Administrator Vacancy at South African Reserve Bank (SARB)

Administrator Vacancy at South African Reserve Bank (SARB)
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Administrator Vacancy at South African Reserve Bank (SARB)

South African Reserve Bank (SARB)


South Africa


Brief description

The purpose of this position is to perform administration support functions within the Administration and Risk Management Division of the Financial Surveillance Department (FinSurv) to support its programmes and overall operations.

Detailed description

The successful candidate will, among other duties, be responsible for the following key performance areas:

  • Provide support in the coordination of the risk and compliance management processes of the department and maintain its risk matrices and action plans emanating from internal and external audits.
  • Provide administrative support in the preparation of the annual budget and the monitoring of budget-related expenditures.
  • Provide support to the team leader in the monitoring and maintenance of the business continuity plan (BCP) process and in his/her responsibilities in terms of the Occupational Health and Safety Act 85 of 1993, where appropriate.
  • Support the team leader in his/her role as a subrecords manager and the training, facilities, information technology (IT) and fixed assets representative as well as in effectively managing the requirements and resources of the department.
  • Perform general tasks in support of the departmentā€™s financial administration and ensure the timely submission of accurate payments information.
  • Perform general administrative tasks in support of programmes and the overall operations of the department, which includes, but are not limited to, records management, correspondence and procurement-related matters.
  • Engage effectively with stakeholders, in and outside of the department, that render services to the department.
  • Perform administrative duties on an ad hoc or projects basis as requested by the team leader/manager while ensuring compliance with the relevant guidelines, standards and policies.


Job requirements

To be considered for this position, candidates must have:

  • a post matric certificate (NQF 5) in Administration, Risk and Compliance, Governance or Records Management, or an equivalent qualification; and
  • two to five yearsā€™ experience in a management support environment.

Additional requirements include:

  • knowledge and skills in:
  • reporting; 
  • data capturing;
  • business continuity planning; 
  • service delivery;
  • continuous improvement; and
  • effective verbal and written communication;
  • drive for results;
  • problem solving and analysis;
  • interpersonal sensitivity;
  • service and stakeholder focus;
  • planning and organising; and
  • time management.


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.


Monetary Policy

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inļ¬‚ation low and steady.

Financial Stability

The SARB has a mandate to protect and enhance ļ¬nancial stability. We identify and mitigate systemic risks that might disrupt the ļ¬nancial system.

Prudential Regulation

The Prudential Authority regulates ļ¬nancial institutions and market infrastructures to promote and enhance their safety and soundness, and support ļ¬nancial stability.

Financial Markets

Open market operations are the main tool we use to implement monetary policy. We manage South Africaā€™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 Africaā€™s modern ļ¬nancial system.


The SARB provides important economic and ļ¬nancial statistics that present an overview of the economic situation in South Africa.


Research conducted by the SARB focuses on economics, ļ¬nancial stability, banking and emerging trends in ļ¬nance. 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.APPLY NOW


  • Job Identification229
  • Job CategoryAdministration
  • Posting Date2024/02/09, 14:02
  • Apply Before2024/02/16, 23:59
  • Degree LevelNQF 5: Higher Certificates and Advanced National Vocational Certificate
  • Job ScheduleFull time
  • Job ShiftDay
  • Locations Head Office, Pretoria, Gauteng, 0002, ZA

Apply now

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