Exchange Control Consultant

4 weeks ago


Johannesburg, South Africa FirstRand Namibia Limited Full time

Exchange Control Consultant (Talent Pool)

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.

Role Purpose:

- 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.

Are you someone who can:

- Ensure the accurate capture of Balance of Payment (BOP) and the correct Section of the Reserve Bank rulings is applied prior to releasing the payment, thereby minimizing risk.
- Ensure all payments are released within the relevant service level agreement (SLA).
- Keep abreast of and comply with statutory and legislative requirements related to the rulings and updates from the Reserve Bank; and ensure implementation within business.
- Ensure where Exchange Control approval has expired, information is updated on relevant system and clients are advised accordingly.
- Develop and manage key stakeholder relationships that enable achievement of operational objectives, both internally and externally.
- Produce high quality work by adhering to predefined standards and procedures and in accordance with compliance and governance standards.

You will be an ideal candidate if you:

- Have a minimum of Grade 12 with relevant Banking or Compliance Certificate.
- Have 1+ years of Foreign Exchange experience.
- Have an understanding of the Reserve Bank exchange control rules.
- Have exposure to cross border payments.

You will have access to:

- Opportunities to network and collaborate.
- A challenging working environment.
- Opportunities to innovate.

We can be a match if you are:

- Adaptable and curious.
- Attentive to detail.
- Thrive in a collaborative environment.
- Client-centric.

Apply now if you are interested in taking the next step. We look forward to engaging with you

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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