Director: Debt Issuance and Management

About the role

The National Treasury is offering an internship in Director: Debt Issuance and Management in Asset and Liability Management, based in Pretoria. The stipend is R1,317,384 a year. How to apply: To apply visit: https://erecruitment.treasury.gov.za/eRecruitment Reference number to quote: S111/2026 Closing date: 26 October 2026 at 12:00 pm (Midday) Use the new Z83 form and attach a detailed CV.

Responsibilities

• 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

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.