Hot Jobs at South African Reserve Bank

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

• Define and document reference and master data requirements, business rules, measurements and metrics for data domains to create an authoritative source of truth for critical business information to enable effective decision-making and operational effectiveness.
• Define and manage master data relationships, hierarchies and structures to enable integrated entity views and support advanced analytics.
• Implement standards, guidelines, processes and procedures for reference and master data within the SARB Group.
• Define and implement business rules for data matching and merging to create a single version of the truth.
• Create, maintain, manage and integrate a reference and master data environment that supports the standardisation of business information.
• Monitor, measure, remediate and report on reference and master data quality metrics to ensure sustained data quality and identify areas of non-conformance.
• Develop, manage and maintain reference data and master data repositories for data domains across the SARB Group.
• Contribute to the development of reference and master data standards, frameworks and standard operating procedures.
• Implement appropriate governance controls to maintain and manage reference and master data effectively.
• Develop and manage stakeholder relationships to promote reference and master data management across the SARB Group.

Job requirements

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

• a Bachelor’s degree in Computer Engineering, Computer Science or Management Information Systems, or an equivalent qualification in a related field; 
• at least five to seven years’ experience in the field of reference and master data management; and
• a relevant reference and master data certification (e.g. CDMP Practitioner) would be an added advantage.

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

• Collect, integrate, analyse and disseminate internal and external strategy management data from various sources, including general environmental trends, central banking trends, financial sector ecosystem trends as well as internal business and project performance to support evidence-based decision-making.
• Conceptualise, develop and apply advanced analytical methodologies (e.g. statistical analysis, data visualisation techniques, predictive modelling, artificial intelligence (AI)-enabled capabilities) to provide proactive and actionable strategy intelligence and insights for the SARB. 
• Develop, maintain and apply quantitative models, early warning indicators, forecasting methodologies and scenario analysis capabilities to support proactive monitoring and strategic planning. 
• Monitor, measure and report on analytical results to ensure appropriate business recommendations and insights.
• Design, implement and manage the analytical infrastructure (e.g. frameworks, algorithms, models, tools and systems) required to support insight generation, information management, advanced analytics and knowledge transfer within the Strategy Management Office (SMO) and the business. 
• Collaborate with SMO functional leads to provide strategic insights and analytical support that inform strategic decision-making for their stakeholders.
• Maintain the quality, integrity and governance of key SMO strategic data sets, analytical models, reports and metrics, and ensure that this information is stored and managed in a central repository. 
• Research and benchmark advanced analytics, strategic intelligence and related practices in peer organisations and similar industries to support continuous improvement.
• Collaborate with the SARB Advanced Analytics function to ensure alignment and knowledge-sharing as well as the effective application of advanced analytics practices, processes, methods, tools and techniques.

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

• a minimum of an Honours degree in Economics, Mathematics, Statistics or Computer Science, or an equivalent qualification;
• a relevant data analytics or visualisation certification; and
• a minimum of seven to eight years of experience in analytics and strategic reporting.

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

• Contribute to the development and execution of the departmental and NPS strategy, including (but not limited to) and NPS Vision.
• Monitor the  processing and granting of licensing applications (designations, registrations, licensing and authorisations). 
• Lead on arrangements with Business Systems and Technology Department to establish an all-encompassing licensing system, and 
• Review, propose and recommend for approval of licensing, authorisation, designations, registration etc frameworks , including amendments,  of payment institutions, including operators and schemes, including amendments.
• Review requests from entities, participants, members of operators and schemes and /or their participants or members intending to exit the NPS and provide recommendations for the Divisional Head’s consideration and approval.
• Manage the process of and recommend for approval the variations, suspensions and the withdrawal of licences. 
• Contribute to the process of curatorship, winding-down and resolution of non-systemically important payment institutions, including contributing to the process of recovery and/or resolving systemically important payment institutions.
• Ensure the effective operation and administration of the Licensing Committee, including (but not limited to) the facilitation of meetings and the provision of inputs into the agenda.
• Ensure that licensing-related and other relevant documentation is effectively stored and retrieved as per the South African Reserve Bank’s (SARB) record management policies, frameworks and guidelines. 
• Provide input into requests from operators of the payment, clearing or settlement systems or payment institutions to operate or conduct payment activities in 2-another jurisdiction, and provide recommendations for the Divisional Head’s consideration and approval. 
• Review the internal and external comments received from stakeholders on licensing and authorisation frameworks and related matters.
• Provide input into the drafting, issuance and/or amendments of policy and regulatory documents, including (but not limited to) standards, directives, policy papers, consultation papers, explanatory memos, notices and guidance notes.
• Review and provide input into licensing and authorisation legislation as well as the frameworks of other regulatory authorities, standards and reports derived from international standard-setting bodies, regional and domestic regulatory authorities.
• Monitor and keep abreast of licensing and authorisation developments and best practice.
• Ensure that the licensing and authorisation framework complies with relevant international standards and practices.
• Provide guidance and input into new payment methods, payment providers, innovation and developments in the NPS.
• Build relationships and engage with internal and external stakeholders on NPS developments. 
• Develop and oversee the completion of surveys in order to obtain inputs and feedback from stakeholders on licensing and authorisation matters.
• Generate and share knowledge with internal and external stakeholders, and contribute towards training, capacity-building and the education of stakeholders, including consumers.
• Represent the SARB as well as the, Licensing and Authorisation Unit  in industry and stakeholder meetings as well as on domestic, regional and international standard-setting bodies, committees, structures and forums. 
• Collect and analyse data relating to licensing and authorisation matters.
• Assist in ensuring that any risks within Licensing and Authorisation Unit are identified, assessed and mitigated. 
• Manage the performance of the analysts in the function by providing technical assistance as well as coaching and mentoring them in executing their daily tasks (when required).

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Accounting, Commerce, Economics,  Finance or Law, or an equivalent qualification;
• the minimum of 8–10 years’ experience in a payments or financial markets environment; and 
• the minimum of 3 years’ experience in managing, supervising or leading a team.

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

• Provide input regarding the issuing and/or amending of interoperable, operator and scheme rules.
• Review and process the applications for exemptions and other legislative, regulatory and rules approvals.
• Assist with the development of an anti-money laundering/combating the financing of terrorism/combating the financing of proliferation (AML/CFT/CFP) strategy, policies and regulatory framework and rules.
• Review the internal and external comments received from stakeholders on draft rules.
• Conduct research to keep abreast of developments and best practice in national payment system (NPS)-impacting rules.
• Provide input into NPS and other relevant policy, regulatory, licensing, supervisory and oversight frameworks.
• Provide input into requests from operators of the payment, clearing or settlement system to operate in another jurisdiction, and provide recommendations.
• Provide input into new payment methods, innovation and developments in the NPS.
• Build relationships and engage with internal and external stakeholders on NPS developments.
• Assist with the drafting and completion of surveys in order to obtain inputs and feedback from stakeholders on payments-related policy and regulatory matters.
• Participate in the facilitation of training, capacity-building and the education of stakeholders, including consumers.
• Collect and analyse data impacting the interoperable, operator and scheme rules.
• Contribute to projects and attend to ad hoc tasks and responsibilities as per requirements.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Accounting, Commerce, Economics, Finance or Law, or an equivalent qualification; and
• the minimum of 2–5 years’ experience in a payments or financial markets environment, including rule-making and regulatory approval processes.

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

• Contribute to the development and execution of the department and NPS strategy (e.g. NPS Vision).
• Review and process licensing (designations, registrations, authorisations and licensing) applications. 
• Review and provide input to licensing and authorisation legislation and frameworks of the SARB and other regulatory authorities, standards and reports derived from international standard setting bodies as well as regional and domestic regulatory authorities.
• Contribute to the development of anti-money laundering (AML)/combating the financing of terrorism (CFT) and combating the financing of proliferation (CFP) strategy, policies and regulatory framework. 
• Review exit requests from/for payment institutions, participants, members of schemes and operators within the NPS and provide recommendations. 
• Review and process variations, suspensions and withdrawal of licenses. 
• Assist with the process of curatorship, winding down and resolution of non-systemically important payment institutions, including contributing to the process of recovery and/or resolving systemically important payment institutions.
• Contribute to the effective operation and administration of the licensing committee, including but not limited to the facilitation of meetings, providing inputs into the agenda.
• Effectively store, retrieve and maintain licensing and other relevant documentation as per the South African Reserve Bank’s (SARB) record management policies, frameworks and guidelines. 
• Provide input into the requests from operators of payment, clearing or settlement system to operate in another jurisdiction.
• Review stakeholders’ comments on licensing and authorisation frameworks and related matters.
• Monitor and identify payments policy, regulatory and legislative developments, both internationally and domestically.
• Provide input into the drafting, issuance and/or amendments of policy and regulatory documents (e.g. standards, directives, policy papers, consultation papers, explanatory memos, notices and guidance notes), particularly relevant to 
• Conduct research to keep abreast of licensing and authorisation developments and best practices.
• Ensure that the licensing and authorisation framework complies with relevant international standards and practices.
• Provide guidance and input in new payment methods, innovation and developments in the NPS.
• Build relationships and engage with both internal and external stakeholders.
• Draft surveys to obtain inputs and feedback from stakeholders on licensing, authorisation, registrations, designations, etc. Matters.
• Generate and share knowledge with stakeholders and contribute to training, capacity building and education of stakeholders, including consumers.
• Represent the SARB and the division in the industry and stakeholder meetings and/or on international, domestic, regional and standard setting bodies, committees, structures and forums. 
• Collect and analyse data relating to licensing and authorisation matters.
• Assist with identifying, assessing and mitigating risks within the Licensing and Authorisations Unit of the Policy, Regulation, and Licensing Division 
• Contribute to projects and attend to ad hoc tasks and responsibilities as per requirements.

Qualifications

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

• an Honours (NQF 8) degree in Commerce, Law, Finance, Accounting, Economics or an equivalent qualification; and 
• five to eight years’ experience in the licensing, authorisation, designation, registration of institutions in the payment system, financial services sector or related sectors.  

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

• Review and process licensing applications (designations, registrations, licensing and authorisations).
• Review and provide initial input into licensing and authorisation legislation and frameworks of the SARB well as the frameworks of other regulatory authorities, standards and reports derived from international standard-setting bodies, regional and domestic regulatory authorities.
• Contribute to the reviewing and processing variations, suspensions and the withdrawal of licences.
• Support the review of the internal and external comments received from stakeholders on licensing and authorisation frameworks and related matters.
• Conduct research on licensing and authorisation developments and best practice.
• Assist with the process of developing an anti-money laundering/combating the financing of terrorism/combating the financing of proliferation (AML/CFT/CFP) strategy, policies and regulatory framework.
• Provide input into new payment methods, innovation and developments in the NPS.
• Build relationships and engage with internal and external stakeholders.
• Assist in drafting documents on licensing and authorisation matters.
• Contribute to the drafting, issuance and/or amendments of policy and regulatory documents, including (but not limited to) standards, directives, policy papers, consultation papers, explanatory memos, notices and guidance notes
• Collect and analyse data relating to licensing and authorisation matters.
• Assist with identifying, assessing and mitigating any risks within the Licensing and Authorisation Unit in the Policy, Regulation and Licensing Division.
• Assist with the drafting and completion of surveys in order to obtain inputs and feedback from stakeholders on payment policy and regulatory matters.
• Contribute to projects and attend to ad hoc tasks and responsibilities as per requirements.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Accounting, Commerce, Economics, Finance or Law, or an equivalent qualification; and
• the minimum of 2–5 years’ experience in the licensing, authorisation, designation, registration of institutions in the payment system, financial services sector or related sectors. a payments or financial markets environment.

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

• Provide administrative support and facilitate the lease application and lease agreement processes.
• Capture and maintain property data on the Facilities Management System (FMS).
• Conduct general document management and ensure accuracy of information and ease of access thereof.
• Provide administrative support for the utility management, which includes municipal rates and taxes of all the SARB and leased properties.
• Conduct housekeeping and home improvement inspections on behalf of the SARB.
• Take responsibility for employee/visitors parking management as well as contract administration for parking in the SARB.
• Perform general office administration and participate in day-to-day operations of the office facilities division.
• Work independently as well as manage own performance and learning needs.
• Display a service orientation and manage stakeholder relationships with property owners, service providers and tenants.
• Comply with the Bank’s policies, procedures and other legislative requirements, including the expected standards and procedures for effective completion of tasks.

Job requirements

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

• a National Diploma (NQF 6) in property-related qualification or equivalent; and
• a three to five years of experience in a property administration or general corporate administration environment. 

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Detailed description

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

• Design and develop data engineering standards, processes and frameworks to ensure optimised solutions and adherence to best practice.
• Develop, construct, test and maintain data pipeline architectures.
• Ensure interoperability of systems by designing and maintaining integration patterns (e.g. application programming interfaces), data exchange formats and integration protocols.
• Design and build data pipelines that are robust, modular, scalable, deployable, reproducible and versioned for data domains and business domains.
• Quality-assure data pipeline implementations to ensure adherence to data engineering frameworks and standards.
• Recommend ways to improve data reliability, efficiency and quality.
• Monitor and optimise domain-specific data pipelines to ensure reliable data availability and sustained performance over time.
• Develop and manage stakeholder relationships to promote data management across the organisation and support reliable decision-making and appropriate data usage.
• Maintain documentation for data pipelines, integration processes and interoperability standards.
• Manage data growth patterns to plan infrastructure needs, ensure compliance with retention frameworks and support responsible data-sharing.
• Enable and support the technical implementation of data management capabilities, including data governance, data quality, metadata management, master and reference data management, data architecture and data modelling, data security and privacy, data life cycle and retention management, data cataloguing and lineage, and analytics enablement.

Job requirements

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

• a Bachelor’s degree (NQF 7) in Computer Science, Engineering, Information Management, Mathematics or Technology, or an equivalent qualification;
• at least five to seven years’ experience in the field of data engineering; and
• a relevant data engineering certification (would be an added advantage).

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Detailed description

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

• Develop tactical strategies and related action plans for metadata.
• Develop and promote metadata awareness across the SARB Group to ensure the appropriate collection and usage of data.
• Create, maintain and integrate a metadata environment that enables the sharing and standardisation of business information.
• Maintain and support the metadata platform as well as facilitate enhancements to it.
• Define business terms and develop a business dictionary/glossary to create a common understanding of business terms for the SARB Group and its relevant stakeholders.
• Determine the usage and treatment of business terms in business operations and functions to create a common understanding.
• Develop controls for business terms to support reliable decision-making.
• Monitor, measure and report on metadata quality levels to ensure the correct information is captured.
• Enable the improvement of metadata capability by developing and training relevant stakeholders in all aspects of metadata (e.g. the maintenance of the business glossary).
• Play an oversight role in the remediation of metadata issues.
• Proactively broaden own knowledge of metadata and apply new knowledge, technologies and skills for the benefit of the SARB Group.
• Actively participate in processes that continually aim to improve metadata-related systems, processes and procedures.
• Develop and manage stakeholder relationships to promote metadata awareness across the SARB Group and to support reliable decision-making.
• Drive the automation of metadata management processes and functions. 

Job requirements

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

• a Bachelor’s degree in Computer Engineering, Computer Science or Management Information Systems, or an equivalent qualification in a related field;
• at least seven to eight years’ experience in the field of metadata management;
• experience in the financial sector would be a strong advantage; and
• a relevant data management certification (e.g. CDMP Associate).

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Detailed description

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

• Translate business problems into technical solutions, including data science models, software implications and scalability.
• Design and develop scalable AI/ML models based on business requirements.
• Verify the accuracy of incoming data by validating its sources and maintaining regular communication with data providers.
• Conduct experiments, including AI model research and development, evaluate algorithms and build prototypes. 
• Implement robust processes to ensure the ongoing quality and reliability of data used in analytics and reporting. 
• Build and maintain data pipelines for training and inference.
• Analyse large datasets to extract meaningful insights and features.
• Develop appropriate ML model performance metrics.
• Monitor and retrain models based on feedback and data drift.
• Conduct research and implement state-of-the-art algorithms and tools to identify advanced analytics trends in peer organisations and similar industries, and use these insights to support benchmarking activities, particularly for specific risk types, ensuring that practices remain competitive and aligned with industry standards.
• Deploy AI models to production using application programming interfaces (APIs), containers or cloud platforms.
• Stay abreast of legislative changes and developments in advanced analytics, and proactively suggest how these developments can be leveraged to enhance current practices and drive continuous improvement.

Job requirements

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

• a Bachelor’s degree in a mathematical science such as Statistics, Actuarial Science, Economics, Applied Mathematics, Informatics, Computer Science or a related analytical field, or an equivalent qualification;
• at least five to seven years’ experience in the field of data science or relevant analytics environment;
• financial sector experience (would be a strong advantage); and
• relevant data analytics (would be an added advantage).

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

• Plan, allocate and manage work for the Accounting team in the Pensions Administration Section.
• Supervise pension administration accounting processes in the Accounting team, ensuring adherence to retirement fund legislation, regulations, rules and relevant policies.
• Engage with relevant stakeholders at various levels of seniority within the SARB Retirement Fund and with external parties.
• Ensure adherence to controls and that work is performed independently within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines.
• Supervise and review the pension administration accounting processes, including reconciliations, processing of contributions received, investment/disinvestment instructions, daily unit pricing, retirement benefit counselling for new members and portfolio switches.
• Supervise and review the calculations, input and data captured by the team, ensuring accuracy, completeness and timely delivery.
• Proactively broaden knowledge of pension administration, displaying a willingness to make improvements in own work, including methods and practices.

Qualifications

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

• at least a Bachelor of Commerce degree (NQF 7) in Accounting or an equivalent qualification in a related field; and 
• at least two to four years of job-related experience in a financial services environment, specifically in pension fund accounting.

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

Job requirements

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

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

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Detailed description

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

• Lead and drive strategic and transformational projects and initiatives.
• Partner with business and provide IT-related advisory services in line with the strategy of the organisation.
• Demonstrate client departmental domain knowledge by ensuring high-level technology impact analysis is provided to business in the delivery of fit-for-purpose solutions.
• Maintain the demand process for new proposals and take overall responsibility for steering these proposals through the early phases of approval.
• Develop and enhance relationships with key business stakeholders, actively manage their expectations and monitor satisfaction levels.
• Address business demand by gathering high-level technology requirements, and own and maintain the demand/supply forecast.
• Provide input to demand planning and prioritisation, and ensure that the demand is in line with the agreed IT investment and operating plan.
• Identify demand conflicts, recommending appropriate escalation for resolution and balancing requests for new work with the existing workload.
• Manage a team of business analysts, directing their work in line with the strategic goals of the SARB to efficiently and effectively support the business demands.
• Fulfil the line management function in terms of staff development and performance.

Job requirements

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

• an Honour’s degree in Information Technology;
• eight to 10 years’ work experience in an IT environment, of which at least three years should be in people management.

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Job Description

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

• Implement and operationalise the Hub’s risk management, project risk management, compliance, ethics and business continuity policies and frameworks within the department.
• Implement and support the Spoke-level annual risk plan in alignment with the Hub’s annual plan.
• Schedule and coordinate the risk, compliance, ethics and BCM activities within the department to ensure timely execution of planned activities.
• Ensure Spoke processes, tools and templates are applied consistently, in line with the Risk Management and Compliance Department’s (RMCD) policies, frameworks and guidelines.
• Provide first-line guidance to departmental staff on the practical application of Hub policies and frameworks and assist with risk awareness, compliance and ethics campaigns within the department.
• Coordinate and support the facilitation of operational, project, compliance and ethics risk assessments, business impact analyses and BCM workshops.
• Capture risk information, actions and decisions during workshops and engagements, and maintain and update the departmental risk register and action plans.
• Compile Spoke-level risk, compliance, ethics and BCM reports using RMCD templates and coordinate the completion and maintenance of the Spoke ethics register.
• Perform basic quality checks on risk data, risk registers and reporting inputs before submitting them to the Spoke Governance structure and the Hub.
• Track progress on risk treatment actions, control improvements and management commitments, maintain action tracking logs and follow up with risk owners on overdue actions.
• Assist with preparing management and governance forum packs with accurate, up-to-date integrated risk management, project risk management, compliance, ethics and BCM information.
• Coordinate training logistics, attendance and onboarding support for new staff and reinforce day-to-day risk management practices within the Spoke.
• Educate and create awareness on integrated risk, project risk, compliance, ethics and BCM.
• Log non-compliance, ethics and risk incidents, and coordinate incident response and recovery.
• Act as the central point of contact between business, RMCD, cyber and physical security risk as well as manage communication and dissemination of risk-related information.
• Stay current with developments in risk and compliance, ensuring their application within the department.

Qualifications

To be considered for this position, candidates must have: 

• a minimum of a National Diploma (NQF 6) ‒ Compliance Management, Finance or Risk Management ‒ in Risk and Compliance or Audit, or an equivalent qualification in a related field; and
• at least two to five years’ experience in a risk, compliance, audit or related facilitation environment.

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Job Description

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

• Implement and operationalise the Hub’s risk management, project risk management, compliance, ethics and business continuity policies and frameworks within the department.
• Implement and support the Spoke-level annual risk plan in alignment with the Hub’s annual plan.
• Schedule and coordinate the risk, compliance, ethics and BCM activities within the department to ensure timely execution of planned activities.
• Ensure Spoke processes, tools and templates are applied consistently, in line with the Risk Management and Compliance Department’s (RMCD) policies, frameworks and guidelines.
• Provide first-line guidance to departmental staff on the practical application of Hub policies and frameworks and assist with risk awareness, compliance and ethics campaigns within the department.
• Coordinate and support the facilitation of operational, project, compliance and ethics risk assessments, business impact analyses and BCM workshops.
• Capture risk information, actions and decisions during workshops and engagements, and maintain and update the departmental risk register and action plans.
• Compile Spoke-level risk, compliance, ethics and BCM reports using RMCD templates and coordinate the completion and maintenance of the Spoke ethics register.
• Perform basic quality checks on risk data, risk registers and reporting inputs before submitting them to the Spoke Governance structure and the Hub.
• Track progress on risk treatment actions, control improvements and management commitments, maintain action tracking logs and follow up with risk owners on overdue actions.
• Assist with preparing management and governance forum packs with accurate, up-to-date integrated risk management, project risk management, compliance, ethics and BCM information.
• Coordinate training logistics, attendance and onboarding support for new staff and reinforce day-to-day risk management practices within the Spoke.
• Educate and create awareness on integrated risk, project risk, compliance, ethics and BCM.
• Log non-compliance, ethics and risk incidents, and coordinate incident response and recovery.
• Act as the central point of contact between business, RMCD, cyber and physical security risk as well as manage communication and dissemination of risk-related information.
• Stay current with developments in risk and compliance, ensuring their application within the department.

Qualifications

To be considered for this position, candidates must have: 

• a minimum of a National Diploma (NQF 6) ‒ Compliance Management, Finance or Risk Management ‒ in Risk and Compliance or Audit, or an equivalent qualification in a related field; and
• at least two to five years’ experience in a risk, compliance, audit or related facilitation environment.

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Job Description

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

• Implement and operationalise the Hub’s risk management, project risk management, compliance, ethics and business continuity policies and frameworks within the department.
• Implement and support the Spoke-level annual risk plan in alignment with the Hub’s annual plan.
• Schedule and coordinate the risk, compliance, ethics and BCM activities within the department to ensure timely execution of planned activities.
• Ensure Spoke processes, tools and templates are applied consistently, in line with the Risk Management and Compliance Department’s (RMCD) policies, frameworks and guidelines.
• Provide first-line guidance to departmental staff on the practical application of Hub policies and frameworks and assist with risk awareness, compliance and ethics campaigns within the department.
• Coordinate and support the facilitation of operational, project, compliance and ethics risk assessments, business impact analyses and BCM workshops.
• Capture risk information, actions and decisions during workshops and engagements, and maintain and update the departmental risk register and action plans.
• Compile Spoke-level risk, compliance, ethics and BCM reports using RMCD templates and coordinate the completion and maintenance of the Spoke ethics register.
• Perform basic quality checks on risk data, risk registers and reporting inputs before submitting them to the Spoke Governance structure and the Hub.
• Track progress on risk treatment actions, control improvements and management commitments, maintain action tracking logs and follow up with risk owners on overdue actions.
• Assist with preparing management and governance forum packs with accurate, up-to-date integrated risk management, project risk management, compliance, ethics and BCM information.
• Coordinate training logistics, attendance and onboarding support for new staff and reinforce day-to-day risk management practices within the Spoke.
• Educate and create awareness on integrated risk, project risk, compliance, ethics and BCM.
• Log non-compliance, ethics and risk incidents, and coordinate incident response and recovery.
• Act as the central point of contact between business, RMCD, cyber and physical security risk as well as manage communication and dissemination of risk-related information.
• Stay current with developments in risk and compliance, ensuring their application within the department.

Qualifications

To be considered for this position, candidates must have: 

• a minimum of a National Diploma (NQF 6) ‒ Compliance Management, Finance or Risk Management ‒ in Risk and Compliance or Audit, or an equivalent qualification in a related field; and
• at least two to five years’ experience in a risk, compliance, audit or related facilitation environment.

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Detailed description

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

• Perform regular system maintenance according to established procedures to ensure systems reliability and availability.
• Provide second-line support by troubleshooting and investigating user-reported incidents to maintain business continuity.
• Review application code from the supplier to ensure control and quality.
• Conduct unit testing for vendor or development teams to verify quality.
• Deploy application solutions provided by vendors or development teams, following set deployment procedures.
• Monitor system and integration components to ensure the continuous flow of transactions. 
• Apply security patches to applications and systems to prevent and resolve vulnerabilities.
• Participate in business continuity planning and information technology service continuity management  exercises.
• Adhere to change control processes in the implementation of system changes.

Job requirements

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

• a National Diploma (NQF 6) in Information and Communications Technology (ICT) or an equivalent qualification; and
• two to five years’ experience in an ICT applications support environment.

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

• Contribute to the development and execution of the departmental, divisional and national payment system (NPS) strategy, including (but not limited to) the  NPS Vision.
• Conduct research (including data collection), monitor and keep abreast of the payments landscape and best practice, and analyse and report on these in order to inform the development of strategy, policy, regulations, rules etc.
• Develop a governance framework for dispute resolution and appeals, and ensure effective and efficient process management.
• Contribute to the  processes for payment institution crisis and failure management, and ensure effective coordination and execution by the relevant divisions within the South African Reserve Bank (SARB).
• Review and provide input into licensing and authorisation legislation as well as the policy, regulatory and licensing frameworks of the division and other regulatory authorities, standards and reports derived from international standard-setting bodies as well as regional and domestic regulatory authorities.
• Collate the internal and external comments received from stakeholders on policy and regulatory matters.
• Provide input into an anti-money laundering/combating the financing of terrorism/combating the financing of proliferation (AML/CFT/CFP) strategy, policies and regulatory framework.
• Coordinate and provide input into external assessments, including (but not limited to) the Financial Sector Assessment Programme (FSAP), the Financial Action Task Force (FATF) as well as the Committee on Payments and Market Infrastructures (CPMI).
• Coordinate policy, regulatory and licensing  dialogues, and establish and operationalise the necessary committees.
• Review and assess whether the NPS regulatory framework complies with relevant international standards and practices.
• Provide guidance and input into new payment methods, innovation and developments in the NPS.
• Coordinate and provide input into financial technology (fintech)-related matters, including (but not limited to) Sandbox applications and the Regulatory Guidance Unit.
• Draft surveys in order to obtain inputs and feedback from stakeholders on payments-related policy and regulatory matters.
• Generate and share knowledge with internal and external stakeholders, and contribute towards training, capacity-building and the education of stakeholders, including consumers.
• Represent the SARB and the PRLD division in industry and stakeholder meetings as well as on international, regional and domestic standard-setting bodies, committees, structures and forums.
• Coordinate stakeholder engagements, and build relationships with internal and external stakeholders.
• Contribute to the Identification, assessment and mitigation of any strategic and operational risks related to NPS policy and regulatory matters, scheme and operator rules as well as licensing and authorisation.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Accounting, Commerce, Economics, Finance or Law, or an equivalent qualification; and
• the minimum of 5–8 years’ experience in a research, payments and/or financial markets environment.

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The successful candidatewill be responsible for the following key performance areas:

• Develop, enhance and oversee the learning and development strategy of the SARB. 
• Mature the SARB’s learning model, skills framework, learning philosophy and standards, in alignment with the SARB’s strategy.
• Oversee the research and development of current and future organisational learning capabilities required for enhanced organisational effectiveness, including digital learning solutions in support of the learning and development strategy within the SARB.
• Build leadership and management development strategies to develop the organisation’s leadership pipeline.
• Integrate and balance all stakeholders’ interests and align the internal and external learning value chains to ensure seamless integration with the business environment.
• Oversee the design and delivery of blended learning solutions and foster a culture of continuous learning.
• Ensure that learning and development is integrated effectively with other functions to enhance organisational performance
• Oversee the conceptualisation and implementation of systems to support the learning agenda. 
• Maintain presence in regional learning structures and offer thought leadership and tools for the central banks’ regional agenda.
• Manage the performance and development of direct reports and build a high-performance culture within the SARB Academy.
• Oversee the implementation of appropriate governance, risk management and compliance framework for the division.
• Direct the compilation of operational and capital budgets for the SARB Academy and ensure timeous availability of management reports for decision-making purposes.
• Provide integrated reporting for the division to support business decisions. 

Qualifications

To be considered for this position, candidates must have:

• a Master’s degree in Education, Business Administration or an equivalent NQF9 business-related qualification; and
• 10 to 12 years’ experience in a corporate learning and development environment, with a solid track record of senior and strategic management experience, with at least 6 years’ experience in managing a team.

The following will be an added advantage:

• a general management qualification.

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

• Control the access/egress of personnel and visitors through the electronic access control systems.
• Monitor the relevant security and other systems in the control room and react appropriately to situations that may arise (e.g. fire management system, lifts system, evacuation system, radio system and building maintenance system). 
• Handle routine security-related tasks and requests.
• Control the master keys.
• Monitor the closed-circuit television systems.
• Update security occurrences and incidents on the Cyber Incident and Investigation Management System (CiiMS). 
• Fulfil the normal duties of a security official, as and when required.
• Provide information to management for the purposes of decision-making.
• Proactively broaden knowledge of own functional area, displaying willingness to make improvements in the unit (including methods and practices).

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate/NQF Level 4 qualification; 
• two to five years’ experience in a security environment;
• a Basic Tactical Security Training (BTST) certificate;
• a competence certificate in handling firearms (9 mm pistol, semi-automatic rifle and shotgun);
• medical, physical and psychological fitness level that is commensurate with the inherent requirements of the position; 
• a Private Security Industry Regulatory Authority (PSIRA) Grade C certificate;
• a favourable security clearance; 
• sound knowledge and understanding of physical security, emergency management, electronic security systems and relevant legislation; and
• availability to work shifts (including weekends) and perform duties as required by operational circumstances
• A completed skills programme in control room operations will be an added advantage.

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Detailed description

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

• Develop, influence and maintain I&T operational resilience procedures, checklists, models, frameworks and templates that address third- and n-th party dependencies, concentration risks and geopolitical exposures in line with the SARB’s resilient policies, frameworks and relevant legislation.
• Facilitate and drive the implementation of the SARB’s I&T operational resilience framework.
• Provide subject-matter expertise to relevant entities and stakeholders to embed a business resilience culture and create adequate awareness.
• Analyse and understand the BSTD business environment and I&T ecosystem to guide the identification of resilience requirements, including risks related to supplier concentration, geopolitical instability and emerging technologies.
• Prepare and run strategic and operational resilience assessment workshops and compile workshop outcomes, including risk and opportunity treatment plans and strategies.
• Manage the implementation of I&T strategic and operational resilience treatment action plans and report on their progress and impact on risks to the Strategic and Operational Resilience Division (SORD) within the Risk Management and Compliance Department (RMCD) and relevant stakeholders.
• Coordinate and facilitate the process of validating, maintaining and reviewing business resilience capabilities across BSTD and I&T ecosystem throughout the SARB Group.
• Coordinate and facilitate the process of developing and implementing business resilience response strategies across BSTD, I&T operations and services or third- and n-th parties.
• Develop new I&T approaches, methods, analytical techniques, models and procedures to manage risk across BSTD and I&T ecosystem, in collaboration RMCD.
• Oversee coordination between business resilience and related integrated risk management, cyber and information technology resilience, crisis management and response activities while promoting an adaptive governance culture across BSTD and I&T ecosystem.
• Identify training needs, conduct and coordinate operational resilience training to develop skills and capabilities across BSTD.
• Research and benchmark against I&T resilience and risk management best practices and participate in related working groups to support SARB Group initiatives.
• Act as a business continuity management (BCM) coordinator for BSTD, participating in disaster recovery tests to ensure resilience of I&T operations.

Job requirements

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

• an Honours’ degree in Information & Technology Risk Management or any other relevant NQF 8 qualification; 
• ITIL/BCI certification;
• 8−10 years of experience in the relevant environment (BCM, IT and Risk).

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Job Description

• Develop and maintain supervisory frameworks through continuous benchmarking exercises and research to ensure that they conform to international best practice.
• Develop and execute a supervisory programme to plan and organise supervision activities for the section.
• Take responsibility for the continuous improvement of the supervision process and for the updating of any changes to supervisory methods and processes. 
• Identify areas of improvement and provide input into the development/amendment of relevant legislation, regulation and best practice standards.
• Supervise the NPS participants – including (but not limited to) financial market infrastructures, financial technology (fintech) entities, payment service providers (PSPs), systemically important financial institution (SIFIs) and systemically important payment institutions (SIPIs) – and make recommendations to ensure the soundness of an entity as well as compliance with relevant regulations, frameworks and participation criteria. 
• Lead briefings and make presentations to relevant internal and external stakeholders regarding supervision and supervisory findings and make recommendations on related matters. 
• Draft formal correspondence (e.g. directives, memorandums and letters) to NPS participants. 
• Act as a point of contact for identified high-risk supervised entities for matters relating to supervision.
• Lead with the creation and maintenance of the NPS supervisory universe, including (but not limited to) the National Payment System Act 78 of 1998, directives and frameworks.
• Produce relevant presentations and reports, integrating the inputs of other analysts while deepening and elaborating on these in order to create final reports for sharing with relevant stakeholders (as required).
• Train, share knowledge and create awareness for stakeholders on matters relating to supervision. 
• Lead and/or represent the South African Reserve Bank (SARB) at industry meetings, forums, working groups, committees etc.
• Initiate, conduct and participate in investigations, inspections and audits for the purposes of ensuring compliance and maintaining the safety and efficiency of the NPS. 
• Collect, collate, analyse and provide accurate and meaningful data and information to relevant stakeholders (as and when required).
• Manage the performance of the analysts in the function by providing them with technical assistance as well as coaching and mentoring them in executing their daily tasks (when required).

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Commerce, Economics, Finance, Risk Management or Accounting, or an equivalent qualification;
• the minimum of 8–10 years’ experience in the banking or financial sector, including evidence of managing deliverables in leading projects; and
• the minimum of 5 years’ experience in a payment system environment.