Manager: Exchange Control Advisory and BOP Reporting

Capitec Bank Ltd.; Sandton; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading financial institution in South Africa is seeking a Manager for Exchange Control Advisory and BOP Reporting. The successful candidate will manage a team overseeing treasury and international banking products, advise clients on compliance matters, and liaise with the South African Reserve Bank. This role requires at least 5 years of experience in the exchange control environment and strong communications skills.

Qualifications

• At least 5 years in exchange control environment working with BOP Reporting.
• At least 3 years liaising with the SARB on BOP reporting matters.
• Accountability for regulatory compliance in an exchange control environment.

Responsibilities

• Manage and oversee the team responsible for treasury and international banking products.
• Advise clients on Exchange Control matters and manage BOP reporting processes.
• Liaise with the South African Reserve Bank on behalf of the Exchange Control Department.

Skills

Communications Skills

Interpersonal & Relationship management Skills

Education

Grade 12 National Certificate / Vocational

Job description

Manager: Exchange Control Advisory and BOP Reporting

• To manage and oversee the team of Specialists responsible for all treasury, international banking and payment related products and systems within the Exchange Control environment in Capitec.
• To advise the clients on Exchange Control related matters and manage the Balance of Payment (BOP) reporting processes in line with regulatory requirements.
• To be the liaison with the South African Reserve Bank (“SARB”) on behalf of Capitec and the Exchange Control Department.

Experience

MINIMUM:

• At least 5 years in exchange control environment working with BOP Reporting
• At least 3 years liasing with the SARB on BOP reporting matters, including system inspections
• Holding accountability for regulatory compliance in an exchange control environment

IDEAL:

• BOP reporting knowledge and Typing skills

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational

Knowledge

MINIMUM:

• Extenssive knowledge of legislation including SA Reserve Exchange Control regulations and rulings
• Extenssive knowledge of BOP reporting requirements and reporting formats for various types of transactions
• Knowledge and understanding of the FIC
• The general understanding of treasury/exchange/banking environment
• Client service principles and standards

IDEAL:

• Sound knowledge of internal Business Bank policies and procedures

Skills

• Communications Skills
• Interpersonal & Relationship management Skills

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