Job 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 Consultant
Welcome 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.
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 released
- To consult with relevant internal and external stakeholders to ensure that all requirements are met before payments are submitted
Are 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 risk
- Ensure 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 business
- Ensure where Exchange Control approval has expired, information is updated on relevant system and clients are advised accordingly
- Develop and manage key stakeholder relationships that 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
You will be an ideal candidate if you:
- Have a minimum of an industry-related NQF 5 qualification (Diploma preferred)
- Have 1+ years of Foreign Exchange experience
- Have an understanding of the Reserve Bank exchange control rules
- Have exposure to cross border payments
You will have access to:
- Opportunities to network and collaborate
- A challenging working environment
- Opportunities to innovate
We can be a match if you are:
- Adaptable and curious
- Attentive to detail
- Thrive in a collaborative environment
- Client-centric
Apply now if you are interested in taking the next step. We look forward to engaging with you!
Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
28/08/25
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 this information to other parties.