Government & Public Sector Jobs in Pretoria, South Africa (Now Hiring) — 41 open

The successful candidate will be responsible for the following key performance areas:

• Assist in conducting research based on international best practice and practices in other jurisdictions that are similar to the South African market to better inform the development of a robust regulatory framework for the South African. 

• Participate in industry engagement sessions as well as engagements with other financial sector regulators and internal stakeholders in the development of regulatory frameworks for the Prudential Authority (PA).

• Provide input into the areas of policy development for the PA related to prudentially regulated financial institutions and the relevant regulatory framework.

• Provide secretariat support for the governance structures within the PA. 

• Assist senior team members in representing the PA in external forums on policy matters and legislation.

• Assist senior team members with the coordination of the PA’s ‘house view’ on policy and legislation, in collaboration with the SARB and other regulators.

• Contribute to and/or assist in drafting speeches and briefing notes for the PA CEO, the SARB Governor and Deputy Governors as well as any other PA staff member on specialist topics so that the PA/SARB view is represented locally and internationally.

• Responsible for assisting with the drafting and development and/or refining of regulatory instruments and policy positions for deposit taking institutions in terms of the Banks Act 94 of 1990, working closely with senior team members and senior management in the broader PA.

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.