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South African Reserve Bank

(1436) Associate Financial Analyst Fin Surv

full-time•Pretoria

Summary

Location

Pretoria

Type

full-time

Experience

0-2 years

Company links

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About this role

The main purpose of this position is to process exchange control (excon) applications and monitor compliance with the Currency and Exchanges Manual for Authorised Dealers as well as the Exchange Control Regulations to regulate cross-border transactions and ensure the efficient management of foreign exchange. 

Detailed description

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

  • Analyse, process and finalise basic applications for approval, ensuring that the work meets the required time and quality standards.
  • Assist in the planning of inspections and provide written reports on inspection findings for approval.
  • Support daily administration tasks, including record-keeping, schedule compilation and inspection-profiling to enhance operational efficiency within the division and own work.
  • Capture data and provide management with information to aid decision-making. 
  • Perform duties with minimal supervision, adhering to established practices, processes, rules and regulations, and ensuring compliance with standards, policies and other guidelines specific to the area of expertise.
  • Communicate effectively with relevant internal stakeholders, demonstrating an ability to clearly explain information.
  • Participate in ad hoc projects and compile the information to inform policy decisions.
  • Stay informed about developments in the functional area and ensure self and others comply with changes (e.g. changes to excon policies, rules and regulations).
  • Identify problems and adapt routines to address them, demonstrating the ability to provide solutions within a defined context.

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 analyze, process, and finalize applications for approval while ensuring compliance with regulations. They will also assist in planning inspections and support daily administrative tasks to enhance operational efficiency.

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 (1436) Associate Financial Analyst Fin Surv do at South African Reserve Bank?

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As a (1436) Associate Financial Analyst Fin Surv at South African Reserve Bank, you will: the successful candidate will analyze, process, and finalize applications for approval while ensuring compliance with regulations. They will also assist in planning inspections and support daily administrative tasks to enhance operational efficiency..

Is the (1436) Associate Financial Analyst Fin Surv position at South African Reserve Bank remote?

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The (1436) Associate Financial Analyst Fin Surv 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 (1436) Associate Financial Analyst Fin Surv position at South African Reserve Bank?

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You can apply for the (1436) Associate Financial Analyst Fin Surv position at South African Reserve Bankdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.
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