Website South African Reserve Bank
South African Reserve Bank (SARB) is the central bank of South Africa, with the primary mandate of protecting the value of the currency in the interest of balanced and sustainable economic growth.
The South African Reserve Bank (SARB) is the central bank of South Africa, with the primary mandate of protecting the value of the currency in the interest of balanced and sustainable economic growth. The SARB is responsible for several key functions, including setting the repurchase rate to manage monetary policy and inflation. It also ensures financial stability by supervising banks and other financial institutions. The bank is the sole issuer and manager of South Africa’s currency, the Rand (ZAR), and oversees the national payment system.
Brief description
- The main purpose of this position is to manage the Management Support division and provide a support function in the operations of the International Economic Relations & Policy department (IERPD) within the South African Reserve Bank (SARB).
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Oversee the functions of the Management Support Division, which is responsible for, inter alia, departmental budget processes and financial management, administration of the strategic focus areas, records management and archives, the Business Continuity Plan, and general administration.
- Contribute to the IERPD’s strategic planning process and develop as well as manage a strategically aligned operational plan for the management support area.
- Coordinate and facilitate the strategic scorecard management process to support effective monitoring, measurement and reporting on the strategy of the department.
- Oversee the compliance with applicable legislation, Bank policies and standards ensuring adherence to sound governance and risk management. (RMCD, Records Management and BCP and Emergency evacuation plans).
- Participate and represent the department on various committees, when required.
- Manage and create internal and external stakeholder relationships and ensure stakeholder satisfaction.
- Provide guidance and make changes to employ the most effective ways to manage facilities, logistics, training administration, procurement and vendor management, financial management etc.
- Identify and mitigate risks related to the functions of the division and ensure compliance with relevant governance frameworks. (applicable to management support and not the department).
- Make suggestions for the refinement of relevant policies, processes and systems to ensure alignment of the function with departmental needs.
- Optimise and manage resources within the Management Support division and ensure succession planning.
- Support the Head of Department (HOD) in overall operational challenges to ensure the smooth functioning of the department.
- Drive a positive culture within the division and department.
- Manage the performance of team members and promote and support career management and development.
Qualifications
Job requirements
To be considered for this position, candidates must be in possession of:
- a Post graduate degree (NQF 8) or equivalent
- eight to ten years’ job-related experience; and
- at least three to five years of management experience.
Additional requirements include:
- professional ethics;
- problem-solving and analytical skills;
- judgement and decision-making skills;
- empowering and inclusive;
- listening skills;
- good verbal and written communication skills;
- presentation skills;
- relationship management; and
- drive for execution
