(1085) Data Protection Officer - BSTD

Brief description

The main purpose of this position is to oversee data privacy within the South African Reserve Bank (SARB) Group, ensuring the organisation complies with the requirements of the Protection of Personal Information Act 4 of 2013 (POPIA).

Detailed description

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

• Develop policies and ensure the implementation of conditions for the lawful processing of personal information within the SARB Group.
• Oversee the development and maintenance of personal information frameworks, processes, measures, Promotion of Access to Information Act 2 of 2000 (PAIA) manuals, privacy tools, standards and procedures to ensure the lawful processing of personal information.
• Conduct impact assessments on existing processes and new projects to identify compliance gaps and recommend remedial actions.
• Lead the resolution of incidents and subject requests in line with service level agreements.
• Guide investigations and requests from the regulator and internal/external stakeholders.
• Provide training to key role players to increase their competence in executing information roles across the Group.
• Conduct awareness sessions to boards and executive committees and oversee sessions for the management committee.
• Provide statutory reporting to the regulators as required.
• Provide advisory and consultancy services on data privacy and access to information to the SARB Group.
• Stay informed about local and international (including other central banks) developments and best practices and ensure their application within own work.
• Ensure governance forums fulfil their responsibilities according to privacy legislative requirements.
• Approve any privacy and security technical solutions, ensuring they meet legislative requirements.
• Manage internal and external stakeholder relationships, ensuring sound and productive relationships.
• Prioritise a privacy auditing approach for the Group.
• Manage team performance and support career management and development.
• Lead the team with set objectives and targets, prioritise work, and manage resource utilisation and the quality of deliverables.

Job requirements

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

• an Honour’s degree in Compliance, Law, Information Systems, Risk Management or an equivalent qualification in a related field;
• a certified information privacy manager qualification;
• a certified information security professional (CISSP), certified information security manager (CISM) or equivalent qualification; and
• at least 8 to 10 years’ experience in data privacy, data protection or information security – either from a compliance or implementation perspective of which at least 3 years should be in people management.

Additional requirements include:

• a deep knowledge of POPIA and information-related legislation; and
• knowledge and skill in:
• industry, organisational and business awareness;
• continued learning and/or professional development;
• quality assurance; 
• compliance assessment;
• project management; and
• continuous improvement. 

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.

About SARB

 

Primary mandate of the SARB

 

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.

The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.

 

WHAT WE DO

 

Monetary Policy

 

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.

 

Financial Stability

 

The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.

 

Prudential Regulation

 

The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.

 

Financial Markets

 

Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.

 

Financial Surveillance

 

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

 

Payments and Settlements

 

The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.

 

Statistics

 

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

 

Research

 

Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.

Banknotes and Coin

 

The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.