Hot Jobs at South African Reserve Bank

Detailed description

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

• Organise yourself to ensure that allocated work is completed within set timeframes and defined standards.
• Perform routine and well-defined tasks, such as general housekeeping duties which include cleaning, laundry, completing inventory forms, stocking of supplies and escalation of areas of concern.
• Prepare and serve food and beverages for residents and guests.
• Order food ingredients and cleaning consumables in a timely manner.
• Apply basic rules of courtesy when in contact with visitors to the Governor’s residence, always displaying a service-oriented attitude.
• Engage with fellow team members and stakeholders in a manner that reflects a sound and effective working relationship.
• Proactively understand the impact of your own output in a wider service delivery context at the Governor’s residence.
• Willingly and enthusiastically make useful and meaningful changes to your way of work.

Qualifications

Job requirements

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

• a Grade 12 certificate or an equivalent qualification; and
• a minimum of a year’s experience in the hospitality environment, specifically in executive housekeeping.

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Detailed description

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

• Provide technical expertise as input into cybersecurity capabilities and appropriate controls for departmental/group projects to contribute towards business objectives.
• Provide operational management support through effective reporting and dashboard creation where relevant.
• Design and deploy industry-aligned security solutions to meet business requirements.
• Use and maintain security technologies to identify potential security issues across technologies, solutions and applications within the SARB Group.
• Respond to minor security breaches by executing operational countermeasures, including making technical configuration changes. 
• Support the investigation and containment of major incidents using advanced information.
• Innovate, design and implement opportunities for improvements/enhancements, integration, consolidation and automation to ensure the cost-effective and optimal use of CSO technology and resources in support of protecting business solutions.
• Research and keep abreast of new and changing cybersecurity technologies and architectures.
• Scan the external threat landscape, identify vulnerabilities within SARB Group solutions and assist solution owners with remediation activities relating to ever-evolving cyber threats.
• Provide technical input into addressing audit findings, penetration tests, threat intelligence-based ethical red-teaming and other risk assessments.
• Work closely with the governance teams to develop policies, standards and a group cybersecurity strategy.
• Attend to service and incident requests and ensure the resolution thereof within agreed service level standards.

Qualifications

Job requirements

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

• a minimum of a Bachelor’s degree (NQF 7) in Information Technology or an equivalent qualification; and
• five to seven years’ job-related experience in a security operations environment and related systems (e.g. identity lifecycle management (joiner, mover, leaver), role-based access control, Java BeanShell scripting, PowerShell, JavaScript, application programming interfaces, JSON, OpenID Connect, OAuth 2.0, SAML authentication, Federations, just-in-time access, LDAP, business-to-business and business-to-consumer concepts and zero trust architecture).

The following would be an added advantage:

• relevant cybersecurity certifications, such as CompTIA Advanced Security Practitioner, and technology-specific certifications.

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Detailed description

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

• Develop, maintain and embed SARB Group compliance management frameworks, methodologies, processes and systems and embed related policies.
• Develop risk management quality criteria and perform quality reviews on risk management outcomes.
• Identify, collate, analyse and report on legislative developments to the SARB Group.
• Analyse and assess the impact of emerging compliance risks on the SARB Group and report thereon.
• Identify training needs, develop a training plan for compliance risk management and conduct related training.
• Facilitate priority 1 legislation compliance risk management processes in the SARB Group in accordance with the SARB Group Compliance Management Framework.
• Compile, coordinate and monitor the implementation of the Risk Management and Compliance Department (RMCD) compliance risk treatment action plans, and provide integrated reporting on compliance risk management outcomes and activities to the SARB Group’s executives and risk oversight committees.
• Lead the development of the organisation-wide and SARB Group regulatory universe in collaboration with stakeholders, and coordinate and embed compliance risk and continuous risk management across the SARB Group (key risk indicators, compliance risk incidents and emerging risks).
• Develop compliance and regulatory risk awareness campaigns to educate stakeholders, influence behaviour and promote a positive and proactive compliance risk management culture across the SARB Group.
• Analyse risk data and information on the various compliance risk management plans (cross-cutting) to identify trends, interconnectedness and commonalities, create compliance risk reporting, and derive reliable business intelligence/insights for management to enable decision-making. 
• Manage internal and external stakeholder relationships to manage compliance risks effectively.
• Research and benchmark leading compliance risk management processes and developments and propose improvement accordingly.
• Analyse and understand the SARB’s environment (internal and external) to support and guide the identification of compliance risks and opportunities to enable decision-making.
• Provide input on integrated risk management processes (i.e. policies, methodologies and frameworks).
• Monitor the implementation of the RMCD compliance risk treatment action plans, and report on their progress and impact on risks. 
• Drive a positive culture within the division and department.
• Manage the performance of team members and promote and support career management and development, where applicable.
• Oversee the integration of RMCD and other specialised risk areas.

Qualifications

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

• the minimum of an Honours degree (NQF 8) in Compliance Management, Risk Management, Auditing or an equivalent qualification; and 
• the minimum of 8–10 years of experience in the relevant environment (audit, information technology and risk) and at least three years’ supervisory experience.

The following would be an added advantage:

• Compliance Practitioner (SA) and Certified Anti-Money Laundering Specialists certification.

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

• Engage in the short-term planning and perform tasks against work plans as defined in conjunction with the supervisor.
• Perform work independently within established practices, given processes, rules and regulations, ensuring compliance with set standards, policies and other guidelines.
• Identify, evaluate and solve defined, routine and new problems within a familiar context.
• Perform general accounting duties and reconciliations in accordance with the accounting and SARB policies, relevant accounting standards and applicable legislation. 
• Prepare and provide information related to transactions within a defined context to relevant stakeholders.
• Perform general administrative tasks, including preparing payment instructions, data capturing and record-keeping, to ensure the smooth running of operations in FSD.
• Create and maintain consistent metadata in a manner that allows for a clear and unambiguous data element definition and meets legislative, quality and security requirements.
• Test any system changes for the core banking module (where required).
• Engage with the relevant stakeholders/clients within the SARB and external parties, displaying a service orientation in own work and the ability to handle basic queries and explain information fluently. 
• Proactively broaden own knowledge of the functional area, displaying a willingness to make improvements in own work (including methods and 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 minimum of a National Diploma in Accounting (NQF 6) or an equivalent qualification; and
• six months to two years’ working experience in a financial environment, specifically in accounting.

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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/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; and
• at least two to three years’ experience in a financial/insurance services environment, specifically in the area of insurance administration and anti-money laundering. 

The following would be an added advantage:

• a Bachelor of Commerce degree in Accounting or Risk Management.

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Detailed description

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

• Collect, compile and analyse IEA statistics and associated macroeconomic indicators, and share findings with senior management.
• Populate, process and manage data across all relevant economic indicators and disciplines within the IEA domain, maintaining a comprehensive and accurate database.
• Validate source data and check the accuracy of received and processed data, frequently liaising with data providers.
• Assist in departmental special projects.
• Conduct methodological research to improve the maturity and quality of relevant economic indicators.
• Reconcile input data and economic findings with other macroeconomic statistics using advanced business intelligence tools and applications.
• Monitor and analyse conditions affecting the economy by staying abreast of developments in the assigned domain.
• Apply appropriate methodological standards, guidelines and principles in line with international best practices.
• Stay informed of new research and statistical methodologies, considering their implications for the work area.
• Compile thorough, comprehensive and descriptive reports.
• Collaborate with external stakeholders and represent the SARB in professional settings.
• Prepare and deliver impactful briefings and presentations on research findings and economic analysis to internal and external stakeholders.

Qualifications

Job requirements

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

• an Honours degree in Economics, Statistics or a related field, with some accounting background;
• Two to five years’ experience in economic analysis, research and/or macroeconomics, microeconomics or financial economics;
• a proven track record of conducting and delivering high-quality economic analyses; and
• proficiency in Microsoft Office tools such as Word, Excel and PowerPoint, including the ability to use functions and formulas to organise, analyse and manipulate data.

The following would be an added advantage:

• familiarity with R statistical software and/or Python.

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Programme structure

Participants will be placed at the SARB’s Head Office in Pretoria, the SABN in Pretoria North, and the SARB’s cash centres located in Cape Town, Durban and Johannesburg. Participants will receive a work-based learning stipend for the duration of the programme.

Requirements

Participants will consist of the following groups:

• Artisan: learners from Further Education and Training Colleges with at least an N4 certificate requiring 36 months of practical work experience to obtain an occupational trade qualification or a trade test. The disciplines that will be considered are Electrical, Electronics, Mechanical, Plumbing, HVAC and Carpentry.
• Technician: learners from Universities of Technology with at least an S4 who require 12 months of practical work experience as a requirement to complete their national diplomas. The disciplines that will be considered are Electrical and Mechanical Engineering.

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Detailed description

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

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

Job requirements

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

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

The following would be an advantage:

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

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Detailed description

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

• Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following: 
• scrutinising the financial soundness of life insurers; 
• participation in on-site visits to life insurers; and 
• the consideration of internal model approvals.
• Scrutinise and check the compliance of submissions by life insurers’ actuaries.
• Assist in maintaining the statutory returns required by regulated entities.
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Maintain and upgrade databases.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

Qualifications

Job requirements

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

• have a relevant Postgraduate degree in Actuarial Science;
• be actively pursuing studies and ideally have passed or been exempted from all part A1 and part A2 subjects plus the A301 subject of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
• eight to ten years’ relevant working experience, preferably in the life insurance industry.

The following would be an added advantage:

• good communication (verbal and written) skills;
• ability to perform under pressure without compromising quality;
• ability to work independently and within a team;
• good interpersonal skills; and
• proactive problem-solving skills.

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Detailed description

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

• Understand institutions’ strategies and business models in the relevant environments to which the risk types relate. 
• Monitor the relevant industry’s exposure to the risk types.
• Monitor industry compliance with the regulations governing these risk types.
• Benchmark institutions’ risk management practices with respect to the risk types management best practice.
• Evaluate institutions’ internal models for the management of these risk types.
• Provide specialist input with regards to the risk types to front-line supervision and policy development.
• Develop analytical methods to analyse and interpret risk-based regulatory data submissions.
• Participate in capital/own fund requirement adequacy assessments.
• Contribute to risk-based meetings with representatives of institutions and their auditors.
• Conduct thematic reviews pertaining to the risk types.
• Inform RSD of the aggregate behaviour of banks pertaining to the risk types.
• Develop and maintain regulations and instructions governing the statutory requirements for the risk types. 
• Develop internal policies and processes for supervising the risk types.
• Participate in international and domestic forums related to the establishment of regulations pertaining to the risk types.
• Ensure widespread cognisance and understanding throughout the PA of the concepts and developments in the field of the risk types.

Job requirements

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

• a postgraduate degree (NQF 8) in Banking, Computer Science, Data Science, Economics, Finance, Mathematics or Statistics, or another relevant quantitatively focused postgraduate degree; and
• at least 5–8 years of applicable experience in the banking, insurance or financial regulatory sector in positions related to the risk types.
• Please note that preference will be given to candidates with financial mathematics or financial engineering postgraduate qualifications.

The following would be an added advantage: 

• being a Chartered Financial Analyst (CFA);
• being a Financial Risk Manager (FRM);
• having a Certificate in Quantitative Finance (CQF) or another appropriate industry-recognised certification; and/or
• having a Master of Business Administration (MBA) degree or another relevant Master’s-level (or higher) management-related degree.