New Jobs at South African Reserve Bank

Detailed description

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

• Conduct supervisory oversight of designated banks and participate in supervisory practices, including: analysing and assessing the strategies, business models and business portfolios of banks; analysing, monitoring and forming a view of risks (i.e. credit, liquidity, market, capital and operational risks) that banks are exposed to and the impact thereof on their risk profiles; 
• assessing compliance with the Banks Act 94 of 1990, Mutual Banks Act 124 of 1993, the Regulations relating to Banks, Mutual Banks and the Financial Sector Regulation Act 9 of 2017 (FSR Act), including compliance with all prudential and regulatory requirements;  analysing and assessing the evolving economic and operating environment and the impact thereof on banks’ risk profiles; analysing and interpreting financial and risk information, including risk-based regulatory data submissions and the alignment thereof with industry best practices;  contributing to and participate in risk-based meetings with banks and their auditors; and preparing detailed reports based on the outcome of the analysis performed.
• Review, analyse and evaluate banks’ internal capital adequacy assessment process.
• Review and evaluate financial entities’ recovery plans.
• Analyse and interpret regulatory returns for regulated entities.
• Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990, Mutual Banks Act 124 of 1993), in line with international best practices.
• Interpret and develop amendments to the legislative framework, based on international best practices.
• Develop and implement the supervisory review and evaluation process, in line with international best practices. 
• 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, Commerce, Economics, Finance or Risk Management; and
• at least two to five years’ experience in the finance sector or financial regulatory environment. 

Additional requirements include:

• an in-depth knowledge and understanding of regulatory frameworks and international standards, such as the Basel Committee on Banking Supervision’s (BCBS) Core Principles for Effective Banking Supervision;
• being conversant with the Banks Act 94 of 1990, Mutual Banks Act 124 of 1993, Financial Sector Regulation Act 9 of 2017 and related standards and regulations;
• knowledge of prudential supervision and the supervisory framework applied in South Africa;
• knowledge of basic risk management standards and practices applied by banks and banking groups;
• an understanding of key issues and risks faced by banks and banking groups;
• an in-depth knowledge of the business of banks;
• an understanding of the business models applied by, and the financial and operating environment of, banks; and
• knowledge and understanding of corporate governance and risk management best practices and standards.

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Detailed description

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

• Investigate, with limited supervision, basic, intermediate and complex matters involving alleged contraventions of the provisions of the Regulations, 419 fraud schemes and anti-money laundering enforcement investigations. 
• Recoup, recover or regularise all capital lost as a result of alleged contraventions of the Regulations and/or administer the collection, preservation and distribution of money and/or goods seized in terms of the provisions of the Regulations. 
• Administer the collection, preservation and distribution of money and/or goods seized through investigations of alleged contraventions of the Regulations. 
• Conduct and/or facilitate research relevant to investigations and/or requests for information from internal and external stakeholders, submit reports on findings and make recommendations to a signing officer or manager. 
• Assist, under supervision, legal practitioners with litigation. 
• Engage with internal and external stakeholders by providing clear and timely assistance and support, listening to and accommodating stakeholder needs. 
• Stay current with developments, policies, procedures and legislation, and apply any relevant changes to own work.
• Record all relevant information and correspondence regarding allocated investigations and provide investigative administrative support when required.

Qualifications

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

• a Bachelor’s degree in Law, Commerce, Forensics (in the accounting or financial fields) or an equivalent NQF 7 qualification; 
• two to five years’ experience in administrative, financial or related forensic investigations in the banking, financial and/or law enforcement environment; and
• knowledge of, and experience in, the Currency and Exchanges Act 9 of 1933, Exchange Control Regulations, Currency and Exchanges Manuals and other relevant legislation.

Additional requirements include:

knowledge and skill in:

• conducting investigations;
• verbal and written communication (including presentation and report writing); 
• analysis and problemsolving;
• judgement and decisionmaking;
• planning and organising;
• building and managing relationships;
• a service and stakeholder focus;
• a drive for results;
• competence in Microsoft Office packages (e.g. Excel, Word and PowerPoint);
• the ability to work under pressure; 
• the ability to work in a team; and
• a valid driver’s license to allow traveling from time to time to perform duties away from the Head Office.

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Detailed description

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

• Participate in short-term planning and perform assigned tasks according to the team’s work plans. 
• Perform general administrative duties to support the planning, ordering, coordination and distribution of banknotes and coin.   
• Gather and collate data related to the supply of coin to assist in decision-making. 
• Engage effectively with both internal and external stakeholders in support of departmental objectives.
• Perform administrative tasks on an ad hoc basis or as part of projects when requested by the team leader. 
• Work independently within established practices, processes, rules and regulations, ensuring compliance with relevant standards and policies.
• Identify and address problems by adjusting existing routines and providing solutions within a defined scope. 
• Manage the administration of withdrawn currency, including the disposal process which may involve on-site visits to SBV centres and SARB storage facilities to oversee the packing, receipt, dispatch and stock counting for inventory management.
• Assist with general administrative duties to support business optimisation, such as coordinating training schedules for basic lean practices, problem-solving and total productive maintenance as required.
• Collaborate with the Communications Division to create posters for training announcements, awards and related events when required.
• Support the business with administrative activities such as bookings, workshops, team building and quarterly and diversity and inclusion meetings.
• Manage general administrative tasks related to travel arrangements.
• Liaise with the printing room to produce posters in support of lean initiatives.
• Perform administrative duties related to monthly budget variance reporting.

Qualifications

To be considered for this position, candidates must:

• have at least a National Higher Certificate (NQF-level 5) or an equivalent qualification; 
• have between one and three years of job-related experience; 
• be computer literate; and 
• be proficient in the Microsoft Office suite. 

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Detailed description

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

• Prioritise projects and new requests in collaboration with the relevant business and stakeholders to enable strategic alignment and optimal resource allocation. 
• Facilitate the development of the business case and project initiation documents in accordance with Programme Management Office methodology to clearly define and approve the purpose and business motivation of projects. 
• Allocate project managers and negotiate and agree upon the allocation of project team members to ensure the effective utilisation of skills. 
• Oversee project managers’ delivery of project progress according to the approved schedule and budget, the expected deliverables, specifications and quality standards. 
• Oversee the delivery of project benefits and/or consolidated programme benefits. 
• Draft notes and reports pertaining to projects.
• Monitor post-implementation reviews to ensure the sustainability of programme solutions. 
• Fulfil the line management function pertaining to the development and performance of project managers and administrators within the team. 
• Coach and mentor project managers and administrators within the team, providing leadership and motivation.   
• Conduct required programme meetings to consolidate reporting, and manage risks and constraints, thereby ensuring cohesion, consistency and integrity of programme output. 
• Manage specific projects as and when required in accordance with workload or as assigned. 
• Engage and present to senior level stakeholders within the SARB at various stages of the different project life cycles.
• Managing large research and public policy projects, overseeing secretariat functions for major committees, and organising large international events will be an added advantage.  

Qualifications

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

• an Honour’s degree (NQF 8) in Project Management or an equivalent qualification; and
• at least 8 to 10 years’ relevant experience.

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Detailed description

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

• Oversee the functions of the division (i.e. security investigations, security personnel vetting, project security, due diligence and integrity management) to ensure effective delivery.
• Provide input into the departmental strategy and policy in line with the South African Reserve Bank’s (SARB) strategy, and communicate and clarify the vision and strategic goals of the department to own team.
• Develop and implement policies for the division in line with the departmental strategy.
• Develop and implement the divisional operational plan to ensure strategic and operational objectives are achieved.
• Ensure compliance with policy, procedures and audit findings to mitigate risk in the division.
• Oversee the management of all personnel and resources allocated to the division.
• Create a performance culture in the division, define performance expectations and conduct effective performance management of direct reports.
• Oversee the prioritisation of work and resource utilisation.
• Oversee the divisional costs, ensuring alignment with related functions and the organisational value chain.
• Oversee and authorise the provision of management information for the decision-making purposes.
• Collaborate with senior leadership to develop and enforce security policies and procedures that align with organisational goals and industry best practices.
• Provide expert guidance on security matters to project teams and stakeholders, ensuring that security considerations are integrated into project planning and execution.
• Develop and provide reports on due diligence and personnel risk to senior management and relevant committees.

Qualifications

To be considered for this position, candidates must have:

• an Honours degree/Postgraduate Diploma (NQF8) in Internal Audit, Risk Management, Social Science (Psychology/Sociology/Criminology) or an equivalent qualification;
• a minimum of 10 years’ experience in security and/or security risk management with at least five years in a senior management position; and
• sound knowledge and experience in areas such as security investigations, personnel security vetting, project security, due diligence and integrity management, and stakeholder engagement. 

The following would be an added advantage:

• successfully completed a Senior Management Development Programme.

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Detailed description

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

• Oversee functions of the division (i.e. the provision/oversight of the physical security systems, physical security infrastructure, and security liaison and response functions).
• Provide input into the departmental strategy and policy in line with the South African Reserve Bank’s (SARB) strategy, and communicate and clarify the vision and strategic goals of the department to own team. 
• Develop and implement policies for the division in support of the departmental strategy. 
• Develop and implement the divisional operational plan to ensure strategic and operational objectives are achieved. 
• Ensure compliance with policy, procedures and audit findings to mitigate risk in the division. 
• Oversee the management of all personnel and resources allocated to the division. 
• Create a performance culture in the division, define performance expectations and conduct effective performance management of direct reports. 
• Oversee the divisional costs, ensuring alignment with related functions and the organisational value chain. 
• Oversee and authorise the provision of management information for decision-making purposes. 
• Oversee the provision of security systems management for the SARB Group to ensure that appropriate security infrastructure is utilised, and that adequate support and maintenance mechanisms are in place. 
• Oversee the design, implementation and maintenance of security systems to ensure a secure operational environment. 
• Oversee the SARB Group’s capacity to manage and coordinate all incidents through the National Operations Centre (NOC). 
• Oversee the provision of security services across the SARB Group in line with the service delivery model. 
• Oversee the National Incident Management Centre and ensure that the SARB Group is able to adequately and appropriately detect, respond and recover from relevant incidents.
• Oversee physical assets and infrastructure design elements within a facility for security purposes unrelated to systems.

Qualifications

To be considered for this position, candidates must have:

• an Honours degree/Postgraduate Diploma (NQF8) in Computer Science, Information Technology or an equivalent qualification;
• a minimum of 10 years’ experience in a security and/or systems management environment with at least five years in a senior management position; and
• sound knowledge and experience in areas such as incident management, infrastructure management, security systems management and stakeholder engagement.

The following would be an added advantage:

• successfully completed a Senior Management Development Programme.

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Detailed description

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

• Generate and provide reports for SHEQ systems, focusing on SHEQ performance and compliance, and develop dashboards for identified SHEQ key performance indicators. 
• Quality assure and consolidate reports for the SHEQ Division to deliver information to applicable stakeholders.
• Provide first-level technical support and training to staff on the use of the SHEQ management system and tools.
• Maintain and manage documentation related to SHEQ policies, procedures, risk assessments, audits and other critical records, and ensure accurate and timely reporting to regulatory bodies and internal stakeholders.
• Coordinate the internal assessment programme and ensure clear communication with internal stakeholders.
• Liaise with external auditors, regulators and certification bodies during audits and assessments.
• Develop and maintain the SHEQ awareness calendar.
• Provide assurance and administrative support for pre-qualification, tender and SHEQ award submissions.
• Research and stay informed about changes in the SHEQ landscape and legislation and make recommendations for necessary updates and improvements.

Qualifications

Job requirements

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

• a minimum of an NQF 6 in Environmental Health, Safety Management or Quality Management; 
• three to five years’ experience in the administration of SHEQ management systems; and
• two to three years’ experience in maintaining SHEQ management systems data and records.

Additional requirements include:

• a sound understanding of South African Occupational Health and Safety legislation and regulations;
• experience in SHEQ software and tools as well as data management and reporting (e.g. IsoMetrix, Intelex, CURA);
• knowledge of International Organization for Standardization (ISO) 9001, 14001 and 45001 standards;
• proven experience as a SHEQ System Administrator or similar role; and 
• the ability to work effectively within cross-functional teams.