Credit Risk Analyst (Former Employee) – City of Tshwane, Gauteng – 27 November 2018
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.
Researching on relevant topics, good leadership and great working environment
Regulatory driven and therefore rigid and bureaucratic.
Divisional Head: Banking and Insurance Department (Current Employee) – Pretoria, Gauteng – 13 September 2018
Top management lack management skills and fear challenges. Prone to victimization on the highly qualified and experienced. Too much favours to those without necessary knowhow. Top management believe in tokenism and tend to favour those who always agree with everything. Staff disillusioned and uoung people eave sooner than expected. No transformation. Retention strategy failing because the implementation is not effective. Too much talking but fail to execute plans.
Rigidity and lack of management skills on top management.
Programme and Project Administrator (Current Employee) – Pretoria, Gauteng – 6 November 2018
Everyday has its challenges but nothing that can I can not manage in a professional and positive manner. Accuracy is key and meeting deadlines make you a winner. It is a very friendly, but serious company. I really enjoyed working at SARB.
Access to the gym, Laundromat and shoe repair. In-house canteen.
I have learned about the most important values in the finance industry as they are part of the business and they are: 1. Integrity 2. Accountability 3. Trust and Respect 4. Open Communication 5. Excellence
I have incorporated these values in myself and intend to apply them wherever I go.
Personal Assistant (Current Employee) – Pretoria, Gauteng – 8 May 2018
Managing the offices of the senior managers of the relevant units within the IERPD. Performing duties related to office administration, including receipt and processing of correspondence, documents and mail. Providing secretarial support services, including diary and contacts management, and making all arrangements to receive visitors. Maintaining the filing system. Handling telephone calls, and making arrangements for travel and accommodation. Typing reports, correspondence, memorandums, agendas and minutes, and attending to ad hoc projects and requests. Liaising with appropriate people in the IERPD, other departments and external stakeholders. Manage leave and attendance according to the (HR) Leave Policy. Liaising with international financial organisations
Flexi hours, Free lunches, Gym, Free parking and Day care centre
Business Analyst (Former Employee) – Pretoria, Gauteng – 17 January 2018
On a typical work day, the workload is manageable I learned that team work is very important, but then once in a while one has to take ownership and be devoted Management was very efficient and effective at SARB When coming to workplace culture no one would want to leave The hardest part about being a BA was attempting to elicit requirements from a busy SME The most enjoyable task about being a BA was having to present a properly planned solution
Free lunch post a successful solution implementation
Fun place to work and broaden view on Exchange Control
Department Head (Former Employee) – Gauteng – 12 December 2017
Mostly work with financial rand transactions and why at that stage the difference between normal rand and the financial rand. Management were very narrow in there outlook at not much scope for being promoted to higher levels.
I enjoy managing people and developing staff to equip them for their work. Red tape in the Banks is prevalent.
Assistant General Manager (Current Employee) – Pretoria, Gauteng – 30 January 2018
Young people find it difficult at times to work for bureaucratic organization. By the same token, managers find it difficult to manage both young people aspiration and elderly people's fear of the future.
Acting Shift Control officer (Former Employee) – East London, Eastern Cape – 11 August 2017
It has been a great learning experience working at the Rerserve Bank. We were offered many opportunities to improve our studies in our chosen career paths. Staff happiness was very important to the bank and there was open communication between the bank and the staff at all times.
Shift work and great salary and benefits, eg: pension, medical aid
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.
Event Coordinator,clerk (Former Employee) – Gauteng – 16 March 2017
I am an accomplished administrator and document manager and a junior in the Banking and finance sector. Over the past year, I have provided high-level support in a variety of industries and across multiple functional areas of the South African Reserve bank.
Its a good company, lovely working environment, i am just looking for a room of improvement elsewhere. i really think a method to measure growth is going out there see if what you already know is valid and sustainable.
Telephonist (Former Employee) – Pretoria, Gauteng – 24 May 2017
Typical day started at 7:30 every morning and it was very busy from there on with phones ringing non stop. I learned communication skills, patience and being alert and ready to tackle different clients requirements. Workplace culture was incredible. It was a highly busy place but every single person was available to assist when needed. The hardest part of the job was when clients were not able to get hold of the people they were looking for in urgent situations. The most enjoyable part of the job was the state of the art switchboard, the IT support and friendly staff.
Formal work place as i had expected before joining the industry, the people and management were very helpful, they taught me a lot that i know today.
Before then i didn't know simple things like operating a printer, but within a few months i could teach people who have worked there for years about a few other things. I am a fast learner and take pride in my work.
I will forever be great-full for the platform i got.