South African Reserve Bank Jobs- Assistant General Manager

Job Title: Assistant General Manager (AGM): Oversight

Job No.: IRC9165

The main purpose of this position is to ensure the overall effectiveness and integrity of the national payment
system (NPS), and to provide Southern African Development Community (SADC) countries with assistance
and support.
The successful candidate will be responsible, among other things, for the following key performance areas:
• Identifying payment system risks proactively to prevent settlement failures and systemic risk
• Managing or reducing these payment system risks to prevent settlement failures and systemic risk
• Assisting with the development and implementation of legislation and regulations to enhance the legal
framework of the NPS (e.g., NPS Act, directives and position papers)
• Administering NPS regulations to ensure compliance with the legal framework; the regulation spans banks
and non-banks
• Conducting relevant research to keep abreast of risk-reduction developments and best practices so as
to ensure alignment with internationally accepted payment system practices enabling a modern payment
system and compliance with international standards
• Participating in and representing the Bank at domestic, regional and international payment system riskreduction
initiatives and forums
• Educating and publishing on NPS matters to ensure public awareness regarding payment system risks
• Acting as catalyst and facilitator, and liaising on payment system risk developments and issues
• Directing divisional human resources activities, including the approval of human resource plans and activities,
hiring and development of staff, oversight of performance management systems, and the determination and
alteration of divisional structures.
To be considered for this position, candidates must have a graduate degree or diploma in Economics, Financial
Management, Accounting or Law; and a minimum of 10 years’ experience in the banking, financial or payment
system environment.
Additional requirements are as follows: knowledge of payment systems; knowledge of project management;
experience in risk management; background in relevant legislation; adequate understanding of financial markets;
regulatory experience; computer literacy; verbal and written communication skills; high-level problem-solving
and analysis skills; managerial experience; presentation skills; negotiation skills; strategic thinking; and research
experience.
A written application, accompanied by a detailed curriculum vitae, should be addressed to the
Senior Manager: Recruitment and Selection, Human Resources Department, at the following address:
sarb-applications@resbank.co.za or be sent via facsimile to 012 313-4555. Do not enclose copies of your
identity document or qualifications with your application.
Shortlisted applicants will be subjected to psychometric assessment, and an appropriate reference check and
security clearance as part of the selection process.

The closing date for applications is 23 April 2012.
Late applications will not be considered. The Bank
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 or her experience and
competence.

In line with the Bank’s commitment to diversifying
its workforce, preference will be given to suitable
candidates from designated groups. People with
disabilities are welcome to apply.