Current Jobs at South African Reserve Bank

Detailed description

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

• Work closely with business and the Business Solutions and Technology Department (BSTD) to define and interpret business needs and requirements as well as compile a business case for new and existing business solutions for CMD. 
• Coordinate, guide and oversee the implementation and change management of new solutions, enhancements and upgrades to existing systems, in consultation with business, BSTD and/or other stakeholders, to ensure alignment with business needs and requirements (business processes, reports, upgrades, patches and fixes). 
• Guide and manage business testing as well as verify testing results against the defined test-case criteria.
• Establish and maintain stakeholder relationships to ensure the efficient running of the business systems, identify future business requirements and opportunities for optimisation, and propose solutions.
• Manage the master data on CMD systems to ensure the integrity thereof, the accuracy in the processing of transactions end-to-end and the mitigation of systems-related risks.
• Provide ad hoc training as well as guide and oversee externally provided training and support on all functional system changes to internal and external users of the systems, including cash centre personnel.
• Manage the development, maintenance, updates and implementation of training material and the learner management system (LMS) platform through internal and external stakeholders and partners. 
• Monitor and facilitate the timely resolution of all systems-related issues reported by the cash centres and other Head Office users and manage the incident management process to ensure efficient service delivery. 
• Act as the central systems co-ordinator with the cash industry for systems-related matters, including invoking systems-related business continuity procedures. 
• Assess the impact on business due to systems changes initiated by external factors –from within or outside the South African Reserve Bank (SARB). 
• Provide reports and recommendations on the Systems Development Life Cycle (SDLC). 
• Establish and maintain relevant stakeholder relationships and represent the department at relevant industry forums. 
• Ensure governance principles are in place and implemented throughout all change processes.
• Maintain policy changes on the system.

QUALIFICATIONS

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

• at least a bachelor’s degree (i.e. BComm, BSc in Information Systems, and so forth), or an information technology (IT) or equivalent qualification; 
• a minimum of five to seven years’ experience in a financial business support and analysis environment.

Additional requirements include:

• an understanding of the banking ecosystem;
• knowledge of financial payment systems; 
• project management skills; and
• knowledge of cash management systems.

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Detailed description

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

• Compile documentation and provide project technical co-ordination in order to optimise programme and project capital scope, costs and execution schedule. 
• Collate and coordinate project compliance documentation (eg. Scope, Quality, Cost, SHE and Schedule) for programmes and project plans and to liaise with various stakeholders (internal and external) throughout the project life cycle in order to maintain effective communication on all matters relating to the project.
• Coordinate the development and review of the project charter, scope of Work (SoW) and cost estimate.
• Collate risk management information and provide evidence of mitigation plans to the Compliance and Records Coordinator within CSD.
• Collate and co-ordinate the project execution plan documentation tailored for each programme and project to ensure effective and efficient execution.
• Collate documentation and compile governance requirements on all aspects of project management framework.
• Co-ordinate estimates and cost control measures
• Co-ordinate and report on the programme and project schedules on the project performance and progress to the sponsor on a monthly basis. Including To maintain the procurement spreadsheet in order to keep track of contract status and to follow up as required with the Procurement Division and internal and external stakeholders.
• Co-ordinate appropriate handover of the programmes and projects to the Programme Managers as per the PMO framework. 
• Contain and follow up on project activities in the absence of the project manager in order to ensure project continuity 
• Coordinate all lessons learnt documentation and workshops in order to implement best practices gained from past experiences into Project Management systems, tools and guidelines for use in future projects to improve overall project management effectiveness and efficiencies.
• Maintain a project repository in order to ensure that project information is accessible to all stakeholders and available for audit purposes.

QUALIFICATIONS

Job requirements

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

• a minimum of a National Diploma (NQF 6) OR equivalent in project management; and
• a minimum of 3-5 years of broad cross functional experience in construction project management and process management.

Additional requirements include:

• project compliance management knowledge and skill
• project planning knowledge and skill
• project legislation and governance, risk and compliance knowledge and skill
• project risk management knowledge and skill
• project information management knowledge and skill
• project reporting knowledge and skill;
• communication skills in English (i.e. written and verbal);
• building & maintaining relationships
• impact & Influence
• interpersonal sensitivity
• analysing & problem solving
• planning & organising and
• team player.

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Detailed description

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

• Define own and others’ work plans using own discretion and in alignment with departmental and functional work plans.
• Conduct analysis and design/architect quality IT solutions according to approved business requirements and in line with governance frameworks.
• Develop and deliver quality IT solutions through development, integration, testing and deployment according to the approved design specification and within agreed timelines.
• Ensure total quality of an IT solution by contributing to the compilation of standards and improved process, and by ensuring that the approved processes and standards are followed.
• Consistently provide IT solution maintenance and support in the designated area, thereby ensuring business continuity in line with the agreed service standards.
• Keep abreast of developments of information communications and technology (ICT) trends and within your specialised area of technology in order to develop and design the most appropriate IT solution within the area of responsibility.
• Set the functional discipline standards for the work area and hold others to account in complying with the expected standards and procedures for the completion of the tasks/activities performed.
• Actively participate as a team member and drive the team towards the completion of goals.
• 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:

• An Honours degree in Computer Science, or an equivalent NQF8 qualification; and
• eight years’ working experience as a senior developer or technical resource in a project and support environment.

Technical requirements

• Working experience in building and maintain Continuous Integration and Continuous Development (CI&CD) pipelines;
• exposure to Gitlab or any other CI tools;
• exposure to building and maintain Angular/Blazor applications;
• experience utilizing Application Performance Monitoring (APM) tools (such as AppDynamics, New Relic, or similar) to monitor application performance metrics, including response times, throughput, and resource utilization;
• experience in troubleshooting issues related to networking, storage, and application deployments in OpenShift/Kubernetes;
• strong technical experience with programming languages including Java, C#, XML, YAML, JSON in an enterprise project or support environment;
• experience in design, deployment, configuration, and maintaining RedHat Openshift clusters and OpenShift environments.
• exposure to design, deployment and management of containerized cloud native applications, and Java and C# microservices/rest API’s using Openshift, ensuring scalability, reliability, and performance.
• experience using an Agile software development methodology with a project or support environments;
• experience in managing development teams to onboard applications onto OpenShift/Kubernetes clusters and integrate with 3Scale and or similar gateways; or
• experience in Linux Operating Systems.

The following would be an added advantage:

• Experience in Financial Surveillance sector for central banking.

Additional requirements include:

• industry, organisational and business awareness; and
• knowledge and skill in:
• continued learning and/or professional development;
• analysis and problem-solving;
• judgement and decision-making;
• team management;
• building and maintaining relationships;
• developing and growing others;
• resilience;
• planning and organising;
• quality assurance;
• stakeholder management; and
• continuous improvement.

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Detailed description

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

• Conduct research and keep abreast of TF and PF threats and vulnerabilities, trends and typologies, providing specialist reports to management for review and making recommendations on guidance to be issued to accountable institutions.
• Continuously update the Prudential Authority’s (PA) risk-based tool with relevant data from a domestic and an international TF and PF perspective and assess the impact of TF and PF risks to South Africa from foreign jurisdictions.
• Provide inputs to the preparatory work/scoping documents of inspection teams prior to anti-money laundering and combating the financing of terrorism (AML/CFT) meetings and inspections.
• Assess the TF and PF financing controls of supervised institutions, including the activities and operations of supervised entities outside of South Africa.
• Provide insight and guidance to ensure the development of the risk-based matrix and the furtherance of a risk-based approach to supervision.
• Regularly inform and train the supervisory teams on key TF and PF developments.
• Ensure that the AML/CFT supervisory function adequately caters for the consideration of TF and PF risks in its risk-based approach to supervision, which should be reflected in the risk-based tool and supervisory activities of the division.
• Supervise accountable institutions to ensure compliance with the FIC Act, the Financial Action Task Force international standards, national legislation and best practice relating to TF and PF, including targeted financial sanctions related to terrorism and TF.
• Plan and drive workshops and engagement sessions with the relevant AML/CFT analysts and supervised institutions (banks and life insurers) to raise awareness of and provide guidance relating to TF/PF risks.
• Contribute to the drafting of banking and life insurance sector risk assessments, specifically with regard to TF/PF risks.
• Provide inputs to national risk assessments and contribute to the work of the national risk assessment committee.
• Contribute to the supervisory manual and training material of the division where it relates to TF/PF risks.
• Engage with external stakeholders to acquire information with regard to TF/PF risk assessments and obtain TF/PF risk information for incorporation into the enhancement of the risk-based tool. 
• Provide input into off-site reviews which are TF/PF risk focused.
• Provide management information relating to TF/PF risk analysis.

QUALIFICATIONS

Job requirements

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

• A Postgraduate qualification in Political Science, International Law, Law, International Relations, International Security or another field related to non-proliferation and financial sanctions, or an equivalent qualification; 
• at least five to eight years of professional experience, including research and analysis experience in the area of preventing the financing of terrorism, the proliferation of weapons of mass destruction and/or targeted financial sanctions.

Additional requirements include:

• industry, organisational and business awareness, knowledge and skill;
• data analysis and reporting knowledge and skill;
• in-depth technical knowledge;
• experience in money laundering (ML)/TF/PF risk assessment tool design, implementation and analytics; 
• extensive experience in conducting ML/TF/PF risk assessments; 
• excellent drafting skills; and
• comprehensive research and analysis experience in the area of preventing the financing of terrorism and the proliferation of weapons of mass destruction.

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Detailed description

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

• Engage in short-term planning and perform tasks against work plans as defined by the team leader or nature of work. 
• Identify, evaluate and solve defined, routine and new problems within a familiar context, applying solutions based on relevant evidence and procedures, and demonstrating an understanding of the consequences. 
• Prepare high-quality food items (salads, baked foods, refreshments, etc.) as per the approved menu.
• Provide support to the Chef de Partie where required (including, but not limited to, ordering ingredients required for food preparation, cleaning and scullery duties).
• Assist with serving lunch to members and charging clients at pay points.
• Adhere to hygiene, health and safety standards in own environment.
• Engage positively with stakeholders and customers (including handling customers’ complaints and compliments).
• Willingly address any gaps in own performance of tasks and activities against the required standard.

QUALIFICATIONS

Job requirements

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

• a Diploma in Hospitality Management or an equivalent qualification; 
• one to three years’ experience in a culinary, restaurant or hotel and catering environment.

Additional requirements include:

• hospitality services legislation and governance, risk and compliance knowledge and skill;     
• health and safety knowledge and skill;
• hospitality service delivery knowledge and skill;
• verbal and written communication skills;
• flexibility;
• the ability to drive for results;
• focus on learning;
• the ability to work in a team;
• focus on service and stakeholder relations;
• problem-solving skills;

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Detailed description

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

• Provide input into the departmental strategy and operational plan as well as communicate and clarify the vision and strategic goals of the South African Reserve Bank (SARB) and department within the division.
• Develop strategic and operational plans for the division that are aligned with the BSTD strategy and manage the implementation thereof, including the building of capacity and capability for the division.
• Develop and oversee the implementation of divisional policies, procedures and systems requirements as well as ensure alignment with related functions and the organisational value chain.
• Manage the function with set, achievable objectives and targets.
• Oversee the timely delivery of projects and the readiness of solutions to transition into operations.
• Oversee the management and maintenance of a risk register and the implementation of mitigating actions within agreed timelines.
• Oversee the management and implementation of corrective actions for audit findings as identified by the SARB’s internal and external audit functions.
• Prioritise work, manage resource utilisation and the quality of deliverables as well as control costs to ensure alignment with related functions and the organisational value chain.
• Manage stakeholder and service provider relationships for the effective delivery of services.
• Create a performance culture in the division, define performance expectations and conduct effective performance management of direct reports.
• Drive priority development for employees by promoting career management and the application of newly acquired knowledge and skills.

QUALIFICATIONS

Job requirements

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

• an Honours degree in Business Management, IT or an equivalent qualification; 
• a minimum 10–12 years’ experience in an IT environment with expertise in managing critical financial applications (e.g. core banking, CODI, payment integrations) and/or ERP Cloud and on-premises solutions;
• at least five years’ experience in managing teams; and
• exposure to an Oracle environment would be an added advantage:

Additional requirements include:

• technical background in an appropriate area (e.g. software development, infrastructure, integration);
• project management skills;
• general management skills;
• leading change;
• critical thinking skills;
• a drive for results;
• developing and growing others;
• service and stakeholder focus;
• effective communication skills;
• building and maintaining relationships;
• analysing and problem-solving skills;
• planning and organising skills;
• judgement and decision-making skills;
• strategic thinking;
• conceptual thinking;
• managing complexity and ambiguity; and
• innovation and creativity.

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Detailed description

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

• Manage, coordinate and direct all logistical arrangements for learning programmes, including employee onboarding within the SARB.
• Liaise and engage proactively with internal and external stakeholders when coordinating learning programmes and events, displaying a service orientation and the ability to communicate effectively.
• Plan, allocate and coordinate work for self and others, ensuring quality and the timely delivery of specific outputs of the team.
• Manage the performance and development of team members. 
• Diagnose problems and choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context. 
• Continually seek to improve learning events management and coordination, virtually and in person, within the SARB.
• Drive engagements with learning and development consultants to ensure continuous alignment and improvement on learning delivery operations and support as well as demand management.
• Support learning and development consultant teams in driving and ensuring impact assessments of the identified learning programmes.
• Work collaboratively with the Digital Learning Change Lead and Digital Learning Manager to provide change management and support for digital learning initiatives within the SARB (i.e. digital learning platforms, learning management systems and tools). 
• Work collaboratively with learning and development consultants to plan, manage and implement talk sessions/webinars for future skills series (including digital dexterity and fluency), strategic workforce plan needs and critical skills within the SARB. 
• Direct the administrative support on programme delivery to ensure the availability of resources for learning and development programmes, events and other key areas of delivery for the SARB Academy.
• Provide guidance on the learning management system for the provision of accurate management information.
• Manage the post-course activity process to conclude learning programmes.
• Provide relevant information to facilitate management decision-making.
• Conduct research, benchmarking and knowledge sharing on new practice in the learning and development space.
• Proactively broaden own knowledge of functional area, displaying a willingness to make improvements in own work (including methods and practices).

QUALIFICATIONS

Job requirements

To be considered for this position, candidates must have:

• a Bachelor’s degree in Business Administration, Human Resources or an equivalent NQF7 qualification; 
• three to five years’ experience in a corporate learning and development and/or administrative environment; 
• at least two years’ management experience; and
• knowledge of learning and development administration best practices and methodologies, risk management, change management and stakeholder engagement.

Additional requirements include:

• industry, organisational and business awareness;            
• quality assurance;
• continuous improvement;           
• human resources (HR) planning;
• HR project management;
• HR reporting;
• HR service delivery;
• stakeholder management;
• communication management; and 
• knowledge of change management.

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Detailed description

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

• Review and update the disclosures within the annual financial statements (AFS) for the SARB Group for compliance with IFRS and other relevant reporting frameworks.
• Lead technical accounting updates for the SARB and its subsidiaries, ensuring compliance with IFRS.
• Prepare position papers for technical accounting matters as and when required for submission to various committees and external auditors.
• Conduct impact analyses of new IFRS pronouncements and develop transition plans.
• Regularly review the AFS disclosures for IFRS impacts and communicate to various committees and external auditors.
• Prepare financial year-end submissions to various committees and external auditors.
• Oversee the management accounting and AFS for the Corporation for Public Deposits (CPD) and the Corporation for Deposit Insurance (CODI).
• Conduct impairment assessments for significant investments in compliance with International Accounting Standard (IAS) 36.
• Review and continuously monitor and update the IFRS 9 classification, measurement and disclosure in line with the business model objectives of the SARB Group.
• Perform the IFRS 9 expected credit loss assessment for the SARB and its subsidiaries.
• Lead all implemented projects related to IFRS compliance.
• Provide training on the practical application of IFRS and the SARB accounting policies.
• Fulfil the team leadership function pertaining to the development and performance of the team.
• Monitor and ensure adherence to processes and internal controls to ensure validity and accuracy of financial results.
• Stay current with developments in financial reporting and central banking and ensure the application thereof.

QUALIFICATIONS

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

• a minimum of a Chartered Accountant (South Africa) qualification; 
• a minimum of five years’ post-articles experience in a technical accounting role.

Additional requirements include:

knowledge of and skill in:

• industry, organisational and business awareness;
• quality assurance;         
• continuous improvement;           
• continuous learning and/or professional development;     
• financial strategy;          
• financial legislation and governance, risk and compliance;
• financial project management;    
• financial forecasting and budgeting;
• financial accounting;      
• cost accounting;            
• management accounting;           
• financial analysis and reporting; 
• financial reconciliation;
• asset management;       
• taxation;           
• function specific: performance management;      
• function specific: information systems;    
• business continuity planning;
• Microsoft (MS) Excel, Word, PowerPoint and other computer-related knowledge and skills;
• analytical and problem-solving skills;
• resilience;
• strategic thinking skills;
• conceptual thinking skills;
• effective communication skills;
• impact and influence;
• judgement and decision-making skills;
• building and maintaining relationships;
• results driven;
• flexibility/agility;
• professional report writing skills;
• managing complexity and ambiguity.

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Detailed description

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

• Coordinate Programme Management Office (PMO) activities such as collating and consolidating PMO monthly reports and organising team events.
• Provide financial management support, not limited to collating and consolidating budget information using approved templates, liaising with vendors and the Management Support Division, and processing the timely payment of invoices.
• Maintain financial spreadsheets to keep track of expenditure versus budgets.
• Provide programme and project administration and support.
• Assist in compiling and maintaining mandatory documentation (e.g. information relating to charters, business cases, project plans and change requests) to ensure compliance in terms of PMO standards and procedures.
• Collate and manage information and reports to ensure that relevant stakeholders are adequately informed of a project’s status. 
• Liaise with various stakeholders (internal and external) throughout the project life cycle to maintain effective communication on all matters relating to the programme/project.
• Maintain a programme/project repository to ensure that information is accessible to all stakeholders and available for audit purposes.
• Schedule meetings, consolidate information for meetings, maintain and disseminate minutes and ensure that actions are followed up as per the minutes.
• Record, update and maintain lessons learnt, risks, issues, action and decision logs in order to allow the management of risks by the project manager.
• Contain and follow up on programme/project activities in the absence of the programme/project manager to ensure project continuity.
• Provide general administration and support that includes making travel arrangements, providing general administrative support as and when requested in special projects or filling in for other administrators.
• Guide project and controls administrators on divisional and programme/project requirements.
• Ensure continuous improvement by identifying and introducing improvements in programme administration processes.

QUALIFICATIONS

Job requirements 

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

• at least a National Higher Certificate in Project Management (NQF 5) or an equivalent qualification; 
• a minimum of five to eight years’ experience in a project administration environment.

Additional requirements include:

• analytical and problem-solving skills;
• learning focus;
• drive for results;
• the ability to work in a team;
• verbal and written communication skills;
• flexibility;
• service and stakeholder focus;
• project management skills;
• project compliance management skills;
• project planning skills;
• project legislation and governance, risk and compliance knowledge and skills; 
• programme administration knowledge and skill; 
• project information management skills;
• project reporting skills; and
• project financial management knowledge and skills.