Brief description
The main purpose of this position is to maintain and support the supervisory technology systems in order to facilitate Data Management, Profile Management, Demand and Workflow management as well as Risk Analysis activities in the Prudential Authority (PA).
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Provide support for the Prudential Authority systems to ensure that financial institutions returns and profiles are accurate and reliable.
- Perform daily system monitoring, troubleshooting and maintenance to enhance system performance.
- Prepare and provide accurate and reliable data and information in support of the PA strategic decisions.
- Oversee receipt and delivery of accurate and reliable data from the regulated financial institutions.
- Monitoring the receipt of data from regulated financial institutions.
- Provision of reports and graphs to the frontline analysts in order to create insights as part of ongoing supervision.
- Reporting the contravention of regulatory requirements by regulated financial institutions to the relevant frontline analysts in order to address any irregularities.
- Perform system available testing during the business continuity.
- Conduct information systems training to the users of the systems across the PA
- Perform administrative duties associated with the role.
- Contribute to divisional, departmental and PA wide projects in line with the PA objective.
Job requirements
To be considered for this position, candidates must be in possession of:
- a Bachelor’s Degree in Information Technology/Information Systems/Computer Science
(NQF 7) or an equivalent qualification.
- At least two to five years’ experience in data management/data administration
Job related knowledge and skills:
- knowledge of the Financial Sector Regulation Act(FSR Act), and Regulations relating thereto;
- knowledge of administrative and monitoring systems;
- business intelligence knowledge and skills;
- knowledge of database querying languages (e.g. SQL);
- quality assurance knowledge and skills;
Job Related skills and attributes:
- good communication and interpersonal skills;
- time and quality management skills;
- attention to detail and dedication to tasks;
- the ability to work well with departments and teams;
- problem-solving skills; and
- professionalism.
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.
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.