(1713) Executive – Currency Cluster - ExMan

Detailed description

The successful candidate will report to a Deputy Governor and be responsible for the overall management and strategic direction of the Currency Cluster of the SARB. The key performance areas include the following:

• Oversee the strategic and operational effectiveness of the Currency Cluster, which entails planning and distributing currency within South Africa, protecting the SARB’s staff and assets, and integrating key value-chain activities to ensure strategic alignment across the operations of the SARB Group entities regarding currency and security management.

• Direct the corporate initiatives linked to the cluster’s strategies and communicate their implications to the cluster’s heads of department and managing directors for implementation.

• Review and coordinate annual operational plans, risk matrices and budgets for the financial year, including staffing and structural changes in the departments and subsidiaries within the cluster.

• Facilitate the development and implementation of integrated policies and procedures to drive the execution of the organisational strategy and ensure the operational effectiveness of the cluster.

• Review financial statements, activity reports and performance data to measure the achievement of goals and enhance operational effectiveness and efficiencies.

• Report on the progress status of the cluster to the GEC on a regular basis and seek endorsement or approval for the implementation and resourcing of programmes within the cluster.

• Lead the negotiation of major contracts and agreements with suppliers and service providers in line with the SARB’s procurement and budget policies as well as its delegation of authority.

• Provide assurance to the GEC on the cluster’s impact on the cash industry and SARB Group entities, including the financial and organisational implications thereof.

• Ensure that all risks associated with the cluster’s activities are identified, assessed and appropriately mitigated.

• Manage performance, build commitment of direct reports, and ensure that the cluster has the skills and talent to support long-term sustainability and organisational performance.

• Build the SARB’s capacity to produce profitability for other countries.

• Ensure that the SARB’s currency-producing subsidiaries operate at globally competitive levels.