Manager: Exchange Control
1 week ago
**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 engagements.
- Ensure expectations are managed and needs met.
- Ensure that services are delivered per requirements.
- Share information and knowledge and collaborate across teams within Exchange Control and other stakeholders.
- Manage expectations of stakeholders by clarifying mandates, scope and resource constraints, including alternative solution options.
- Ensure products comply to prescribed processes and ensure that Nedbank retain its foreign exchange license.
- Provide exchange control input and advice pertaining to new products.
- Keep abreast of changes to rules, regulations and directives by engaging with the SARB and FSB.
- Ensure transformational targets are met.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
- Address issues raised in culture surveys to improve results.
- Deliver a worldclass service through a client service culture.
- Achieve operational excellence.
- Add value to the business by generating innovative ideas and encouraging team to generate innovative ideas and sharing knowledge.
- Manage performance of team members by implementing performance agreements and ensuring a clear vision.
- Mentor and coach staff on identified performance gaps.
- Ensure that Business Unit stays abreast in field of expertise and deliver on the expectations from stakeholders.
- Motivate team members to perform and contribute to the success of the business by encouraging participation in decision making processes.
- Ensure an environment for optimal performance is created by identifying training and development needs and by recruiting and managing talent.
- Maintain a high performing team by identifying talent pool through career conversations and developing talent retention programmes.
- Embrace the Nedbank vision and values by leading by example. Manage, control and monitor budget for own cost centre.
- Manage billable hours for self and team allocated.
- Implement SLAs with stakeholders.
- Ensure regulatory reporting requirements are met by responding to the SARB before the response expiry date.
- Ensure clients submit relevant documentation required by the regulator to resolve queries.
- Ensure exchange control fee charges are captured.
- Build and maintain relationships with key stakeholders.
- Ensure exchange control fee charges are captured.
- Ensure expectations are managed and needs met.
- Preferred Qualification- Bachelor of Commerce: Law- Bachelor of Commerce : Accounting- Minimum Experience Level- 6 years' experience in Exchange Control and foreign exchange experience, including 2 years management experience.
**Technical / Professional Knowledge**
- Change management
- Client service principles
- Diversity management
- Financial Accounting Principles
- Governance, Risk and Controls
- Money laundering
- Negotiation techniques
- Operations planning
- Principles of project management
- Relevant regulatory knowledge
- Resource allocation principles
- Management information and reporting principles, tools and mechanisms
**Behavioural Competencies**
- Earning Trust
- Coaching
- Communication
- Continuous Learning
- Customer Focus
- Influencing
**EE Statement**
- **Preference will be given to underrepresented groups**
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_
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