South African Reserve Bank Job Vacancies

South African Reserve Bank Job Vacancies
Location: South Africa
Posted: August 13, 2024
Category: State-Owned Entities, Administration


1. Lead Enterprise Architect

Purpose:
The Lead Enterprise Architect at the South African Reserve Bank (SARB) aligns IT strategy with business goals, enabling technology decisions that balance current operational demands with long-term strategic vision.

Key Responsibilities:

  • Provide guidance on technology roadmaps, standards, and best practices that support SARB’s strategic goals.
  • Manage senior client relationships regarding architecture and optimization.
  • Analyze departmental strategies and their impact on business operations.
  • Define and optimize strategies across various domains (data, applications, technology, business, solutions).
  • Plan, monitor, and guide the development of solutions within the department.
  • Act as a trusted advisor to senior management on technology strategy.
  • Manage risks associated with architecture, both internally and externally.
  • Develop business-oriented implementation roadmaps aligned with business strategies.
  • Ensure methodologies and analytical tools comply with international guidelines and practices.

Qualifications:

  • Master’s degree in Computer Science, Engineering, Mathematics, Information Management, Technology, or related fields.
  • 10–12 years of experience across multiple architecture domains (e.g., business, data, applications).
  • Leadership experience in managing large, cross-functional teams and influencing senior stakeholders.
  • Knowledge of holistic enterprise architecture and business re-engineering principles.

Additional Requirements:

  • Experience in developing technology strategies that optimize investment.
  • Understanding of complex, cross-organizational architectures.
  • Ability to communicate effectively with business leaders.
  • Awareness of emerging technologies and their impact on strategy.

Personal Attributes:

  • Strong written and verbal communication skills.
  • Excellent presentation and interpersonal skills.
  • Ability to convey technical ideas in user-friendly language.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


2. Associate Economic Statistician

Purpose:
The Associate Economic Statistician at SARB supports economic analysis by applying statistical methods to financial and economic data, aiding in policy-making.

Qualifications:

  • Honours degree in Economics, Statistics, Data Science, or related fields, with an accounting background.
  • Minimum of two years of experience in economic analysis, research, and financial economics.
  • Proficiency in English and Microsoft Office applications.

Additional Skills:

  • Ability to program in “R” or Python is advantageous.
  • Affinity for statistics and economic analysis.
  • Knowledge of international statistical manuals.
  • Ability to work independently and as part of a team.
  • Strong analytical, report writing, and problem-solving skills.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


3. Solution Architect (1FinSurv Programme)

Purpose:
The Solution Architect is responsible for developing and implementing architectural designs that align with SARB’s business goals, particularly within the Financial Surveillance Transformation Programme.

Key Responsibilities:

  • Develop and govern solution architectures across projects.
  • Ensure alignment between enterprise architecture, solution architecture, and ICT standards.
  • Review and quality-assure developed solutions.
  • Contribute to product evaluations and ICT standards optimization.

Qualifications:

  • Honours degree in Informatics, Computer Science, Engineering, or related fields.
  • Minimum of eight years’ experience in application analysis, architecture, and design.

Additional Requirements:

  • Relevant experience in the payments ecosystem, SWIFT, and ISO 20022.
  • Certifications in TOGAF, ArchiMate 3, UML, BPMN, and OCP.
  • Strong understanding of DevSecOps, container design, and system integration.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


4. Learning and Development Consultant – SARB Academy

Purpose:
The Learning and Development Consultant partners with SARB departments to design and implement learning interventions that enhance business performance and central bank knowledge.

Key Responsibilities:

  • Contribute to the SARB learning and development strategy.
  • Design and develop fit-for-purpose learning interventions.
  • Conduct research and curriculum design for central banking skills.
  • Enhance learning experiences with digital tools and strategic partnerships.
  • Evaluate the impact of learning programs and compile improvement reports.

Qualifications:

  • Honours degree in Banking, Economics, Education, Finance, or equivalent.
  • 5–8 years of experience in learning and development consulting, instructional design, or facilitation.
  • 3–5 years of experience in economics or financial sectors.

Additional Requirements:

  • Strong understanding of central banking and corporate learning.
  • Proficiency in blended learning methodologies and digital platforms.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


5. Security Control Officer

Purpose:
The Security Control Officer manages and supervises security operations at SARB’s Durban Cash Centre, ensuring compliance with security protocols and legislation.

Key Responsibilities:

  • Oversee the facilities protection function.
  • Conduct security inspections and assessments.
  • Monitor compliance with security policies and procedures.
  • Manage firearms assignments and ensure operational staff are fit for duty.
  • Provide administrative support and performance management for security staff.

Qualifications:

  • Diploma in Security Management or equivalent.
  • Minimum of five years’ experience in a national key point security environment.
  • PSIRA Grade B certificate.

Additional Requirements:

  • Strong leadership skills and ability to manage security teams.
  • Proficiency in emergency response and incident management.
  • Ability to work shifts and handle firearms.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


6. Senior Economic Statistician

Location: Pretoria, Head Office
Department: Economic Statistics Department

Purpose:
The Senior Economic Statistician is responsible for analyzing and reporting on statistical and economic trends relevant to monetary policy.

Key Responsibilities:

  • Analyze economic indicators and trends.
  • Develop and maintain the statistical database.
  • Compile Economic Flash Reports and provide in-depth analysis.
  • Conduct research on economic indicators.
  • Provide guidance and training to junior staff.

Qualifications:

  • Honours degree in Economics, Econometrics, Statistics, Data Science, or related fields.
  • At least eight years of experience in economic or statistical analysis.

Additional Requirements:

  • Proficiency in EViews, R, or Python.
  • Strong analytical, problem-solving, and report-writing skills.
  • Ability to manage projects and work under pressure.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


7. Analytics Support Specialist

Purpose:
The Analytics Support Specialist builds, supports, and optimizes BI analytical solutions across SARB, ensuring adherence to best practices and standards.

Key Responsibilities:

  • Implement data and analytics standards across SARB.
  • Develop and maintain BI solutions and reports.
  • Provide technical support and ensure solution availability.
  • Enhance and optimize BI solutions for long-term performance.
  • Train business users on analytical solutions and technologies.

Qualifications:

  • Bachelor’s degree in Computer Science, Engineering, Mathematics, Information Management/Technology, or equivalent.
  • 5–8 years of experience in BI solutions development on SAS, Microsoft Power BI, and other BI tools.

Additional Requirements:

  • Experience with Python, R, and cloud platforms (AWS, GCP, Azure) is advantageous.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


8. Developer X2

Purpose:
The Developer supports the development and maintenance of BI solutions to meet SARB’s business needs, under the guidance of senior developers.

Key Responsibilities:

  • Engage in short-term planning and quality BI solution development.
  • Maintain and support BI solutions, ensuring business continuity.
  • Stay updated on ICT developments and trends.
  • Collaborate with stakeholders to ensure business benefits.

Qualifications:

  • National Diploma in Information Technology (IT) or equivalent.
  • BI certification with 2–5 years of experience in BI solutions development.

Additional Requirements:

  • Strong knowledge of BI solution design, development, and maintenance.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


9. Associate Policy Analyst

Purpose:
The Associate Policy Analyst assists in developing regulatory frameworks and conducting research to support the Prudential Authority’s (PA) policy development.

Key Responsibilities:

  • Conduct research on international best practices to inform South Africa’s regulatory framework.
  • Participate in industry and regulator engagements.
  • Provide input into policy development, focusing on the insurance regulatory framework.

Qualifications:

  • Postgraduate qualification in Law, Finance, Economics, or equivalent.
  • 2–5 years of experience in policy research, regulatory drafting, or financial sector analysis.

Additional Requirements:

  • Understanding of prudential supervision and international regulatory standards.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


10. Endpoint Security Administrator

Purpose:
The Endpoint Security Administrator provides technical support, administers, and maintains endpoint security solutions for the SARB Group.

Key Responsibilities:

  • Perform daily health checks on endpoint security technologies.
  • Provide first-level support for cybersecurity solutions.
  • Diagnose and resolve security incidents.
  • Maintain technical documentation and back-ups.
  • Report on security metrics and updates.

Qualifications:

  • NQF5 qualification or higher in Cyber/Information Security.
  • Relevant security certifications (e.g., Microsoft, Symantec, Sophos).
  • Minimum of two years’ experience in IT, with exposure to IT security.

Additional Requirements:

  • Availability for 24-hour standby support.
  • Strong analytical and problem-solving skills.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


11. Endpoint Security Operations Specialist

Purpose:
The Endpoint Security Operations Specialist implements and supports cybersecurity tools and solutions for the SARB Group.

Key Responsibilities:

  • Develop and maintain IT security standards and procedures.
  • Identify and mitigate IT security threats and vulnerabilities.
  • Administer IT security systems and solutions.
  • Provide IT security metrics for decision-making.
  • Troubleshoot security incidents and participate in IT security audits.

Qualifications:

  • Bachelor’s degree in Information Technology (NQF 7) or equivalent.
  • Relevant certifications (e.g., GCIH, CEH, CISSP).
  • 8–10 years’ experience in IT, with at least three years in IT security.

Additional Requirements:

  • Proficiency in troubleshooting security platforms and devices.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


12. Associate Prudential Supervisory Framework Analyst

Purpose:
The Analyst develops and refines supervisory frameworks to ensure effective supervision of Prudential Authority (PA)-regulated financial institutions.

Key Responsibilities:

  • Conduct research on regulatory frameworks and assess their applicability to the PA.
  • Develop and refine PA supervisory guidelines.
  • Participate in quality assurance reviews and environmental scanning projects.
  • Engage with PA stakeholders and contribute to continuous improvement processes.

Qualifications:

  • Bachelor’s degree in Commerce, Compliance, Law, or equivalent.
  • 5 years’ experience in internal auditing, compliance, regulation, or quality assurance.

Additional Requirements:

  • Strong understanding of regulatory and supervisory frameworks.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


13. Business Analyst

Purpose:
The Business Analyst provides end-to-end business analysis services to SARB departments, identifying business needs and determining solutions.

Key Responsibilities:

  • Drive business analysis initiatives for projects of low to medium risk.
  • Facilitate workshops and consult with stakeholders on business requirements.
  • Analyze business processes and identify solutions.
  • Develop supporting business cases and manage change requirements.

Qualifications:

  • Honours degree in Information Technology (IT) or equivalent.
  • Relevant Business Analysis certification with 5–8 years of experience.

Additional Requirements:

  • Proficiency in business analysis practices, methodology, and tools.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


14. Governance Risk and Compliance Manager

Purpose:
The Manager facilitates the identification and management of strategic, operational, and specialist risks in SARB’s Corporate Services Department (CSD).

Key Responsibilities:

  • Develop risk management plans and provide input into group risk management policies.
  • Maintain business continuity plans and scan for emerging risks.
  • Develop reporting frameworks and identify changes in applicable legislation.
  • Track progress on risk response strategies and conduct operational risk assessments.

Qualifications:

  • Honours degree (NQF8) in Risk Management.
  • 8–10 years of experience in risk and compliance management.

Additional Requirements:

  • Strong knowledge of governance, risk, and compliance.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


15. End-User Computing Architect

Purpose:
The Architect researches, designs, and oversees the deployment of end-user computing architectures within the SARB Group.

Key Responsibilities:

  • Recommend end-user computing solutions aligned with business strategy.
  • Develop architecture blueprints and roadmaps.
  • Oversee implementation and provide expert guidance on end-user computing.
  • Manage the lifecycle and governance of end-user computing solutions.

Qualifications:

  • Honours degree (NQF 8) in Information Technology, Computer Science, or equivalent.
  • 8–10 years of experience in end-user computing architecture.
  • TOGAF certification.

Additional Requirements:

  • Proficiency in cloud services and architecture troubleshooting.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


16. Accounts Clerk – Planning

Purpose:
The Accounts Clerk is responsible for performing budgeting and accounting duties, ensuring compliance with SARB policies and standards.

Key Responsibilities:

  • Perform budgeting duties, including compiling and consolidating the SARB budget.
  • Assist with financial modeling and general accounting duties.
  • Engage with stakeholders to provide transaction-related information.
  • Continuously improve work methods and practices.

Qualifications:

  • Bachelor’s degree/Advanced Diploma in Accounting (NQF 7) or equivalent.
  • Minimum of two years of experience in a financial services environment.

Additional Requirements:

  • Newly qualified Chartered Accountants are encouraged to apply.

Note: Preference will be given to candidates from designated groups. People with disabilities are encouraged to apply.


The South African Reserve Bank (SARB) is committed to diversifying its workforce. Remuneration and benefits are aligned with market standards and are commensurate with the level of each position. The appointment level will depend on the competence and experience of the successful applicant.

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