Brief description
The main purpose of this position is to process, monitor and report on exchange control-related applications and transactions by institutional investors and Authorised Dealers, ensuring compliance with the requirements of the Currency and Exchanges Manual for Authorised Dealers as well as exchange control regulations, policies and procedures.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Monitor and report on exceptions by institutional investors and Authorised Dealers.
- Process applications and correspondence, ensuring that regulated entities comply with the prescribed policies and the requirements outlined in the Currency and Exchanges Manual for Authorised Dealers.
- Prepare the required statistical reports and ad hoc management information.
- Conduct risk-based inspections.
- Maintain a reliable database of institutional investors and Authorised Dealers.
- Assist the team with other functions, as may be required from time to time, in line with the strategic and operational objectives of the department.
- Independently deliver high-quality work within established practices, processes, rules and regulations.
- Engage with relevant internal and external stakeholders, where applicable, demonstrating the ability to convey and explain information fluently.
- Embrace and leverage analytical tools to automate processes and reduce inefficiencies in monitoring exceptions.
- Evaluate own performance against given criteria and identify and address task-specific learning needs.
- Embed the South African Reserve Bank’s (SARB) culture.
- Proactively broaden knowledge and stay abreast of changes in policies and regulations within the functional area.
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