Brief description
The main purpose of this position is to research, design, develop, implement and mature cybersecurity operations (CSO)-related technologies and solutions within the Business Solutions and Technology Department (BSTD) at the South African Reserve Bank (SARB).
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Provide technical expertise as input into cybersecurity capabilities and appropriate controls for departmental/SARB Group projects to contribute towards business objectives.
- Provide operational and management support through effective reporting and dashboard creation (where relevant).
- Design and deploy industry-aligned security solutions to meet business requirements.
- Use and maintain security technologies to identify potential security issues across technologies, solutions and applications within the SARB Group.
- Respond to minor security breaches by effecting operational countermeasures, including making technical configuration changes.
- Support the investigation and containment of major incidents using advanced information.
- Innovate, design and implement opportunities for improvements/enhancements, integration, consolidation and automation, to ensure the cost-effective and optimal use of CSO technology as well as resources in support of protecting business solutions.
- Research and keep abreast of new and changing cybersecurity technologies and architectures.
- Scan the external threat landscape and identify vulnerabilities within SARB Group’s solutions.
- Assist solution owners with remediation activities relating to the ever-evolving cyber-threats.
- Provide technical input into addressing audit findings, penetration tests, TIBER and other risk assessments.
- Work closely with the governance teams to develop policies, standards and a SARB Group cybersecurity strategy.
- Attend to service and incident requests, and ensure the resolution thereof within agreed service level standards.
Job requirements
To be considered for this position, candidates must be in possession of:
- the minimum of a Bachelor’s degree (NQF 7) in Information Technology (IT) or an equivalent qualification; and
- the minimum of 5–7 years of job-related experience working in a security operations environment and related systems, for example:
- AD (Active Directory);
- Microsoft (MS) Entra ID (Azure) and M365 Could Security;
- PowerShell Scripting;
- Certification Authority;
- Mimecast;
- Center for Internet Security (CIS) policy management;
- Silverfort (UIP);
- Tenable; and/or
- password management solutions.
The following would be an added advantage:
- a relevant cybersecurity certification such as CompTIA CASP+; and/or
- technology-specific certifications.
Additional requirements include:
- industry, organisational and business awareness;
- quality assurance knowledge and skills;
- continuous improvement;
- continued improvement and/or professional development;
- networking security knowledge;
- testing knowledge;
- operations knowledge;
- effective communication skills;
- analytical and problem-solving skills;
- judgement and decision-making skills;
- a drive for results;
- a learning focus;
- a team focus;
- planning and organising;
- a service and stakeholder focus; and
- building and maintaining 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.
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.