Jobs Available at South African Reserve Bank

Detailed description

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

• Provide support for the Prudential Authority systems to ensure that financial institutions returns and profiles are accurate and reliable. 
• Perform daily system monitoring, troubleshooting and maintenance to enhance system performance.
• Prepare and provide accurate and reliable data and information in support of the PA strategic decisions.
• Oversee receipt and delivery of accurate and reliable data from the regulated financial institutions.
• Monitoring the receipt of data from regulated financial institutions. 
• Provision of reports and graphs to the frontline analysts in order to create insights as part of ongoing supervision.
• Reporting the contravention of regulatory requirements by regulated financial institutions to the relevant frontline analysts in order to address any irregularities. 
• Perform system available testing during the business continuity.
• Conduct information systems training to the users of the systems across the PA
• Perform administrative duties associated with the role.
• Contribute to divisional, departmental and PA wide projects in line with the PA objective. 

Qualifications

Job requirements

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

• a Bachelor’s Degree in Information Technology/Information Systems/Computer Science (NQF 7) or an equivalent qualification. 
• At least two to five years’ experience in data management/data administration 

Job related knowledge and skills:

• knowledge of the Financial Sector Regulation Act(FSR Act), and Regulations relating thereto;
• knowledge of administrative and monitoring systems;
• business intelligence knowledge and skills;
• knowledge of database querying languages (e.g. SQL);
• quality assurance knowledge and skills;

Job Related skills and attributes:

• good communication and interpersonal skills;
• time and quality management skills;
• attention to detail and dedication to tasks;
• the ability to work well with departments and teams;
• problem-solving skills; and
• professionalism.

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

• Manage and maintain the managers’ diaries, including arranging appointments and travel in liaison with the relevant personnel.
• Ensure that all submissions are made to the correct committees by the relevant deadlines (e.g. submissions to the Governors’ Executive Committee).
• Receive, screen and respond to incoming telephone calls, using own initiative to address queries or route calls to the appropriate people.
• Prepare and edit correspondence, communications, presentations and other documents, and conduct basic research and analysis where necessary.
• Ensure that all incoming and outgoing correspondence, whether electronic or otherwise, is registered and filed in accordance with the SARB File Plan.
• Create and maintain a contact database for the managers’ offices and a filing system in accordance with the SARB File Plan.
• Collate and coordinate project-related and other information.
• Review operating practices in the area of responsibility and implement improvements where necessary.
• Perform day-to-day duties ethically and maintain absolute confidentiality in all matters relating to the managers’ offices.
• Serve on relevant divisional, departmental or SARB project teams, based on experience, skills and ability.
• Perform any other tasks as instructed by the managers, as required.

Qualifications

• a National Senior Certificate (Grade 12) and a secretarial diploma, or a relevant post-matric qualification; 
• at least six to eight years’ experience in a corporate personal assistant or equivalent environment, including experience in supporting executives; and
• a bachelor’s degree would be an advantage

Additional requirements include:

• proficiency in the Microsoft Office suite (Word, PowerPoint, Excel and Outlook);
• knowledge of administrative and clerical procedures;
• proficiency in spoken and written English;
• secretarial expertise; 
• excellent typing skills;
• the ability to work independently and outside normal working hours when required;
• time-management and quality-assurance skills;
• analytical and problem-solving skills;
• planning and organising skills;
• the ability to work under pressure;
• organisational awareness;
• interpersonal skills;
• adaptability; and
• attention to detail.

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

• Provide administrative support to ensure smooth operations within the AML section of the division.
• Manage, organise, record and file AML inspection reports, compliance data remediation, case files and other relevant documentation.
• Prepare meeting minutes, schedule inspections and coordinate other relevant inspection activities.
• Maintain databases related to AML risk assessments and enforcement actions.
• Assist with the drafting of AML/CFT reports for senior management, regulatory bodies and other relevant stakeholders for information, statistical and decision-making purposes.
• Assist with drafting formal correspondence, such as directive letters and memorandums to NPS participants. 
• Contribute to the development, maintenance and implementation of the AML/CFT supervisory framework, encompassing Directive 1 of 2022, the Financial Intelligence Centre Act 38 of 2001 (FIC Act) and other relevant AML/CFT legislation and regulations.
• Contribute to the continuous improvement and updating of AML/CFT supervisory methods and processes.
• Identify areas of improvement and contribute to the development or amendments of relevant legislation, regulations and best-practice standards.
• Contribute to the development and maintenance of risk-based methodologies to prioritise inspections and assess AML/CFT risks.
• Contribute to the development and execution of an AML/CFT supervisory inspection programme to plan and conduct supervision activities for the section.
• Assist in planning, leading and conducting AML/CFT thematic and full-scope inspections of non-banks within the scope of the FIC Act and relevant directives. 
• Engage and collaborate with key stakeholders, including the Financial Intelligence Centre, Prudential Authority, Financial Surveillance Department and Financial Sector Conduct Authority, on AML/CFT supervisory matters.
• Assist in drafting and reviewing AML/CFT inspection reports that summarise findings and recommend corrective action. 
• Assist in collecting evidence for enforcement action purposes.
• Keep abreast of Financial Action Task Force (FATF) recommendations and global AML/CFT trends and regulatory developments.

Qualifications

To be considered for this position, candidates must have:

• an honours degree in commerce, economics, finance, risk management, accounting or law, or an equivalent qualification in a related field;
• an Association of Certified Anti-Money Laundering Specialists (ACAMS) credential will be an advantage;
• a minimum of two to five years’ experience in AML/CFT, including evidence of managing deliverables and leading projects, with a minimum of one to two years’ experience in the banking or financial sector; and 
• experience in the payment system environment will be an advantage.

Additional requirements include:

• willingness to travel for AML supervisory visits;

knowledge and skill in:

• industry, business and organisational awareness;
• quality assurance;
• continuous improvement;
• continued learning/professional development;
• regulatory oversight and supervision;
• knowledge of:
• the NPS and AML; 
• financial markets, bank supervision and interpretation of financial statements;
• NPS regulation and legal framework;
• the Principles for Financial Market Infrastructures (PFMI);
• risk management, including risk frameworks;
• central banking;
• applying relevant legislation, such as the National Payment System Act 78 of 1998 and the FIC Act;  
• digital literacy;
• problem-solving and analysis;
• managing complexity and ambiguity;
• planning and organising;
• judgement and decision-making;
• resilience;
• impact and influence;
• building and maintaining relationships;
• conceptual thinking.

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

• Contribute to the development, maintenance and implementation of the AML/CFT supervisory framework, encompassing Directive 1 of 2022, the Financial Intelligence Centre Act 38 of 2001 (FIC Act) and other relevant AML/CFT legislation and regulations.
• Contribute to the continuous improvement of AML/CFT supervisory processes, methods and procedures. 
• Identify areas for improvement and contribute to the development or amendment of relevant legislation, regulations and best-practice standards.
• Contribute to the development and maintenance of risk-based methodologies to prioritise inspections and assess AML/CFT risks.
• Contribute to the development and execution of an AML/CFT supervisory inspection programme.
• Plan, lead and conduct thematic and full-scope AML/CFT inspections of entities within the scope of the FIC Act, the Authorisation Framework and relevant directives.
• Engage and collaborate with key stakeholders, including the Financial Intelligence Centre, Prudential Authority, Financial Surveillance Department and Financial Sector Conduct Authority, on AML/CFT supervisory matters.
• Draft AML/CFT inspection reports that summarise findings and recommend corrective action. 
• Assess the inspection reports and identify entities that should be referred to the enforcement section for further action.
• Contribute to drafting AML/CFT reports for senior management, regulatory bodies and other relevant stakeholders for information, statistical and decision-making purposes.
• Draft reports and other documents, such as letters, briefing notes and memorandums, for relevant stakeholders as required.
• Analyse Financial Action Task Force (FATF) developments and provide input into supervisory approaches, risk assessments and inspection methodologies. 
• Act as a point of contact for supervised entities for matters relating to AML/CFT supervision.
• Represent the South African Reserve Bank at industry meetings, forums, working groups and committees, among other platforms.

Qualifications

To be considered for this position, candidates must have:

• an honours degree in commerce, economics, finance, risk management, accounting or law, or an equivalent qualification in a related field;
• an Association of Certified Anti-Money Laundering Specialists (ACAMS) credential or similar AML/CFT qualification;
• a minimum of five to eight years’ experience in AML/CFT, including evidence of managing deliverables and leading projects, with at least one to two years’ experience in the banking or financial sector; and 
• experience in the payment system environment will be an advantage.

Additional requirements include:

• willingness to travel for AML supervisory visits;

knowledge and skill in:

• industry, business and organisational awareness;
• quality assurance;
• continuous improvement;
• continued learning/professional development;
• regulatory oversight and supervision;
• knowledge of:
• the NPS and AML; 
• financial markets, bank supervision and interpretation of financial statements;
• NPS regulation and legal framework;
• the Principles for Financial Market Infrastructures (PFMI);
• risk management, including risk frameworks;
• central banking;
• applying relevant legislation, such as the National Payment System Act 78 of 1998 and the FIC Act; 
• digital literacy;
• problem-solving and analysis;
• managing complexity and ambiguity;
• planning and organising;
• judgement and decision-making;
• resilience;
• impact and influence;
• building and maintaining relationships

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The successful candidate will be responsible for, but not limited to, the following key performance areas:

• Manage the end-to-end settlement of domestic financial market transactions. 
• Process and authorise bond, money market and repo transactions. 
• Capture and verify settlement and accounting transactions accurately. 
• Ensure compliance with Strate rules, regulations and SARB policies. 
• Monitor settlement deadlines and ensure timely processing of transactions. 
• Manage collateral activities, including lodging, release and substitution of collateral. 
• Perform daily reconciliations and resolve any discrepancies promptly. 
• Investigate and resolve failed, rejected or unmatched settlement transactions. 
• Provide settlement support and maintain strong relationships with stakeholders and clients. 
• Maintain accurate records and support process improvements and automation initiatives.
• Participate in strategic and operational projects.

Qualifications

To be considered for this position, candidates must have:

• a Diploma in Financial Management (NQF6) or an equivalent qualification; and
• a minimum of two to five years’ job-related experience.

The following would be an added advantage:

•   completed STRATE and/or JSE settlement certificate.
•   excellent interpersonal skills.
•   excellent communication skills (verbal and written). 
•   a high degree of self-motivation. 

Additional requirements include: 

• in-depth knowledge and understanding of domestic financial markets, instruments and stakeholders.
• working knowledge and understanding of domestic market systems (e.g., collateral systems, Flexcube, SWIFT, SAMOS).
• customer service orientation.
• proficiency in Microsoft Office products.
• willingness to occasionally work overtime when required; and
• proven ability to multi-task, deliver results, and respond quickly and effectively to requests. 

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Detailed description

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

• Coordinate and engage with relevant stakeholders, such as Banking Association South Africa (BASA), Association for Savings and Investment South Africa (ASISA), the Financial Sector Conduct Authority (FSCA) and the Financial Intelligence Centre (FIC), with regard to the quarterly meetings held, including planning, organising and minute-taking.
• Review information and new publications issued or received from the Financial Action Task Force (FATF) and regional FATF- styled bodies such as the Eastern and South African Anti-Money Laundering Group (ESAAMLG), and provide insights in preparation for international and regional meetings. 
• Coordinate and consolidate inputs from the AML/CFT team pertaining to requests for the completion of AML/CFT/CPF-related questionnaires received from supervisory bodies both local and foreign as well as other international organisations which may from time to time send questionnaires/surveys for completion by the AML/CFT department.
• Manage information and responses to requests from the Basel Committee on Banking Supervision (BCBS), the Organisation for Economic Co-operation and Development (OECD), the Financial Sector Assessment Program (FSAP), the World Bank, the International Monetary Fund (IMF), the United Nations (UN), the United Nations Office on Drugs and Crime (UNODC), the Southern African Development Community (SADC) and the Common Monetary Area (CMA).

Qualifications

Job requirements

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

• a post-graduate degree in Analytics, Auditing, Data Science, International Law, International Relations, International Security, Law or another field related to financial crime risk; and
• at least five years of professional experience, including research and analysis experience in the area of AML/CFT/CPF best practice.

Additional requirements include:

• industry, organisational and business awareness, knowledge and skill;  
• data analysis and reporting knowledge and skill; 
• in-depth technical knowledge;
• excellent writing skills;
• good drafting and interpretation of legislation skills;
• experience in conducting money laundering (ML), terrorist financing (TF) and/or proliferation financing (PF) risk assessments; 
• ML/TF/PF research and practical experience; and
• a good understanding of international best practice and technological developments in the AML/CFT sphere.

The following would be an added advantage:

• Experience in data mining, modelling, predictive analytics and/or business intelligence reporting.

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Job Description

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

• Providing strategic direction and leadership to the Policy, Statistics and Industry Support Department (PSISD) and the coordination of efficient and effective planning, budgeting, resourcing, organising, governance, control and risk management and operations. 
• Overseeing the development and implementation of prudential regulatory and supervisory policies and standards to enable the Prudential Authority to fulfil its mandate.
• Active participation in internal policy formulation structures including but not limited to; the Prudential Committee and the Financial Stability Committee. 
• Ensuring the collection, analysis and dissemination of accurate and relevant industry data, statistics and information to internal and external stakeholders, on current and emerging risk issues including industry reporting.
• Establishing the framework for consistent enforcement of regulations across the industry and to develop a resolution framework of non-significant financial institutions regulated by the Prudential Authority (PA).
• Overseeing the implementation of major projects in the regulatory environment which includes regulatory reforms such as the Basel III capital framework and the Solvency and Assessment and Management (SAM), international peer reviews such as Financial Sector Assessment programme and the Regulatory Capital Assessment Programme (RCAP).
• Formulation, implementation and monitoring of a strategy for engagement with the Basel Committee for Bank Supervision, and the International Association of Insurance Supervisors and other regional bodies in order to enhance and influence the international banking and insurance regulatory and supervisory frameworks and to advance the national interests of South African in those committees.
• Representing the Bank/Prudential Authority and South Africa in the Basel Committee and the International Association of Insurers and other regional bank and insurance regulatory bodies, and interacting locally with National Treasury, industry associations and Parliament where necessary.
• Managing the performance and development of direct reports, create a performance culture in the department, and promote and support career management and development.

Qualifications

Job requirements

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

• A minimum of a post-graduate degree in Economics/Finance/Statistics/Accounting OR any other relevant qualification. 
• A minimum of 12 to 15 years in prudential regulation or similar environment.
• A minimum of five (5) years in a senior managerial role managing multi-functional teams.

Job-related knowledge:

• General management and leadership in a changing organisation. 
• Prudential regulation
• Development of policy frameworks
• Statistical and Industry analyses
• Enforcement and resolution
• Industry technical support
• Programme management
• Human resources policies and procedures

Job-related skills and attributes:

• Building strategic relationships and creative thought leadership 
• Problem solving and analysis 
• Verbal and written communication 
• Presentation skills
• Liaison
• Quality orientation
• Integrity
• Confidentiality

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

• Perform pension administration duties, including retirement benefits counselling, processing of claims, in accordance with retirement fund legislation, regulations, rules and relevant policies.
• Prepare and provide information within a defined context to enable effective decision-making by trustees and other relevant stakeholders.
• Perform general administration, including preparation of payment instructions, data capturing and record-keeping, ensuring the smooth running of the section’s operations.
• Engage with members of the SARB Retirement Fund and other stakeholders, demonstrating a service- oriented approach and the ability to gather, communicate and explain information fluently.
• Proactively broaden knowledge of pension administration, displaying willingness to make improvements in own work (including methods and practices).
• Evaluate own performance against given criteria, identify and address task specific learning needs.
• Perform work independently within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing own tasks.

Qualifications

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

• a National Diploma or an Advanced Certificate (NQF 6) in Financial Management or an equivalent qualification in a related field; and 
• one to two years’ experience in a financial services environment, specifically in pensions administration.

Additional requirements include:

• industry, organisational and business awareness;
• quality assurance; 
• continuous improvement;
• continuous learning and/or professional development; 
• taxation;
• pension administration;
• function-specific performance management;
• function-specific information systems;
• effective communication;
• flexibility;
• drive for results;
• teamwork;
• service and stakeholder;
• building and maintaining relationships;
• analysis and problem-solving;
• resilience;
• client orientation; and
• attention to detail.

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

• Negotiate, draft and vet various IT-related contracts, including complex multi-year technology transformation programmes.
• Lead a legal team for complex technology projects.
• Identify, address and manage potential legal risks within the SARB Group.
• Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations. 
• Conduct research into a wide range of matters relating to commercial and procurement law.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
• Provide legal advice and opinions.
• Review and draft policies, procedures and guidelines for the SARB Group.
• Establish processes to enhance efficiencies within the SARB Group.
• Represent the LSD and SARB Group on internal committees, workgroups and/or forums.
• Build and maintain relationships with internal and external stakeholders. 

Qualifications

Job requirements

To be considered for this position, candidates must:

• have an LLB degree or an equivalent appropriate legal qualification 
• be an admitted attorney or corporate lawyer within a reputable legal practice or within a reputable technology corporate; and
• have eight to ten years of experience as a practising attorney or in-house legal counsel / corporate lawyer.

The following would be an added advantage:

• a solid record in leading negotiations and concluding long-term strategic legal projects;
• experience in IT law; and
• providing legal support on technology projects / systems

Additional requirements are as follows:

• assertiveness;
• problem-solving and analysis skills;
• communication skills (verbal and written); 
• judgment and decision-making skills; 
• presentation skills; 
• relationship management;
• listening skills;
• being a self-starter; and
• driving execution.

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

• Maintain and regularly update a centralised database of industry stakeholders, including contact details, institutional affiliations and engagement history.
• Provide travel support for the division, including travel bookings, approvals, itineraries and reconciliation in line with the SARB travel policies.
• Support budget administration processes for the RPSD, including preparing inputs for budget submissions, monitoring expenditure, tracking spending commitments and working closely with the Management Support Division on budgeting processes.
• Provide administrative support in the processing and payment of invoices in line with the SARB policies.
• Support records and document management in compliance with internal policies and standards.
• Prepare meeting packs, take accurate minutes and track actions.
• Proactively manage internal and external stakeholder relationships through professional communication and service-oriented administrative support.

Qualifications

To be considered for this position, candidates must have:

• a minimum of a higher education certificate (NQF level 5) in either Business Administration or Office Management or an equivalent qualification; 
• at least two to three years’ experience in an administrative or office support or Personal Assistant role, preferably within a policy, regulatory, research or public sector environment; and 
• demonstrable experience in meeting coordination, minute-taking, travel arrangements and general office administration.

Additional requirements include:

• cost administration;
• financial forecasting and budgeting skills;
• administration and information management skill; 
• administration service delivery skills; 
• administration planning skills; 
• travel and tourism skills;
• verbal and written communication skills;
• attention to detail and accuracy;
• planning, organising and time management;
• analytical and problem-solving skills;
• stakeholder and service orientation;
• judgement and discretion, particularly when handling sensitive policy and regulatory information;
• ability to work under pressure and manage multiple priorities;
• team focus; and
• professionalism and confidentiality.

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

• Compile the section’s operational plan and take responsibility for the implementation as well as the monitoring thereof.
• Develop and implement processes, standards, methods tools and internal controls to manage risk and ensure validity and accurate banking transactions.
• Define, plan and allocate work for others in the team in alignment with departmental and operational plans.
• Manage the accounting function in line with accounting and South African Reserve Bank (SARB) policies, relevant accounting standards and applicable legislation.
• Fulfil the line management function pertaining to development and performance of the team.
• Oversee and manage EFT, Tellers, Loan Schemes Section by clarifying roles and responsibilities and optimising resources to its functions are delivered seamlessly.
• Analyse, provide reports and recommendations on loan schemes activities (financial performance, balances of loans) to various committees.
• Design a reporting approach and provide consistent and accurate reports to senior management.
• Manage internal and external stakeholder relationships, displaying the ability to lead senior-level engagements.
• Stay current with developments within the banking industry and ensure application thereof.
• Represent the Financial Services Department in forums, task teams and working groups and liaise with the SARB departments and subsidiaries to ensure payments and related matters comply with banking standards and requirements.

Qualifications

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

• an Honours’ degree (NQF 8) in Banking, Finance or an equivalent qualification;
• 8−10 years’ experience within a banking or financial environment; and
• three to five years’ experience in a management position.

Additional requirements include:

• a Chartered Accountant (SA) qualification will be an added advantage;

knowledge and skill in:

• industry, organisational and business awareness;
• quality assurance; 
• continuous improvement;
• continuous learning and/or professional development; 
• people management;
• relevant systems;
• accounting;
• financial analysis;
• relevant legislation, policies and procedures;
• leading change;
• establishing focus;
• drive results;
• promoting teamwork;
• developing and growing others;
• service and stakeholder focus;
• effective communication;
• building and maintaining relationships;
• impact and influence;
• interpersonal sensitivity;
• analysing and problem solving;
• planning and organising;
• judgement and decision making;
• strategic thinking;
• conceptual thinking;
• manages complexity and ambiguity; and
• innovation and creativity.

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Job Description

• To analyse and assess the adequacy and appropriateness of the inter-disciplinary infrastructure regulation and principles that apply to the day-to-day supervision of prudentially regulated financial market infrastructures (FMIs), and to identify, monitor and mitigate risks to financial stability.
• To ensure that MIs adhere to the Principles for Financial Market Infrastructures (PFMIs) and comply with minimum supervisory standards and the legal framework.
• To conduct regular meetings with the Manager: MI Supervision and Divisional Head: MI Supervision to communicate meaningful and accurate management information, information on progress with operational objectives and to ensure that priorities are well coordinated.   
• To conduct relevant research to align with international best practice compliance and standards. 
• To identify FMI specific risks and ensure that such risks are adequately managed. 
• To provide accurate and meaningful information for both domestic and international consumption. 
• To report on industry issues and trends and contribute to the PA annual review. 
• To perform ad hoc duties and participate in special projects as and when required. 

Qualifications

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

• A Bachelor’s Degree in Economics/ Accounting / Risk Management/ Legal or Compliance. 
• 2 - 5 years of experience in the Financial Sector supervision / Regulatory/ FMI environment. 
• FMI Supervision, regulation and legislation experience

Job-related knowledge:

• FMI Supervision, regulation and legislation 
• Economics 
• Accounting/Financial Statements 
• Financial markets and instruments 
• Relevant policies and procedures 
• Research methodologies  
• Principles for Financial Market Infrastructures (PFMI) 
• Problem solving and analysis 
• Verbal and written communication 
• Interpersonal
• Sound judgement 
• Working independently 

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

• Provide input into strategic and operational scorecards as it pertains to regulatory finance for the Prudential Authority (PA).
• Implement Chapter 16 and other financial provisions of the Financial Sector Regulation Act 9 of 2017.
• Consult on and propose levies in accordance with the Financial Sector and Deposit Insurance Levies Act 11 of 2022.
• Consult internally and externally each year on the Chapter 16 budget, two-year expenditure forecast and budget explanatory note.
• Develop conceptual and formal submissions for tabling at the SARB and PA executive governance structures. 
• Drive and manage the regulatory public consultation process on the regulatory finance proposals with industry and provide the prudential regulator’s feedback for governance purposes.
• Facilitate the tabling of the PA regulatory and operational budget, two-year expenditure forecast, budget explanatory note and comprehensive summary of the public consultation process at the PA and SARB governance structures.
• Develop the PA’s regulatory submission to Parliament and National Treasury for tabling in Parliament.
• Analyse and understand the business environment to contribute meaningfully to an optimised PA funding model and its continued sustainability. 
• Calculate, consolidate, validate, maintain and report on the levies, fees and relevant regulatory progress to the relevant PA governance structures.
• Monitor, control and report legislative and regulatory changes in the prudential regulation sector relating to levies and fees charged to supervised financial institutions.
• Engage the Financial Sector Conduct Authority (FSCA) on levies and fees as well as collaborate on data-sharing.
• Manage the performance and development of the team

Qualifications

The following would be an advantage:

• a certified and professional financial registration; and
• registration as a Chartered Accountant.

Additional requirements include:

• industry, organisational and business awareness knowledge and skill;
• quality assurance knowledge and skill;
• continuous improvement knowledge and skill;
• continuous learning and/or professional development knowledge and skill;
• finance strategy knowledge and skill;
• finance legislation and governance, risk and compliance knowledge and skill; 
• finance project management knowledge and skill; 
• financial forecasting and budgeting knowledge and skill; 
• financial accounting knowledge and skill; and 
• regulatory compliance proven competencies – financial preferred.

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Detailed description

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

• Ensure the delivery of reliable, secure, scalable and cost-effective technology services.
• Build a leading engineering practice that improves delivery quality, operational resilience, automation, reuse, productivity and continuous improvement in support of the SARB’s long-term objectives.
• Manage the day-to-day execution and direction of staff, ensuring operational discipline and aligning technology delivery, service performance and execution priorities.
• Provide strategic direction for the SARB’s IT operations, including infrastructure, application development, integration, security operations, business process re-engineering, networks, outsourcing, and computer and auxiliary operations and support.
• Direct the development and implementation of IT strategic and tactical goals, policies and procedures for existing and new technologies, and develop and execute strategic plans to optimise the use of IT in support of the SARB’s mission and objectives.
• Establish, govern and continuously improve a leading engineering practice across BSTD, including engineering standards, secure-by-design practices, reusable patterns, code quality, automated testing, development, security and operations (DevSecOps), release management, observability, platform engineering and modern software delivery practices.
• Drive delivery excellence and operational performance across IT by improving predictability, throughput, service reliability, automation, risk reduction, technical debt management, life cycle management and technology cost optimisation.
• Build the engineering, operations and delivery capability required for a high-performing technology organisation, including talent pipelines, communities of practice, capability uplift and a culture of accountability, learning and continuous improvement.
• Stay up to date with technology advances to provide thought leadership to the businesses served as well as own teams and the SARB.
• Provide leadership, sponsorship and oversight to programmes, as agreed with the Executive Programme Management Office (EPMO), to transform the existing technology environment.
• Develop and maintain strategic relationships with major stakeholders within and outside the SARB to ensure that strategies remain relevant and sustainable, changes impacting the external environments are appropriately managed, and partnerships with key vendors are maintained and enhanced.
• Implement and enforce policy to ensure the protection of enterprise IT assets and the integrity, security and privacy of information entrusted to or maintained by the SARB.
• Oversee the development and implementation of IT procedures and processes to ensure that they are aligned with COBIT [Control Objectives for Business and IT – governance model and industry standard], and other agreed governance frameworks adopted by the SARB, and are at the agreed maturity level as measured by the Capability Maturity Model Integration (CMMI).
• Direct the development and maintenance of enterprise-wide technical disaster recovery plans to ensure the timely and effective restoration of IT services in the event of a disaster.
• Ensure a service-oriented, customer-focused department that supports the ongoing operations of the SARB and drives efficiency, quality, customer service and organisational growth.
• Manage compliance and risk as required, and ensure that the operational technology risks are identified, assessed and mitigated. 
• Manage talent and succession for critical roles within BSTD and manage the performance and development of direct reports.

Qualifications

Job requirements

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

• an Honours degree in IT, Information Systems or Engineering, or an equivalent NQF8 qualification;
• a minimum of 12 years’ experience in IT systems and/or IT management with at least 5 years’ experience in a general management role; and
• a Master’s degree will be an added advantage.

Additional requirements include:

knowledge and experience in:

• general management;
• thought leadership in IT;
• digital transformation;
• strategic and business planning tools, methods and processes;
• information security management;
• programme sponsorship and project management;
• IT governance leadership and management;
• enterprise, solution and infrastructure architectures;
• scaled agile and waterfall development methodologies;
• DevSecOps;
• platform engineering, site reliability engineering and engineering productivity practices;
• software quality management, automated testing, release management and observability; and
• technology operating model design, IT service management, technical debt management and life cycle management.