(1660) Supervisor: Staff Loans - FSD at South African Reserve Bank

Pretoria, Gauteng, South Africa -

Full Time

Start Date

Immediate

Expiry Date

02 Sep, 26

Salary

0.0

Posted On

04 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Staff Loans Administration, Financial Accounting, Financial Reconciliation, Supervision, Quality Assurance, Continuous Improvement, Taxation, Governance Risk and Compliance, Problem Solving, Stakeholder Management, Performance Management, Business Continuity Planning, Financial Management, Communication, Attention to Detail, Teamwork

Industry

Banking

Description

The successful candidate will be responsible for the following key performance areas: * Plan the work for the team, using discretion in defining and prioritising team members’ tasks. * Supervise the section’s administrative processes, ensuring adherence to relevant legislation, regulations and SARB policies. * Engage with relevant stakeholders and clients, both within the SARB and external, displaying service orientation in own work as well as the ability to handle queries and convey/explain information clearly. * Ensure adherence to controls. * Ensure that work is performed independently within established practices as well as given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing own tasks. * Diagnose problems and either choose or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context. * Supervise and review the calculations, accounting input and data captured by team members, ensuring accuracy, completeness and timeous delivery. * Proactively broaden own knowledge in loans administration, displaying a willingness to improve processes, methods and practices. * Provide guidance and coaching to support the development of the team. * Review staff loan applications, payroll and loan administration inputs as well as payments. * Review the monthly reconciliations to ensure accuracy, completeness and timeous submission thereof. * Provide input in process enhancements and automation to improve efficiencies. 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 supervising the staff loans section, ensuring accuracy in calculations, accounting inputs, and data capture. The supervisor is responsible for reviewing loan applications, payroll inputs, and monthly reconciliations while providing guidance and coaching to the team.