(966) Currency Device Management Officer – CMD

South African Reserve Bank

Closing date: 04 April 2025

Pretoria, Gauteng

Full-time

Job Description

Brief description

The main purpose of this position is to act as the custodian of all the currency protection devices (CPDs) used within the cash industry and ensure that the necessary processes to manage these devices are actioned in accordance with defined standards, guidelines and regulations. 

Detailed description

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

• Act as the custodian of all CPDs. 
• Develop, maintain and distribute standards, guidelines and regulations associated with CPDs. 
• Manage internal and external stakeholder relationships, and ensure information flow for the identification and resolution of queries and/or compliance matters. 
• Process, review and seek approval for all suppliers’ applications for CPDs. 
• Monitor the compliance of CPDs to standards, guidelines and regulations.
• Maintain a database of approved CPDs, users and suppliers. 
• Research and analyse trends related to CPDs, and understand and adapt to changes and/or developments in the South African cash industry. 
• Guide and support dye-stained note processing with regard to industry claims. 

Qualifications

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

• a Bachelor’s Degree (NQF 7) in Engineering (Mechanical, Chemistry and/or Chemical) or an equivalent qualification; and
• three to five years’ relevant experience in currency management or equivalent experience.

The following would be an added advantage:

• an understanding of currency management and central banking.

Job-related knowledge and skills requirements include: 

• industry, organisational and business awareness; 
• stakeholder management skills; 
• continued learning and/or professional development skills; 
• legislation, governance, risk and compliance knowledge and skill; 
• quality assurance skills; 
• the ability to manage diverse stakeholders; 
• a learning focus; and 
• research methodologies knowledge. 

Additional requirements include: 

• the ability to effectively communicate with stakeholders at multiple levels; 
• planning and organisational skills; 
• data analysis skills; 
• the ability to work independently; 
• analytical and problem-solving skills; 
• a service and stakeholder focus; 
• judgement and attention to detail; 
• teamwork skills; 
• impact and influence; 
• the ability to be proactive with a drive for results; and 
• flexibility.