Brief description
The main purpose of this position is to manage programmes within the South African Reserve Bank’s (SARB) Economic Research Department (ERD) (e.g. CDRC) and provide assurance that projects are delivered to specification, within budget and on time.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Prioritise projects and new requests in collaboration with the relevant business and stakeholders to enable strategic alignment and optimal resource allocation.
- Facilitate the development of the business case and project initiation documents in accordance with Programme Management Office methodology to clearly define and approve the purpose and business motivation of projects.
- Allocate project managers and negotiate and agree upon the allocation of project team members to ensure the effective utilisation of skills.
- Oversee project managers’ delivery of project progress according to the approved schedule and budget, the expected deliverables, specifications and quality standards.
- Oversee the delivery of project benefits and/or consolidated programme benefits.
- Draft notes and reports pertaining to projects.
- Monitor post-implementation reviews to ensure the sustainability of programme solutions.
- Fulfil the line management function pertaining to the development and performance of project managers and administrators within the team.
- Coach and mentor project managers and administrators within the team, providing leadership and motivation.
- Conduct required programme meetings to consolidate reporting, and manage risks and constraints, thereby ensuring cohesion, consistency and integrity of programme output.
- Manage specific projects as and when required in accordance with workload or as assigned.
- Engage and present to senior level stakeholders within the SARB at various stages of the different project life cycles.
- Managing large research and public policy projects, overseeing secretariat functions for major committees, and organising large international events will be an added advantage.
To be considered for this position, candidates must be in possession of:
- an Honour’s degree (NQF 8) in Project Management or an equivalent qualification; and
- at least 8 to 10 years’ relevant experience.
Additional requirements include:
- knowledge and skill in:
- industry, organisational and business awareness;
- quality assurance;
- continual improvement;
- continued learning and/or professional development;
- project management;
- project portfolio and programme management;
- project reporting;
- project cost management; and
- contract and service management.
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.
