SOUTH AFRICAN RESERVE BANK

Technician – Mechanical

Brief description

The main purpose of this position is to manage the maintenance of the mechanical subsystems and heating, ventilation and air conditioning (HVAC) installations at the Durban Cash Centre of the South African Reserve Bank (SARB).

Detailed description

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

• Engage in planning and perform tasks independently in accordance with set standards and engineering principles.
• Perform specialist diagnoses for sub- and integrated systems by applying set or modified techniques within a defined context.
• Coordinate preventative and corrective maintenance in the sub- and integrated systems or equipment and report on possible component failure to enhance system capability.
• Select, apply and review best-testing procedures and tools for all maintenance and project work.
• Interpret work instructions and basic drawings pertaining to construction, HVAC, alterations/modifications, enhancement maintenance and specialist projects.
• Apply national and international standards to comply with health and safety requirements.
• Manage the quality assurance process on work done by internal resources and external service providers for adherence to industry requirements and report to the team leader on the work done.
• Prepare and submit weekly reports on the non-conformance in work and techniques used by artisans or contractors.
• Engage positively with stakeholders and clients, including handling clients’ complaints and compliments.
• Address any gaps in own performance of tasks and activities against the required standards.

QUALIFICATIONS

To be considered for this position, candidates must have:

• completed a national trade test in air-conditioning and/or refrigeration systems (essential).
• an N6 or NQF 6 technical certificate or an equivalent qualification;
• three to five years of experience in a technical trade environment; and
• a valid driver’s licence.

Additional requirements include:

• being conversant in the dynamics of a commercial office environment;
• working experience of maintaining a centralised chiller system;
• knowledge of:
• general building maintenance procedures;
• the reading of floor plans, HVAC and civil drawings;
• the Occupational Health and Safety Act 85 of 1993 and its regulations; and
• risk management related to occupational health and safety;
• problem-solving skills;
• computer literacy (i.e. the Microsoft Office suite); 
• good verbal and written communication skills; and
• being on standby to attend to any related faults after hours, on weekends and public holidays.

Lead Actuarial Analyst -RSD

The purpose of this position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of actuarial risks in  insurance entities. The successful candidates – one position for life actuarial and one position for non-life actuarial – will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA responsible for providing specialist knowledge, skills and experience in the life and non-life actuarial risk management area.

The purpose of this position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of actuarial risks in  insurance entities. The successful candidates – one position for life actuarial and one position for non-life actuarial – will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA responsible for providing specialist knowledge, skills and experience in the life and non-life actuarial risk management area.

Detailed description

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

• Lead, develop and provide specialist actuarial support with regard to technical provisions reviews.
• Lead, develop and provide specialist actuarial support with regard to further refinements of the solvency assessment and management (SAM) framework.
• Provide actuarial support concerning both solo and group entities including, but is not limited to, the following:
  • scrutinising the financial soundness of life and non-life insurers;
  • participation in on-site visits to insurers; and 
  • the consideration of internal model approvals.
• Scrutinise and check the compliance of submissions by insurers.
• Assist in maintaining the statutory returns required by regulated entities. 
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

QUALIFICATIONS

To be considered for this position, candidates must:

• be a Fellow of the Actuarial Society of South Africa (FASSA); and 
• have at least 10 to 12 years’ experience that include at least three years of relevant post-qualification working experience in the  insurance industry. 

Job-related attributes:

• good communication (verbal and written) skills;
• ability to perform under pressure without compromising quality;
• ability to work independently and within a team in a leadership role;
• good interpersonal skills; 
• proactive problem-solving skills;

Job-related skills and knowledge:

• experience in SAM;
• computer literacy (preferably including programming skills);
• ability to perform and understand technical provisions reserving;
• ability to understand complex financial models; and
• ability to deal professionally with internal and external clients.

Additional requirements include: 

• knowledge of the  Insurance Act 18 of 2017; 
• knowledge of the Prudential Standards;
• knowledge of International Financial Reporting Standards (IFRS) 17; 
• knowledge of the risks that insurers take;
• ability to influence, build and maintain relationships; and
• reliable own transport as the position requires travel between the PA’s offices in Pretoria and the offices of supervised entities located elsewhere. 

IT Service Desk Manager – BSTD

To apply, click on the link at the end of the posts and all the best with your applications.

1. Data Engineer – BSTD
2. Senior Information Management Specialist – BSTD
3. Team Leader – ERD
4. Corporate Governance – ExMan
5. Team Leader: Conference Centre – CSD
6. Associate Bank Analyst (Capital Management) PSISD
7. Bank Analyst -BISD
8. Associate Bank Analyst – PSISD
9. Divisional Head: Money and Banking – ESD
10. Technician – Mechanical
11. Lead Actuarial Analyst -RSD
12. IT Service Desk Manager – BSTD

Data Engineer – BSTD

Brief description

The main purpose of this position is to build, maintain and optimise business intelligence (BI) data pipelines 

that feed from various data systems across the South African Reserve Bank (SARB) and enable the support 

of Data as a Service (DaaS) to the SARB.

Detailed description

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

• Implement data service standards and frameworks across the SARB to ensure optimised solutions and adherence to best practice, that is, data operations, development and operations as well as machine learning and operations.
• Take responsibility for BI data pipelines and flows for domain specific analytic implementations across the SARB.
• Ensure understanding of client’s data requirements in order to drive continuous development of data services and address evolving business needs.
• Design and build data pipelines that are robust, modular, scalable, deployable, reproducible and versioned for analytics and reporting purposes.
• Continually monitor and optimise domain specific data pipelines to ensure data availability and optimal long-term performance of data pipelines.
• Implement new data engineering features.
• Implement data sharing technology services for the SARB, in alignment with the BI and Business Solutions and Technology Department (BSTD) Strategy.
• Diagnoses, manage and enhance the performance of BI data marts and warehouses across the SARB by applying data engineering techniques such as distributed computing and data optimisation.
• Resolve data issues across BI data marts, data warehouses and data lakes.
• Implement initiatives to ensure compliance and adherence to security and application standards with respect to all BI data services.
• Identify and manage the mitigation of risks relating to domain-specific BI data services.
• Proactively engage and problem-solve with cross functional stakeholders ‒ from technical data teams to managers ‒ to address their data needs in order to build impactful analytics solutions.
• Provide reporting and recommendations on data service performance, improvements and data availability for domain-specific solutions to management.
• Keep abreast of industry best practices and technologies and lead implementation thereof to optimise effective and efficient data pipelines and services.
• Impart knowledge of the technical environment to other data engineers, systems development, database administrator, infrastructure and enterprise architecture and enterprise information management teams.

QUALIFICATIONS

Job requirements

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

• a Bachelor’s degree (NQF 7) in Computer Science, Engineering, Mathematics, Information Management, Technology or an equivalent qualification; and
• five to eight years’ experience in building, maintaining and optimising data pipelines and services.

Additional requirements include:

• ability to write clean, maintainable, scalable, and robust code in object-oriented language, e.g., Python, Scala, Java, in a professional setting;
• proven experience building data pipelines in production for advanced analytics use cases;
• experience working across structured, semi-structured and unstructured data;
• experience with database technologies such Microsoft SQL Server, Oracle Database, MySQL, PostgreSQL, IBM Db2 and NoSQL;
• familiarity with distributed computing frameworks (e.g. Spark, Dask) cloud platforms (e.g. AWS, Azure, GCP, containerization, and analytics libraries (e.g. pandas, NumPy, matplotlib);
• familiarity with time-series and graph database types and related technologies (Druid, InfluxDB, Neo4J, etc.) would be considered a plus;
• practical knowledge of software engineering concepts and best practices, including DevOps, Development Security and Operations and Data Operations, would be considered a plus;
• ability to scope projects, define workstreams and effective lead, and mentor more junior colleagues;
• continuous improvement knowledge and skill;
• industry, organisational and business awareness, knowledge and skill;
• quality assurance knowledge and skill;
• business continuity planning knowledge and skill;
• information technology (IT) enablement planning knowledge and skill;
• IT transformation and innovation knowledge skills;
• release management knowledge and skill;
• infrastructure design and development knowledge and skill;
• workload estimation knowledge and skill;
• technical analysis knowledge and skill;
• systems integration knowledge and skill;
• IT governance knowledge and skill; and
• continued learning and/or professional development knowledge and skill.

Senior Information Management Specialist – BSTD

Brief description

The main purpose of this position is to lead, coordinate and integrate information management practices andbusiness processes within the Enterprise Information Management (EIM) Centre of Excellence (CoE) for the South African Reserve Bank (SARB) Group to support reliable and effective decision making.

Detailed description

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

• Take responsibility for business-as-usual (BAU) resource planning and management to ensure the effective delivery and business continuity to balance demand and supply for work completed by various projects.
• Establish and lead the data management working groups in the various departments.
• Lead the development and maintenance of the EIM Service Catalogue.
• Monitor, measure and manage the service level agreements associated with approved EIM service requests. 
• Determine and identify data management deliverables, resources and skills requirements as well as data-related technologies to meet business demands and associated budgets.
• Drive the improvement of data management literacy within the SARB Group by ensuring the development and training of stakeholders.
• Develop business continuity and recovery plans for implementation during outages and disasters.
• Establish and lead the EIM Change Advisory Board to manage and evaluate the data-related change across the SARB Group.
• Manage and coordinate the overall Data Management Maturity assessment within the SARB against best practices.
• Coordinate and manage the development of standards, frameworks, guidelines, processes and procedures across the various data management capabilities within the SARB Group.
• Develop and manage stakeholder relations effectively to promote data management awareness across the organisation and support reliable decision-making.
• Provide integrated reporting in relation to EIM operations including, but not limited to, governance structures, projects, demand management and BAU.

QUALIFICATIONS

Job requirements

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

• an honours’ degree (NQF 8) in Informatics, Computer Science, Management Information Systems, Computer Engineering or a related field of study or an equivalent qualification;
• a relevant data management certification (e.g. CDMP Practitioner) will be an added advantage; and
• 8 to10 years’ experience in the field of data and information management.

Additional requirements include knowledge and skill in:

• industry, organisational and business awareness;
• continuous learning and/or professional development;
• quality assurance;
• continuous improvement; 
• business continuity planning;
• information management strategy;
• enterprise information management legislation, governance, risk and compliance;
• enterprise information reporting;
• enterprise information management project management;
• change management;
• information management;
• enterprise information management skills development;
• contract and associated service management;
• enterprise information management financial management;
• business intelligence software such as MicroStrategy, Pyramid, OBISS, MicroSoft Power BI;
• ETL development and maintenance with SSIS, IBM data stage, Oracle ODI, PL/SQL & T/SQL stored procedures and complex SQL queries;
• deployment of big data environments (e.g. HADOOP, SPARK, NoSQL, Informatica, SAS, ERWIN and Teradata);
• business intelligence; and
• capacity and performance management.

Team Leader – ERD

Brief description

The main purpose of this position is to supervise administrative support processes and ensure that quality services are duly provided in support of the operations of the Economic Research Department (ERD) at the South African Reserve Bank (SARB).

Detailed description

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

• Plan and allocate work, supervise quality and facilitate the delivery of section-specific outputs. 
• Lead the administration team, ensuring that administrative support services are duly provided, including but not limited to correspondence, records management, internal liaison, training coordination and reporting. 
• Ensure adherence to controls and that work is performed within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines. 
• Coordinate various administrative and financial functions within the Management Support Unit, including but not limited to risk and compliance management processes as well as operational and strategic risk matrices, and monitor audit findings. 
• Compile (annual) and monitor (monthly) the budget for the department, control monthly expenditure against budgeted item lines and process invoices. 
• Lead and participate in internal and external stakeholder engagements. 
• Ensure accurate reporting of relevant sectional information. 
• Fulfil the team leadership function pertaining to on-the-job training, development and performance of the team.

QUALIFICATIONS

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

• a National Diploma (NQF 6) in Administration or Finance or an equivalent qualification; 
• a minimum of five to eight years of experience in general administration, financial administration or support, with supervisory experience; and 
• some knowledge of an electronic document management system. 

Additional requirements include:

• industry, business and organisational knowledge and skill; 
• quality assurance; 
• continuous improvement; 
• continuous learning and professional development; 
• administrative planning, information management, service delivery, data capturing, reporting, research and inventory management; 
• business continuity planning; 
• office administration; 
• legislation, governance as well as risk and compliance; 
• multi-tasking abilities; 
• proficiency in English (both verbal and written); and
• proficiency in MS Office (i.e. MS Word, Excel and PowerPoint) and other related software packages 

Corporate Governance – ExMan

Brief description

The main purpose of this position is to provide corporate governance services and monitor compliance in order to contribute to the holistic corporate governance landscape within the South African Reserve Bank (SARB) by ensuring that statutory requirements are met and the SARB Board of Directors (Board), executive committees and panels are assisted in discharging their obligations according to the SARB Act 90 of 1989, as amended, together with its regulations.

Detailed description

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

• Lead strategic thinking for the Company Secretariat’s corporate governance and regulatory compliance services to ensure that the SARB’s compliance with the requirements of the SARB Act, Banks Act 94 of 1990 (Banks Act), Companies Act 71 of 2008, King IV™ Report on Corporate Governance for South Africa, 2016, the Financial Sector Conduct Authority (FSCA), the Prudent Authority (PA), and the SARB’s governance policies, procedures and processes.
• Develop a corporate governance and regulatory compliance framework and advise the Board and its committees in respect of procedural and compliance issues on statutory duties, obligations, powers and amendments of laws, regulations, rules, codes and standards affecting the SARB.
• Assist in drafting the corporate governance report and reporting any failure to comply with such law or legislation and monitor remedial actions.
• Prepare, administer, collate, analyse, report and monitor the implementation of corrective action in respect of compliance with the Banks Act.
• Facilitate the certifying of the SARB Annual Report and financial statements after the approval by the Board.
• Manage the share transfer system and register and transfer forms.
• Facilitate the annual declaration of conflict of interest and personal interest and the reporting on disclosures.
• Monitor updates and approvals of changes to policies, delegations of authority, terms of reference, Board charters and the memorandum of articles.
• Facilitate the training and development of directors and the annual assessment to evaluate the Board and its committees. 
• Assist with services relating to the appointment and remuneration of Board members.
• Apply the provisions of the SARB Act and its regulations in all due processes.

QUALIFICATIONS

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

• a minimum of a Bachelor’s degree (NQF 7) in Law, Economics, Commerce, Accounting, Finance, Risk, Compliance or an equivalent qualification;
• a minimum of 8 to 10 years’ relevant work experience; and
• a Charted Governance Institute of South Africa qualification (for Chartered Secretaries) or relevant equivalent qualification (would be an added advantage).

Additional requirements include:

• industry, business and organisational knowledge and skill; 
• quality assurance knowledge and skill;
• continuous learning and/or professional development knowledge and skill;
• company secretariat knowledge and skill;
• knowledge of the SARB Act and regulations, policies and procedures framed in terms of the SARB Act;
• knowledge of the Constitution Act 108 of 1996;
• computer literacy skills;
• knowledge of financial matters; and
• managerial competencies.

Team Leader: Conference Centre – CSD

Brief description

The main purpose of this position is to provide team leadership to the Conference Centre Team in the provision of hospitality services at the SARB Conference Centre to internal and external stakeholders.

Detailed description

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

• Plan work for self and others to ensure that work allocated is completed within set time and defined standards. 
• Supervise and guide the delivery and task execution by the team within the conference centre services function of the SARB ensuring food cost control as well as quality food services and standards.
• Supervise the administration of service requests including cost recoveries and charges.
• Manage the reservation system and ensure accuracy of booking information.
• Coordinate scheduled maintenance and report malfunctioning equipment to ensure continuous service delivery.
• Procure the hospitality commodities and services for conference centre services within hospitality section.
• Compile and provide manager and senior personal in the department with monthly opex budget variance report and the quarterly forecasting report.
• Plan, co-ordinate and supervise stock-take as well as manage stock levels to minimise stock holding. 
• Supervise adherence to food safety and hygiene standards in accordance with relevant standards and legislations.
• Stay current with developments within hospitality industry and advise on new products and/or services in the market. 
• Identify and propose and implement improvements to methods, practices, procedures and processes.
• Lead engagements with internal, including events coordination and customer satisfaction and external stakeholders (outsourced partners) to ensure efficient and effective service delivery.
• Compile and provide management information through periodic integrated reporting to manager and other senior personnel in the department. 
• Manage the performance and development of team members. 
• Manage the operational performance of outsourced services ensuring adherence to contractual obligations.
• Plan and execute adhoc functions and events hosted in the conference centre.

QUALIFICATIONS

Job requirements 

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

• a National Diploma in Hospitality Management (NQF6) with specialisation in Events Management OR equivalent; and
• five to seven’ experience in events and catering environment.

Additional requirements include:

• Hospitality services planning knowledge and skill     
• Hospitality services legislation and governance, risk and compliance knowledge and skill                        
• Hospitality service delivery knowledge and skill             
• Events management knowledge and skill                
• Hospitality services reporting knowledge and skill    
• Hospitality services information management knowledge and skill 
• Verbal and written Communication skills
• Planning and organising
• Promoting team work
• Service & Stakeholder Focus
• Judgement and decision making
• Driving results
• Growing and developing others
• Analysis and problem solving; and 
• Resilience

Associate Bank Analyst (Capital Management) PSISD

Brief description

The main purpose of this position is to ensure that the Prudential Authority (PA) can discharge its responsibilities arising from its mission insofar as capital management is concerned. 

 Detailed description

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

• Review, analyse and evaluate banks’ internal capital-adequacy assessment process.
• Review, analyse and evaluate market infrastructures’ internal capital-adequacy assessment process.
• Review and evaluate financial entities’ recovery plans.
• Analyse and interpret risk-based regulatory returns for regulated entities.
• Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990), in line with international best practice.
• Interpret and develop amendments to the legislative framework, based on international best practices.
• Contribute towards the international capital framework working committees.
• Develop and implement the supervisory review and evaluation process, in line with international best practice. 

QUALIFICATIONS

Job requirements

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

• a postgraduate qualification (NQF 8) specialising in Accounting, Auditing, Banking,  Insurance, Finance, or Risk Management; and 
• at least two to five years’ experience in the finance sector or risk management environment.

The following would be an added advantage:

• a Chartered Accountant (CA(SA)) qualification;
• being a Chartered Financial Analyst (CFA);
• being a Financial Risk Manager (FRM);  
• membership of the Actuarial Society of South Africa (ASSA); and
• practical experience in a financial and/or business environment.

Additional requirements include: 

• an ability to travel as and when required;
• knowledge of and experience in financial or banking products, regulations or risk models; 
• being conversant in the second Pillar of the Basel III framework at both theoretical and practical levels;
• keeping abreast of best practice in capital management; 
• an understanding of the Basel III framework regarding the definition of capital and leverage ratio; 
• be conversant in the Financial Markets Act 19 of 2012 and its Regulations;
• a high level of knowledge, skills and experience in relevant areas of specialisation; 
• ability to work in a team and independently; 
• effective time management skills; 
• proficiency in verbal communication; and
• competence in written communication. 

Bank Analyst -BISD

Brief description

The purpose of this position is to perform prudential oversight on designated registered banking entities through a combination of on-site and off-site monitoring, analyses and supervision, thereby contributing to the financial and governance soundness of financial institutions.

Detailed description

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

• Assess and understand the strategy and business model of the bank.
• Analyse and form a supervisory view of the risks facing the bank and the impact thereof on its risk profile.
• Analyse and assess the adequacy and appropriateness of business and risk management practices applied by the bank and compare it against industry best practices.
• Analyse and assess the evolving economic and operating environment and the impact thereof on the bank’s risk profile.
• Identify and monitor emerging risks to the banking sector in general and the bank in particular.
• Assess compliance with the Banks Act 94 of 1990, Co-operative Banks Act 40 of 2007, Mutual Banks Act 124 of 1993 and the Regulations relating to Banks.
• Prepare detailed reports based on the outcome of the analysis performed.
• Prepare detailed formal feedback to banks following on-site reviews and meetings held with banks’ management, executives and board members.
• Plan, arrange, prepare for and conduct meetings.
• Present the outcome of ongoing analyses and supervisory assessments to representatives of the bank. 
• Maintain permanent electronic records in respect of the bank.
• Undertake ad hoc projects as assigned by management.
• Undertake frequent, often high-level liaison with the bank and other interest groups, such as the external auditors of the bank.

QUALIFICATIONS

Job requirements

To be considered for this position, candidates must have:

• a Postgraduate qualification (NQF 8)  in Commerce, Economics, Finance, Compliance Management, Risk Management, or Accounting; 
• five to eight years’ experience in the banking sector, finance sector, regulatory sector, or risk management environment; and
• a chartered accountant CA(SA) or Associate General Accountant AGA (SA) qualification would be an added advantage.

Additional requirements include:

• knowledge and understanding of:
• financial reporting standards;
• business protocol;
• business models applied by banks and the financial and operating environment of banks;
• relevant risk management standards and practices;
• legislation relating to banks;
• the banking system, financial and banking products, regulations and risk models;
• the Basel Committee on Banking Supervision’s (BCBS) capital framework and the Basel Core Principles at a theoretical level;
• prudential supervision and the supervisory framework applied in South Africa; and
• key issues facing banks;
• skills in analysing the business of banks;
• innovative problem-solving skills;
• strong analytical, verbal and writing skills and proficiency in verbal and written communication; and
• good interpersonal skills.

Associate Bank Analyst – PSISD

Brief description

The main purpose of this position is to ensure that the Prudential Authority (PA) can discharge its responsibilities arising from its mission insofar as Pillar 3 Disclosures are concerned. 

Detailed description

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

• Review, analyse and evaluate regulated institutions (banks and insurers) with regard to Pillar 3 Disclosures.
• Review and evaluate financial entities’ disclosure process for compliance with legislation requirements.
• Analyse and interpret risk-based regulatory returns and reconcile them with the Pillar 3 reported disclosures for regulated entities.
• Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990,  Insurance Act 18 of 2017), in line with international best practice.
• Interpret and develop amendments to the legislative framework, including the development of regulatory instruments (directives and standards), based on international best practices.
• Contribute towards the international and local Disclosure framework working committees.
• Contribute to the development and implementation of the supervisory review and evaluation process in respect of Pillar 3, in line with international best practice. 
• Develop and implement the supervisory framework in relation to Pillar 3 Disclosures for banking and  insurance. 
• Report on the compliance of the entities to the Pillar 3 legislation. 

QUALIFICATIONS

Job requirements

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

• a postgraduate qualification (NQF 8) specialising in Accounting, Auditing, Banking,  Insurance, Finance, or Risk Management; and 
• at least two to five years’ experience in the finance sector or risk management environment.

The following would be an added advantage:

• a Chartered Accountant (CA(SA)) qualification;
• being a Chartered Financial Analyst (CFA)
• being a Financial Risk Manager (FRM);
• membership of the Actuarial Society of South Africa (ASSA); and
• practical experience in a financial and/or business environment.

Additional requirements include: 

• knowledge of and experience in financial, banking or  insurance products, regulations or risk models; 
• being conversant in the second Pillar of the Basel III framework at both theoretical and practical levels;
• keeping abreast of best practice in capital management; 
• an understanding of the Basel III framework regarding the definition of capital and leverage ratio; 
• be conversant in the  Insurance Act 18 of 2017 and its Prudential Standards as well as the information for supervisory purposes submitted by the  insurance industry;
• an understanding of the  Insurance Core Principles, Guidance and Assessment Methodology;
• be conversant in the Financial Markets Act 19 of 2012 and its Regulations;
• a high level of knowledge, skills and experience in relevant areas of specialisation; 
• ability to work in a team and independently; 
• effective time management skills; 
• proficiency in verbal communication; and
• competence in written communication.

Divisional Head: Money and Banking – ESD

Job title: Senior Manager

Location: Head Office, Pretoria

Organisation: Money and Banking Unit

Department: Economic Statistics Department

Brief description

The main purpose of this position is to provide leadership and strategic direction in developing and providing an extensive set of high-quality economic statistics pertaining to money and banking compliant with international guidelines (i.e. Monetary and Financial Statistics Manual and Compilation Guide) and to conduct in-depth analysis and research in this specialised field.

Detailed description

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

Provide managerial leadership in alignment with the objectives of the Economic Statistics Department (ESD) and the South African Reserve Bank (SARB) while ensuring cross-functional coordination.
Determine and clarify roles and performance expectations, manage performance and support career development within the unit.
Develop, implement and manage the unit’s operational plan that is aligned with the departmental strategic plan and the SARB’s strategic focus areas.
Identify and mitigate risks related to the monetary statistics and money market function and ensure compliance with the relevant governance frameworks, policies, procedures and legislative requirements.
Ensure compliance with the relevant international and related methodological guidelines and manuals in the compilation of statistics, in line with best practices.
Ensure the timely delivery of high-quality economic statistics in this specialised field within the integrated economic accounts framework.
Conduct an overview of the integration of statistical data and ensure quality control on data, economic reviews and research.
Provide guidance on methodological research to ensure the continual improvement of the delivery and functioning of the money and banking statistics function of the ESD.
Lead and participate in internal and external stakeholder engagements, displaying the ability to solicit information as well as deliver a coherent and convincing message which includes:
leading and participating in strategic and technical inter-governmental/agency statistical platforms/forums;
addressing the media and other stakeholders as required on statistical issues;
presenting to the Monetary Policy Committee;
formulating and defending South Africa’s position on methodological issues in domestic and international forums;
participating in the drafting of, or commenting on economic statistics manuals to render globally comparable economic statistics; and
leading and participating in relevant investigations on this specific subject matter where necessary and providing recommendations.
QUALIFICATIONS
To be considered for this position, candidates must be in possession of:

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a Master’s degree in Economics or Statistics or an equivalent qualification;
a Doctorate in Economics would be an added advantage; and
at least 10 years’ experience in the field of economic analysis and/or financial economics, with a minimum of five years in a managerial role.
Additional requirements include:

knowledge and skill in:
industry, business and organisational awareness;
quality assurance;
continuous improvement;
economic and/or money and banking statistics analysis principles, theories, practices, methodologies and tools;
economic and/or money and banking statistics review; and
economic and/or money and banking statistics research;
developing and managing relationships;
having impact and influence;
leading change;
building capacity;
establishing focus;
participating in strategic thinking;
showing a strong drive for results;
managing complexity and ambiguity; and
displaying self-awareness.

Technician – Mechanical

Brief description

The main purpose of this position is to manage the maintenance of the mechanical subsystems and heating, ventilation and air conditioning (HVAC) installations at the Durban Cash Centre of the South African Reserve Bank (SARB).

Detailed description

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

• Engage in planning and perform tasks independently in accordance with set standards and engineering principles.
• Perform specialist diagnoses for sub- and integrated systems by applying set or modified techniques within a defined context.
• Coordinate preventative and corrective maintenance in the sub- and integrated systems or equipment and report on possible component failure to enhance system capability.
• Select, apply and review best-testing procedures and tools for all maintenance and project work.
• Interpret work instructions and basic drawings pertaining to construction, HVAC, alterations/modifications, enhancement maintenance and specialist projects.
• Apply national and international standards to comply with health and safety requirements.
• Manage the quality assurance process on work done by internal resources and external service providers for adherence to industry requirements and report to the team leader on the work done.
• Prepare and submit weekly reports on the non-conformance in work and techniques used by artisans or contractors.
• Engage positively with stakeholders and clients, including handling clients’ complaints and compliments.
• Address any gaps in own performance of tasks and activities against the required standards.

QUALIFICATIONS

To be considered for this position, candidates must have:

• completed a national trade test in air-conditioning and/or refrigeration systems (essential).
• an N6 or NQF 6 technical certificate or an equivalent qualification;
• three to five years of experience in a technical trade environment; and
• a valid driver’s licence.

Additional requirements include:

• being conversant in the dynamics of a commercial office environment;
• working experience of maintaining a centralised chiller system;
• knowledge of:
• general building maintenance procedures;
• the reading of floor plans, HVAC and civil drawings;
• the Occupational Health and Safety Act 85 of 1993 and its regulations; and
• risk management related to occupational health and safety;
• problem-solving skills;
• computer literacy (i.e. the Microsoft Office suite); 
• good verbal and written communication skills; and
• being on standby to attend to any related faults after hours, on weekends and public holidays.

Lead Actuarial Analyst -RSD

The purpose of this position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of actuarial risks in  insurance entities. The successful candidates – one position for life actuarial and one position for non-life actuarial – will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA responsible for providing specialist knowledge, skills and experience in the life and non-life actuarial risk management area.

The purpose of this position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of actuarial risks in  insurance entities. The successful candidates – one position for life actuarial and one position for non-life actuarial – will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA responsible for providing specialist knowledge, skills and experience in the life and non-life actuarial risk management area.

Detailed description

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

• Lead, develop and provide specialist actuarial support with regard to technical provisions reviews.
• Lead, develop and provide specialist actuarial support with regard to further refinements of the solvency assessment and management (SAM) framework.
• Provide actuarial support concerning both solo and group entities including, but is not limited to, the following:
  • scrutinising the financial soundness of life and non-life insurers;
  • participation in on-site visits to insurers; and 
  • the consideration of internal model approvals.
• Scrutinise and check the compliance of submissions by insurers.
• Assist in maintaining the statutory returns required by regulated entities. 
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

QUALIFICATIONS

To be considered for this position, candidates must:

• be a Fellow of the Actuarial Society of South Africa (FASSA); and 
• have at least 10 to 12 years’ experience that include at least three years of relevant post-qualification working experience in the  insurance industry. 

Job-related attributes:

• good communication (verbal and written) skills;
• ability to perform under pressure without compromising quality;
• ability to work independently and within a team in a leadership role;
• good interpersonal skills; 
• proactive problem-solving skills;

Job-related skills and knowledge:

• experience in SAM;
• computer literacy (preferably including programming skills);
• ability to perform and understand technical provisions reserving;
• ability to understand complex financial models; and
• ability to deal professionally with internal and external clients.

Additional requirements include: 

• knowledge of the  Insurance Act 18 of 2017; 
• knowledge of the Prudential Standards;
• knowledge of International Financial Reporting Standards (IFRS) 17; 
• knowledge of the risks that insurers take;
• ability to influence, build and maintain relationships; and
• reliable own transport as the position requires travel between the PA’s offices in Pretoria and the offices of supervised entities located elsewhere. 

IT Service Desk Manager – BSTD

Brief description

The main purpose of this position is to manage the daily operations and activities of the South African Reserve Bank (SARB) Information Technology (IT) Service Desk.

Detailed description

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

• Manage the daily operations and activities of the SARB IT Service Desk to ensure that all IT service requests and incidents are addressed in a timely and efficient manner to maintain an exceptional customer service record.
• Develop and drive the implementation of standard operating procedures (SOPs) for the IT Service Desk.
• Develop and manage the implementation of process improvement plans.
• Take responsibility for the IT Service Desk data analytics, reporting and procedure documentation.
• Monitor, measure and enforce governance and compliance to IT service standards.
• Drive the employee self-service and overall automation agenda as part of the continuous improvement in the IT Service Desk environment.
• Build and manage key external and internal stakeholder relationships to ensure the delivery of quality service.
• Participate in broader departmental/divisional projects to contribute towards the SARB’s business objectives.
• Manage the performance of the third-party service provider in line with the business requirements and service standards.
• Monitor and control the quality of the services provided by contractors as well as provide coaching where necessary.
• Manage the training and development of the IT Service Desk team.
• Provide input to resource planning, cost estimation, budget development and cost control.

QUALIFICATIONS

Job requirements

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

• a minimum of a Bachelor’s degree (NQF 7) in computer science, information

systems or an equivalent qualification;

• ITIL Foundation certification in IT service management; and
• a minimum of 5–7 years’ experience in an IT environment.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and/or professional development;
• IT enablement planning; and
• service management;
• skills in:
• infrastructure support;
• operations; and
• IT reporting; and 
• management of third-party service providers. 

Click here to apply

All the best with your applications.

Brief description

The main purpose of this position is to manage the daily operations and activities of the South African Reserve Bank (SARB) Information Technology (IT) Service Desk.

Detailed description

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

• Manage the daily operations and activities of the SARB IT Service Desk to ensure that all IT service requests and incidents are addressed in a timely and efficient manner to maintain an exceptional customer service record.
• Develop and drive the implementation of standard operating procedures (SOPs) for the IT Service Desk.
• Develop and manage the implementation of process improvement plans.
• Take responsibility for the IT Service Desk data analytics, reporting and procedure documentation.
• Monitor, measure and enforce governance and compliance to IT service standards.
• Drive the employee self-service and overall automation agenda as part of the continuous improvement in the IT Service Desk environment.
• Build and manage key external and internal stakeholder relationships to ensure the delivery of quality service.
• Participate in broader departmental/divisional projects to contribute towards the SARB’s business objectives.
• Manage the performance of the third-party service provider in line with the business requirements and service standards.
• Monitor and control the quality of the services provided by contractors as well as provide coaching where necessary.
• Manage the training and development of the IT Service Desk team.
• Provide input to resource planning, cost estimation, budget development and cost control.

QUALIFICATIONS

Job requirements

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

• a minimum of a Bachelor’s degree (NQF 7) in computer science, information

systems or an equivalent qualification;

• ITIL Foundation certification in IT service management; and
• a minimum of 5–7 years’ experience in an IT environment.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and/or professional development;
• IT enablement planning; and
• service management;
• skills in:
• infrastructure support;
• operations; and
• IT reporting; and 
• management of third-party service providers. 

Click here to apply

All the best with your applications.