Brief description
The main purpose of this position is to oversee the management of information and technology (I&T) assets, specifically commercial off-the-shelf (COTS) software, within the South African Reserve Bank (SARB) by ensuring robust control and effective management throughout the entire I&T asset life cycle.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Develop own work plans and deliverables in consultation with the Team Leader.
- Define, plan and manage the inventory of COTS software, including demand consolidation, planning and budgeting (capital and operational expenditure), capitalisation and reconciliation.
- Oversee stock and store management in line with general warehousing principles, ensuring compliance and safeguarding assets.
- Assess, analyse and compile information and communication technology (ICT) asset/component (COTS software) specifications based on end-user requirements.
- Facilitate the procurement process for ICT assets (COTS software), including compiling and verifying technical specifications and evaluating supplier quotations and the procurement, delivery, recording, payment and capitalisation of the assets.
- Maintain the ICT software asset register for COTS software throughout the asset life cycle, ensuring compliance with software licensing agreements.
- Ensure maintenance and contract agreements are established, where necessary.
- Evaluate the condition and usability of the COTS software, providing recommendations to maintain assets within their life cycle.
- Manage the disposal or removal of redundant COTS software, including obtaining approval for write-offs, updating the fixed asset register and ensuring disposal follows recommended procedures.
- Stay abreast of market trends and developments within the technical and functional area, ensuring the timely and relevant application of new methods and systems.
- Produce value-adding reports for management, subject matter experts and relevant stakeholders.
- Monitor and assess asset utilisation (harvesting and metering) within the SARB, offering recommendations to improve compliance and asset usage.
- Engage with internal and external stakeholders to support optimal operations and service delivery.
- Oversee and ensure quality management of changes within ICT asset systems, such as the enterprise resource planning (ERP) and service asset and configuration management (CA SAM/SAM) tools.
Job requirements
To be considered for this position, candidates must be in possession of:
- a Bachelor’s degree in information technology (IT) or an equivalent qualification;
- a minimum of five to eight years’ working experience in IT, specifically within an IT asset or financial environment; and
- an IT Infrastructure Library (ITIL) Foundation V3 certification would be an added advantage.
Additional requirements include:
- industry, organisational and business awareness;
- financial and budgeting skills;
- technical competence on asset management, hardware and software;
- IT enablement strategy and planning; and
- knowledge and skill in:
- IT enablement legislation and governance, risk and compliance;
- financial management and reporting;
- continued learning and/or professional development;
- quality assurance;
- contract and associated service management;
- relevant software;
- asset and inventory management; and
- capacity and performance 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.
