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South African Reserve Bank

(1435) Manager: Strategic Sourcing - FSD

full-time•Pretoria

Summary

Location

Pretoria

Type

full-time

Experience

5-10 years

Company links

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About this role

Brief description

 

The main purpose of this position is to oversee all strategic sourcing for the South African Reserve Bank (SARB), including planning and supplier development, contract negotiation and supply chain management, ensuring quality, value and transparency. 

 

Detailed description

 

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

 

  • Oversee strategic sources for the SARB Group by identifying key partners and using negotiation to secure beneficial deals. 
  • Develop and manage the implementation of the overall strategic sourcing strategy of the SARB.
  • Drive the implementation of the category management and individual sourcing strategies. 
  • Provide strategic guidance to category leads on selected sourcing mechanisms. 
  • Ensure governance and compliance with the procurement policies and guidelines of the SARB for all strategic sourcing activities.
  • Calculate and analyse the costs of procurement and suggest methods to synergise supply opportunities to decrease expenditure and add value to the SARB. 
  • Research and identify reliable and trustworthy suppliers and strategize and negotiate with them to acquire the most cost-effective deals and to reduce procurement expenses. 
  • Develop sectional operational plans aligned to the Financial Services Department and the SARB and clarify performance expectations for own team. 
  • Manage the stakeholders within the supply chain to derive maximum economic benefit and continuity of supply to the SARB. 
  • Analyse and integrate sectional management information for reporting to top management and other relevant stakeholders. 
  • Collaborate and liaise with the operations and governance sections to optimise the procurement and governance process in order to attain maximum efficiency.

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.

What you'll do

  • The successful candidate will oversee strategic sourcing for the SARB, including planning, supplier development, and contract negotiation. They will also ensure compliance with procurement policies and manage stakeholder relationships to maximize economic benefits.

About South African Reserve Bank

The South African Reserve Bank (the SARB) is the central bank of the Republic of South Africa. It regards its primary goal in the South African economic system as "the achievement and maintenance of price stability"​. The South African Reserve Bank maintains that South Africa has a growing economy based on the principles of a market system, private and social initiative, effective competition and social fairness. It recognises, in the performance of its duties, the need to pursue balanced economic development and growth.

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Frequently Asked Questions

What does a (1435) Manager: Strategic Sourcing - FSD do at South African Reserve Bank?

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As a (1435) Manager: Strategic Sourcing - FSD at South African Reserve Bank, you will: the successful candidate will oversee strategic sourcing for the SARB, including planning, supplier development, and contract negotiation. They will also ensure compliance with procurement policies and manage stakeholder relationships to maximize economic benefits..

Is the (1435) Manager: Strategic Sourcing - FSD position at South African Reserve Bank remote?

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The (1435) Manager: Strategic Sourcing - FSD position at South African Reserve Bank is based in Pretoria, Gauteng, South Africa. Contact the company through Clera for specific work arrangement details.

How do I apply for the (1435) Manager: Strategic Sourcing - FSD position at South African Reserve Bank?

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