Administrator: Regulatory Forex

Capitec Bank Ltd.; South Africa; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A prominent financial institution located in South Africa is looking for an Administrator for Regulatory Forex Compliance. This role supports risk minimization in the Forex Department by ensuring oversight functions and managing risk-related inquiries. Applicants should have a minimum of 1-2 years' compliance audit experience in financial services, ideally with knowledge of legislation applicable to financial institutions. Strong communication and planning skills are essential.

Qualifications

• 1 - 2 years compliance review / audit experience within a financial services / retail environment.
• 1 - 2 years in compliance or oversight function would be advantageous.
• Previous experience in project coordination is a plus.

Responsibilities

• Support minimization of risk in the Forex Department.
• Handle risk-related queries effectively and professionally.
• Perform oversight and risk functions regarding Treasury Outsourcing Companies.

Skills

Attention to Detail

Communications Skills

Computer Literacy (MS Word, MS Excel, MS Outlook)

Interpersonal & Relationship management Skills

Planning, organising and coordination skills

Education

Grade 12 National Certificate / Vocational

A relevant tertiary qualification in Risk and Compliance or Law

Job description

Administrator: Regulatory Forex (Compliance)

• To support the minimization of risk in the Forex Department through:
  • Performing ongoing oversight and risk functions required by Forex specific in respect of its Treasury Outsourcing Companies (TOC) model.
  • Supporting the Regulatory Specialist: Forex to identify and address situations where Forex is exposed to undue risks.
  • Administratively deal with Risk related queries in an effective and professional manner.

Experience

Minimum:

• 1 - 2 years compliance review / audit experience within a financial services / retail environment

Ideal:

• 1 – 2 in compliance or oversight function would be advantageous
• Previous experience in project coordination

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

• A relevant tertiary qualification in Risk and Compliance or Law

Knowledge

Minimum:

• Knowledge and understanding of legislation applicable to financial institutions e.g Financial Advisory and Intermediary Services Act (FAIS), FIC Act, Financial Markets Act (FMA)
• Knowledge and understanding of relevant anti money laundering and combating of terrorist financing legislation and international standards.
• Good knowledge and understanding of CDD requirements
• Office administration processes

Ideal:

• Knowledge of cross border remittances would be advantageous
• Regulatory risk
• Regulatory reporting
• Document Control

Skills

• Attention to Detail
• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Interpersonal & Relationship management Skills
• Planning, organising and coordination skills

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06