Job Openings at South African Reserved Bank

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

•        Analyse, process and finalise basic applications for approval, delivering work that meets the prescribed time and quality standards.
•        Assist in the planning of inspections and provide a written report on inspection findings for approval.
•        Assist in day-to-day administration, including record keeping and the compilation of schedules and inspection profiles, in support of operational efficiency within the division and own work.
•        Capture data and provide management information for decision-making purposes.
•        Perform work under limited supervision within established practices, processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in own area of expertise.
•        Engage with relevant internal stakeholders, displaying an ability to convey and explain information fluently.
•        Participate in ad hoc projects for the compilation of information to inform policy decisions.
•        Proactively broaden own knowledge of functional area and stay current with developments (e.g. changes to exchange control policies, rules and regulations), holding self and others accountable to adherence thereof.
•        Diagnose problems and choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context.

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

•        a Bachelor’s degree in Finance or an equivalent NQF 7 qualification; and
•        at least two to five years’ experience in the exchange control and/or banking environment.

Additional requirements include:

•        industry, organisational and business awareness, knowledge and skill;
•        business continuity planning knowledge and skill;
•        risk and compliance assessment knowledge and skill;
•        risk and compliance monitoring and reporting;
•        competence in Microsoft (MS) Office packages (e.g. MS Excel, MS Word and MS PowerPoint);
•        proficiency in verbal and written communication (including presentation and report-writing skills);
•        analysing and problem solving;
•        a learning focus;
•        a drive for results;
•        teamwork;
•        flexibility; and
•        a service and stakeholder focus.

How To Apply        

• All interested parties are invited to apply.

go to method of application »

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

•  Analyse, assess and evaluate financial, market and business information in order to report on market risks to facilitate informed decision making on the foreign exchange, gold and other fixed-income reserve portfolios of the SARB.
•  Prepare and coordinate daily, weekly, monthly, quarterly and annual risk reports, and provide analysis on the market risk measures and how they impact the SARB’s investments.
•  Develop and recommend strategies for market risk management of the SARB’s investment portfolios.
•  Conduct research on market risk developments and make recommendations based on the findings.
•  Assist in the conceptualising and building of market risk models for calculating market risks associated with the SARB’s portfolios and particular trades or strategies.
•  Contribute towards the formulation of market risk-related policies and ensure the implementation thereof.
•  Coordinate the deliverables of team members in the context of projects and reporting.
•  Participate in cross-functional activities for the alignment and harmonisation of risk-related information.
•  Develop and maintain business relationships with experts in the financial markets industry.
•  Create and maintain procedure manuals for operational purposes.
•  Provide guidance and mentorship to analysts in the division.
•  Maintain sound relationships with all stakeholders.

Job Requirements        
To be considered for this position, candidates must have:

•  a Bachelor’s degree in Investment Management, Risk Management, Finance, Accounting or a related field; and
•  a minimum of five years of work-related experience in market risk management and various aspects of financial markets

The following would be an added advantage:

•  an Honours degree in Investment Management, Risk Management, Finance, Accounting or a related field; or
•  a Chartered Financial Analyst (CFA), Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification; or project management skills.

Additional requirements include:

•  staying abreast of local and international industry developments and best practice in market risk management related to the asset management of fixed income;
•  being skilled in research methods, strategy formulation, project management and the theory of financial markets and instruments;
•  excellent knowledge of fixed-income instruments and derivatives traded on exchanges and over the counter;
•  proven quantitative and qualitative analysis skills, bank and broker financial statement analysis skills, and financial modelling techniques;
•  the ability to work in a team;
•  good interpersonal and conflict management skills as well as above-average analytical and conceptualisation abilities;
•  problem-solving skills;
•  attention to detail;
•  proficiency in English, both spoken and written;
•  good report-writing and presentation skills;
•  proficiency in Microsoft Office products; and
•  proven capacity to multitask, deliver results, and respond quickly and effectively to requests.

How To Apply        
 All interested parties are invited to apply.

Internal applicants MUST apply through the ERP system.

External applicants MUST apply online, via www.resbank.co.za.

 All the available vacancies will be visible.
 Please follow these links: WORK @ SARB > LATEST VACANCIES.
 Login: 
– Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or
– Already registered on our Job Site? > Already registered? > Login here.
 Select the ‘Date posted’ > ‘Last 3 weeks’ (in the drop-down menu).
 Select the appropriate IRC number to view the full advertisement.

Do not enclose copies of your identity document or qualification(s) with your application.

Shortlisted applicants will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process.

The closing date for applications is 9 February 2022. Late applications will not be considered.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.

go to method of application »

Detailed Description        
The successfulcandidate will be responsible for the following key performance areas:

Provide strategic direction to a team of analysts interms of ongoing supervisory oversight of allocated financial entities,including the operational alignment of supervisory programmes and targets.

Provide leadership within the Mutual Banks andCo-operatives Financial Institutions Supervision section of the PrudentialAuthority (PA) and support the relevant divisional head in achieving theoverall departmental objectives.

Provide technical assistance and guidance to a team ofanalysts.

Manage the team’s deliverables, including work plans,resource allocation and management, processes and systems, and change andinnovation.

Manage the team’s performance.

Manage talent, including the learning and developmentof team members and succession planning.

Contribute to the team’s compliance with thegovernance, risk management and information management policies and proceduresrelevant to the PA and the South African Reserve Bank (SARB).

Contribute to special projects within the PA.

Job Requirements        
To be considered forthis position, candidates must be in possession of:

• a post-graduate degree inFinance, Accounting, Banking or related field;
• eight years’ experience in thefinancial services or financial regulatory sector; and two years’ proven experienceof managing a team.

Additional requirementsinclude:

• an understanding of the BaselCore Principles for Banking Supervision;
• a working knowledge of thevarious pieces of legislation and related supervisory frameworks applicable tofinancial institutions registered in South Africa and related entities;
• an understanding of the keyissues and risks facing financial institutions registered in South Africa andrelated entities;
• knowledge and understanding ofgood corporate governance;
• knowledge of, and experiencein, the financial system, financial products and risk models and systems;
• fully conversant with theBasel framework at both theoretical and practical level;
• knowledge of relevant riskmanagement practices and standards;
• thoughtleadership;
• problem-solvingand analytical skills;
• financialand business acumen;
• peoplemanagement skills; and
• influencing,building and maintaining relationships.

How To Apply        
All interested partiesare invited to apply.

Internal applicant:Please note that internal applicants MUST apply through the ERP system. Applynow.

External applicant:External applicants MUST apply online, via www.resbank.co.za

All available vacancies willbe visible.

Please follow the links:Work@SARB>Current vacancies.

Login>

Is this your firstvisit to our Job Site?>Register today (Ensure that you include all yourskills and qualifications during the registration process.); OR

Already registered onour Job Site?>Already registered?>Login here

Date posted>Last 3 weeks (in the dropdown menu)

Select the appropriate IRC number to view the fulladvertisement.

Do not enclose copiesof your identity document or qualifications with your application.

Shortlisted applicantswill be subjected to a psychometric assessment, an appropriate reference checkand a security clearance as part of the selection process.

The closing date forapplications 14 February 2022. Late applications will not be considered.