investment banking analyst

trade compliance officer

systems architect

strategic project manager

statistician

South-African-Reserve-Bank

-On my current position,every morning, i do stats, i have to check if all my allocated banks have reported their transactions the previous day, how many transctions reported, how many transactions were rejected by our system, the reason for the rejections, and update my senior about the results. If there is a problem with a bank i contact that specific bank to query. 

- I also do daily monitoring, to to see if all the banks are reporting and to ensure if our system is functioning properly.

- Do read, do reseach, and comile replies for the applications i receive from the banks.

- Do off-site of on-site inspectons and write reports.

- I have learned so many things in my current job, i have learned to interact and communicate with people in different levels, the importance of paying attention to detail, banking rules and regulations.

- I work well with the management team, we have weekly meetings every mondays to discuss what we did the previous week, any problems encountered, and solutions.

- i have a good working relationship with my co-workers.

-The hardest past of my job, is reporting to many people at the same time, and every person has different management style, one manager's decision may not necesary impress the other manager, so sometimes you spend a lot of time time to come to the a final decision. But i also learn a lot from different management styles. With this i learn to be more patient.

- The most enjoyable part of my job, the whole bank is intergrated we wrking towards the same goal, with this you learn more about what is happening outside your job scope. Interection with external people and learning about their roles. Mornitoring and enforcing compliance.

It was my first day on the new shift from the induction period, which I was introduce to work for and I was placed in the control room with the shift leader and all of a sudden he disappeared and a phone call came through and I the caller was asking access to certain site of which I should use access system to let caller in and I was unfamiliar with this access control system since I was only taught theoretically. 

I was so nervous on how I am going to her the caller but I informed the caller i was new and i reassured her that I am going to help her; she should just be patient with me.

I told myself that this is it, an opportunity has availed itself and I should grab it and shine. I took a moment to calm myself down and I took my manual which I was issued with at the induction phase and Ii look through it and I managed to get help from it and I was able to help the caller and I thanked her for her patience.

this is the best place to work for as the management is very supportive, professional, Discipline, courageous, inspiring and friendly

Co-workers are very friendly, you will feel like home as we are a one big team that support each other.

The hardest part of the job is working night shifts,
 Though it’s difficult to work night shifts, I have learned to have a formula that can help me though this and i came up with 1: managing my time effectively though my resting period and that has improved my coping method and I am exercising a lot which has kept me physical and mentally fit for any kind of job which will require me working night shifts.In all that i enjoy my job

There is usually more work to be done when preparing for meetings and also at the beginning of the month due to reports and queries being due.

I have learnt so much regarding the impact that the banking industry has on the economy as well as the different risk areas faced by the banks. It was also interesting to see the different risk management processes the different banks had to mitigate the risks they were faced with. I was able to gain knowledge on anti-money laundering and combating the financing of terrorism matters.

The management style is that of a professional nature and accountability is of importance. The hardest part of the job is the admin related work which could take up more time in certain instances.

An enjoyable part of the job was the discussions had with the representatives from the different banks, were discussion were held to discuss the challenging economic environment and the impact thereof on the bank's strategies and targets. Having to guide the banks with regards to the requirements of the regulations was also an enjoyable part, because this would lead to discussions within my team members regarding the interpretation of the regulations and this allowed me to be able to see and understand how other individuals had a perspective of certain matters.

I am so grateful for the opportunity i had to work for the SARB and the knowledge i have obtained while considering that i knew nothing about the banking industry before i joined the bank.

Credit Risk Management:
- Ensured that the banks comply with regulations that govern credit risk
- Provide credit risk assessments for locally and internationally listed banks
- Implemented in-house credit risk models 
- Prepared daily, weekly and monthly credit risk reports
- Implement pre-warning signals for investments with high probability of default
- Ran and compiled the Credit/Cash Management Report and monitored all credit exposures with counterparties to ensure good governance
- Reconciled the Credit/Cash Management Report with the Open Position Reported and investigated items reflected on the Exception Reports
-  Have good knowledge and understanding of BASEL II 

Share Performance and Investments: 
- Monitored and analysed monthly performance of share movements of all South African Reserve Bank’s investments and counterparties.
- Conducted financial analysis of SARB’s investments and researched the industry and the financial markets
- Prepared monthly and quarterly performance reports of investments 
- Researched relevant news relating to share performance and other financial news of counter-parties

The work culture was highly collaborative and they managed to create a learning organisation.

The hardest part of the job was dealing with some of the bureaucratic red tape that came with the organisation

The most enjoyable part was being the given the space to research on relevant topics.

I am currently working on a business case for the implementation of the Financial Budgeting and Reporting cloud solution, because there are already documented business requirements, I engage my business stakeholders once a week to update them on the progress thereof however when need arises I can reach out to them anytime.  What I have learned a lot is the role the bank plays in banking the government departments and state-owned entities and ensuring that the country at large to transact in collaboration with the banking industry. In terms of management, so far I have worked with very good leaders who are very supportive in the implementation of the projects I am working on. The culture at SARB is very laid back with diversity and inclusiveness. The hardest part of the job is at times working with very difficult stakeholders. The most enjoyable part of the job is leading the business analysis team during project implementation and ensuring that all artefacts are of good quality. 

The South African Reserve Bank (SARB) is so far the best employer. I am required to work a total of 8.5 hours each day, out of each an hour is allocated for lunch. On a daily basis, I collect data on economic indicators, conduct research on the state of the economy and specific topics allocated to me by my senior management. I also write reports that fit into quarterly reports on economic development, specifically Gross Domestic Product as well as design graphs on research findings .
 I also conduct presentations on a quarterly basis and sometimes randomly on ad-hock topics allocated to me by management.  Through these exercises, my report writing, research and  presentation skills have been constantly improving. I have learned a lot and gathered various skills including quantitative analysis, research and report writing. 
The SARB promotes integrity, accountability, growth, professionalism and most importantly, job security. The hardest part of my job is being expected to produce a report out of nothing; with no data or supporting  story-line. The most enjoyable part of it though is problem solving.

My typical day at work deals with checking up on the legal advice i have already sent out to client departments. THereafter i consider my workload and continue to advise my client departments on matters. My work environment is a friendly one where colleagues are always dbebating legal issues and we all act as students and teachers in this process. Line managers are helpful and i make an effort to show enthusiasm to my junior staff who i am responsiblre for by encouraging mentorship and skills transfer. I have learned that getting the job done entails advice not only from ones own research but also team work on team projects. The hardest part of he job is getting through the resd tape of an organo state. THe most ewnjoyable part of the job is delivering timeous, well reserached informative and correct advice to client departments.

I have more than 10 years of experience in IT and have fulfilled various roles, from Network Specialist, Information Security Advisor, IT Governance Manager and also assuming a role of a Business Relationship Manager. My current role focuses on ensuring there is governance over IT and managing the performance of IT, including reporting to the Audit Committee on IT performance. One of the key responsibilities is ensuring compliance to IT requirements for King III. This has also resulted in the development of IT Governance Framework and IT Charter for SARB and establishment of an IT Steering Committee for SARB. As a BRM I have acquired knowledge in business and IT alignment, which is very important if IT has to deliver good service and add value to the organisation, and minimize IT risks.  The role included developing and maintaining client relationships through communication with stakeholders, SARB end-user departments and external service providers.

The Reserve Bank was a formidable working environment at my first impression. One with rules and regulation one had to follow and keep up with. However, as I eased into my duties, I immediately regain my confidence to work as accuratly and speedly as to their motto. It is a well structured institution where every duty is well practiced accordly to their regulations.

Management are as proficient as possible yet very guiding and curtis. My co-workers were extraordinary people who took care of as I was the youngest in the business. Without their assistance and guidance I would not have gained my working experience and skill to perform my duties.

The hardest part of the job was not to thick out of the box, the policies that one had to work under was not of creative thinking. However, learning their way of work was most enjoyable and have the team support as we worked in teams was most rewarding.

Top Job Titles	Average Salary
Investment banking analyst 3 salaries reported	R 710 000 per year
Trade compliance officer 1 salary reported	R 350 per day
Systems architect 1 salary reported	R 350 per day
Strategic project manager 1 salary reported	R 350 per day
Statistician 1 salary reported	R 350 per day

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