Job Vacancies at South African Reserve Bank

Brief description

• The main purpose of this position is to financial administration support to the Inventory section within the South African Reserve Bank (SARB).

Detailed description

• The successful candidate will be responsible for, among other tasks, the following key performance areas:
• Engage in short term planning and perform tasks against work plans as defined in conjunction with team leader.
• Assist with financial/budgetary challenges, diagnose problems, choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context.
• Coordinate, compile and manage Hospitality Services budget.
• Administer the approved budget in terms of controlling expenditure and report variances to Management support.
• Monitor orders to ensure that expenditure is within the approved budget and in accordance with the Bank’s procurement procedures.
• Perform general accounting duties and reconciliations in accordance with accounting and SARB policies, relevant accounting standards and acts.
• Complete monthly profit and loss statement.
• Perform general administration, including preparation of payment instructions, data capturing and record keeping ensuring the smooth running of the inventory management.
• Keep abreast with information relating to factors that affect food inflation.
• Follow up on payment of suppliers/vendors according to the Bank’s processes.
• Collate and provide relevant management information for decision-making purposes to ensure complete and relevant information for Hospitality Services.
• Ensure compliance with procurement policy, budget guidelines and other relevant policies.
• Engage with stakeholders (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• A National Diploma (NQF 6) in Financial accounting OR equivalent ; and
• Three to fFve years’ experience in budget and financial support.

Additional requirements include:

• Resilience
• Service and stakeholder focus
• Planning and organising
• Learning focus
• Drive for results
• Problem solving and analysis
• Verbal and written communication
• Judgement and decision making

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Brief description

• The main purpose of this position is to provide an effective first-line response capability in security emergencies within the Johannesburg Cash Centre of the South African Reserve Bank (SARB).

Detailed description

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

• Identify and respond appropriately to emergencies and security incidents and contain physical security threats.
• Provide support in response to security emergencies, including during disasters.
• Provide tactical security support to executive protection mobile and static operations, as and when required.
• Provide initial medical assistance in the event of a medical emergency.
• Monitor and operate security systems and equipment.
• Engage with diverse stakeholders and ensure optimal protection services while maintaining professionalism, composure and courteousness at all times.
• Perform duties of a security official during non-emergency situations.
• Provide information to management for the purposes of decision-making.
• Proactively broaden knowledge of own functional area, displaying a willingness to make improvements in the division (including methods and practices).

Qualifications

To be considered for this position, candidates must have:

• a Grade 12 certificate/NQF Level 4 qualification;
• completed an Advanced Tactical Security Training course;
• two to five years’ experience in a tactical security environment;
• knowledge of physical security, static and mobile protection, emergency reaction/response, basic ambulance assistance, electronic security systems, firearm handling and crime scene management;
• a valid competency certificate for the use of firearms, including a 9 mm pistol, semi-automatic rifle and shotgun;
• a level of medical, physical and psychological fitness that aligns with the demands of the position;
• a Private Security Industry Regulatory Authority (PSIRA) Grade C certificate;
• a favourable security clearance;
• a valid Code 8 driver’s licence; and
• proficiency in Microsoft Office programs (MS Word, PowerPoint and Excel) as well as using the internet, enterprise resource planning (ERP) system, the Human Capital Management (HCM) Cloud Solution and email

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Brief description

• The main purpose of this position is to manage and enforce compliance with rules governing direct participation in the Southern African Development Community Real-time Gross Settlement (SADC-RTGS) system.

Detailed description

• The successful candidate will be responsible for the following key performance areas:
• Maintain and review the effectiveness of the constitution of the settlement rules and Credit Transfer with Immediate Settlement (CTIS) scheme, including the terms of reference of governance structures and committees.
• Coordinate relevant governance structures/forums for the management of settlement CTIS rules.
• Maintain rule, dispute and working group committee standards and processes.
• Coordinate the review of access criteria for participation in SADC-RTGS and of settlement and CTIS rules (the Beige Book).
• Coordinate the establishment and review of criteria for the onboarding of multi-currencies onto the SADC-RTGS and SADC-RTGS currencies participation.
• Conduct investigations into matters relating to possible non-compliance with settlement rules and standards and ensure that corrective action is implemented by the responsible stakeholder.
• Coordinate membership of the settlement scheme and CTIS, including application, registration, onboarding, contracting, participation and offboarding.
• Manage stakeholder engagements and relationships (internal and external) to support and enhance the sustainability and growth of SADC-RTGS participation, including marketing and creating awareness of participation in the system.
• Conduct activities in support of the SADC-RTGS operator on governance requirements, including ensuring alignment with regulation.
• Coordinate commentary and inputs on changes to all regulations and submit to the relevant stakeholder.
• Coordinate activities relating to rules management to ensure that adequate risk measures and standards are in place to safeguard the SADC-RTGS operations.
• Review and align settlement/scheme rules with new products or services introduced by the SADC-RTGS operator.
• Stay abreast of current developments to contribute to the strategy of the division and ensure the application thereof (e.g. changes to policies, rules and regulations, legislation and systems).
• Compile reports for review by management for governance, compliance, operational performance and decision-making purposes.

Qualifications

Job requirements

• To be considered for this position, candidates must be in possession of:
• a minimum of an Honours degree in Finance, Law or Risk Management; and
• five to eight years’ experience in a banking, payments, settlement, legal, compliance and risk management environment.
• Additional requirements include:
• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continual improvement;
• continued learning and/or professional development;

knowledge of:

• the National Payment System;
• payments and settlements;
• governance, risk and compliance management practices and standards;
• central banking;
• relevant legislation (e.g. the Office of Foreign Assets Control, Financial Action Task Force recommendations, exchange control regulations, the Financial Intelligence Centre Act 38 of 2001 and the Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of 2004);
• computer literacy skills;
• the ability to manage complexity and ambiguity;
• financial and business acumen;
• the ability to lead change;
• the ability to exercise sound judgment and decision-making;
• the ability to build and maintain relationships;
• conceptual thinking skills; and
• a drive for results.

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Job Description

The main purpose of this position is to plan, execute, perform and report on quality assurance reviews to ensure compliance against the Risk Standards and Methodology of the South African Reserve Bank (SARB), including ISO 31000, ISO 22301, ISO 37301, ISO 27001, TEI GACP, the IRM Sound Practice Guides, the King IV Report on Corporate Governance for South Africa, 2016™ (King IV Report™) ITIL and COBIT.

Detailed description

• The successful candidate will be responsible for the following key performance areas:
• Develop, review and maintain the quality assurance and improvement programme of the SARB to identify any non-compliance with the policies and/or procedures of the Risk Management and Compliance Department (RMCD) to identify opportunities for improvement.
• Perform quality assurance reviews on the deliverables of RMCD’s specialised suite of disciplines – including risk management, ethics, anti-money laundering (AML), compliance risk management, project risk management, combined assurance, business continuity management, SHEQ oversight, environment social governance (ESG) and climate risk – and report on the results thereof, also providing recommendations for corrective actions to be implemented by the appropriate party(-ies).
• Perform the annual maturity assessments of the SARB’s risk management, ethics, AML, compliance risk management, project risk management and combined assurance activities, and report on the results thereof, also providing recommendations for corrective actions to be implemented by the appropriate party(-ies).
• Track progress on agreed corrective actions and ensure that the matters receive the necessary attention through to finalisation.
• Conduct research/benchmarking activities on emerging issues and opportunities to keep current on any changes and emerging best practice of the profession from a professional practice and quality assurance perspective.
• Advise the risk delivery teams on the practical application and implementation of RMCD’s specialised suite of disciplines.
• Provide regular methodology training and updates to risk professionals across the risk and compliance function, including new recruits/joiners.
• Conduct RMCD’s annual internal quality assurance assessments against all the ISO 31000, ISO 22301 and ISO 27001 standards as well as the code of ethics to test conformance thereto.
• Contribute to the coordination of RMCD’s combined assurance activities in conjunction with the SARB’s Internal Audit Department.

Qualifications

Job requirements

• To be considered for this position, candidates must be in possession of:
• the minimum of a Bachelor’s degree (NQF 7) in Internal Auditing or Risk Management, or an equivalent qualification; and
• the minimum of 5–8 years of relevant work experience within an auditing or risk management environment, including quality assurance experience.

The following would be an added advantage:

• a quality assessor certification.

Additional requirements include:

• industry, organisational and business awareness, knowledge and skill;
• quality assurance knowledge and skill;
• continuous improvement knowledge and skill;
• continued learning and/or professional development knowledge and skill;
• risk management and compliance disciplines, principles, tools, methodologies, frameworks, policies and processes knowledge and skill;
• risk assessment and control design knowledge and skill;
• an understanding of information technology (IT) systems, risks and controls; and
• knowledge of technology-based audit techniques (data analytics).
• 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 competence and experience.