(1255) Junior Economic Statistician - ESD

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

• Assist senior economic statisticians by conducting research and analysis, preparing sections of reports, including planning, structuring and drafting reports on changes in economic activity. 
• Demonstrate a basic understanding and application of all methodological standards, techniques and protocols that apply to own work. 
• Input data across all short-term economic indicators and disciplines covered in the national accounts area into the structured database to maintain a comprehensive, updated and accurate statistical database.
• Administer primary survey instruments and collect secondary data from agreed sources, for example, Statistics South Africa, South African Revenue Service and National Treasury.
• Check the accuracy of data received, validate source data and frequently liaise with respondents.
• Analyse and reconcile new data from financial statements and other national accounts statistics.
• Monitor and analyse the economic conditions affecting the economy in general. 
• Apply all relevant methodological standards, techniques and protocols that apply to own area of work to ensure adherence to international best practices.
• Monitor developments in research and statistical methodologies, evaluating how these changes may affect own area of work.
• Assist with the preparation of briefings and presentations on research findings and statistical analysis and present these to the internal team.

To be considered for this position, candidates must have:

• an Honours degree in Accounting, Economics, Statistics and/or a related field; and
• two years’ experience in the field of economic analysis, research and/or macroeconomics, microeconomics or financial economics.

Additional Requirements Include:

• proficiency in English (both written and spoken); 
• proficiency in the use of Microsoft (MS) Office products (e.g. MS Word, Excel and PowerPoint);
• ability to programme in R and/or Python and related open-source software; 
• an affinity for statistics and economic analysis;
• insight and knowledge regarding the international statistical manuals; 
• being task-oriented, with time management skills to operate in a deadline-driven environment that often requires working under pressure, without compromising on quality;
• ability to work independently as well as within a team/project environment;
• good report writing skills;
• an affinity for statistical compilation applying computerised systems;
• initiative and problem-solving skills;
• good communication and interpersonal skills; and
• analytical skills and the ability to pay attention to detail.

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.

Human Resources Department

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.