govposts Circular 36 of 2026 · 385 new this week · 620 open Circular 36 · 620 open

Jobs · Gauteng · National Treasury

Director: Debt Issuance and Management

Division: Asset and Liability Management (ALM) Purpose: To finance the government’s borrowing requirements through the issuance of government securities in the domestic and international capital markets and manage the government’s existing stock of debt to broaden the total investor base.

Closing dateToday is Sat 17 Oct · SAST

Closes Monday 26 October 2026 at 12:00

The circular is the only authoritative source. Open the PDF at page 78

Free to use · independent of the DPSA · applications go to the department, never to us

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Senior post managing government borrowing and debt in domestic and international capital markets. Suits a finance or economics graduate with at least 5 years' middle or senior management experience in

  • Develop and carry out a domestic and foreign borrowing strategy for the National Treasury, and issue government securities in local and international markets.
  • Manage the government's debt portfolio to reduce refinancing risk and cost, and analyse market and portfolio data.
  • Build the investor base through investor engagement, road shows and a new investor website.
  • Must-have: Grade 12 plus a minimum Bachelor's degree (NQF level 7) in Economics, Finance, Actuarial Science, Commerce, Investment Management or International Economics.
  • Must-have: at least 5 years' experience at middle or senior management level in financial markets operations, plus knowledge of foreign interest rate markets and currencies.
  • Based in Pretoria. Successful completion of the Nyukela Public Service Senior Management Leadership Programme is required before appointment.
  • Closing date: not stated in the text. Enquiries only (no applications) to Recruitment.Enquries@treasury.gov.za.

Generated by claude-haiku-5-5 from the text below; it may be wrong or incomplete. Original wording, page 78

Requirements

  • A Grade 12 is required coupled with a minimum Bachelor’s. degree (equivalent to NQF level 7) in Economics or Finance or Actuarial science or Commerce or Investment Management or International Economics pertaining to the money and capital markets.
  • A minimum 5 years’ experience obtained at a middle or senior management level in financial markets operations.
  • Knowledge and experience of different research methodologies.
  • Knowledge and experience of market analyses related to information for utilisation in the broader business.
  • Knowledge and experience of dealing with various foreign interest rate markets and currencies.
  • Experience in qualitative and quantitative summarisation or analysis of domestic and foreign debt reports.
  • Successful completion of the Nyukela Public Service Senior Management Leadership Programme as endorsed by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of an appointment.

Duties

  • Finance borrowing requirement in domestic and international capital markets:
  • Develop and implement a domestic and foreign borrowing strategy for the National Treasury.
  • Initiate the issuing of government securities in the domestic and international capital markets.
  • Implement benchmark bonds in the domestic and international capital markets.
  • Determine the finance measures of government’s borrowing requirements in the domestic and international capital markets.
  • Stakeholder Engagement:
  • Develop and implement tools that will improve the investor base.
  • Develop and implement an investor website to improve stakeholder engagement.
  • Engage domestic and foreign investor stakeholders, through road shows and other mediums.
  • Develop relationship with stakeholders like banks, domestic and foreign investors and engage lawyers on certain conditional requirements.
  • Disclose listing requirements in domestic and offshore bond issuance:
  • Assist with compiling the annual Initiate the annual filing process of the 18K form with foreign stakeholders like the U.S.
  • Security Exchange Commission and Japan.
  • Adhere to disclosure and listing requirements associated with domestic and offshore bond issuance.
  • Engage stakeholders on general information in the sourcing and exchange of processing.
  • Verify information for correctness and ensure their accuracy.
  • Domestic and Foreign currency debt:
  • Coordinate the debt portfolio in order to reduce the re-financing risk and cost.
  • Initiate frequent market and portfolio analysis of qualitative and quantitative domestic and foreign currency debt information.
  • Monitor domestic and international economic events and their impact on the South African economy and the debt portfolio.
  • Analyse and advise on prudent debt management policies and recommend corrective debt strategies for implementation.
  • Perform Research on markets volatility:
  • Initiate research on capital markets pertaining to market volatility in the prudent management of debt.
  • Perform research on local and international markets to stay abreast of developments impact on foreign debt management issues.
  • Analyse and provide inputs to briefing notes and speeches.

How to apply

To apply visit: https://erecruitment.treasury.gov.za/eRecruitment

New to the Z83 form? Read the application guide.

Enquiries

enquiries only (No applications): Recruitment.Enquries@treasury.gov.za

Notes from the department

  • Effective from 7 April 2021, the National Treasury now utilizes an e-Recruitment System which means all applicants must login/register to apply for positions, we only accept hand delivered/posted applications should an applicant prove that he/she tried to apply via e-Recruitment with no success and the National Treasury ICT unit was unable to assist.
  • The applicant’s profile on the e- Recruitment is equivalent to the newly approved Z83, and it is the responsibility of applicants to ensure their profiles are fully completed or their applications will not be considered, as per the DPSA Practice Note.
  • Certain documentation will still be required to be uploaded on the system such as copies of all qualifications including National Senior Certificate/Matric certificate, ID, etc., however these documents need not be certified at point of application, however certification will be required prior to attending the interview.
  • Please note:
  • All shortlisted candidates, including the SMS, shall undertake two pre-entry assessments.
  • One will be a practical exercise to determine a candidate’s suitability based on the post’s technical and generic requirements and the other must be an integrity (ethical conduct) assessment.
  • It should be noted that the National Treasury does not support the use of Artificial Intelligence (AI) in any of its recruitment and selection processes and will disqualify an application if it picks up the use of AI when completing assessments without acknowledging the source of information.
  • Successful completion of the Nyukela Public Service SMS Pre-entry Programme as endorsed by the National School of Government, available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of appointment, is a requirement for all SMS positions.
  • All shortlisted candidates for SMS posts will be subjected to technical exercise and interview.
  • Following the technical exercise and interview, a maximum of three (3) SMS candidates will undergo psychometric assessments to assess cognitive capabilities, behavioural preferences, emotional intelligence, and integrity.
  • All qualifications, criminal and SA citizenship checks will be conducted on all short-listed candidates and, where applicable, additional checks will be conducted in line with the new DPSA Directive effective 01 April 2024.
  • Please note that by responding to our advertisement/s, you consent to the collection, processing, and storing of your Personal Information for internal HR processes in accordance with the Protection of Personal Information Act (POPIA), Act No.
  • 4 of 2013.
  • In the event that your application is unsuccessful, the Department will retain your personal information only for audit purposes as required by policies, only for a specific period, of which the submitted documents will then be destroyed as legislated in the National Archives Act.
  • It is the applicant’s responsibility to have all their foreign qualifications (this includes O and A level certificates) evaluated by the South African Qualifications Authority (SAQA), at your own expense.
  • Upon appointment, successful candidates will be required to disclose particulars of all registrable financial interests and to sign a Performance Agreement within 3 months from date of appointment and for candidates whose appointment exceeds 12 calendar months will be appointed on probation for the period of twelve (12) calendar months excluding leave taken as prescribed by Public Service Regulation 68.
  • The status of your application will be visible on the e-Recruitment system.
  • However, if you have not received feedback from the National Treasury within 3 months of the closing date, please regard your application as unsuccessful.
  • Note:
  • The National Treasury reserves the right not to fill the below-mentioned posts, withdraw or to put on hold a position and/or to re-advertise a post.
  • All queries must be submitted via email addressed to the Human Resources Recruitment Support Team on Recruitment.Enquiries@treasury.gov.za.
  • Kindly note that all National Treasury adverts published/LIVE on the eRecruitment System have a closing date listed and closing time of 12h00 (Midday) on that closing date.
  • The system is designed to automatically remove the advert from public view at exactly 12h00 (Midday) of the said closing date for that post.
  • There are no other means to submit applications post the closing date and time, if you have missed or delayed in submitting on time.

As printed in Circular 36 of 2026 · page 78 · open the PDF

POST 36/80: DIRECTOR: DEBT ISSUANCE AND MANAGEMENT REF NO: S111/2026 Division: Asset and Liability Management (ALM) Purpose: To finance the government’s borrowing requirements through the issuance of government securities in the domestic and international capital markets and manage the government’s existing stock of debt to broaden the total investor base.
SALARY: R1 317 384 per annum, (all-inclusive)
CENTRE: Pretoria
REQUIREMENTS: A Grade 12 is required coupled with a minimum Bachelor’s. degree (equivalent to NQF level 7) in Economics or Finance or Actuarial science or Commerce or Investment Management or International Economics pertaining to the money and capital markets. A minimum 5 years’ experience obtained at a middle or senior management level in financial markets operations. Knowledge and experience of different research methodologies. Knowledge and experience of market analyses related to information for utilisation in the broader business. Knowledge and experience of dealing with various foreign interest rate markets and currencies. Experience in qualitative and quantitative summarisation or analysis of domestic and foreign debt reports. Successful completion of the Nyukela Public Service Senior Management Leadership Programme as endorsed by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of an appointment.
DUTIES: Finance borrowing requirement in domestic and international capital markets: Develop and implement a domestic and foreign borrowing strategy for the National Treasury. Initiate the issuing of government securities in the domestic and international capital markets. Implement benchmark bonds in the domestic and international capital markets. Determine the finance measures of government’s borrowing requirements in the domestic and international capital markets. Stakeholder Engagement: Develop and implement tools that will improve the investor base. Develop and implement an investor website to improve stakeholder engagement. Engage domestic and foreign investor stakeholders, through road shows and other mediums. Develop relationship with stakeholders like banks, domestic and foreign investors and engage lawyers on certain conditional requirements. Disclose listing requirements in domestic and offshore bond issuance: Assist with compiling the annual Initiate the annual filing process of the 18K form with foreign stakeholders like the U.S. Security Exchange Commission and Japan. Adhere to disclosure and listing requirements associated with domestic and offshore bond issuance. Engage stakeholders on general information in the sourcing and exchange of processing. Verify information for correctness and ensure their accuracy. Domestic and Foreign currency debt: Coordinate the debt portfolio in order to reduce the re-financing risk and cost. Initiate frequent market and portfolio analysis of qualitative and quantitative domestic and foreign currency debt information. Monitor domestic and international economic events and their impact on the South African economy and the debt portfolio. Analyse and advise on prudent debt management policies and recommend corrective debt strategies for implementation. Perform Research on markets volatility: Initiate research on capital markets pertaining to market volatility in the prudent management of debt. Perform research on local and international markets to stay abreast of developments impact on foreign debt management issues. Analyse and provide inputs to briefing notes and speeches.
ENQUIRIES: enquiries only (No applications): Recruitment.Enquries@treasury.gov.za

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