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(985) SWIFT Administrator - BSTD

at South African Reserve Bank in Pretoria, ZA

Work Type: On Premise | Employment Type: Full Time

Experience Level: Senior Level | Posted Date: 2025/04/14

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Description

Brief description

The main purpose of this position is to administer, maintain, install and support the South African Reserve Bank’s (SARB) payment system as well as the internal and external business processes of the Society for Worldwide Interbank Financial Telecommunications (SWIFT) for the SARB, the Southern African Development Community real-time gross settlement (SADC-RTGS) system and the South African Multiple Option Settlement (SAMOS) system.

Detailed description

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

• Respond to unplanned system outages by investigating, troubleshooting and remediating any incidents.
• Establish and maintain stakeholder relationships with vendors to ensure the efficient running and maintenance of the payment systems (i.e. SWIFT Alliance suite, SWIFTNet Network and SWIFTNet WebAccess infrastructures as well as the SWIFT Hardware Security Model (HSM)).
• Securely install and administer the payment systems to enhance the resilience, redundancy and continuity thereof.
• Be responsible for delivering work that meets the time and quality standards set by more senior staff members.
• Provide second-level support to end users in all departments (e.g. National Payment System Department, Financial Services Department and Financial Markets Department), including proactive preventative maintenance and upgrade of the payment systems.
• Facilitate and coordinate the technical configuration (by vendors) to integrate payment systems into the SARB’s information technology (IT) environment.
• Stay abreast of industry developments and best practice and apply these in the course of own work.
• Improve and standardise work processes in the course of own work and ensure the application of standards and methods in the team.
• Provide technical input (technical diagrams, technical procedures and work instructions) to the development of knowledge-based articles to preserve technical knowledge.

Job requirements

To be considered for this position, candidates must be in possession of:

• a minimum of a National Diploma in IT (NQF 6) or an equivalent qualification;
• original equipment manufacturer (OEM) accreditations and/or SWIFT-related certifications; and
• a minimum of two to five years’ job-related experience.

Additional requirements include:

• conceptual thinking;
• verbal and written communication skills;
• analysis and problem-solving skills;
• planning and organising skills;
• attention to detail;
• drive for results;
• service and stakeholder focus;
• teamwork;
• learning focus;
• sound judgement; and 
• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continued learning and/or professional development;
• IT enablement planning;
• systems integration;
• systems support;
• capacity and availability management; and
• IT enablement reporting.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

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.