Job Description

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

• Manage and coordinate project, change, operational and business analysis activities (e.g. identify deliverables, determine the scope of work and identify tasks) in order to develop and maintain the South African Multiple Option Settlement (SAMOS) system.
• Develop service level agreements with SAMOS participants and payment system operators.
• Ensure compliance with the service level agreements between the SAMOS system operator, the SAMOS participants and the payment system operators.
• Approve the business processes and procedures relating to the domestic settlement system.
• Assist with, coordinate and provide training and capacity-building initiatives to internal and external stakeholders.
• Manage the business relationships with SAMOS participants, payment system operators and internal stakeholders, and ensure that the necessary support is provided.
• Manage the testing of the domestic settlement system to ensure compliance with business and operational requirements.
• Develop and implement a cost recovery framework for the domestic settlement system.
• Support risk management (including cyber and operational risk) and compliance for the domestic settlement system.
• Develop and prepare operational reports on the domestic settlement system, monthly and when required.
• Conduct research to ensure alignment with international best practices.
• Act as a change champion for key strategic initiatives within the Domestic and Regional Settlement Services (DRSS) Division (e.g. real-time gross settlement (RTGS) system Renewal Programme or new product and service launches).
• Oversee and execute the tasks as set out by the stakeholder management framework and track key performance indicators (KPIs) as defined by senior management.
• Coordinate the onboarding of participants (banks and non-banks) to the RTGS.
• Report all suspicious fraud and ant-money laundering/combating the financing of terrorism/proliferation financing transactions to the RTGS Rules Management and Compliance Enforcement Unit.
• Coach and mentor junior staff members to ensure development and growth.
• Evaluate own and team members’ performance against given criteria and identify and address task-specific learning needs.
• Plan, organise, control, manage and evaluate the work of team members.

Qualifications

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

• an Honours degree (NQF 8) in Financial Management or Information Technology (IT), or an equivalent qualification; and
• 8−10 years’ experience in the banking, financial services or payment system environment.

Additional requirements include:

• knowledge of RTGS systems;
• knowledge of the SWIFT payment system messaging standards;
• strong experience in risk management;
• knowledge of the national payment system;
• project management skills and experience;
• analytical skills;
• decision-making skills;
• proven problem-solving skills;
• computer literacy;
• knowledge of research methodologies; and
• strong verbal and written communication skills.