Exchange Control Senior Consultant

2 weeks ago

Johannesburg, South Africa Standard Chartered Full time

**Job***: Operations

**Primary Location***: Africa & Middle East-South Africa-Johannesburg

**Schedule***: Full-time

**Employee Status***: Permanent

**Posting Date***: 03/May/2023, 7:14:51 AM

**Unposting Date***: 17/May/2023, 5:59:00 PM

**The Role Responsibilities**:

- Adhere to all Exchange Control processes and practices within the Exchange Control Team thereby ensuring the retention of our Authorised Dealer’s License and providing excellent client service.
- To pro-actively identify and assist in the implementation of activities across the SCB Branch and to ensure effective Exchange Control compliance within the regulatory guidelines.
- To proactively, efficiently and effectively support Banking and Service Delivery Divisions, ensuring that operational risk is well managed so that the Bank does not suffer any financial or reputational losses as a result of exchange control non compliance, whether it be processing, fraud, delays or errors in nature.
- Understand the nature of transactions from an Exchange Control perspective thereby ensuring that our administration aligns with current Rules, Regulations and Policies.
- Ensure that all reported transactions and bank reports are filed in a systematic manner in the share drive.
- Administrator function for the loan reporting system.
- BCP testing in line with group standards to be performed by selected staff.
- Drawing a report for Advance payment and sending of letters in terms of standard processes.
- Drawing a report for Merchanting Transactions and sending of letters in terms of standard processes.
- Drawing a report for Non Resident and sending of letters in terms of standard processes.
- Drawing a report for CFC transactions and sending of letters in terms of standard processes.
- Processing the report received from FMO for FEC (POU’s) and sending of letters in terms of standard processes.
- Ensure that all SARB onsite and offsite inspection reports, or enquiries are investigated and concluded within expected time frames.
- Ensure that Exchange Control mail box is reconciled by close of business each day and that all transactions and queries have been responded to within agreed SLA’s.
- Make use of AOM to log all daily activities.
- Ensure that all pertinent information is loaded to the share drive for the common benefit of the exchangecontrol team. Ensure that the drive is regularly (monthly) updated.
- Adverse service impacting but not limited to transactions for Platinum/Hyper care clients to be escalated as per the guidelines. GEMS to be used in consultation with CSG or CM where necessary.

**Strategy**:

- As received from Cash Group and Exchange Control Policy.

**Business**:

- Ensure that the BOP system and other Exchange Control related systems are fully operational at all times.
- Ensure BOPCUS reporting is processed within 48 hours of processing, using vendor system (Synthesis) to do so. Ensure Check sum is managed and used to identify incorrect or missed reporting.
- To ensure the effective day to day control over the BOP System and action of all related reporting requirements including repair of rejections.
- Be accountable for ensuring the integrity of information or data submitted to the SARB via the Cross Border Foreign Exchange Transaction Reporting Systems.
- Daily and monthly filing to be performed daily and by the 10th day of the following month respectively.
- Submission of regulatory reporting requirements for CTR and IFTR, in line with laid down procedures.
- Manage day to day activities of Exchange Control comprising of Exchange Control pre
- and post-vetting as well as reporting of various requirements such as Cash Threshold Report (CTR), International funds transfer (IFTR), Balance of Payments (BOPCUS) and any other regulatory reporting.

**Processes**:

- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Lead the [country / business unit / functional team] to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention;The Right Environment.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Adhere to all regulations pertaining to Exchange Control as prescribed by the SARB and external stakeholders at appropriate levels ensuring an open and cooperative environment.

**Risk Management**:

- Enforce risk management controls as laid down in CMO and Exchange Control procedure guides;
- Identification, escalating and documenting of operational risks and implementing initiatives to close same;
- Ensure that audit Ripples are

  • Head of Exchange Control

    2 weeks ago

    Johannesburg, South Africa CSG Recruit Full time

    My client has an opportunity for a Head of Exchange Control to join their team in Johannesburg. **Requirements**: - Relevant Degree / Post Graduate Qualification - 10 -15 years experience in banking and Exchange Control at a senior level - A minimum of 5 years of experience dealing with the SARB Exchange Control Department - Must have substantial knowledge...

  • Specialist Exchange Control

    4 weeks ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary Join...

  • Exchange Control Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 127975- Tshego Semenya**Cluster** - Group Risk**Career Stream** - Regulatory Risk and Compliance**Leadership Pipeline** - Manage Self: Technical**Position** - Exchange Control Analyst - SA**Job Purpose** - To analyse and interpret trends, best practice, regulatory risk reports and requirements,...

  • Foreign Exchange Consultant

    4 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    A leading bank in South Africa is looking for a Confirmations OfficerExperienceHave at least 2 years’ banking experience  or Have suitable knowledge of:Suitable knowledge within Derivative ProcessingDerivative Product knowledgeForeign Exchange knowledgeBe computer literate and have a good working knowledge of MS Office suite, Internet & MS Outlook.Is able...

  • Executive Assistant Exchange Control

    4 weeks ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To deliver a support service to the office of the Currency and Exchanges Executive and support various teams in terms of interfacing between the Executive and key stakeholders To provide executive assistant administrative support which includes attending meetings and forums,...

  • Senior Credit Controller

    4 weeks ago

    Johannesburg, South Africa Adcorp Holdings Full time

    **Synopsis** My client is seeking a Senior Credit Controller to manage the Corporate Key Business credit collection portfolio and ensure that the accounts are paid when due. **This is a 12 month contract.** **Qualification and Experience** - Matric - essential. - Diploma in Credit Management would be an advantage. - 2-5 years of Credit control experience. -...

  • Senior Credit Controller

    4 weeks ago

    Johannesburg, South Africa Adcorp Holdings Full time

    **Synopsis** My client is seeking a Senior Credit Controller to manage the Corporate Key Business credit collection portfolio and ensure that the accounts are paid when due. **This is a 12 month contract.** **Qualification and Experience** - Matric - essential. - Diploma in Credit Management would be an advantage. - 2-5 years of Credit control experience. -...

  • Senior Debtors Controller

    4 weeks ago

    Johannesburg, South Africa GAP Consulting Full time

    Gauteng, JHB - Central - Transport & Logistics - R 25 000 - R35 000 - Job ref: TL000235/HVDM - Vacancy type: Permanent SHIFTINTOHIGHCAREER by joining a Logistics Company that seeks the expertise of a Senior Debtors Controller **Minimum Requirements** - Must have at least 10 years experience as a Debtors Controller in the Logistics Industry - Parcel Perfect...

  • Cybersecurity, Senior Consultant

    4 weeks ago

    Johannesburg, South Africa Specd Full time

    **Job Title**:Cybersecurity, Senior Consultant **Location**: Johannesburg **Primary Purpose of the Job**: The role of the Cybersecurity Consultant includes contribution to technical insights relevant to client engagements and internal projects. Actively establish, maintain, and strengthen internal and external relationships. Execution of cybersecurity...

  • Senior Credit Controller

    3 weeks ago

    Johannesburg, South Africa TalentCru Full time

    My client is seeking a Senior Credit Controller to manage the Corporate Key Business credit collection portfolio and ensure that the accounts are paid when due. This is a 12 month contract.Matric - essential.Diploma in Credit Management would be an advantage.2-5 years of Credit control experience.1 Year Financial reconciliation experience.Experience in forex...

  • Senior Credit Controller

    2 weeks ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    My client is seeking a Senior Credit Controller to manage the Corporate Key Business credit collection portfolio and ensure that the accounts are paid when due. This is a 12 month contract.Matric - essential.Diploma in Credit Management would be an advantage.2-5 years of Credit control experience.1 Year Financial reconciliation experience.Experience in forex...

  • Senior Credit Controller

    3 weeks ago

    Johannesburg, South Africa TalentCru Full time

    My client is seeking a Senior Credit Controller to manage the Corporate Key Business credit collection portfolio and ensure that the accounts are paid when due. This is a 12 month contract. Matric - essential. Diploma in Credit Management would be an advantage. 2-5 years of Credit control experience. 1 Year Financial reconciliation experience. ...

  • Senior Consultant

    4 weeks ago

    Johannesburg, South Africa Sapiens Full time

    **Senior Consultant**: - Req ID: 51970- Location: Johannesburg, South Africa**Senior Consultant - Location: South Africa - Remote** We are looking for a Senior Consultant with international outlook and experience from the IT-insurance industry for Tia Professional Services in South Africa. Are you ready to join a team of professionals that works with a...

  • Senior Consultant

    4 weeks ago

    Johannesburg, South Africa Sapiens Full time

    **Senior Consultant**: - Req ID: 52165- Location: Johannesburg, ZA**Senior Consultant - Location: South Africa - Remote** We are looking for a Senior Consultant with international outlook and experience from the IT-insurance industry for Tia Professional Services in South Africa. Are you ready to join a team of professionals that works with a...

  • Senior Sustainability Consultant

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    Business developmentFinancial modellingClimate change?_ - Let us hear how you plan on saving the planet._ An ever-growing Audit Firm, that has proven itself time and time again and is at the forefront of innovation, is looking for a **Senior Sustainability Consultant (Manager) **to join their ranks. This individual will spend most of their time working on...

  • Senior Risk Consultant

    4 weeks ago

    Johannesburg, South Africa Aon Corporation Full time

    Posting Description: **Senior Risk Consultant** Aon Consulting South Africa has an exciting opportunity for a Senior Risk Consultant to join our team in the Property Risk Control and Engineering practice. **This role will primarily focus on -** - Developing structured solutions to client's risk management challenges / exposures, including research and...

  • Intermediate and Senior Corporate Consultants

    7 days ago

    Johannesburg, South Africa Cullinan Holdings Full time

    As an **Intermediate Corporate Consultant**, servicing **Egencia**, you will work within our Service Delivery to delight our customers and amplify Egencia’s status as the best travel management company on the planet. **Egencians** are pioneers, problem-solvers and people-people who collaborate globally to give business travelers the very best experience...

  • D365 Ce Sales and Marketing

    4 weeks ago

    Johannesburg, South Africa H2R Full time

    Gauteng, JHB - Northern Suburbs - Market related - Market related Hourly Cost To Company (Market related) Our client in the Consulting Industry requires the appointment of a ** Senior Customer Engagement Sales and Marketing Consultant **for a period of Seven (7) months with the following experience: - Certifications in Dynamics 365 - Senior Sales &...

  • Senior Social Consultant

    4 weeks ago

    Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Johannesburg- Salary- R650k - R450k- Job Type- Permanent- Education- BSc Honours Environmental- Experience- 5 - 10 years- Reference- SR120922SSCRB- - engineering.jobs(at)staffingprojects.co.za- Fax- 0867182241A leading international consulting firm is looking for a Senior Social Consultant to join their team in...

  • Senior Creditors Clerk

    7 days ago

    Johannesburg, South Africa Worxs4U Recruitment Full time

    Job Overview **Expiration date**: 16 March 2024 **Location**: Johannesburg, Gauteng **Job Title**: Senior Creditors Clerk (Forex) **Education Level**: High School / Matric **Job Level**: Senior **Minimum Experience**: 5- 7 Years Senior Creditors Clerk (Forex) - Bedfordview, Johannesburg. **Requirements**: - Grade 12 / equivalent - 5 or more years...