Job Description

Brief description

The main purpose of this position is to embed and maintain risk management frameworks, policies and processes within the Corporate Services Department (CSD) at the South African Reserve Bank (SARB) to respond to risk exposures and leverage on opportunities.

Detailed description

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


Embed all of SARB risk management and compliance, frameworks, policies, processes, methodologies and systems. Analyse and understand the business environment within which CSD operates to undertake risk, compliance, business continuity, ethics, audit, incident and project risk management activities to support and guide the identification of risks and opportunities. Scan the external environment to identify emerging risks within the construction (real estate, construction and engineering) industry and ensure that the SARB is aware and takes the appropriate response. Prepare, liaise with relevant departments and facilitate risk assessment workshops, business impact analysis and business continuity planning sessions, using the SARB's risk management policies, frameworks, methodologies, processes and systems. Identify changes in the applicable legislations/regulations and local/international standards relating to real estate, construction and engineering that may have impact on the objectives of CSD. Track progress on the implementation of all CSD risk response strategies and compile reports for different forums. Consolidate, maintain and report on the centralised risk incidents database for CSD. Create awareness within CSD for risk, compliance, business continuity, ethics, audit, incident and project risk management activities to support and guide the identification of risks and opportunities. Log, assess and analyse all risks timeously for the information technology (IT) application and control processes. * Assist to plan, facilitate, execute, coordinate and report on the business continuity management (BCM) activities for CSD (including projects) using the BCM system, and support the Head of CSD in facilitating a response to any incident from a Joint Operations Centre and/or Crisis Preparedness Committee perspective.