(1645) Pensions Administrator - Operations - FSD at South African Reserve Bank

Pretoria, Gauteng, South Africa -

Full Time

Start Date

Immediate

Expiry Date

24 Aug, 26

Salary

0.0

Posted On

26 May, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Pension Administration, Retirement Benefits Counselling, Claims Processing, Financial Management, Stakeholder Engagement, Data Capturing, Record-keeping, Quality Assurance, Taxation, Problem-solving, Client Orientation, Attention to Detail, Effective Communication, Analysis, Continuous Improvement, Teamwork

Industry

Banking

Description

The successful candidate will be responsible for the following key performance areas: * Perform pension administration duties, including retirement benefits counselling, processing of claims, in accordance with retirement fund legislation, regulations, rules and relevant policies. * Prepare and provide information within a defined context to enable effective decision-making by trustees and other relevant stakeholders. * Perform general administration, including preparation of payment instructions, data capturing and record-keeping, ensuring the smooth running of the section’s operations. * Engage with members of the SARB Retirement Fund and other stakeholders, demonstrating a service- oriented approach and the ability to gather, communicate and explain information fluently. * Proactively broaden knowledge of pension administration, displaying willingness to make improvements in own work (including methods and practices). * Evaluate own performance against given criteria, identify and address task specific learning needs. * Perform work independently within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing own tasks. 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.

Responsibilities

The role involves performing pension administration duties, including processing claims and providing retirement benefits counselling. It also requires managing general administrative tasks and engaging with stakeholders to ensure the smooth operation of the SARB Retirement Fund.