Latest Openings at South African Reserve Bank

Detailed description

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

• Coordinate and conduct environmental inspections to ensure compliance with relevant environmental legislation, regulations, bylaws and approved permits/licences at various SARB facilities and projects.
• Prepare and implement safety, health, environmental and quality (SHEQ) specifications for the SARB projects and services.
• Identify areas of improvement to reduce waste, improve sustainability and ensure legal compliance. 
• Conduct compliance risk assessments for all applicable environmental legislation and regulations.
• Identify and provide necessary environmental training and awareness for the SARB employees and other identified stakeholders.
• Implement the environmental management system in accordance with ISO 14001:2015, focusing specifically on the identification of significant environmental aspects and impacts for the various SARB operations.
• Develop, implement and maintain environmental templates for contractor management.
• Conduct contractor/service provider evaluations in line with issued specifications and coordinate on site contractor environmental activities.
• Develop, maintain and update environmental, legal and other requirements matrix.
• Engage with key internal stakeholders and ensure that reporting requirements and timeframes are met.
• Compile environmental progress updates in various divisional reports, where required.
• Manage environmental incidents in line with the environmental incident management procedure. 

Job requirements

To be considered for this position, candidates must have:

• a Diploma (NQF6) in Environmental Science or Management;
• certificate in ISO 14001:2015 courses (e.g. Requirements/ Implementation/ Internal Auditor) will be essential;
• certificates on environmental legislation courses; and
• three to five years’ experience in the environmental management profession, of which at least one to two years’ experience should be in the implementation/ maintenance of environmental management systems.

Additional requirements include:

• industry, organisational and business awareness knowledge and skill;
• extensive knowledge of the National Environmental Management Act 107 of 1998 and associated regulations;
• auditing and continuous improvements framework knowledge and skills;
• ISO14000: Environmental Management System knowledge and skills;
• business contingency planning knowledge and skills;
• governance legislation risk and compliance knowledge and skills;
• emergency or disaster management/recovery knowledge and skills;
• food safety legislation knowledge and skills;
• accident and Incident Investigation knowledge and skills;
• effective communication skills;
• drive for results;
• analytical and problem-solving skills; and
• service and stakeholder focus.

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Job Description

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

• Manage and coordinate project, change, operational and business analysis activities (e.g. identify deliverables, determine the scope of work and identify tasks) in order to develop and maintain the South African Multiple Option Settlement (SAMOS) system.
• Develop service level agreements with SAMOS participants and payment system operators. 
• Ensure compliance with the service level agreements between the SAMOS system operator, the SAMOS participants and the payment system operators. 
• Approve the business processes and procedures relating to the domestic settlement system.
• Assist with, coordinate and provide training and capacity-building initiatives to internal and external stakeholders. 
• Manage the business relationships with SAMOS participants, payment system operators and internal stakeholders, and ensure that the necessary support is provided.
• Manage the testing of the domestic settlement system to ensure compliance with business and operational requirements.
• Develop and implement a cost recovery framework for the domestic settlement system. 
• Support risk management (including cyber and operational risk) and compliance for the domestic settlement system.
• Develop and prepare operational reports on the domestic settlement system, monthly and when required.
• Conduct research to ensure alignment with international best practices.
• Act as a change champion for key strategic initiatives within the Domestic and Regional Settlement Services (DRSS) Division (e.g. real-time gross settlement (RTGS) system Renewal Programme or new product and service launches).
• Oversee and execute the tasks as set out by the stakeholder management framework and track key performance indicators (KPIs) as defined by senior management.
• Coordinate the onboarding of participants (banks and non-banks) to the RTGS.
• Report all suspicious fraud and ant-money laundering/combating the financing of terrorism/proliferation financing transactions to the RTGS Rules Management and Compliance Enforcement Unit.
• Coach and mentor junior staff members to ensure development and growth. 
• Evaluate own and team members’ performance against given criteria and identify and address task-specific learning needs.
• Plan, organise, control, manage and evaluate the work of team members.

Qualifications

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

• an Honours degree (NQF 8) in Financial Management or Information Technology (IT), or an equivalent qualification; and
• 8−10 years’ experience in the banking, financial services or payment system environment.

Additional requirements include:

• knowledge of RTGS systems;
• knowledge of the SWIFT payment system messaging standards; 
• strong experience in risk management;
• knowledge of the national payment system;
• project management skills and experience; 
• analytical skills;
• decision-making skills;
• proven problem-solving skills; 
• computer literacy;
• knowledge of research methodologies; and
• strong verbal and written communication skills.

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Job Description

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

• Plan the project operational and business analysis activities (e.g. identify deliverables and tasks and determine the scope of work).
• Manage projects and business analysis activities to ensure delivery of projects’ objectives.
• Maintain, manage and operate the regional system according to service level agreements.
• Develop business procedures and processes relating to the regional system.
• Provide training and capacity building on the system to internal and external stakeholders. 
• Manage business relationships with stakeholders, central banks and with system participants, in conjunction with their central banks, and ensure necessary support is provided.
• Manage the testing of the regional system to ensure compliance with business and operational requirements.
• Execute the cost recovery framework for the system.
• Support risk management and compliance for the regional system.
• Perform stand-by supervisory role for the regional system, when required.
• Develop and prepare operational reports on the regional system, monthly and when required.
• Develop service level agreements with participants, regional clearing and settlement operations and other stakeholders.
• Oversee and execute the tasks as set out by the stakeholder management framework.
• Coordinate the onboarding of participants (banks and non-banks) to the real-time gross settlement (RTGS) system.
• Report all suspicious fraud and ant-money laundering/combating the financing of terrorism/proliferation financing transactions to RTGS Rules Management and Compliance Enforcement Unit.
• Act as a change champion for key strategic initiatives within the Domestic and Regional Settlement Services (e.g. RTGS Renewal Programme or new product and service launches).
• Evaluate own and team members performance against given criteria and identify and address task specific learning needs.
• Coach and mentor junior staff members to ensure development and growth. 
• Plan, organise, control, manage and evaluate the work of team members.

Qualifications

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

• an Honours degree in Economics, Financial Management, Information Technology or an equivalent qualification; and 
• 8−10 years’ experience in banking, financial or payment system environment.

Additional requirements include:

• knowledge of RTGS system;
• knowledge of SWIFT payment system messaging standards; 
• risk management skills;
• knowledge of the national payment system;
• project management skills; 
• analytical skills;
• decision-making skills;
• research methodologies skills; and 
• problem-solving skills.

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Detailed description

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

• Provide oversight of designated banks and participate in supervisory practices.
• Analyse and assess the strategies, business models and business portfolios of banks.
• Analyse, monitor and form a view of the risks banks are exposed to (i.e. credit, liquidity, market, capital and operational risks) and the impact thereof on their risk profiles. 
• Assess compliance with the Banks Act 94 of 1990 (Banks Act), Financial Sector Regulation Act 9 of 2017 (FSR Act), Regulations relating to Banks and all prudential and regulatory requirements. 
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles.
• Analyse and interpret financial and risk information, including risk-based regulatory data submissions and their alignment to industry best practices. 
• Contribute to and participate in risk-based meetings with banks and their auditors. 
• Prepare detailed reports based on the outcomes of analyses.
• Manage correspondence and maintain electronic records in line with operational standards.
• Contribute towards the attainment of departmental strategic objectives.
• Contribute towards the attainment of operational objectives.

Qualifications

Job requirements

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

• a postgraduate qualification (NQF 8) in Accounting, Banking, Economics, Finance, Risk Management or a relevant equivalent qualification; and 
• two years’ relevant working experience in a regulatory environment or the financial sector.

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Job Description

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

• Take responsibility for driving business analysis initiatives from initiation to implementation on projects.
• Facilitate workshops independently and consult with business owners and stakeholders in respect of problem definitions and the identification of business requirements/needs. 
• Review business processes and procedures, elicit and analyse business needs and associated data, identify and assess possible solutions, and define the associated requirements. 
• Elaborate on the scope and feasibility of solutions and develop the supporting business case.
• Assist with the change requirements and provide specifications. 
• Investigate problems and propose solutions by interacting with users, developers, testers and other stakeholders. 
• Develop manuals and plans, and present training courses in support of implementation. 
• Support project testing activities
• Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes, and apply these in own work. 
• Engage in multiple initiatives simultaneously and take on a project management role in some initiatives.
• Plan, organise, control, manage and evaluate the work of team members and administer human capital functions. 

Qualifications

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

• An Honours degree in Technology or Finance; and 
• a minimum of five years’ experience within a business analysis environment. 

The following would be an added advantage:

• a Diploma in Business Analysis; and 
• experience in banking, with a focus on settlement and payment services, or back-office banking systems.

Additional requirements include:

• an understanding of banking systems and reports;
• driving results; 
• managing complexity and ambiguity; 
• leading change; 
• planning and organising skills; 
• developing and growing others; 
• judgement and decision-making skills; 
• resilience;
• impact and influence; and 
• building and maintaining relationships. 

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Detailed description

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

• Develop and implement the Building Information Systems (BIS) standards, processes, procedures and execution plans according to best practice and international standards i.e. ISO 19650.
• Provide BIS Subject Matter Expert (SME) input throughout the planning, execution, monitoring and maintenance of the built environment programmes and projects life cycle stages.
• Monitor and analyse the BIS environments to ensure compliance to the SARB Security Controls, identify gaps and risks as well recommend solutions to the Cyber Team for improvements.
• Allocate BIS (BIM, Vault, Navisworks, AutoCAD, Revit Software, Candy, etc.) licenses and manage access control to the relevant internal and external SARB stakeholders working closely with the BSTD Assets team.
• Keep abreast of best practices within BIS (BIM, Vault, Navisworks, AutoCAD, Revit, Candy, Software, etc.) and make recommendations for application within the SARB.
• Provide BIS training and skills transfer for SARB internal and external stakeholders in conjunction with BSTD and service providers.
• Lead and manage programmes / projects teams in BIS programmes / projects setup.
• Implement and monitor SARB BIS Service Level Agreements (SLA).
• Manage the full integration of all BIS project information (construction models, specifications, shop drawings and schedules) to facilitate realtime stakeholder access and collaboration.
• Define and interpret end user requirements, oversee the testing and implementation of new solutions, enhancements and upgrades to existing hardware, software, systems, in consultation with business, BSTD and/or other stakeholders ensuring alignment with business needs and requirements (business processes, reports, upgrades, patches and fixes).
• Monitor and facilitate the timely resolution of all system related issues reported by the Cash Centres and other SARB Head Office (HO) users and manage the incident management process to ensure efficient service delivery.
• Provide budget input during the budgeting cycle and ensure approval thereof for any future requirements for BIS Software
• Provide reports and present to CSD IT Portfolio Steering Committee and any SARB governance structure as required regarding the progress and use of the BIS environment by the relevant internal and external SARB stakeholders.
• Create, implement, and manage upgrade and deployment strategies for the BIS environment in alignment with BSTD Change Advisory Board (CAB)Analyse the project work breakdown structures (WBS) and cost breakdown structures (CBS), in conjunction with relevant stakeholders.

Qualifications

Job requirements

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

• a B Tech or equivalent (NQF 7) (e.g. architecture, construction product design civil engineering or architectural technology; and
• eight to ten years of experience in the consulting and built environment, (managing BIS environments

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Detailed description

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

• Organise self and ensure that the work allocated is completed within the set time and according to defined standards. 
• Deliver high-quality and relevant work, which includes the following:
• Execute cleaning functions as per the schedule for the executive floors and the official residence.
• Perform preventative and corrective maintenance related to cleaning. 
• Comply with occupational health and safety regulations. 
• Provide relieve duties related to cleaning. 
• Report information clearly and accurately to the team leader, team members and other internal stakeholders (as may be needed).
• Display service orientation in interactions with colleagues and stakeholders. 
• Comply with expected standards and procedures for the completion of allocated tasks and activities. 

Job requirements

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

• a Grade 12 or Matric certificate; and
• at least one year of job-related experience in the corporate environment. 

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Detailed description

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

• Embed risk management frameworks, methodologies, processes, systems and related policies relating to i.e. operational risk, key risk indicators, risk incidents, information technology (IT) risk, emerging risks etc.
• Analyse and understand the business environment to support and guide the identification of risks and opportunities. 
• Coordinate and embed operational risk, including IT application risks and continuous risk management across the SARB Group. 
• Identify and report on emerging risks to the SARB Group.
• Consolidate, analyse, maintain and report on the centralised risk incidents database for the SARB Group.
• Entrench the monitoring and review of operational risk action plans by client departments.
• Identify and coordinate departmental risk management training needs. 
• Conduct training and support to clients on risk management processes and tools.
• Embed and promote a positive and proactive risk management culture across the SARB Group.
• Conduct quality reviews on the departments’ compliance with risk management policies and framework, including risk management outcomes and activities within the SARB Group.
• Compile and coordinate reporting on risk management outcomes and activities to the SARB Group’s management, executives and risk oversight committees.
• Research and benchmark leading risk management processes and developments and propose improvements accordingly.
• Manage the implementation of the Risk Management and Compliance Department (RMCD) strategic and operational risk treatment action plans, and report on the progress and impact on risks.
• Provide input into the risk management overarching plan.  
• Review the risk management database to ensure the integrity of data.
• Build and manage relations with clients and other stakeholders.
• Collaborate with other internal and external stakeholders to provide data, insights and analytical expertise on risk and controls across the SARB Group.

Qualifications

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

• a Bachelors degree in Risk Management, Auditing or any other relevant NQF7 qualification;
• five to eight years’ relevant and practical experience in the operational risk and/or auditing field.

The following would be an added advantage:

• an Honours degree (NQF8) or relevant qualification with Auditing or Risk Management; 
• Certified Risk Management (CRM) Practitioner;
• experience in the use of the risk management computer software application.

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Detailed description

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

• 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 financial, commercial and central banking law.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
• Represent the Legal Services Department, the SARB and the SARB Group on the regional, national and international committees.
• Report on, and provide guidance, advice and legal opinions to, the above-mentioned committees.
• Review and draft policies for the SARB Group.
• Institutionalise processes to enhance efficiencies within the SARB Group.
• Provide legal advice and opinions.
• Draft and vet various financial and investment banking agreements.
• Manage litigation.

Job requirements

To be considered for this position, candidates must:

• be in possession of an LLB degree (NQF 8) or an equivalent appropriate legal qualification; 
• be an admitted attorney, advocate or corporate lawyer within a corporate or investment banking legal environment or within a reputable banking/finance legal practice; and
• have at least five to eight years of experience as a practising attorney, advocate or in-house legal counsel.

The following would be an added advantage:

• a solid record in leading and closing complex legal projects;
• experience in company law; and/or
• exposure to financial markets, financial technology (fintech) and/or payment systems.