Specialist Exchange Control

3 days ago

Cape Town, Western Cape, South Africa Absa Group Limited Full time R1 000 000 - R2 500 000 per year
Empowering Africa's tomorrow, story at a time.

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 our dynamic team and play a pivotal role in shaping Absa's Exchange Control strategy and advisory services. We're looking for a seasoned professional to lead and support our Exchange Control function, ensuring excellence in service delivery, compliance, and stakeholder engagement.

Job Description

Key Responsibilities

Exchange Control Advisory & Training
  • Provide expert guidance and training on Exchange Control matters to internal stakeholders and clients.
  • Collaborate on product development to ensure compliance with Exchange Control Regulations.
  • Stay abreast of regulatory changes and industry trends, ensuring timely updates and training.
Client & Stakeholder Engagement
  • Deliver superior advisory services and support to clients and internal teams.
  • Apply specialist knowledge to resolve complex queries and drive continuous improvement.
  • Build strong relationships across the business and with external stakeholders, including SARB.
Risk & Compliance
  • Monitor and report potential risks in foreign exchange transactions.
  • Ensure full compliance with Absa's risk policies and Exchange Control Regulations.
  • Drive a culture of regulatory awareness and embed risk mitigation practices.
Team Leadership & Development
  • Coach and mentor team members to enhance technical skills and productivity.
  • Lead and supervise Exchange Control Team Leads, ensuring SLA adherence and quality output.
  • Support performance management and training interventions.
Networking & Representation
  • Maintain professional relationships with SARB and Head Office Exchange Control.
  • Represent Absa during SARB inspections and regulatory engagements.
Continuous Learning & Development
  • Stay informed on banking trends, platforms, and regulatory updates.
  • Pursue opportunities for further education and skill enhancement.
Qualifications & Experience
  • Bachelor's Degree in a commercial discipline (NQF Level 6)
  • Minimum 5 years general banking experience
  • At least 3 years in Foreign Exchange
  • Minimum 7 years in an Exchange Control environment
Skills & Competencies
  • Strong communication and customer service skills
  • Deep regulatory and product knowledge
  • Analytical thinking and complaint resolution
  • Planning, organising, and applying expertise
  • Leadership, networking, and influencing skills
  • Ability to thrive under pressure and deliver results
Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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