SARB New Vacancies June 2024

SARB New Vacancies June 2024

To apply, simply click the link at the end of the posts. Best of luck with your applications!

LIST OF THE FOLLOWING JOBS

1. Associate Credit Risk Analyst 
2. Financial Markets Specialist
3. Chief Operating Officer – ExMan
4. Senior Financial Markets Specialist
5. Manager: Market Operations and Investments
6. Lead Financial Markets Specialist: Policy Research and Strategy
7. Associate Financial Markets Specialist
8. Procurement Administrator
9. Snr Artisan/Technician: Electrical 
10. Economic Policy Analyst 

Associate Credit Risk Analyst 

Brief description

The purpose of this positionis to realise the responsibilities of the Risk Support Department of the Prudential Authority (PA) in respect of the supervision and regulation of credit risk in banks, insurers and financial market infrastructures (collectively referred to as regulated financial institutions). This includes being involved in operational duties associated with on- and off-site analysis as well as being part of a team of risk specialists who are responsible for providing specialist knowledge, skills and experience in the credit risk management area.

Detailed description

The successful candidate will, among other duties, be responsible for the following key performance areas:

• Conduct research and provide input into the regulatory frameworks of the regulated financial institutions (e.g. the Banks Act 94 of 1990, Insurance Act 18 of 2017, Regulations relating to Banks, prudential and joint standards, circulars, directives and guidance notes) in line with international best practices.
• Stay abreast of international best practices and developments surrounding credit risk.
• Ensure widespread knowledge and understanding throughout the PA of the concepts and developments in the field of credit risk.
• Ensure regulated financial institutions’ compliance with regulatory requirements applicable to credit risk.
• Review and evaluate the strategies, policies, procedures and practices related to the granting of credit and the ongoing management of the portfolios of regulated financial institutions.
• Develop analytical methods to analyse and interpret risk-based regulatory data submissions.
• Prepare detailed reports based on the outcome of the analysis performed.
• Monitor exposures to credit risk, as reported to the PA under applicable and approved methodologies.
• Provide specialist credit risk support.
• Contribute to risk-based meetings with regulated financial institutions and their auditors.
• Interact with external credit assessment institutions, when necessary.
• Participate in the internal capital adequacy assessments (ICAAP) of banks and the own risk and solvency assessments (ORSA) of insurers.
• Inform the PA of the aggregate behaviour of regulated financial institutions regarding credit risk.
• Assist the team with other functions, as may be required from time to time, in line with the PA’s strategic and operational objectives.

QUALIFICATIONS

To be considered for this position, candidates must have:

• a relevant postgraduate qualification (NQF 8) in Accounting, FinancialManagement, Risk Management or Banking); and
• two to five years’ relevant working experience in the financial/banking/regulatory sector or in risk management.

Additional requirements include:

• knowledge of the risks facing regulated financial institutions;
• knowledge of financial products;
• good working knowledge of Microsoft Office software packages (i.e. MS Word, Excel and PowerPoint) and other related software packages;
• innovative analytical and problem-solving skills;
• strong verbal and written communication skills;
• ability to work in a team and contribute to team success;
• decision-making abilities with the ability to initiate action; and
• effective time management skills.

 In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.

Financial Markets Specialist

Detailed description

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

• Prepare design proposals on monetary policy tools and frameworks, and analyse the impact of implementation.
• Write and present reports on research and analysis conducted on market operations and investments. 
• Manage bespoke elements of committee administration as requested by assuming the role of secretary or co-secretary of internal and/or external committees on a rotational or permanent basis. 
• Implement monetary policy by monitoring the market, providing input into the trading strategy, conducting transactions such as auctions for purposes of liquidity management and also on behalf of government (bond auctions and Treasury Bill auctions), and capturing trades such as CPD assets and financial markets transactions for liquidity management. 
• Undertake investments for the CPD in accordance with investment guidelines, operational requirements, and policies and legislation.
• Supervise the transactions of junior Financial Market Specialists.
• Contribute to the analysis of existing reference rates and the design of new rates where necessary, and contribute to the design of governance frameworks that relate to the code of conduct on benchmark rates.
• Provide oversight on the market commentary prepared by junior Financial Market Specialists.
• Coordinate, consolidate and finalise regular market analysis reports (e.g. financial market daily) without quality assurance by a more senior Financial Market Specialist.
• Draft rules relating to the oversight of market functioning and structure, including the code of conduct.
• Look for opportunities to automate routine tasks by leveraging innovative programming languages (e.g. Python), and encourage and assist junior specialists to continually innovate and improve their work processes.
• Conduct comprehensive research for special projects by applying a robust and structured research methodology.
• Stay abreast of all methodological developments relevant to own disciplines that affect the collection and development of time series and market research, trade execution and investment management process as well as operations, and apply this in own research.
• Analyse how these changes impact current methodologies and make proposals on how current methodologies should be adjusted to accommodate these changes.
• Assess what is required from current work, and then make specific changes to systems or own work methods in order to improve the standard of current work being done.
• Review, update and improve database structures on a regular basis to ensure all data are properly captured, and aggregate time series and cross-section data are calculated accurately.
• Prepare and make convincing presentations to own team on a regular basis as well as to departmental forums and other departments of the SARB.
• Assist with the preparation of briefings, speeches and presentations for senior management forums in the SARB as well as external forums.
• Contextualise presentations for a particular audience, with the ability to respond effectively to questions that may be posed by the audience.
• Support on-the-job training for junior Financial Market Specialists, which may be in the form of workshops or internal forums on research conducted.

QUALIFICATIONS

Job requirements 

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

• an Honours degree (NQF8) in Economics, Accounting, Actuarial Science, Financial Engineering, Mathematics of Finance, Finance or an equivalent combination of education in the required field and job-related experience; and
• five to eight years’ experience in the financial markets environment.

The following will be an added advantage:

• Master’s degree in the above disciplines, Chartered Financial Analyst (CFA) qualification, and knowledge and skills in money market operations, financial mathematics, domestic and international interest rates, bond markets, interest rate products, market intelligence, the investment industry, money market fund management, research methodologies, Reuters, Bloomberg, management of stakeholder relationships, project management, and relevant policies and procedures.

Additional requirements include:

• proficiency in the Microsoft (MS) Office suite, with expert knowledge of MS Excel;
• advanced mathematical and statistical modelling;
• advanced programming skills (VBA, MATLAB or other languages that can be used in implementing models);
• excellent interpersonal as well as verbal and written communication skills;
• report writing skills;
• research methodology skills;
• planning and organising skills;
• decision-making skills;
• presentation skills;
• being a team player; and
• integrity.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Chief Operating Officer – ExMan

JOB DESCRIPTION

Brief description

The main purpose of this position is to provide management, leadership and strategic direction to the Human Capital and Operations Cluster of the South African Reserve Bank (SARB). In addition, the Chief Operating Officer (COO) will coordinate the annual operational plans, risk matrices and budgets of five departments, namely Business Systems and Technology; Corporate Services; Human Resources, including the SARB Academy; and Financial Services, and work closely with members of the Governors’ Executive Committee (GEC) to keep them abreast of the performance progress and challenges faced by the support services functions.

Detailed description

The successful candidate will report to a deputy governor and be responsible for the overall management and strategic direction of the Human Capital and Operations Cluster of the SARB. This will include the following key performance areas: 

• Oversee the operational effectiveness of the Human Capital and Operations Cluster. 
• Establish integrated support services cluster policies for approval by the Management Committee and the GEC, and ensure implementation by the heads of department. 
• Drive the execution of the organisation’s strategy and functioning in the Human Capital and Operations Cluster. 
• Identify operational and systemic risks and weaknesses inherent in the Human Capital and Operations cluster and ensure that heads of department effect remedial measures.
• Plan and coordinate the Human Capital and Operations Cluster’s annual operational plans, risk matrices and budget activities, maximising performance and increasing efficiencies. 
• Review financial statements, activity reports and performance data to measure goal achievement and enhance operational efficiency. 
• Negotiate and/or approve major contracts and agreements with suppliers and service providers in line with the SARB Group Procurement and Supplier Management Policy, SARB Budget Guidelines, and the SARB’s delegations of authority. 
• Report on the status of the Human Capital and Operations Cluster to the GEC on a regular basis. 
• Provide assurance to the GEC on the impact of the Human Capital and Operations Cluster on other departments in the SARB. 

QUALIFICATIONS

To be considered for this position, the successful applicant must: 

• be in possession of a postgraduate qualification in Business Management, Finance or Economics;
• have 13 to 15 years’ management experience in a corporate environment; 
• have at least five years’ experience in a senior or strategic management role; 
• have acquired working knowledge of various pieces of relevant legislation, including the Labour Relations Act 66 of 1995, Basic Conditions of Employment Act 75 of 1997, Employment Equity Act 55 of 1998 and legislation related to financial regulations, procurement and information technology; 
• have a sound knowledge of corporate governance, risk management, financial regulations, supply chain management, a basic understanding of the workings of the SARB, and proven operational effectiveness; 
• have excellent interpersonal skills, with the ability to build cross-departmental relationships; 
• have demonstrated experience in persuading and influencing stakeholders appropriately; 
• be innovative and solution driven; 
• have strong leadership qualities with the ability to handle pressure well and resolve conflict effectively; 
• have excellent verbal and written communication skills in English; and 
• have the ability to interact professionally at all levels, both internally and externally.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Senior Financial Markets Specialist

JOB DESCRIPTION

Detailed description

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

• Research, develop and maintain advanced analytics related to interest rate and foreign exchange markets. 
• Conduct research on various aspects relating to financial benchmarks and reference rate reforms.
• Provide thought leadership and contribute to position papers, presentations, speeches and other documentation prepared by the SARB Working Group, Market Practitioners Group (MPG) and other relevant bodies.
• Contribute to the formulation and execution of strategic initiatives of the unit and the Financial Markets Department.
• Lead the development and periodic review of interest rate benchmarks and the implementation of solutions for various calculation methodologies.
• Establish relevant data sources and lead the implementation of appropriate data collection models to enable the production of analytics.
• Oversee the benchmark determination process and enhance operating procedures and the control framework for benchmark administration.
• Collaborate with other financial market specialists, business analysts, data management specialists, integration specialists and software developers to design and implement infrastructure solutions.
• Prepare periodic operational reports to enable lead specialists, senior management and the Reference Rate Oversight Committee to exercise their oversight function on all aspects of benchmark administration.
• Leverage data and analytics to prepare reports aimed at enhancing the transparency of various segments of interest rate and foreign exchange markets.
• Build and maintain relationships with reporting institutions, market infrastructure providers, industry bodies and other relevant stakeholders.
• Contribute to the learning and development of junior specialists.
• Assist with committee administration. 
• Contribute to process improvement.
• Perform ad hoc tasks.

QUALIFICATIONS

Job requirements 

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

• an Honours degree (NQF8) in Economics, Finance, Statistics, Data Science or an equivalent combination of education and job-related experience; and 
• at least 8 to 10 years’ work experience in financial markets. 

The following will be an added advantage:

• knowledge of financial markets products and the pricing thereof;
• knowledge of quantitative finance;
• proficient in Microsoft Office, R and/or Python; and
• proficient in data analysis. 

Additional requirements include:

• analytical and conceptual thinking abilities;
• written and verbal communication skills; 
• availability to work irregular hours on an ad hoc basis; 
• report writing skills;
• planning and organising skills;
• interpersonal skills; and
• being a team player.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Manager: Market Operations and Investments

JOB DESCRIPTION

Brief description

The main purpose of this position is to manage the Market Operations and Investments Unit in the Financial Markets Department (FMD), and provide technical expertise on all facets of the domestic market operations to ensure:

• the effective implementation of monetary policy by the South African Reserve Bank (the Bank);
• the prudent management of the Corporation for Public Deposits’ (CPD) and Corporation for Deposit Insurance investment (CODI) portfolios;
• efficient funding operations for government; and 
• management of projects related to the domestic market operations and domestic financial market development.

QUALIFICATIONS

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

• Manage and lead the Market Operations and Investments Unit. 
• Manage the quality of deliverables and workflows in the value chain.
• Manage the performance and support career development of staff.
• Ensure sufficient depth of knowledge and skills and clear succession planning.
• Provide meaningful input into FMD’s strategic plan in line with the Bank’s strategy.
• Communicate and implement the vision and strategic goals of the department and the Bank.
• Develop and compile the Market Operations and Investment Unit’s operational plans and budgets in line with those of FMD and the Bank as well ensure the implementation, monitoring and reporting thereof.
• Identify and mitigate risks related to the Market Operations and Investment Unit’s functions by ensuring compliance with relevant governance frameworks and contribute to departmental risk assessments.
• Oversee the smooth implementation of monetary policy as well as operations associated with the Bank’s role as a funding agent for government.
• Oversee the prudent investment of the CPD and CODI funds in line with the investment guidelines and other relevant policies.
• Ensure that the functions of the Market Operations and Investment Unit are in line with global best practices.
• Represent the FMD in various internal and external committees. 
• Build and maintain internal and external stakeholder relationships to drive market intelligence gathering and other FMD objectives.

Job requirements

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

• a minimum of an Honours Degree in Finance, Economics or an equivalent qualification;
• a minimum of 8 – 10 to years’ experience in financial markets, with at least three years in a leadership/ managerial role;
• knowledge of domestic and international money markets, and bond and foreign- exchange markets; and
• knowledge of research methodologies.

A formal leadership/management qualification and/or Chartered Financial Analyst/Financial Risk Management will be an additional advantage.

Additional requirements include:

• Registered Person Exam 
• problem-solving, mathematical and analytical skills;
• conflict management skills;
• conceptual thinking skills;
• effective communication skills;
• interpersonal skills; and
• the ability to build and maintain relationships.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Lead Financial Markets Specialist: Policy Research and Strategy

JOB DESCRIPTION

Brief description

The main purpose of this position is to deliver high-quality research and to develop and lead the implementation of strategy. The candidate will be expected to oversee junior and senior Financial Markets Specialists who conduct policy research in the field of financial markets, in support of the mandate of the South African Reserve Bank. The Lead Specialist will also oversee various projects in the Market Operations and Analysis Division in support of further development of financial markets, the implementation of monetary policy and other key objectives of the division. 

Detailed description

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

• Conduct high-quality research to inform policy positions and contribute to thought leadership on matters relevant to the Financial Markets Department. The research should also support the development of business methods and policy frameworks.
• Represent FMD in the cross-department research committee of the SARB, whose purpose is to foster a culture of research and analytical work.
• Make recommendations on the markets, monetary policy and regulatory frameworks, and produce policy position papers. This requirement also entails recommending improvements in business methods, while ensuring compliance with local and international standards.
• Develop and lead the implementation strategic initiatives in support of departmental objectives.
• Assume responsibility for the Africa portfolio, which includes the implementation of certain strategic initiatives of the respective financial markets clusters of the Common Monetary Area and the Committee of Central Bank Governors of the SADC region.
• Build and maintain strategic relationships with key participants in the financial markets, including, but not limited to, the banking and asset management sectors.
• Represent the SARB at official external forums and meetings that fall within the area of specialisation, including speaking at/presenting research at conferences and seminars.
• Manage and lead the Policy Research and Strategy Unit of the Financial Markets Department.
• Define research and learning agenda for the Policy Research and Strategy Unit.
• Provide technical guidance and ensure the transfer of knowledge and skills to junior specialists.
• Quality assure and integrate research and analyses submitted by other financial markets specialists and provide feedback.

QUALIFICATIONS

• a Masters degree in Economics or Finance, or an equivalent combination of education in the required field and job-related experience; and
• eight to 10 years’ experience in the financial markets or related environment.

A PhD, proven track record in research and managing projects will be an added advantage. 

Additional requirements include:

• analytical and conceptual thinking abilities;
• knowledge of the Microsoft Office suite;
• advanced knowledge of mathematical, statistical or econometric modelling;
• effectiveness in verbal and written communication;
• Knowledge of research methodology;
• Ability in planning and organising; and
• decision-making;
• interpersonal skills;
• presentation skills;
• leadership skills;
• being a team player;
• integrity;
• impact and influence; and
• innovation and creativity.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Associate Financial Markets Specialist

JOB DESCRIPTION

Detailed description

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

• Conduct research on various aspects relating to financial benchmarks and reference rate reforms.
• Assist in the preparation of inputs for position papers, presentations and other documentation prepared by the SARB Working Group, Market Practitioners Group (MPG) and other relevant bodies.
• Contribute to the research, development and maintenance of advanced analytics related to interest rate and foreign exchange markets. 
• Assist in the development and periodic review of interest rate benchmarks and the implementation of solutions for various calculation methodologies.
• Prepare periodic operational reports to enable senior specialists, SARB management and the Reference Rate Oversight Committee to exercise their oversight function on all aspects of benchmark administration.
• Assist in the establishment of relevant data sources and the implementation of data collection mechanisms to enable the production of analytics.
• Perform data quality checks and other control procedures to ensure the accuracy of benchmark determinations.
• Collaborate with other financial market specialists, business analysts, data management specialists, integration specialists and software developers to design and implement solutions.
• Maintain relationships with reporting institutions, market infrastructure providers and other relevant stakeholders.
• Assist with committee administration and provide secretarial support. 
• Contribute to process improvement.
• Perform ad hoc tasks.

QUALIFICATIONS

Job requirements 

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

• an Honours degree (NQF8) in Economics, Finance, Statistics, Data Science or an equivalent combination of education and job-related experience; and 
• at least two to five years’ work experience in financial markets. 

The following will be an added advantage:

• knowledge of financial markets products and the pricing thereof;
• knowledge of quantitative finance;
• proficient in Microsoft Office, R and/or Python; and
• proficient in data analysis. 

Additional requirements include:

• analytical and conceptual thinking abilities;
• written and verbal communication skills; 
• availability to work irregular hours on an ad hoc basis; 
• report writing skills;
• planning and organising skills;
• interpersonal skills; and
• being a team player.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Procurement Administrator

JOB DESCRIPTION

Brief description

The main purpose of this position is to support the process of ensuring that the procurement demand in terms of the Business Solutions and Technology Department’s (BSTD) demand plan is implemented effectively as well as managed and maintained throughout the procurement life cycle to reduce turnaround times for the procurement of information technology (IT) goods and services. 

Detailed description

• The successful candidate will be responsible for the following key performance areas:
• Collate and provide management information on procurement matters regarding the end-to-end procurement process.
• Compile and update the BSTD procurement demand plan (demand forecast) to monitor and reduce the turnaround times for the procurement of BSTD goods and services.
• Guide and facilitate communication between the relevant stakeholders throughout the procurement process.
• Identify and respond appropriately to the stakeholder needs for specific procurement-related advice.
• Monitor and report on the progress against the BSTD procurement demand plan.
• Assist in the implementation of the BSTD procurement and sourcing plan to ensure the systematic execution of processes and procedures.
• Facilitate the contracts renewal process and the approval process of foreign and dual citizens. 

QUALIFICATIONS

Job requirements

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

• a minimum of a Bachelor’s degree/Advanced Diploma or an equivalent qualification;
• a minimum of three to five years’ job-related experience within a procurement environment; and
• solid knowledge of procurement management.

Additional requirements include:

• verbal and written communication skills;
• flexibility;
• drive for results;
• learning focus;
• team work;
• service and stakeholder focus;
• judgement;
• analytical and problem-solving skills; and 
• resilience.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Snr Artisan/Technician: Electrical 

JOB DESCRIPTION

Brief description

The main purpose of this position is to maintain and install electrical subsystems in order to optimise building systems at the South African Reserve Bank (SARB)

Detailed description

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

• Engage in short-term planning and perform tasks independently in accordance with set standards and procedures.
• Perform fault-finding on electrical subsystems by applying a set of modified techniques within a defined context.
• Conduct preventative and corrective maintenance on electrical subsystems and/or equipment and determine possible component failure in order to enhance system capability.
• Test all work and close off assigned job cards on maintenance and project work.
• Interpret work instructions, drawings and diagrams concerning construction, alterations, modifications, enhancement maintenance and operational projects.
• Apply statutory principles in order to comply with safety, health and environmental requirements.
• Perform quality assurance on work done by external service providers for adherence to industry requirements and report on this to the supervisor.
• Prepare and submit weekly reports using standard templates (job cards and non-conformance reports), highlighting the work completed and problem areas.
• Engage positively with clients and other stakeholders, including complaints and compliments.
• Address any gaps in own performance of tasks and activities against the required standard(s).
• Conducting weekly inspections on all plant machinery as well as all electrical panels, as per Planned Maintenance Work Order instructions 
• Reporting findings from inspection in the Planned Maintenance Work Order form.

QUALIFICATIONS

Job requirements

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

• a national trade test in electrical heavy current;
• Three phase wireman’s licence (Master Installation Electrician will be an advantage)
• N6 National Certificate in Electrical Heavy current or NQF6 technical qualification or equivalent (will be an advantage); and
• Four to six years’ experience in a technical trade environment

Working experience in:

• the service maintenance electrical system such as DB’s, Standby generators, UPS and Electrical reticulation in the building.
• conversant in the dynamics of a high-rise and/or high-tech commercial office and building environment;
• maintaining electrical equipment and systems;

Knowledge and skills of:

• electrical maintenance procedures;
• the Occupational Health and Safety Act and its regulations;
• risk management related to occupational health and safety;
• problem-solving;
• the reading of electrical drawings and diagrams;
• computer literacy (i.e. the Microsoft Office suite);
• good communication skills (verbal and written); and
• Competency in operation and maintenance of machinery in buildings.
• Must resides within maximum of 60 min drive area or be willing to relocate to work Must perform standby duties

Economic Policy Analyst 

JOB DESCRIPTION

Brief description

The main purpose of this position is to provide technical support to the International Engagements Division. This entails conducting analysis on global and domestic financial regulatory developments related to the agenda of international forums such as the Financial Stability Board (FSB) and Group of Twenty (G20); contributing to briefing and speaking notes; coordinating with the relevant departments in the Bank dealing with financial regulatory issues; and assisting in the formulation of country policy positions and strategies for the purpose of influencing the international macroeconomic and financial agenda, with the aim of advancing South Africa and Africa’s interests. 

Detailed description

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

• Provide technical support to the International Engagements Division and assist in identifying strategic challenges, opportunities, and priorities for the South African Reserve Bank (SARB) based on analysis and trends in the global and domestic macroeconomy and financial markets.
• Conduct relevant research and analysis to contribute to the development of policy positions and strategies and influence the global economic and financial agenda for the benefit of South Africa and the region. 
• Provide support to the Division Head and Senior Policy Analysts in managing projects, including logistical arrangements for seminars, meetings, conferences, and workshops. 
• Provide support to the Division when it represents the SARB in working group meetings of the Group of Twenty (G20), BRICS and other forums where relevant. 
• Provide inputs into the preparation of briefing documents and speaking notes for the governors and senior officials attending international meetings. 
• Coordinate and contribute to briefing and speaking notes for meetings of the Financial Stability Board (FSB)
• Provide inputs and conduct research for purposes of writing speeches.
• Liaise with National Treasury, other relevant government entities and specialist SARB departments to ensure consistency with the domestic and international agenda. 
• Build strategic relationships and networks with relevant counterparts in international forums.
• Develop briefs and makes presentations internally as well as to departmental forums and other departments in the SARB on topics of interest in the international forums.
• Provide support in managing international cooperation and partnerships on behalf of the SARB, including diplomatic relationships. 
• Align meeting dates with the Executives’ diaries and contributing to the development of agendas for meeting. 

QUALIFICATIONS

To be considered for this position, candidates must have:

• a minimum of an Honours degree in Economics, Finance or an equivalent combination of education and job-related experience; 
• a minimum of six to eight years’ experience in an economic or global macroeconomic policy and research environment; and
• knowledge of policy development formulation and international financial institutions.

Additional requirements are as follows:

• knowledge of global finance and economics-related research; 
• knowledge of policy development and formulation;
• knowledge of international financial institutions;
• knowledge of relevant government policies and relevant legislation;
• influencing skills;
• excellent verbal and written communication skills;
• negotiation skills;
• networking and stakeholder relationship management;
• bias for action; and
• excellent etiquette to interact with executives and high-profile individuals.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

Click here to apply

About SARB

The South African Reserve Bank (the Bank) is the central bank of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth.