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Banking & Forex Associate
2 weeks ago
PURPOSE OF THE ROLE
The overall purpose of the role is to execute payments, FX transactions and Investment transactions.
PRINCIPAL ELEMENTS & ACCOUNTABILITIES
Execution of local client and offshore forex payments in compliance with internal processes.
Execution of NavOne payments in compliance with internal processes.
Execution of local and Offshore Investment trades in compliance with internal processes.
Booking of foreign exchange rates on behalf of clients
Investment deal executions
Accurate completion of BOP forms and associated administrative tasks
QUALIFICATIONS AND EXPERIENCE
NQF5 Level qualification in Banking or Foreign Exchange or related fields.
5 Years experience required w
rt:
Foreign exchange and exchange control background from a local bank (preferably from Private Client / Wealth environment).
Payment execution and FX Dealing experience necessary.
Investment trades (beneficial but not a requirement ).
SKILLS
Proficient in Banking Platforms (online banking) essential
E-mail and MS Office Packages
Knowledge of the following is essential:
- Exchange Control
- Exchange Control
Non-Resident Banking
Exchange Rates and the theory behind them
Understanding of Markets
Ability to work in a highly pressurized environment
A record of high integrity and clear background checks.
Knowledge of Investment dealing beneficial.
COMPETENCIES AND BEHAVIOURS
Planning & Organizing:
Schedules & manages workload effectively, thinks ahead, sets plans to achieve goals
Teamwork:
Supports & works towards team goals, shares information, is helpful & co-operative, works effectively with people outside immediate team ( within the wider group)
Communication skill:
Communicates clearly and concisely, listens effectively, written communication is well presented, ability to deal with sophisticated clients under circumstances that can sometimes be challenging
Client orientated:
Understands and satisfies client needs at all times, delivers excellent client service, takes full responsibility & accountability for all client matters including delegated tasks.
Accuracy, quality & productivity:
Delivers work of a high standard, output is accurate & error free, productivity is satisfactory & consistent
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