About South African Reserve Bank (SARB)

The South African Reserve Bank (SARB) is South Africa’s central bank, primarily mandated to protect the value of the currency (the rand) in the interest of balanced and sustainable economic growth. The bank is headquartered in Pretoria and is one of the few central banks in the world with private shareholders.

Detailed description

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

• Coordinate and facilitate the implementation of the risk and compliance frameworks for the department.
• Utilise the available risk management, compliance and audit tools to monitor and report on related issues to ensure sound governance.
• Schedule and facilitate regular compliance risk assessments to verify adherence with legislation, standards and policy requirements of the South African Reserve Bank (SARB).
• Schedule and facilitate regular operational and specialised risk assessments, including business impact and business continuity plan assessments, and coordinate incident response and recovery.
• Monitor and track management action plans for strategic, operational cyber and physical security and compliance risk.
• Create risk (including cyber and physical security) and compliance awareness within the PA through campaigns and appropriate media.
• Assist with other risk and compliance-related duties on an ad hoc or project basis as requested by management.
• Proactively monitor and track external regulatory obligations.
• Stay abreast of developments in risk and compliance, ensure application thereof and update applicable documents.
• Coordinate and support employees with the completion of annual declarations.
• Log and report risk incidents on the SARB’s centralised risk incident tool and monitor action plans.

Qualification

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

• a National Diploma (NQF 6) in Auditing, Compliance Management, Finance or Risk Management; and
• a minimum of three to five years of experience in a risk, compliance or audit facilitation environment.
• The following would be an added advantage:
• ISO22301 training (fundamental); and /or
• ISO22301 Lead Implementer certification