(1570) Senior Economic Statistician at South African Reserve Bank

Pretoria, Gauteng, South Africa -

Full Time

Start Date

Immediate

Expiry Date

16 Jun, 26

Salary

0.0

Posted On

18 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Economic Statistics, Macroeconomic Analysis, Econometric Modelling, Statistical Modelling, Time-Series Analysis, Forecasting, Benchmarking, Python, R, Data Integration, Financial Stability Policy, System of National Accounts (SNA), Quality Assurance, Methodological Innovation, Stakeholder Collaboration, Policy Publication

Industry

Banking

Description

Job title: Senior Economic Statistician Location: Head Office, Pretoria Organisation: Integrated Economic Accounts Division Department: Economic Statistics Department Brief description The main purpose of this position is to oversee the development and implementation of the Integrated Economic Accounts (IEA) and the Integrated Macroeconomic Statistical Analysis Framework. The role further aims to drive the delivery of high‑quality integrated macroeconomic analysis for South Africa’s IEA through in‑depth research and analysis in this specialised field. Detailed description The successful candidate will be responsible for the following key performance areas: * Jointly manage the development and implementation of integrated macroeconomic statistical analysis frameworks across all institutional sectors (households, government, corporations and the rest of the world), ensuring alignment with the System of National Accounts (SNA) and related international standards. * Integrate and interpret complex sectoral macroeconomic identities, reconciling statistics across domains to produce coherent, policy‑relevant analysis, with key focus on financial stability policy. * Design and apply advanced econometric, statistical and financial models for analysis, forecasting, benchmarking, back‑testing and validation of integrated macroeconomic statistics, including time‑series, scenario and structural modelling. * Co-lead the adoption and application of open‑source analytical tools (Python and R) to deliver reproducible, code‑based analysis and modernise analytical workflows. * Drive analytical research and methodological innovation, strengthen the quality, consistency and international comparability of IEA and related statistical outputs. * Establish feedback loops between statistical analysis and methodology to support continuous improvement and the application of advanced analytical techniques. * Collaborate with internal and external stakeholders, including government departments, national statistical agencies, regulators and South African Reserve Bank’s departments, to enhance data granularity, coherence and analytical usefulness of statistics. * Ensure compliance with international best practices, quality standards and governance requirements, including metadata documentation, quality assurance processes and compliance with IMF, OECD, ECB and UN analytical frameworks. * Lead the production and communication of high‑quality analytical outputs, including contributions to the Quarterly Bulletin, research notes and policy publications. * Provide strategic thought leadership and capability building in integrated macroeconomic statistical analysis, including presenting to committees, contributing to national analytical standards, mentoring staff, and supporting model governance, reproducibility and institutional memory. 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. Economic Statistics Department (ESD) The key function of the ESD is the compiling of economic statistics and conducting analysis and research, through: · Providing quality-assured macro-economic statistics and analysis to support decision making. · Strengthening and optimising the ability to acquire and organise quality data and information. · Extending the statistical measurement and analysis of the economy aligned with international best practice and users' needs. · Enhancing methodological research, analysis, and publications. · Modernising and improving statistical compilation processes and frameworks.

Responsibilities

The Senior Economic Statistician will jointly manage the development and implementation of integrated macroeconomic statistical analysis frameworks across all institutional sectors, ensuring alignment with international standards. This role also involves designing and applying advanced econometric and statistical models for analysis, forecasting, and validation of integrated macroeconomic statistics.