• Process, analyse, and interpret risk-based regulatory data submissions to identify emerging vulnerabilities and sector trends;
• Support on- and off-site reviews of ALM-related risks for the insurance sectors and FMIs;
• Identify ALM-related risks by processing, reviewing and evaluating relevant applications from supervised institutions; 
• Provide specialist input with respect to ALM-related risks within the Prudential Authority (PA);
• Stay informed on global best practices and developments in liquidity and ALM risk management; and
• Assist in informing the PA on aggregate ALM/liquidity behaviours and risks across supervised institutions.

Regulation

• Assist with the development of internal policies and processes for supervising ALM and liquidity related risks. 

Qualifications

To be considered for this position, candidates should have a minimum:

• A postgraduate degree in Finance, Economics, Actuarial Science, Accounting, Computer Science, Risk Management, or a related field; and
• Up to two years’ applicable experience in the insurance or within risk management. 

The following would be an added advantage 

• Familiar with the liquidity risk papers published by the International Association of Insurance Supervisors and IOSCO
• Knowledge of the insurance liquidity standards (FSI 6, Solvency II, IFRS 17);
• Knowledge of FMIs liquidity risk management and PFMI compliance (Principle 7);
• Financial Risk Manager (FRM), Professional Risk Manager (PRMIA) or Chartered Financial Analyst (CFA); and 
• Excellent risk and control knowledge. 

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Detailed description

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

• Lead technical exploration projects into innovative financial technologies (e.g. techsprints, proof of concepts) to understand the impact of and gap created by innovative developments on current policies and regulation. 
• Initiate, select and scope technical projects on emerging technologies of relevance to the Fintech Unit or SARB for deeper understanding and present proposals for approval
• Design and oversee the execution of project-related activities that explore the impact of technology developments on financial markets and central banks in line with the priorities of the Fintech Unit and SARB
• Lead practical explorative initiatives on innovative financial technology in support of policy development, including the identification of areas of improvement and compliance with international standards.
• Conduct research into global innovation projects to inform Fintech Unit’s approach to innovation and potential ways for the SARB to collaborate with other central banks on practical exploration to understand the policy and regulatory implications of new technologies.
• Lead projects and activities related to fintech and supervisory technology (suptech).
• Lead various forums (domestic and international) on new developments, research findings and insights from project-related activities. 
• Support the SARB’s continuous development of expert knowledge on innovative technologies related to the work of the Fintech Unit and SARB and actively share learnings to inform policy and regulatory positions on fintech 
• Actively engage with counterparts in industry and the central banking community in the region and participate in industry consultations as well as the drafting of discussion papers and standards.
• Lead the development and maintenance of policies and/or regulatory frameworks and incorporate inputs and comments from the industry and relevant regulatory authorities. 
• Develop and contribute towards reports on the activities and functions of the Fintech Unit and present them to various domestic and international stakeholders.
• Lead in providing input into material drafted by international standard-setting bodies such as the Bank for International Settlements (BIS), including the BIS Innovation centres, and Financial Stability Board (FSB).
• Actively build relationships and collaborate with applicable South African Reserve Bank (SARB) stakeholders and other regulators on matters relating to the functions and responsibilities of the Fintech Unit. 
• Lead with drafting content for fintech public awareness initiatives and respond to queries and surveys. 
• Oversee and thought-lead workshops and conferences to create awareness of fintech-related matters in the industry. 
• Guide fintech analysts on work pertaining to fintech.

Qualifications

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

• an Honours’ degree in Economics, Finance, Technology or Law; and
• 8–10 years’ experience in financial innovation, regulation, law or economics.

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Detailed description

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

• Apply a structured change management approach and methodology for the people impact of change due to of all allocated CSD projects and initiatives as developed by the Change Management Centre of Excellence within the SARB.
• Contribute to pre-planning activities (including success criteria) and provide change management input to ensure the elements of change are considered in planning the approach of projects.
• Design and facilitate the implementation of change plans, deliverables and priorities in sequence to the project plan, including communication, stakeholder management, resistance and transition plans, as well as issues and the risk log.
• Conduct assessments on a project level (readiness, impact and training), analyse and interpret the results thereof, provide recommendations/interventions and reports, and execute approved interventions to assist stakeholders in decision-making.
• Conduct assessments at the appropriate time (readiness, impact and training) and produce relevant reporting and feedback to assist stakeholders in decision-making.
• Develop and implement a stakeholder and communications plan on a project level, manage and engage the stakeholder network landscape, and link it to relevant communication channel activities and roadmaps.
• Develop basic training material (e.g. quick reference cards), and coordinate and facilitate training conducted by third parties.
• Facilitate the development of and communicate the post-implementation support model for stakeholders.
• Prepare analytical change reports, identify goals and metrics, and make recommendations to guide, advise and influence decision-making throughout the change process, including post-implementation reviews.

Job requirements

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

• a Bachelor’s degree (NQF 7) in Human Science, Business or an equivalent qualification; and
• five to seven years of job-related change management experience.

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Detailed description 

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

• Organise self to ensure that the work allocated is completed within a set time and defined standards. 
• Perform routine and well-defined tasks under direct supervision, including with dining rooms set-ups, refreshment preparations, serving of guests/customers, setting up for tea pause areas, boardrooms and meeting rooms, and clearing of a buffet area.
• Record, open and close the inventory.
• Apply basic rules of courtesy when in contact with other employees and visitors to the South African Reserve Bank (SARB), displaying a strong service orientation at all times. 
• Engage with own team members in a manner that reflects a sound and effective working relationship. 
• Proactively understand the impact of output in own environment in relation to a wider service delivery context and proposition.
• Willingly and enthusiastically make useful and meaningful changes to the manner in which you (the candidate) work.

Job requirements

To be considered for this position, candidates must have:

• Grade 12 or an equivalent qualification;
• an NQF4 certificate in the handling of food and beverages would be an added advantage; and
• one to two years’ experience in a hospitality environment, specifically in the area of waitering. 

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Job Description

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

• Ensure the continuous improvement of the delivery and functioning of the Operations function within the Pensions Administration Section of the SARB, while staying within budget.
• Develop operational plans for the Operations function.
• Develop policies, procedures, processes, internal controls and system requirements for approval and ensure alignment thereto.
• Identify and mitigate risks related to the Operations function and ensure compliance with relevant governance frameworks.
• Manage the performance of staff and promote as well as support career management and development.
• Participate in various task teams and working groups on behalf of the SARB Retirement Fund and SARB as the Administrator of the SARB Retirement Fund.
• Perform the final authorisation of payments, accounting transactions and data captured by team members, ensuring accuracy, completeness and timely delivery.
• Perform the final authorisation of pension administration operations processes as well as related submissions as per legislative requirements to ensure accuracy, completeness and timely delivery.
• Provide integrated management information reports to support decision-making.
• Lead and participate in engagements with relevant stakeholders and clients within the SARB Retirement Fund and SARB departments, as well as external parties.

Qualifications

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

• an Honours’ degree in Financial Management (NQF 8) or an equivalent qualification in a related field;
• eight to 10 years’ experience in pension fund administration; and
• three to five years’ experience in leading teams.

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Job Description

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

• Ensure the continuous improvement of the delivery and functioning of the Accounting and Reporting function within the Pensions Administration Section of the SARB, while staying within budget.
• Develop operational plans for the Accounting and Reporting function. 
• Develop policies, procedures, processes, internal controls and system requirements for approval and ensure alignment thereto.
• Identify and mitigate risks related to the Accounting and Reporting function and ensure compliance with relevant governance frameworks.
• Manage the performance of staff and promote as well as support career management and development.
• Participate in various task teams and working groups on behalf of the SARB Retirement Fund and SARB as Administrator of the SARB Retirement Fund.
• Perform the final authorisation of payments, accounting transactions and data captured by team members, ensuring accuracy, completeness and timely delivery.
• Perform the final authorisation of pension administration accounting processes as well as related submissions as per legislative requirements to ensure accuracy, completeness and timely delivery.
• Provide integrated management information reports to support decision-making.
• Lead and participate in engagements with relevant stakeholders and clients within the SARB Retirement Fund and SARB departments, as well as external parties.

Qualifications

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

• a Chartered Accountant (SA) qualification (NQF 8);
• eight to 10 years’ experience in pension fund administration; and
• three to five years’ experience in leading teams.

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Job Description

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

• Enhance systems integration between the Human Resources Department and the Payroll Section, ensuring timely, accurate and complete payroll information.
• Analyse business requirements (payroll) and gap analysis to ensure that comprehensive testing can be performed.
• Compile test plans, test approaches, test scenarios and test cases to ensure a structured approach during testing.
• Compile user manuals and conduct end user training.
• Review and prepare business processes and procedures, analyse business needs and associated data, identify and assess possible solutions as well as define the associated requirements.
• Report on progress for all testing efforts, results and activities to support the final approval for implementation of the solution.
• Engage and collaborate with relevant stakeholders in analysing business needs and testing new requirements to ensure efficient payroll processes.
• Assess the impact on business due to system changes initiated by external factors, from within or outside the South African Reserve Bank (SARB), and make recommendations and implement system changes.
• Provide post-deployment support for solutions tested to ensure seamless implementation.
• Review and perform first-level authorisation of the monthly payroll parameter audit reports for accuracy, correctness and validity.
• Manage and supervise end-to-end testing of payroll system patches.
• Review and perform first-level authorisation of the monthly statutory payments to the South African Revenue Service (SARS).
• Prepare and submit the biannual payroll tax reconciliations (August and February) to SARS.

Qualifications

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

• a Bachelor’s degree in Accounting, Business Analysis or Information Technology (NQF 7), or an equivalent qualification in a related field;
• three to five years’ experience within a financial system environment; and
• experience in the Human Capital Management (HCM) system or the Enterprise Resource Planning (ERP) payroll systems will be an added advantage.

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

• Plan, develop and manage awareness campaigns on new and current banknotes and coin, including their security features and counterfeiting trends, in collaboration with the Communications Division.
• Develop a coordinated currency public education plan for traditional, digital and social media channels.
• Coordinate all external training, education and awareness activities to the industry and the retail sector, in partnership with the Communications Division.
• Develop a currency stakeholder engagement plan for informed stakeholders, the public and SARB Group employees, in partnership with the Communications Division.
• Coordinate the protection and maintenance of currency intellectual property (IP).
• Manage correspondence with the public on currency-related queries, in conjunction with the Communications Division. 
• Provide administrative support associated with currency integrity.
• Develop currency training requirements and formulate an execution plan to ensure successful implementation.
• Integrate, align and coordinate the currency public education plan with other SARB communication campaigns.
• Stay up to date with emerging trends and standards related to public awareness campaigns and recommend potential opportunities to explore.

Qualifications

• a Bachelor’s degree (NQF 7) in Communications or an equivalent qualification; and
• a minimum of five to eight years of job-related experience in a public relations environment.

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

• Provide strategic input into the long-term cash operations and policy requirements of the cash supply chain.
• Develop, maintain and continuously improve a sustainable cash operations framework to ensure optimal functionality of specialised equipment and the implementation of fit-for purpose designs and layouts at the South African Reserve Bank’s (SARB) cash centres.
• Analyse cash supply chain networks to optimise their effectiveness.
• Act as the lead business optimisation and subject matter expert, providing advice and guidance to shape the design and layout at the cash centres, route planning and depot best practices.
• Analyse the performance of cash supply chain standards, processes, procedures, technologies, systems and solutions, and recommend improvements to enhance production.
• Research, analyse and benchmark cash supply chain standards, processes, procedures, solutions and technologies, and recommend improvements to internal and external cash industry stakeholders.
• Align the proposed recommendations with local expertise and the availability of support for future maintenance of solutions and infrastructure currently operational at the SARB.
• Drive the optimisation and development of cash supply chain standards, processes, procedures, technologies, systems and solutions and provide input as a cash supply chain subject matter expert.
• Act as a subject matter expert in defining scope, requirements and specifications as well as in the selection of service providers.
• Facilitate, lead and drive the creation of business processes and the convergence of design and systems.
• Identify and mitigate risks and vulnerabilities in the cash supply chain, including and potential policy implications. 

Qualifications

• a minimum of a Bachelor’s degree in Industrial Engineering or an equivalent qualification; 
• a relevant Six Sigma Black Belt certification; and 
• a minimum of eight to 10 years’ experience in innovating supply chain operations.

The following would be an advantage:

• skills in providing consultation and advisory services on the implementation of cash operation systems. a minimum of eight to 10 years’ experience in innovating supply chain operations.

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Detailed description

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

• Manage and maintain the Governor’s calendar, including making logistical arrangements for appointments and travel commitments in coordination with relevant personnel.
• Receive, screen and respond to incoming telephone calls, using your own initiative and, where applicable, address queries and/or route calls to the appropriate individuals.
• Draft and edit correspondence, communications, presentations and other documents, and conduct basic research and analysis as needed for these tasks. 
• Maintain a contact database for the Governor’s office as well as a filing system in accordance with the SARB’s File Plan.
• Ensure that all incoming and outgoing correspondence (electronic email and other formats) is registered and filed in accordance with the SARB’s File Plan.
• Keep track of documents, maintain a registry and compile weekly reports for follow-ups.
• Collect and coordinate project-based and other information.
• Review operating practices in your area and implement improvements, as needed.
• Maintain positive internal and external relationships on behalf of the manager, engaging with staff and stakeholders at all levels of seniority.
• Perform daily responsibilities ethically and maintain complete confidentiality in all matters related to the managers’ offices.
• Serve on relevant divisional, departmental and/or SARB-wide project teams based on experience, skill and ability.
• Execute any other tasks as instructed by the manager, as required.

Qualifications

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

• a Matric certificate;
• a Secretarial Diploma or another relevant post-Matric qualification; and
• at least 6–8 years’ experience as a corporate personal assistant or working in an equivalent environment, with experience in supporting executives.

The following would be an advantage:

• a Bachelor’s degree (NQF 7).

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

• Conduct research and collect data for the development and improvement of banknotes and coin.
• Develop testing protocols for projects related to banknotes and coin.
• Participate in product testing, including functionality, performance and durability, to ensure that products meet the South African Reserve Bank’s (SARB) specifications and quality standards.
• Continually analyse, interpret and report on scientific information and data related to banknotes and coin to support decision-making and improvement processes.
• Contribute to the development of new or existing product management-related processes.
• Develop technical drawings and specifications to produce banknotes and coin.
• Participate in cross-functional team meetings to provide technical insights, recommendations and solutions to resolve quality and product issues.
• Identify opportunities for product innovation and enhancements for banknotes and coin.
• Perform administrative duties and participate in projects while ensuring compliance with relevant guidelines, standards and policies.
• Manage the preservation of banknote and coin assets through inventory management and ensuring secure storage. 
• Promptly attend to product-related queries.
• Build and maintain stakeholder relationships to uphold and enhance the integrity of banknotes and coin.

Qualifications

• an Honours or four-year degree in Chemistry, Material Science, Chemical Engineering or an equivalent qualification; and
• five to eight years’ experience in product management or research.

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

• Conduct research on domestic and international currency developments that may impact the currency management environment. 
• Maintain a comprehensive, updated and accurate database of relevant information.
• Analyse data and compile thorough, concise and comprehensive reports on research findings and their implications for currency management.
• Review, update and improve database structures on a regular basis to ensure all data are properly captured.
• Synthesise research and data to develop a view of trends, present findings to all relevant stakeholders, and engage divisional heads and senior managers to inform currency management processes.
• Leverage research insights to identify emerging risks and opportunities within the currency value chain and propose strategic initiatives to enhance resilience, efficiency and accessibility of currency.
• Develop and draft internal currency policies and frameworks aligned with the SARB Policy Framework, ensuring compliance and consistency across the currency value chain.
• Review, update and enhance existing currency-related policies to reflect evolving industry standards, regulatory requirements and best practices.
• Monitor and evaluate the effectiveness of implemented currency policies, recommending adjustments to strengthen governance and operational efficiency.
• Collaborate with stakeholders across departments to ensure policy integration and alignment with strategic objectives and regulatory mandates.

Qualifications

• a minimum of an Honours degree (NQF 8) in Economics or Research, or an equivalent qualification; and 
• a minimum of eight to 10 years’ experience in a research environment or related job experience.

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Detailed description

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

• Research and recommend emerging and fit-for-purpose infrastructure (servers, mainframe, storage, etc.) solutions and participate in the procurement of such solutions aligned to the business strategy.
• Define and evolve the SARB Group's cloud architecture in alignment with the to-be architecture.
• Plan and develop cloud architecture blueprints and roadmaps for cloud solutions in alignment with industry best practices and standards.
• Oversee the implementation of cloud infrastructure designs and ensure alignment with industry best practices and standards.
• Provide expert guidance on cloud adoption and cloud cost management strategies.
• Oversee the management of the cloud technology life cycle.
• Lead the design of cloud native solutions.
• Implement and maintain the governance and security model for the cloud as developed by the Cyber and Information Security Unit.
• Develop, maintain and document technical standards, procedures, user guides, standard operating procedures (SOPs), instructional documents and so forth relating to the cloud infrastructure solutions.
• Collaborate and engage with internal and external stakeholders to ensure the functionality of the deployed cloud infrastructure solutions and technologies.
• Identify, address and remediate risks in the cloud environment as identified by auditors and governance-related assessments.
• Stay abreast of new developments in cloud architectures and technologies.
• Provide cloud architectural expertise as part of information and communications technology (ICT) infrastructure projects and participate in other SARB Group projects to contribute towards business objectives.
• Take responsibility for infrastructure capacity planning, disaster recovery and resource allocation to ensure optimal performance, continuity and scalability.

Job requirements

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

• a minimum of a Honours degree (NQF 8) in IT, computer science or an equivalent qualification;
• TOGAF certification;
• ITIL v3/4 and COBIT 2019 will be an added advantage;
• AWS Certified Solutions Architect;
• Microsoft Certified: Azure Solutions Architect;
• VMware Certified Professional (VCP) will be an added advantage;
• Certified Cloud Security Professional (CCSP) will be an added advantage; and 
• a minimum of 8–10 years’ experience in cloud infrastructure architecture with a strong track record of designing and implementing cloud infrastructure solutions in enterprise organisations.

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

• Plan and prioritise work for self and team members, using guidance from the Strategic Sourcing Manager and applying personal judgement, as appropriate.
• Ensure adherence to controls and that all work complies with established processes, rules, policies and regulations. 
• Oversee and conduct sourcing of goods and services, including market research, preparation of Request for X (RFX) procurement-related documentation, bid evaluations, commercial negotiations, supplier award recommendations and preparing and presenting submissions to relevant committees 
• Supervise sourcing activities for the Corporate Services category in line with the Procurement Policy and general administrative processes, ensuring validity, timeliness, accuracy and completeness. 
• Review and authorise RFXs and supplier award recommendations within delegated authority. 
• Collate and analyse spend data for goods and services within the Corporate Services category to develop demand plans, support resource planning and assist with category strategy development, process improvements and management reporting. 
• Analyse and compile management information relating to the Corporate Services category for reporting purposes. 
• Manage relationships within the Corporate Services category and lead or participate in stakeholder engagements, both internally and externally. 
• Participate actively in initiatives aimed at continuously improving departmental systems, processes and procedures. 
• Proactively increase knowledge and skills within the functional area and apply learnings as appropriate. 
• Manage team performance and development, providing ongoing training and long-term career management support. 
• Collaborate with other procurement sections to ensure operational alignment in driving the overall strategy. 

Qualifications

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

• at least a B Degree in Commerce, Supply Chain or an equivalent qualification in a related field; 
• a minimum of 7‒8 years’ experience in procurement or sourcing, of which at least 3 years in a supervisory role; and
• a Chartered Accountant (SA) (NQF 8) qualification or Chartered Institute of Purchasing and Supply (CIPS) certification will be an advantage. 

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

• Provide leadership for the infrastructure and functional software function to ensure configurations meet business specifications and standards during the design and build phase. 
• Lead and empower the team, ensuring they have the necessary support, guidance and resources to perform their duties effectively.
• Foster a culture of continuous improvement, skills development and team collaboration. 
• Lead the infrastructure and software application function to ensure delivery according to the security objectives of the South African Reserve Bank (SARB). 
• Develop and ensure the implementation of governance processes for the infrastructure and software application function to ensure consistent operational efficiency and reliability. 
• Oversee the identification and mitigation of risks associated with infrastructure and functional software during the design and build phase to ensure that physical security systems across the SARB Group are functional and meet business requirements. 
• Lead the development of the Genetec system, ensuring that it is reliable, efficient and secure to meet the needs of the organisation. 
• Identify, interpret and integrate external information sources to enrichment threat intelligence. 
• Manage technical and functional configuration expertise to software developers, network engineers and other technical stakeholders to ensure that all components of the system are developed and built according to plan. 
• Identify and implement opportunities for consolidation and enhancement to ensure cost-effective and optimal use of Genetec resources and technology. 
• Manage the Genetec security platform, including regular system updates, patches and upgrades to ensure its optimal performance, availability and security. 
• Analyse technical information to inform the research, design and build life cycle to ensure a fit-for-purpose solution. 
• Research and stay abreast of new and evolving Genetec architectures and technologies and liaise with vendors for product and technology reviews. 

Qualifications

To be considered for this position, candidates must have:

• an Honours degree (NQF level 8) in Information Technology, Security Systems Management or Electronic Security Systems, or an equivalent qualification; 
• a Genetec Engineer certification; 
• a minimum of eight to 10 years of experience within a physical electronic security systems analysis environment or application support environment with a strong focus on technical and functional security systems, with at least two to three years in a managerial or leadership capacity; 
• the ability to identify, assess and mitigate risks associated with electronic security systems, including potential system failures, data breaches and other security incidents requiring constant vigilance and strategic planning; 
• the ability to prepare for and manage crises that may impact the security infrastructure and require robust contingency planning; and
• the ability to lead effectively under pressure.