Description To vet and ensure all cross-border payments meet the requirements of the South African Reserve Bank (SARB) prior to the payment being released.
To consult with relevant internal and external stakeholders to ensure that all requirements are met before payments are submitted.Hello Future Exchange Control ConsultantWelcome to FNB, the home of the #changeables.
We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.As part of our team in FNB Commercial Forex Advisory Services, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious.
Now's the time to imagine your potential in a team where experts come together and ignite effective change.Please note that we do not have an active vacancy available, but we are eager to engage with suitable and interested candidates to build a pipeline for our future vacancies, and these could be either permanent or contract positions.Role Purpose:To vet and ensure all cross-border payments meet the requirements of the South African Reserve Bank (SARB) prior to the payment being releasedTo consult with relevant internal and external stakeholders to ensure that all requirements are met before payments are submittedAre you someone who can:Ensure the accurate capture of Balance of Payment (BOP) and the correct Section of the Reserve Bank rulings is applied prior to releasing the payment, thereby minimizing riskEnsure all payments are released within the relevant service level agreement (SLA)Keep abreast of and comply to statutory and legislative requirements related to the rulings and updates from the Reserve Bank; and ensure implementation within businessEnsure where Exchange Control approval has expired, information is updated on relevant system and clients are advised accordinglyDevelop and manage key stakeholder relationships that enable achievement of operational objectives, both internally and externallyProduce high quality work by adhering to predefined standards and procedures and in accordance with compliance and governance standardsYou will be an ideal candidate if you:Have a minimum of Grade 12 with relevant Banking or Compliance CertificateHave 1+ years of Foreign Exchange experienceHave an understanding of the Reserve Bank exchange control rulesHave exposure to cross border paymentsYou will have access to:Opportunities to network and collaborateA challenging working environmentOpportunities to innovateWe can be a match if you are:Adaptable and curiousAttentive to detailThrive in a collaborative environmentClient-centricApply now if you are interested in taking the next step.
We look forward to engaging with you!Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.31/10/24All appointments will be made in line with FirstRand Group's Employment Equity plan.
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