Exchange Control Analyst
4 weeks ago
**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, draft, maintain, monitor internal controls, policies, procedures and documentation associated with exchange control compliance and risk management to ensure regulatory standards across the Nedbank Group are met. Preparation of reports (ERCO, GRCMC, FCC, OPCOM, etc). Attendance of Excon related meeting with internal and external stakeholders.**Responsibilities**:
- Assess associated risks, benefit and value add of best practices and regulatory risk requirements to identify the impact on Nedbank, ensuring that Exchange Control risks are mitigated within service level agreements and timelines.
- Provide advice, input, and guidance to stakeholders, through analysis and interpretation of processes, policies, procedures, practices, frameworks, risk appetite and plans to ensure alignment to best practice, compliance, and regulatory risk requirements.
- Review and update of reports, processes, policies, procedures, practices, frameworks, risk appetite and plans.
- Internal and External stakeholder engagements associated with Exchange Control risk and compliance.
- Provide input into new and existing business products and processes through identifying and analysing associated risks related to Exchange Control to prevent risks.
- Liaise with stakeholders to fully understand expectations and/or requirements to update management and stakeholders on progress, best practice, regulatory risk requirements and ensure expectations are met.
- Maintain relationships with relevant stakeholders through formal and informal interaction to obtain applicable content and/or trends to provide advice to stakeholders.
- Interact with stakeholders to build and maintain mutually beneficial relationships.
- Draft and or maintain internal controls and or relevant documentation by sourcing and analysing relevant information to ensure best practice and regulatory risk requirements are met.
- Monitor identified risks and the implementation of internal controls by tracking and monitoring relevant information and documentation to ensure that compliance requirements are adhered to and corrective action taken.
- Follow up on identified risks and corrective action to be taken by stakeholders within specified time-frame through meetings and/or electronic medium to ensure that best practice and regulatory risk requirements are met.
- Obtain feedback and / or input from stakeholders on identified risks to ensure these risks are monitored through applicable governance forums and structures.
- Create awareness of and distribute new and or updated internal controls and documentation through formal and informal channels to ensure implementation, compliance, risk management and alignment by stakeholders.
- Analyse amended and or new legislation and or best practice through identification of impacts and or gap in existing internal controls and advise relevant stakeholders for updated to policies, processes, etc. to be affected and corrective action to be taken.
- Identify opportunities to improve business understanding and enhance knowledge by analysing, drafting, maintaining, and monitoring internal controls and documentation to add value and mitigate risks.
- Identify training courses and career progression for self through input and feedback from management to improve personal capability and to stay abreast of developments in field of expertise.
- Participate and support culture building and corporate social responsibility initiatives.
**Essential Qualifications - NQF Level**
- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Finance, Commerce, Business
- Minimum Experience Level- 5-7 years’ experience in Regulatory Risk and Compliance management and/or Exchange Control
**Type of Exposure**
- Analysing situations or data
- Displaying high level of ethics, integrity and confidentiality
- Building and maintaining effective relationships with internal and external clients
- Communicating complex information
- Communicating complex written information
- Interacting with regulatory and industry bodies
- Providing guidance on exchange control rules; regulations and directives
- Report Writing
- Quality Orientation
- Professional Knowledge and Skills
- Planning and Organising
- Building Partnerships
- Initiating Action
- Continuous Learning
**Technical / Professional Knowledge**
- Business Acumen
- Industry trends
- Relevant regulatory knowledge
- Relevant Software and system Knowledge
- Stakeholder management
- Business writing skills
- Exchange control knowledge
- Governance Risks and Controls
**Disclaimer**
**_Please contact the Nedbank Recruiting Team at +27 860 555 566_**
- **_Please
-
Specialist Exchange Control
4 weeks ago
Johannesburg, South Africa Absa Bank Limited Full timeBring 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...
-
Head of Exchange Control
1 week ago
Johannesburg, South Africa CSG Recruit Full timeMy 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...
-
Exchange Control Officer
3 days ago
Johannesburg, South Africa Africentric People Solutions Full time**EXCHANGE CONTROL OFFICER** **1.**JOB PURPOSE** **2.**RESPONSIBILITIES** **Strategy** - Ensure that operational risk is well managed to minimize financial loss or reputational damage resulting from incorrect exchange control non-compliance, processing, fraud, delays and errors - Understand Exchange Control transactions to ensure that the administration...
-
Exchange Control Specialist
3 weeks ago
Johannesburg, South Africa FirstRand Full timeJob Description - Manage costs / expenses within approved budget to achieve cost efficiencies for the Team. - Deliver exceptional service that exceeds customers’ expectations through proactive, innovative and appropriate solutions. - Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project...
-
Exchange Control Specialist
3 weeks ago
Johannesburg, South Africa FirstRand Full timeJob Description - Deliver exceptional service that exceeds customers’ expectations through proactive, innovative and appropriate solutions. - Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members by Liaising with South African Reserve Bank on Exchange...
-
Exchange Control Specialist
6 days ago
Johannesburg, South Africa FirstRand Full timeJob Description - Manage costs / expenses within approved budget to achieve cost efficiencies for the Team. - Deliver exceptional service that exceeds customers’ expectations through proactive, innovative and appropriate solutions. - Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project...
-
Exchange Control Specialist
1 week ago
Johannesburg, South Africa FirstRand Full timeJob Description Hello Future Exchange Control Specialist Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our team in FNB Commercial Forex Advisory Services, you will be surrounded by unique talents, diverse minds, and an...
-
Exchange Control Specialist
4 weeks ago
Johannesburg, South Africa FirstRand Full timeJob Description Hello Future Exchange Control Specialist Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our team in FNB Commercial Forex Advisory Services, you will be surrounded by unique talents, diverse minds, and an...
-
Manager: Exchange Control
3 weeks ago
Johannesburg, South Africa Nedbank Full time**Job Purpose** - To manage and lead a team to ensure that an exchange control advisory and consultation service is provided to stakeholders that complies with the exchange control rules; regulations and directives as set by the South African Reserve Bank (SARB). **Responsibilities**: - Build and maintain relationships with key stakeholders through regular...
-
Exchange Control Manager C
3 weeks ago
Johannesburg, South Africa FirstRand Full timeAbout us, purpose, experience and qualifications **about us**: - make a promise - be deeply invested - value our differences - build trust, not territory - have courage - always do the right thing **purpose**: - To continuously review communications within the broader FNB group to ensure continued awareness of Exchange Controls.**experience and...
-
Foreign Exchange Control Manager
2 weeks ago
Johannesburg, South Africa Accounting & Financial Advisory Full timeJob Title: Foreign Exchange Control Manager Job Purpose: The Foreign Exchange Control Manager is responsible for overseeing and ensuring compliance with foreign exchange regulations and policies. They are responsible for managing and mitigating risks associated with foreign exchange transactions and maintaining strong relationships with regulatory bodies...
-
Exchange Control Manager
4 weeks ago
Johannesburg, South Africa Isilumko Staffing Full timeWe are looking for an experienced individual to work for one of the Top 4 Banks as an Exchange Control Manager, at the office in Johannesburg. Responsible for cross boarder payments, foreign exchange (buy and sell), processing Day to day team management Conduct performance appraisals for the team Must have a B.Com / B.Sc. / LLB / IT Mature...
-
Exchange Control Specialist D
4 weeks ago
Johannesburg, South Africa FirstRand Full timeAbout us, purpose, experience and qualifications **about us**: - make a promise - be deeply invested - value our differences - build trust, not territory - have courage - always do the right thing **purpose**: **experience and qualifications**: - Minimum Qualification - Grade 12 or Certificate or Degree. - Experience - 3 years related...
-
Exchange Control Consultant
3 days ago
Johannesburg, South Africa FirstRand Full timeJob Description To vet and ensure all cross-border payments meet the requirements of the South African Reserve Bank (SARB) prior to the payment being released. To consult with relevant internal and external stakeholders to ensure that all requirements are met before payments are submitted. Hello Future Exchange Control Consultant Welcome to FNB, the home...
-
Exchange Control Specialist
2 weeks ago
Johannesburg, South Africa FirstRand Full timeAbout us, purpose, experience and qualifications **about us**: - FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand’s business values. We recruit self-starters who have a passion for what they do. We empower them, hold them...
-
Lec - Exchange Control Officer
1 week ago
Johannesburg, South Africa JPMorganChase Full time**JOB DESCRIPTION** Corporate and Investment Banking Exchange Control Specialist** A highly regulated role where you will form part of a diverse and dynamic skilled team in facilitating governance and monitoring of cross border transactions and ownership of non resident assets through the understanding of the Exchange Control Regulatory Framework. **Job...
-
Johannesburg, South Africa JPMorgan Chase & Co Full time**JOB DESCRIPTION** Corporate and Investment Banking Exchange Control Specialist A highly regulated role where you will work with a diverse and dynamic skilled team in facilitating cash movement and the reporting of cross border flows to various Regulators **Job Summary** As an Exchange Control Specialist in Treasury Services Operations team in...
-
Johannesburg, South Africa JPMorgan Chase & Co Full time**JOB DESCRIPTION** A highly regulated role where you will work with a diverse and dynamic skilled team in facilitating cash movement and the reporting of cross border flows to various Regulators **Job Summary** As an Exchange Control Specialist in Treasury Services Operations team in Johannesburg, you will be responsible for but not limited to...
-
Exchange Control
2 weeks ago
Johannesburg, South Africa Lakwema Consulting Full timePurpose: To perform the Exchange Control function in line with SARB requirements and ensure that Excon payments are compliant with the Excon rules, whilst supporting the Operating Divisions in matters pertaining to Excon compliance. Also maintaining effective and up to date bank and creditors’ reconciliation in line with standard operating procedures, and...
-
Client Service Specialist
4 weeks ago
Johannesburg, South Africa FirstRand Full timeJob Description Hello Future Client Service Specialist (Exchange Control) Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our team in FNB Commercial Forex, you will be surrounded by unique talents, diverse minds, and an...
