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  • Posted: Feb 18, 2025
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (880) Business Analyst x2 - BSTD

    Detailed 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 of low to medium risk with a cycle of up to 12 months.
    • Facilitate workshops independently and consult with business owners and stakeholders with regard to problem definitions and the identification of business requirements and needs.
    • Review business processes and procedures, 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.
    • Manage change requirements and supporting specifications.
    • Investigate problems and propose solutions by interacting with users, developers and other stakeholders.
    • Develop manuals and plans and present training courses in support of implementation.
    • Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes and apply these in the course of own work.

    Qualifications

    Job requirements

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

    • an Honours degree in Information Technology (IT) or an equivalent qualification;
    • a relevant Business Analysis certification; and
    • five to eight years’ experience within a business analysis environment.

    go to method of application »

    (885) Test Analyst x4 - BSTD

    Detailed description

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

    • Conduct functional, non-functional, integration, system integration, regression and user acceptance testing.
    • Analyse business requirements and perform gap analyses to ensure comprehensive testing is done.
    • Compile test strategies, plans and test cases (including test estimation) to ensure a structured approach during testing.
    • Evaluate, plan, design, develop and deploy testing techniques for new solutions, products, applications and/or enhancements to existing applications throughout the development life cycles.
    • Manage defects and improve the quality of testing through early defect detection.
    • Keep abreast of developments in information and communications technology trends, specifically within the infrastructure technical testing arena to develop and design the most appropriate test approaches and solutions.
    • Develop progress and quality reports (encapsulating test results and statistics) to support the final approval for implementation of the solution.
    • Compile user manuals and conduct training to support the utilisation of the solution.
    • Engage with the internal and external user community to ensure that business benefits are realised.

    Qualifications

    Job requirements

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

    • a Bachelor of Computer Science degree (NQF 7) in Information Technology (IT) or an equivalent qualification; and
    • five to eight years’ experience in infrastructure technical testing.

    go to method of application »

    (871) Lead Legal Counsel - LSD

    Detailed description

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

    • Proactively identify, address and manage potential legal risks within the SARB Group.
    • Conduct and integrate legal research.
    • Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations.
    • Provide legal advice and opinion to the SARB Group.
    • Draft and conduct vetting on various commercial, financial and currency agreements.
    • Lead special projects.
    • Manage litigation on an ad hoc basis.
    • Conduct research into a wide range of commercial, financial and central banking law matters.
    • Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
    • Represent the Legal Services Department and the SARB Group on national, regional and international committees.
    • Report on, and provide guidance, advice and legal opinions to, the above-mentioned committees.
    • Review and draft SARB Group policies.
    • Institutionalise processes to enhance efficiencies within the SARB Group.
    • Mentor and develop junior legal counsel.

    Qualifications

    Job requirements

    To be considered for this position, candidates must:

    • be in possession of a Bachelor of Laws degree (NQF 8) or an equivalent appropriate legal qualification;
    • be an admitted attorney, advocate or a corporate lawyer within a corporate or investment banking legal environment or reputable banking and finance legal practice; and
    • have eight to 10 years’ experience as a practicing attorney, advocate or in-house legal counsel.

    The following would be an added advantage:

    • a solid record in leading and closing complex projects;
    • specialist experience in company law; and
    • exposure to financial markets, financial technology and payment systems.

    go to method of application »

    (873) Test Analyst x2 - BSTD

    Detailed description

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

    • Conduct functional, non-functional, integration, system integration, regression and user acceptance testing.
    • Analyse business requirements and perform gap analyses to ensure comprehensive testing is done.
    • Compile test strategies, plans and test cases (including test estimation) to ensure a structured approach during testing.
    • Evaluate, plan, design, develop and deploy testing techniques for new solutions, products, applications and/or enhancements to existing applications throughout the development life cycles.
    • Manage defects and improve the quality of testing through early defect detection.
    • Keep abreast of developments in information and communications technology trends, specifically within the infrastructure-testing arena to develop and design the most appropriate test approaches and solutions.
    • Develop progress and quality reports (encapsulating test results and statistics) to support the final approval for implementation of the solution.
    • Compile user manuals and conduct training to support the utilisation of the solution.
    • Engage with the internal and external user community to ensure that business benefits are realised.

    Qualifications

    Job requirements

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

    • a Bachelor of Computer Science degree (NQF 7) in Information Technology (IT) or an equivalent qualification; and
    • five to eight years’ experience in testing.

    The following would be added advantages:

    • entry-level calypso testing knowledge;
    • Regulator payments systems; 
    • SWIFT knowledge; and/or
    • manual and automated application programming interface testing experience.

    go to method of application »

    (877) System Administrator - ESD

    Detailed description

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

    • Establish and maintain stakeholder relationships to ensure efficient administration and maintenance of the time-series database.
    • Identify future business requirements and opportunities for optimisation and propose solutions.
    • Manage and maintain the integrity of the master data on the time-series database and file servers to facilitate effective business operations and mitigate systems-related risks.
    • Develop appropriate time-series structures on the database.
    • Administer, maintain and develop time-series structures in the Business Intelligence (BI) tool.
    • Administer and maintain time series on the web interface.
    • Provide administrative support for the publication of the Quarterly Bulletin.
    • Provide training and support for system users.
    • Assist with the implementation of enhancements to systems in consultation with business and/or other stakeholders (e.g. business processes, reports, upgrades).
    • Stay abreast of industry developments and best practice and apply these in the course of own work.
    • Improve and standardise work processes in the course of own work and ensure application of standards and methods by the team.
    • Ensure that the use of systems in ESD is complaint with policies and standards.
    • Work independently and provide guidance to junior staff members.

    Qualifications

    Job requirements

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

    • at least a Bachelor’s degree (NQF 7) in Computer Science, Data Science, Economics or Statistics, or an equivalent qualification; and
    • at least 5–8 years’ experience in business systems.

    Additional requirements include:

    • the ability to pay attention to detail;
    • problem solving and analysis;
    • verbal and written communication;
    • a drive for results;
    • a service and stakeholder focus; and
    • conceptual thinking.

    go to method of application »

    (878) Server Specialist - Virtualisation - BSTD

    Detailed description

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

    • Define own work plan and deliverables with guidance from the Team Lead: Servers and Storage and prioritise delivery of own outputs against the agreed work plan.
    • Design, test and implement scalable, redundant, virtualisation infrastructure solutions and related technologies according to documented business requirements and industry best practises.
    • Provide first line support on deployed server virtualisation infrastructure.
    • Provide escalation (third line) support on deployed server virtualisation infrastructure. 
    • Provide technical virtualisation expertise as part of information and communications technology infrastructure projects and participate in other departmental/divisional projects in order to contribute towards business objectives.
    • Identify and implement opportunities for integration, consolidation and enhancements to ensure cost-effective and optimal use of virtualisation resources and technology.
    • Research, design and evaluate alternative virtualisation architectures and related technologies in relation to the business needs of the South African Reserve Bank (SARB) (proof of concept and technical assessments) and aligned with the Business Solutions and Technology Department’s strategy, vision and roadmap.
    • Create and maintain technical virtualisation topology diagrams (SARB Group footprint) and provide structured documentation and procedures to the Production Support Section on solution handover where relevant.
    • Keep abreast of new and changing virtualisation architectures and technologies and liaise with vendors for purposes of product and technology review, coordinating vendor presentations where relevant.
    • Provide input into the development of virtualisation related policies and standards in accordance with corporate governance standards, including the SARB’s policies, procedures and other legislative requirements.
    • Act on management requests to address or mitigate risks in the virtualisation environment as identified by the internal or external auditors and other governance-related assessments (including sanctioned penetration tests).
    • Enhance disaster/business continuity procedures and assist in exercising those procedures.

    Qualifications

    Job requirements

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

    • a minimum of a Bachelor’s degree/Advanced Diploma (NQF 7) in Information Technology, Computer Science or an equivalent qualification; and
    • at least five to eight years of job-related experience.

    go to method of application »

    (879) Business Analyst x2 - BSTD

    Detailed 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 of low to medium risk with a cycle of up to 12 months.
    • Facilitate workshops independently and consult with business owners and stakeholders with regard to problem definitions and the identification of business requirements and needs.
    • Review business processes and procedures, 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.
    • Manage change requirements and supporting specifications.
    • Investigate problems and propose solutions by interacting with users, developers and other stakeholders.
    • Develop manuals and plans and present training courses in support of implementation.
    • Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes and apply these in the course of own work.

    Qualifications

    Job requirements

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

    • an Honours degree in Information Technology (IT) or an equivalent qualification;
    • a relevant Business Analysis certification; and
    • five to eight years’ experience within a business analysis environment. 

    go to method of application »

    (862) Market Risk Analyst - FMD

    Detailed description

    The successful candidate will be responsible for, among other things, the following key performance areas:

    • Analyse, assess and evaluate financial, market and business information in order to report on market risks to facilitate informed decision making on the foreign exchange, gold and other fixed-income reserve portfolios of the SARB.
    • Prepare and coordinate daily, weekly, monthly, quarterly and annual risk reports and provide analysis on the market risk measures and how they impact the SARB’s investments.
    • Develop and recommend strategies for market risk management of the SARB’s investment portfolios.
    • Conduct research on market risk developments and make recommendations based on the findings.
    • Assist in the conceptualising and building of market risk models for calculating market risks associated the SARB’s portfolios and particular trades or strategies.
    • Contribute towards the formulation of market risk-related policies and ensure the implementation thereof.
    • Coordinate the deliverables of team members in the context of projects and reporting.
    • Participate in cross-functional activities for the alignment and harmonisation of risk- related information.
    • Develop and maintain business relationships with experts in the financial markets industry.
    • Create and maintain procedure manuals for operational purposes.
    • Provide guidance and mentorship to analysts in the division.
    • Maintaining sound relationships with all stakeholders.

    Qualifications

    Job requirements

    To be considered for this position, candidates must have:

    • an Honours degree (NQF8) or equivalent in Investment Management, Risk Management, Finance, Accounting or a related field; and
    • five years’ experience in market risk management and various aspects of financial.

    The following will be an added advantage

    • a Chartered Financial Analyst (CFA), Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification 
    • knowledge of Environmental Social and Governance investment processes.

    go to method of application »

    (865) Legal Counsel - LSD

    Detailed description

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

    • Negotiate, draft and vet various commercial contracts.
    • Identify, address and manage potential legal risks within the SARB Group.
    • Steer legal processes for internal clients on fairly 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.
    • Review and draft policies, procedures and guidelines for the SARB Group.
    • Establish processes to enhance efficiencies within the SARB Group.
    • Provide legal advice and opinions.
    • 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 be in possession of:

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

    The following would be an added advantage:

    • proven track record in leading and concluding fairly complex legal projects;
    • solid knowledge of data protection and data privacy laws;
    • practical experience with PAIA (Promotion of Access to Information Act), 2000; and
    • good drafting and negotiation skills.

    go to method of application »

    (868) Senior Database Support Administrator (Teradata and Oracle) - BSTD

    Detailed description

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

    • Be responsible for the installation, configuration, maintenance and upgrading of the Teradata and Oracle database environments.
    • Participate in the establishment and maintenance of database standards and procedures, in accordance with the information technology (IT) governance within the SARB’s Business Solutions and Technology Department (BSTD).
    • Work independently to deliver outputs that meet the turnaround time and quality standards expected by business. (This includes the design of databases, the management of physical database structures and the resolution of database-related incidents).
    • Display an ability to provide solutions and approaches to database-related problems (barring those of high complexity and risk).
    • Provide management information for reporting on the quality, turnaround times and impact of database deliverables.
    • Stay current with Teradata and Oracle developments and conduct research into new database technologies that would benefit or enhance the database administration function within the SARB.
    • Perform database backups and restoration (as per schedule) so that all data are recoverable, even in emergency situations (disaster recovery).
    • Adhere to the SARB’s IT and information security standards, processes and procedures (i.e. change management and logical access).
    • Perform database capacity planning and comply with the software licence agreements.
    • Attend to incidents and requests for service calls, ensuring that resolution is timeous and in line with service standards.
    • Perform monthly database maintenance activities over maintenance weekends, deploying patches and applying fixes.

    Qualifications

    Job requirements

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

    • a Bachelor’s degree in IT or Computer Science, or an equivalent qualification (NQF 7); and
    • at least 8-10 years’ experience, including being progressively more responsible for database administration and related technologies. The preferred technologies are Teradata and Oracle.

    Technical requirements include having experience in:

    • the implementation, tuning and maintenance of Teradata and Oracle database solutions;
    • the implementation of high availability (HA) and disaster recovery (DR) for database solutions; and
    • Redhat OpenShift Container Platform (OCP), OpenText xECM, SharePoint, SAS and PowerBI would be advantageous.

    go to method of application »

    872) Applications Manager - Enterprise Resource Planning Systems - BSTD

    Detailed description

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

    • Manage operational planning by developing short-term work plans in line with the BSTD strategy and business plans and communicate section activities.
    • Manage and improve workflow and the application of processes, procedures and systems.
    • Provide advice on refining policies, processes and systems, and improve alignment with related divisional processes and systems.
    • Manage and facilitate the delivery of section-specific outputs, including the timely delivery of projects and readiness of solutions to transition into operations.
    • Optimise section resource use, allocate work and manage the accountability of resources, and provide input into cost management.
    • Manage stakeholder relationships to ensure the timely delivery of quality information technology (IT) solutions in accordance with business requirement specifications.
    • Identify gaps and inefficiencies (including governance, management of risks and audit findings) in the work of the section and take specific actions for the implementation of improvements.
    • Manage, monitor, evaluate and report on the quality, turnaround and impact of section deliverables.
    • Encourage a performance culture in the section, define performance expectations and conduct effective performance management of direct reports. 
    • Drive priority development of employees by promoting and supporting the career management and development of direct reports.
    • Drive innovation and implement necessary changes to improve application processes and systems to align with global best practices.
    • Execute the IT strategy within the section.
    • Drive transformation of the ERP and HCM systems through the implementation and maintenance of a secure and high availability solutions.

    Qualifications

    Job requirements

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

    • an Honours degree in Computer Science (NQF 8) or an equivalent qualification; 
    • eight to 10 years’ experience in an IT environment; and 
    • three years’ experience in managing Oracle ERP and Oracle Fusion Cloud implementation projects as well as overseeing operations, support and maintenance initiatives.

    go to method of application »

    (857) Strategy Portfolio Manager - ExMan

    Detailed description

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

    • Develop and continually improve fit-for-purpose portfolio management products and services (framework, practices, methods, tools and templates).
    • Structure the portfolio aligned to the strategy to enable planning for its execution.
    • Drive and facilitate demand management within the portfolio to ensure alignment to the strategy and that sufficient capacity exists to execute it.
    • Drive and facilitate prioritisation within a portfolio and across portfolios to achieve portfolio balancing for effective execution.
    • Drive and facilitate enterprise business capacity planning to achieve resource balancing for execution.
    • Partner with key SARB departments, such as the Business Solutions and Technology Department, Internal Audit Department, Financial Services Department, Risk Management and Compliance Department and Human Resources Department, and project management offices to collaborate on the effective execution of the portfolio.
    • Develop and manage relationships with key business stakeholders through the Strategy Management Office (SMO) business partnering model to enable the delivery of the portfolio management process.
    • Drive and facilitate portfolio financial management and have a view of the total cost perspective, using a multi-year view for the proactive budgeting of projects ahead of each financial year.
    • Use advanced analytics to understand the relationships or cause and effect within the strategy to provide insight to the business to constantly test and adapt strategy.
    • Provide enterprise and business portfolio performance reporting and insight.
    • Provide detailed programme and project performance reporting of strategic initiatives for the executive portfolio.
    • Maintain a network with other central banks or similar industries and keep abreast of portfolio management trends.
    • Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks as defined by the SARB.

    Qualifications

    Job requirements

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

    • an Honours degree or an equivalent (NQF 8) qualification; 
    • a minimum of 8 to 10 years’ experience in project and programme management, with at least three years of solid experience in a strategic/enterprise-wide portfolio management environment; and
    • relevant project/programme management certification (e.g. PRINCE2 practitioner, Agile Scrum Master, Project Management Body of Knowledge).

    The following would be an added advantage:

    • Portfolio Management Professional certification; and 
    • a Master of Business Administration (MBA) degree.

    Method of Application

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