Exchange Control Compliance Specialist

Afrizan Personnel; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading organisation seeks an Exchange Control Compliance Specialist in Johannesburg. This role focuses on enhancing governance processes, quality assurance, and compliance in the financial sector, requiring a strong background in finance and extensive experience in banking and exchange controls. The ideal candidate will ensure the effective implementation of control strategies and lead continuous improvements in service quality.

Qualifications

• 5 to 10 years banking & exchange control experience required.
• Substantial knowledge of Exchange Control and Reporting requirements.
• Proven experience in Quality Control is advantageous.

Responsibilities

• Deliver sustainable savings and ensure no losses from incorrect processes.
• Implement governance framework and manage compliance risks.
• Evaluate audit findings and coordinate internal audits.

Skills

Quality Control

Risk Management

Vendor Management

Education

Degree in Finance

Tools

Excel

Word

PowerPoint

Job description

A leading organisation is looking for an Exchange Control Compliance Specialist to join their team. The main purpose of the role is to provide independent review and consulting services designed to add value and improve the overall effectiveness of the related controls, risk management, and governance processes for all transactions and products within the bank. Provide support to Senior Manager - Exchange Control Compliance.

Responsibilities :

• Deliver meaningful sustainable savings in FSD.
• No losses to be incurred due to incorrect processes followed.
• Assist all staff within FSD to achieve objectives, provide quality service to internal and external clients and participate in team meetings to achieve Department goals.
• Doing the right thing which includes promoting “ask the right questions” campaign and lead by example.
• Assessing the learning needs and understanding the risk across the workforce.
• Implement the standard governance framework for risk management. Identify Management Self-Identified Items on a proactive scale and manage these risks.
• Implement a Service Quality approach for FSD Services and improving input quality across the business.
• Implement a customer insight program to identify what aspects of FSD Services matters the most to customers.
• Achieve a % dual control and quality assurance process for Exchange Control and Regulatory Reporting requirements.
• Assure ongoing compliance with quality and regulatory requirements.
• Evaluate audit findings and implement appropriate corrective actions.
• Co-ordinate and support on and offsite audits from SARB.
• Develop, recommend and monitor corrective and preventive actions.
• Investigate customer complaints and non-conformance issues.
• Coordinate all vendor management tasks inclusive of working with external vendors and internal employees.
• Ensure to track, measure, report and evaluate vendor performance.
• Troubleshoot all vendor problems and present to management as required.
• Identify improvement areas internally as well as perform closely with all internal stakeholders to prepare solutions.
• Stimulate steady process enhancement to present increasing operational efficiency in entire business partner processes.

Requirements :

• Degree in Finance is preferable
• Proven experience in Quality Control is an advantage
• 5 to 10 years banking & exchange control experience
• Substantial knowledge of Exchange Control and Reporting requirements (interpret rules & regulations /
• Basic Microsoft skills, i.e. Excel, Word and PowerPoint

EE Disclaimer

Kindly note that all positions will be filled in accordance with the company's Employment Equity plan. We also encourage people with disabilities to apply.

Should you not receivefeedback on your application with us within a period of 2 weeks of submission, you may consider your application as being unsuccessful. Please keep an eye on our website and other career sites for future opportunities that may arise.