Senior Manager: Reserves Management (FMD) at South African Reserve Bank

JOB DESCRIPTION

The purpose of this position is to provide strategic leadership and direction to the Reserves Management function to ensure the effective management of the official gold and foreign exchange reserves.

Detailed description

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

• Ensure the effective management of the official gold and foreign exchange reserves in line with global best practice.
• Lead and direct engagements with relevant internal and external stakeholders related to Reserves Management.
• Lead and project manage the sourcing, evaluation, shortlisting, selection and on-boarding of External Fund Managers in collaboration with various internal stakeholders and governance processes.  
• Ensure continuous improvement of the delivery and functioning of the Reserves Management function of the Financial Markets Department.
• Identify and mitigate risks related to Reserves Management and ensure compliance with the relevant governance frameworks.
• Monitor, evaluate and report on the Reserves Management outputs and achievements to relevant stakeholders within the SARB.
• Manage the performance and development of direct reports, create a performance culture in reserves management, and promote and support career management and development.
• Communicate and clarify, the vision and strategic goals of the South African Reserve Bank (SARB) and the Financial Markets department to the reserves management team.
• Contribute and provide input to the strategic focus areas of the department and SARB.
• Develop appropriate policies, procedures and systems requirements for approval, setting operational guidelines within which team members work and ensure alignment with related functions and the organisational value chain. 

Job requirements

To be considered for this position, candidates must have:

• a minimum of a Master’s degree in Economics / Investment Management or equivalent. 
• minimum of 10-12 years within a reserves management or asset management environment with a solid track record of managing teams at a senior management level; and
• a CFA and FRM qualification would be an added advantage.   

Additional requirements include:

• knowledge of global macro- economics;
• knowledge of global financial markets;
• knowledge of industry-related technology;
• knowledge and experience in portfolio management; 
• knowledge of trading platforms and risk-management systems;
• project management experience;
• planning and organizing;
• excellent verbal and writtencommunication skills;
• driving results;
• developing and growing others;
• developing and managing relationships;
• leading change;
• impact and influence; 
• strategic thinking;
• managing complexity and ambiguity; and
• judgement and decision making