Exchange Control Analyst

Standardbankgroup; South Africa; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Standard Bank Group in South Africa seeks to develop, maintain and implement the Exchange Control Compliance Framework across all business areas to ensure compliant operations and to avoid penalties or reputational damage.

The role requires an expert in Compliance with deep knowledge of Exchange Control, cross-border reporting and foreign exchange, as well as data mining experience and the ability to influence at all levels to embed robust compliance frameworks.

Qualifications

• The role requires an expert in Compliance with profound knowledge of all dimensions of the field.
• Deep expertise in Exchange Control, cross-border transactions reporting and foreign exchange, reporting systems and data mining experience.
• Regulatory environment savvy with proven ability to influence all levels of employees to implement compliance frameworks.

Responsibilities

• Develop, maintain and implement the Exchange Control Compliance Framework across all business areas to ensure compliant business operations.
• Assist in assessing operational risks in business areas impacted by exchange control.
• Support the bank in avoiding fines, penalties and reputational damage through robust compliance practices.

Skills

Compliance

Exchange Control

Cross-border reporting

Data mining

Regulatory knowledge

Influencing

Education

First Degree in Business Commerce

Job description

To develop, maintain and implement the Exchange Control Compliance Framework, as it pertains to exchange controls requirements, across all business areas, to ensure that business is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation and enables the competitive advantage of the Bank.

Type of Qualification: First Degree

Field of Study: Business Commerce

Experience Required

Exchange Control

Compliance

3-4 years

The role requires an expert in Compliance with profound knowledge of the full dimensions of the field, but deep expertise in Exchange Control, cross-border transactions reporting and foreign exchange, reporting systems and data mining experience. Regulatory environment savvy, a proven ability to influence all levels of employees to effectively implement compliance frameworks.

3-4 years

Experience in the assessment of operational risks in business areas impacted by exchange control.

Behavioural Competencies:

• Articulating Information
• Checking Things
• Documenting Facts
• Establishing Rapport
• Examining Information
• Following Procedures
• Interacting with People
• Interpreting Data
• Meeting Timescales
• Providing Insights
• Taking Action
• Team Working

Technical Competencies:

• Audit Report Writing
• Business Acumen (Audit)
• Compliance
• Evaluation of Internal Controls