Currency Management Department at South African Reserve Bank

Brief Description        

• The main purpose of this position is to manage the cash operations of the South African Reserve Bank’s (SARB) Cape Town Cash Centre and to ensure the availability and integrity of banknotes to the public.

Detailed Description        

• The successful candidate will be responsible for the following key performance areas:
•  Take responsibility for managing the performance and development of the team.
•  Manage the cash centre in the absence of the Cash Centre Manager to ensure continuation in efficient cash operations.
•  Manage the cash operations and ensure compliance with policies and procedures.
•  Manage processes pertaining to cash transactions to ensure accuracy and completeness of information integrated with the National Cash Management System (NCMS).
•  Manage the physical processing and destruction of banknotes to ensure the acceptable quality of banknotes in circulation, in line with the minimum standards for recycling.
•  Establish and manage relationship with various stakeholders to ensure the availability of the acceptable quality of banknotes.
•  Collate and provide management information to the Cash Centre Manager for purposes of decision-making.
•  Enforce service level agreements with users of bulk cash transactions and communicate changes to affected role players.
•  Serve as the custodian of the Business Continuity Plan in the absence of the Cash Centre Manager.

Job Requirements        
To be considered for this position, candidates must have:

•  a Bachelor’s degree (NQF level 7) in Commerce, Supply Chain Management or an equivalent qualification; and
• five to eight years’ experience in a cash environment, with three years in a team leader role.

Additional requirements include:

•  leading change;
•  establishing focus;
•  a drive for results;
•  promoting team work;
•  developing and growing others;
•  effective communication skills;
•  building and maintaining relationships;
•  impact and influence;
•  analytical and problem-solving skills;
•  planning and organising skills;
•  judgement and decision-making skills; and
•  conceptual thinking.