Exchange Control Consultant

Wesbank; Johannesburg; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A prominent financial institution in Johannesburg is seeking an Exchange Control Consultant to manage cross-border payments and ensure compliance with the South African Reserve Bank regulations. The ideal candidate will have at least a year of Foreign Exchange experience and a NQF 5 qualification. The role offers a challenging environment and opportunities for networking and collaboration.

Benefits

Opportunities to network and collaborate

A challenging working environment

Opportunities to innovate

Qualifications

• Minimum of a NQF 5 qualification (Diploma preferred).
• At least 1 year of Foreign Exchange experience.
• Understanding of the Reserve Bank exchange control rules.
• Exposure to cross-border payments.

Responsibilities

• Vet and ensure all cross-border payments meet the requirements.
• Accurately capture Balance of Payment information.
• Ensure all payments are released within the SLA.
• Stay up to date with statutory and legislative requirements.
• Update the system when Exchange Control approval expires.
• Develop and manage key stakeholder relationships.
• Produce high-quality work by adhering to predefined standards.

Skills

Foreign Exchange experience

Understanding of Reserve Bank exchange control rules

Exposure to cross-border payments

Education

NQF 5 qualification (Diploma preferred)

Job description

Exchange Control Consultant

Location: Johannesburg

Employment type: Full time

Posted: Today – Apply by February 1

Role Purpose

• Vet and ensure all cross‑border payments meet the requirements of the South African Reserve Bank (SARB) prior to release.
• Consult with relevant internal and external stakeholders to verify all requirements are met before payments are submitted.

Responsibilities

• Accurately capture Balance of Payment (BOP) information and apply the correct Reserve Bank ruling section before releasing the payment, thereby minimizing risk.
• Ensure all payments are released within the agreed service level agreement (SLA).
• Stay up to date with statutory and legislative requirements related to the rulings and updates from the Reserve Bank and implement them within the business.
• When Exchange Control approval has expired, update the relevant system and advise clients accordingly.
• Develop and manage key stakeholder relationships to enable achievement of operational objectives, both internally and externally.
• Produce high‑quality work by adhering to predefined standards and procedures and in accordance with compliance and governance standards.

Qualifications

• Minimum of a NQF 5 qualification (Diploma preferred).
• At least 1 year of Foreign Exchange experience.
• Understanding of the Reserve Bank exchange control rules.
• Exposure to cross‑border payments.

We Offer

• Opportunities to network and collaborate.
• A challenging working environment.
• Opportunities to innovate.

Ideal Candidate Traits

• Adaptable and curious.
• Attentive to detail.
• Thrives in a collaborative environment.
• Client‑centric.

Apply now if you are interested in taking the next step.

Job Details

Please note that applications will not be accepted on or after 01/02/26. Kindly submit applications ahead of the closing date indicated below.

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose it to other parties.

Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via the established recruitment portal.

We look forward to engaging with you!