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South African Reserve Bank
About SARB
Primary mandate of the SARB
Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:
The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.
The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.
WHAT WE DO
Monetary Policy
The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
Financial Stability
The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
Prudential Regulation
The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
Financial Markets
Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
Financial Surveillance
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
Payments and Settlements
The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
Statistics
The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
Research
Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.
Banknotes and Coin
The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.
The main purpose of this position is to facilitate the partnership between business and the Corporate Services Department (CSD) to ensure delivery of business value and enhanced customer experience.
Detailed description
The successful candidate will be responsible for the following key performance areas:
Lead and drive real estate strategic and transformational projects, initiatives and activities.
Manage the ideate phase of projects and other requirements which includes identification, registration, validation and prioritisation of client departments demands.
Facilitate the optimal utilisation of CSD services and support to clients within approved and available resources in order to maximise delivery of business value.
Present the assigned client departments’ requirements (in the interest of all stakeholders) to the CSD management to align demand and supply and as input into the CSD’s annual plan and budget as well delivery roadmap.
Identify demand and supply conflict, recommending escalation where appropriate for resolution, and for balancing new and existing initiatives.
Monitor and manage the partnership between the CSD and client departments through the implementation of the relationship management model.
Drive and implement the engagement model through various engagement platforms such as business strategy planning and partnership sessions.
Monitor and drive the value management plan throughout the CSD delivery value chain to ensure full benefit realisation.
Measure, analyse and report on customer satisfaction as well as recommend and implement improvements.
Keep abreast of developments in the external customer and service environment.
Take accountability for overall management of CSD services and ensure the effective and timely delivery of services, and compliance to SLA’s as well as service standards.
Assist with communication to client departments on CSD related services and support.
Facilitate CSD related initiatives within the Bank.
Job requirements
To be considered for this position, candidates must be in possession of:
Additional requirements include:
communication skills (written and verbal).
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.