Foreign Exchange Specialist

EQ Plus; Johannesburg; On-site; ZAR 450 000 - 600 000; Full time

Job summary

A leading company in Johannesburg is seeking a skilled professional to manage cross-border payments and ensure compliance with foreign exchange regulations. The role involves acting as a subject matter expert, conducting audits, and providing training to internal teams. Ideal candidates will have strong knowledge of FX markets and relevant qualifications in IT, Mathematics, or Informatics.

Qualifications

• 3-year tertiary qualifications in IT / Mathematics / Informatics.
• Strong FX markets skills and knowledge of foreign exchange control.

Responsibilities

• Manage and process cross-border payments according to regulations.
• Act as a subject matter expert on foreign exchange control policies.
• Conduct audits and reconciliations of FX transactions.

Skills

FOREX

regulatory and balance of payments

FX markets skills

Foreign Exchange control

Education

3-year tertiary qualifications in IT

3-year tertiary qualifications in Mathematics

3-year tertiary qualifications in Informatics

Job description

Manage and process all cross-border payments in accordance with the exchange control regulations.

Ensure accurate and timely completion of Balance of Payments (BoP) reporting.

Act as a subject matter expert on foreign exchange control policies, regulatory changes, and operational procedures.

Liaise with internal teams (Finance, Legal, Compliance, Treasury) to ensure adherence to local and international FX regulations.

Review and verify documentation for inward and outward foreign currency transfers.

Conduct periodic audits and reconciliations of FX transactions and cross-border settlements.

Maintain up-to-date knowledge of exchange control circulars, rulings, and policy updates issued.

Support strategic initiatives including FX hedging, risk mitigation, and foreign currency funding activities.

Resolve queries from regulators and internal stakeholders regarding FX-related transactions and compliance.

Provide training and guidance on FX processes and regulatory obligations to relevant business units.

Requirements :

• 3-year tertiary qualifications in IT / Mathematics / Informatics
• FOREX, regulatory and balance of payments
• Strong FX markets skills - Cross border payments, Balance of payment exposure, must be very strong in Foreign Exchange control skills / knowledge.