Overview
The main purpose of this position is to provide managerial leadership and direction in the execution of the end-to-end strategic sourcing activities of the South African Reserve Bank (SARB) – including strategic planning and sourcing, supplier development, commercial contract negotiation and supply chain management – in a quality, economical, value-adding and transparent manner.
Detailed description
The successful candidate will be responsible for the following key performance areas:
Responsibilities
- Develop and manage the implementation of the strategic sourcing strategy of the SARB.
- Ensure governance and compliance with the procurement policies and guidelines of the SARB.
- Develop sectional operational plans aligned to the Financial Services Department and the SARB, and clarify performance expectations for own team.
- Drive the implementation of the sourcing and category management strategies.
- Provide strategic guidance to category leads on selected sourcing mechanisms.
- Calculate and analyse the costs of procurement, and suggest methods to synergise supply opportunities to decrease expenditure and add value to the SARB.
- Research and identify reliable and trustworthy suppliers, and strategise and negotiate with them in order to acquire the most cost-effective deals and to reduce procurement expenses.
- Manage the stakeholders within the supply chain to derive maximum economic benefit and continuity of supply to the SARB.
- Manage and oversee the identification of opportunities for strategic sourcing within the SARB Group, including the identification of strategic partners, and employ negotiation strategies to secure profitable deals.
- Analyse and integrate sectional management information for reporting to top management and other relevant stakeholders.
- Collaborate and liaise with the operations and governance sections to optimise the procurement and governance process in order to attain maximum efficiency.
Job requirements
To be considered for this position, candidates must be in possession of:
- the minimum of an Honours degree (NQF 8) in Commerce or Supply Chain Management, or an equivalent qualification; and
- the minimum of 8–10 years of experience in a strategic sourcing environment, of which at least 2–3 years should have been in a management capacity.
Added advantage
- a Chartered Accountant (SA) qualification;
- a Chartered Institute of Purchasing and Supply (CIPS) certification.
Additional requirements
Additional requirements include:
- knowledge and skills in:
- industry, organisational and business awareness;
- quality assurance;
- continued learning and/or professional development;
- the procurement reporting process and metrics;
- procurement markets;
- strategic sourcing;
- category management;
- contract management;
- analytical and problem-solving skills;
- judgement and decision-making skills;
- conceptual and critical thinking;
- developing and growing others;
- planning and organising;
- a service and stakeholder focus;
- impact and influence; and
- internal and external stakeholder engagement.
This position will be advertised internally and externally.
How to apply
All interested parties are invited to apply.
Internal applicants MUST apply through the HCM Cloud Solution.
Follow these links:
- Under Current Jobs, click on Search Jobs, then select the job you want to apply for.
External applicants MUST apply online, via www.resbank.co.za.
All available vacancies will be visible
Follow these links:
- Click on WORK @ SARB (Career opportunities).
- Under Latest vacancies, scroll to ‘For more vacancies click here’ and click on here.
- Click on All jobs.
- Select the job you want to apply for.
- − Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or
- − Already registered on our Job Site? > Already registered? > Login here.
Do not enclose copies of your identity document or qualifications with your application.
Shortlisted applicants will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process.
The closing date for applications is 18 February 2026. Late applications will not be considered.
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.
The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.