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  • Posted: Jun 13, 2024
    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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    (454) Chief Operating Officer - ExMan

    Detailed description

    • The successful candidate will report to a deputy governor and be responsible for the overall management and strategic direction of the Human Capital and Operations Cluster of the SARB.

    This will include the following key performance areas: 

    • Oversee the operational effectiveness of the Human Capital and Operations Cluster. 
    • Establish integrated support services cluster policies for approval by the Management Committee and the GEC, and ensure implementation by the heads of department. 
    • Drive the execution of the organisation’s strategy and functioning in the Human Capital and Operations Cluster. 
    • Identify operational and systemic risks and weaknesses inherent in the Human Capital and Operations cluster and ensure that heads of department effect remedial measures.
    • Plan and coordinate the Human Capital and Operations Cluster’s annual operational plans, risk matrices and budget activities, maximising performance and increasing efficiencies. 
    • Review financial statements, activity reports and performance data to measure goal achievement and enhance operational efficiency. 
    • Negotiate and/or approve major contracts and agreements with suppliers and service providers in line with the SARB Group Procurement and Supplier Management Policy, SARB Budget Guidelines, and the SARB’s delegations of authority. 
    • Report on the status of the Human Capital and Operations Cluster to the GEC on a regular basis. 
    • Provide assurance to the GEC on the impact of the Human Capital and Operations Cluster on other departments in the SARB. 

    QUALIFICATIONS

    To be considered for this position, the successful applicant must: 

    • be in possession of a postgraduate qualification in Business Management, Finance or Economics;
    • have 13 to 15 years’ management experience in a corporate environment; 
    • have at least five years’ experience in a senior or strategic management role; 
    • have acquired working knowledge of various pieces of relevant legislation, including the Labour Relations Act 66 of 1995, Basic Conditions of Employment Act 75 of 1997, Employment Equity Act 55 of 1998 and legislation related to financial regulations, procurement and information technology; 
    • have a sound knowledge of corporate governance, risk management, financial regulations, supply chain management, a basic understanding of the workings of the SARB, and proven operational effectiveness; 
    • have excellent interpersonal skills, with the ability to build cross-departmental relationships; 
    • have demonstrated experience in persuading and influencing stakeholders appropriately; 
    • be innovative and solution driven; 
    • have strong leadership qualities with the ability to handle pressure well and resolve conflict effectively; 
    • have excellent verbal and written communication skills in English; and 
    • have the ability to interact professionally at all levels, both internally and externally.

    Method of Application

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