Jobs Available at South African Reserve Bank

Detailed description

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

• Conduct security assessments – including code reviews, vulnerability scans and penetration testing – to identify and remediate security vulnerabilities.
• Collaborate with development teams to integrate security best practice into the system development life cycle, including threat modelling, secure coding and security testing.
• Design and implement applications security controls, frameworks and policies to protect against emerging threats.
• Identify security risks and vulnerabilities, analyse the impact thereof, and engage relevant stakeholders (e.g. governance bodies and product owners) on relevant security solutions, driving and monitoring the implementation thereof to mitigate and remediate security vulnerabilities.
• Participate in applications security audits through the provision of relevant information, and respond to and address security-related audit findings to reduce the SARB’s threat landscape and improve its applications security posture.
• Participate in information technology (IT) security projects as the applications security subject-matter expert, ensuring compliance with security standards during each stage of the project development life cycle.
• Engage with the larger security community to acquire new information and adopt new security capabilities within the SARB’s IT security environment.
• Participate in the evaluation and implementation of security tools and technologies, including static and dynamic code analysis, vulnerability scanning and confidentiality management.
• Stay up to date with the latest security trends, vulnerabilities and attack techniques, and proactively apply this knowledge to improve the SARB’s security practices.
• Implement the security major incident response procedures during a security breach by investigating, reporting and providing recommendations to ensure the continuous improvement of security measures and avoid recurrence.
• Develop training material and deliver applications security training to all key stakeholders (including developers, testers and business analysts) in support of applications and integration security awareness campaigns.
• Present periodic reports and analytics pertaining to the security landscape surrounding the designated business applications.

Qualifications

Job requirements

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

• a Bachelor’s degree in IT (NQF 7) or an equivalent qualification;
• a Certified Applications Security Engineer certification;
• a Certified Ethical Hacker certification; and
• at least 5–8 years’ experience in system development life cycle frameworks and solutions, of which at least 3 years in overall security governance best practice, frameworks and design, with hands-on experience with security tools such as DAST, SAST and SCA.

The following would be an added advantage:

• any additional security certifications, for example as a Certified Information Systems Security Professional, a Certified Secure Software Life Cycle Professional, an Offensive Security Certified Professional or a GIAC Web Application Penetration Tester.

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Detailed description

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

• Research, develop and maintain advanced analytics related to interest rate and foreign exchange markets. 
• Conduct research on various aspects relating to financial benchmarks and reference rate reforms.
• Provide thought leadership and contribute to position papers, presentations, speeches and other documentation prepared by the SARB Working Group, Market Practitioners Group (MPG) and other relevant bodies.
• Contribute to the formulation and execution of strategic initiatives of the unit and the Financial Markets Department.
• Lead the development and periodic review of interest rate benchmarks and the implementation of solutions for various calculation methodologies.
• Establish relevant data sources and lead the implementation of appropriate data collection models to enable the production of analytics.
• Oversee the benchmark determination process and enhance operating procedures and the control framework for benchmark administration.
• Collaborate with other financial market specialists, business analysts, data management specialists, integration specialists and software developers to design and implement infrastructure solutions.
• Prepare periodic operational reports to enable lead specialists, senior management and the Reference Rate Oversight Committee to exercise their oversight function on all aspects of benchmark administration.
• Leverage data and analytics to prepare reports aimed at enhancing the transparency of various segments of interest rate and foreign exchange markets.
• Build and maintain relationships with reporting institutions, market infrastructure providers, industry bodies and other relevant stakeholders.
• Contribute to the learning and development of junior specialists.
• Assist with committee administration. 
• Contribute to process improvement.
• Perform ad hoc tasks.

Qualifications

Job requirements 

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

• an Honours degree (NQF8) in Economics, Finance, Statistics, Data Science or an equivalent combination of education and job-related experience; and 
• at least 8 to 10 years’ work experience in financial markets. 

The following will be an added advantage:

• knowledge of financial markets products and the pricing thereof;
• knowledge of quantitative finance;
• proficient in Microsoft Office, R and/or Python; and
• proficient in data analysis. 

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Detailed description

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

• Engage in short-term planning.
• Perform fault-finding for mechanical sub-systems (wet services) by applying a set of modified techniques within a defined context.
• Conduct preventative and corrective maintenance in the mechanical sub-systems (wet services) and/or equipment and determine possible component failure to enhance system capability.
• Test all work and close off the assigned job cards on maintenance and project work.
• Interpret the work instructions and drawings relating to construction, alterations modifications, enhancement maintenance and operational projects.
• Apply statutory principles to comply with the safety, health and environmental requirements.
• Perform quality assurance on the work done by external service providers for adherence to industry requirements and report to the supervisor.
• Prepare and submit weekly reports using standard templates (job cards and non-conformance reports), highlighting the work completed and problem areas.
• Engage positively with clients and other stakeholders, including dealing with complaints and compliments.
• Address any gaps in your own performance of tasks and activities against the required standard(s).
• Do maintenance standby duties as and when required.

Qualifications

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

• a national trade test certificate in plumbing;
• an NQF5 or N4 technical qualification or an equivalent qualification; and
• three to five years’ experience in a technical trade environment as a plumber.

Additional requirements include:

working experience in:

• being conversant in the dynamics of high-rise and/or high-tech commercial office buildings;
• having working experience of maintaining various types of plumbing related components & systems regarding wet services;

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Detailed description

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

• Contribute to the compilation of divisional operational plans and take responsibility for the implementation and monitoring thereof.
• Manage and direct the development and maintenance of the Secure Systems Development Life Cycle procedures and standards based on the SARB environment and manage the implementation thereof, ensuring that the solutions are free from security vulnerabilities.
• Lead and manage the vulnerabilities threat process (threat modelling and risk assessments) in support of building an advanced security posture for the SARB.
• Address the application and integration security audit findings to reduce the SARB’s threat landscape and improve its application security posture.
• Lead and guide the security component of the information technology (IT) projects, upholding code reviews and ensuring compliance to security standards during each stage of the project development life cycle.
• Implement and manage application security tools (e.g. Static Application Security Testing, Dynamic Application Security Testing, Software Composition Analysis) to automate security testing and monitoring.
• Lead the response to application security incidents (in compliance with security major incident response procedures), including root cause analysis and remediation efforts.
• Develop and deliver the application and integration security awareness campaigns, oversee training to all key stakeholders (including developers, testers and business analysts) and improve secure coding practices across the SARB.
• Provide consolidated and integrated reports and analytics for various forums on the state of application and integration security, including metrics and key performance indicators.
• Identify and mitigate risks related to the application and integration security environment and ensure compliance with relevant governance frameworks.
• Keep abreast of best practices and development in the field of application and integration security and ensure continual improvement, while ensuring the SARB applications comply with relevant security standards and regulations (e.g. Open Worldwide Application Security Project, General Data Protection Regulation, Payment Card Industry Data Security Standard).
• Lead stakeholder engagements (internal and external), in support of the sound security posture in the SARB.
• Fulfil the line management function in relation to the development and performance of the team, providing guidance and leadership to development teams and security staff.

Qualifications

Job requirements

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

• an Honours degree in IT (NQF 8) or an equivalent qualification; 
• Certified Applications Security Engineer (CASE) certification;
• Certified Ethical Hacker (CEH) certification; and
• eight to ten years’ experience in an IT environment, including secure software development life cycle framework and solutions, of which at least five years are in overall security governance best practices frameworks; and
• proven experience in secure coding practices, threat modelling and vulnerability management.

The following would be an added advantage:

• additional security certifications (i.e. Certified Information Systems Security Professional, Certified Secure Software Lifecycle Professional, Offensive Security Certified Professional or GIAC Web Application Penetration Tester).

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Qualifications

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

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

You meet the requirements if you:

• have completed an honours degree (NQF 8);
• a South African citizen;
• have attained an average of over 65% in your final year; 
• have a strong desire to work in financial services and/or policymaking;
• have a proven track record of academic excellence;
• have excellent communication and interpersonal skills; and are a curious and keen learner.

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Qualifications

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

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

Additional requirements

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

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Detailed description

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

• Collect, compile and analyse public sector statistics.
• Check the accuracy of data, validate source data and liaise frequently with respondents.
• Integrate economic data from multiple sources and ensure completeness and consistency.
• Analyse audited annual financial statements in the prescribed format.
• Enhance and maintain the statistical database.
• Analyse data and statistics using business intelligence tools to identify trends and present analytical findings in written reports, including graphs and tables.
• Provide internal and external statistical information.
• Apply methodological standards to ensure adherence to international best practices.
• Apply estimated methodological standards to complement none response from respondents.
• Assist with presentations and general administrative and ad hoc tasks required by the division.

Qualifications

Job requirements

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

• an Honours degree in Accounting, Economics, Statistics, Public Finance or Data Science, or an equivalent qualification; 
• two years’ experience in the field of economic and statistical analysis and/or financial economics or accounting;
• a proven track record in financial statement analysis;
• proficiency in English (both written and spoken); and
• proficiency in the use of Microsoft (MS) Office products such as MS Word, Excel and PowerPoint.

The following would be an added advantage:

• knowledge and experience of statistical and financial accounting standards relevant to the public sector; and
• the ability to programme in R and/or Python and related open-source software.

Additional requirements include: 

• an affinity for statistics and economic analyses;
• insight and knowledge regarding the international statistical manuals; 
• the ability to be task-orientated with time management skills to operate in a deadline-driven environment;
• the ability to work independently and within a team/project environment;
• excellent communication skills;
• excellent report writing skills;
• initiative and problem-solving skills; 
• innovation and creativity;
• analytical skills and the ability to pay attention to detail; and
• good interpersonal skills.

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Detailed description

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

• Identify value driving opportunities for the application of advanced analytics in achieving the departmental mandate.
• Execute advanced analytics use cases to derive insights across key departmental subject areas.
• Identify, source and assess relevant structured and unstructured data for statistical modelling.
• Prepare data for statistical modelling by identifying data correlations and collinearity and performing required feature engineering.
• Develop robust statistical models that are modular, scalable, deployable, reproducible and versioned for analytics and reporting purposes and ensure that models are validated and meet required performance thresholds.
• Fully document analytics use cases according to best practice standards (including documenting model selection, validation, algorithms and code).
• Monitor, measure and report on analytical results to ensure appropriate business recommendations and insights. The analytical results may require the decision requirements model to be updated.
• Deploy, maintain, enhance, optimise and automate analytics solutions.
• Identify and mitigate risks (i.e. model biases) and ensure adherence to ethics principles (fairness, privacy, transparency and accountability) with regard to data and advanced analytics modelling.
• Align work outputs to relevant departmental and South African Reserve Bank strategies, and enterprise information management and governance standards and frameworks.
• Communicate complex analytics concepts in a clear and concise manner to assist researchers and stakeholders in interpreting model outputs and informing decisions and policy actions.
• Collaborate and proactively engage stakeholders from business and functional support areas across the analytics life cycle to ensure solutions are well formulated, deployed, supported and adopted.
• Keep abreast of industry best practices, techniques and technologies and lead the implementation thereof to ensure value-enhancing advanced analytics solutions.

Qualifications

Job requirements

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

• a Bachelor’s degree (NQF 7) in the science, technology, engineering and mathematics (STEM) field or an equivalent qualification;
• data science certification;
• data analytics or visualisation certification; 
• six to eight years’ experience in building, maintaining and optimising data and business intelligence solutions;
• at least three to five years’ experience in building advanced analytics solutions as part of the analytics setup in a company/analytics service provider; and
• a minimum of two years’ experience in deploying, maintaining and optimising advanced analytics solutions.
• an advanced degree.

The following would be an added advantage:

Additional requirements include:

• technical expertise in at least two of the following programming languages: Python, R, SAS, Scala and SQL;
• technical expertise in statistics and machine learning (ML) – regressions, clustering and time series techniques, bagging and boosting trees, ensemble models and neural networks;

working experience in:

• descriptive statistics and exploratory data analysis (EDA);
• large datasets in flat files, relational databases and distributed systems (Hadoop), with some exposure to AWS, Azure and/or GCP desirable;
• visualisation tools (e.g. PowerBI, SAS, Tableau and MicroStrategy);
• leveraging a large volume of structured and unstructured data to build artificial intelligence (AI)/ML solutions through end-to-end automated data pipelines;
• MLOps for AI/ML model deployment monitoring/enhancements for standalone solutions or as part of larger products;
• the ability to communicate complex ideas effectively, both verbally and in writing; and
• experience in working and collaborating with a variety of stakeholders throughout a data science project’s life cycle.