Regional Settlement Services Analyst

1 week ago


Pretoria, Gauteng, South Africa South African Reserve Bank Full time
Job Overview

We are seeking a highly skilled Regional Settlement Services Analyst to join our team at the South African Reserve Bank. This is an exciting opportunity for a professional with experience in banking, financial management, or information technology to contribute to the development and maintenance of our regional system.

Key Responsibilities
  • Participate in project, change, operational, and business analysis activities to develop and maintain the regional system.
  • Provide training and capacity building on the regional system.
  • Support senior analysts in implementing, monitoring, and reporting on service level agreements with participants, regional clearing and settlement system operators, and other stakeholders.
  • Assist in the development and maintenance of business procedures and processes relating to the regional system.
  • Engage with system participants, regional clearing and settlement system operators, and other stakeholders.
  • Perform basic testing on the regional system according to a system test framework.
  • Monitor compliance and identify associated risks that may lead to non-compliance.
  • Provide analytical support through data analysis and modelling.
  • Develop business processes and procedures.
  • Define solution requirements and assess possible solutions.
  • Stay up-to-date with changes to relevant analytical tools and methodologies.
Requirements

To be considered for this position, candidates must possess:

  • A minimum of an Honours degree (NQF 8) in Economics, Financial Management, or Information Technology (IT), or an equivalent qualification.
  • A minimum of 2-5 years' experience in banking, the financial industry, or the payment system environment.

Additional requirements include:

  • Payment system knowledge.
  • Real-time gross settlement (RTGS) system knowledge.
  • Analytical skills.
  • Knowledge of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) payment system messaging standards.
  • Risk management knowledge.
  • Project management knowledge.
  • Decision-making skills.
Compensation

The estimated salary for this position is R500,000 - R700,000 per annum, depending on experience.



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