Senior Manager: Exhange Control

Senior Manager: Exhange Control


The role purpose:

  • To guide and advise the Business Departments on BOP and Exchange Control matters within the Exchange Control department.

Main job duties:

  • To ensure that all Cross Border payments are duly captured accurately and completely on a daily basis on the balance of payment (BOP) System in terms of the required Currency and Exchanges Manual, BOP Manual, relevant legislative requirements and Exchange Control Circulars thereby complying with the T+2 requirement.
  • Ensure transactions have been completed in terms of the rules and regulations of the Currency and Exchanges Manual for Authorised
  • Dealers and that all the necessary documentation has been received from the Business Departments.
  • Accurate completion of the B.12 reports and daily submissions to the SARB.
  • Provide training of staff members on BOP and Exchange Control related matters.
  • Conduct ad-hoc responsibilities relating to Compliance or Legal matters

Basic Requirement:

  • Must have Banking Degree/diploma.
  • At least 5 years in an Exchange Control position working for an Authorised Dealer
  • Practical understanding of Exchange Control Regulations and Rulings and how it impacts the business.
  • Experience in liaising with Regulators necessary.
  • Drafting of applications to the South African Reserve Bank (SARB).
Experience Requirements: 
Not requirements
Date posted:
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