Exchange Control Consultant vacancy at ABSA

Exchange Control Consultant vacancy at ABSA

Deadline: 01 November 2024

Location: Cape Town, South Africa

Exchange Control Consultant vacancy at ABSA

ABSA is recruiting and accepting applications for Exchange Control Consultant vacancy.

Purpose: As a Consultant: Exchange Control, you will be at the heart of our operations, ensuring seamless administration of Exchange Control in collaboration with the South African Reserve Bank (SARB). Your role will be pivotal in supporting various stakeholder units within ABSA and providing top-notch Exchange Control services through consultation and representation to SARB via Head Office Exchange Control.

Key Accountabilities:

Administer Exchange Control:

  • Compliance Champion: Vet transactions for compliance with Exchange Control Regulations and specific SA Reserve Bank approvals.
  • Detail-Oriented: Allocate correct FINSURV reporting categories and sections of the Currency and Exchanges Manual for transactions.
  • Client Liaison: Engage with clients on Exchange Control matters and escalate transactions requiring SA Reserve Bank authorization.
  • Account Management: Approve the opening of Customer Foreign Currency Accounts and ensure timely submission of Exchange Control Applications to HOEC.

Deliver First-Class Exchange Control Advisory Service:

  • Customer Service Guru: Provide exceptional customer service and support to clients and internal stakeholders.
  • Problem Solver: Apply your specialist knowledge to solve problems and continuously improve processes and product offerings.
  • Relationship Builder: Build and maintain strong relationships with clients and internal stakeholders.

Risk and Compliance:

  • Risk Aware: Stay alert to potential risks from customer transactions and ensure full compliance with ABSA’s risk and compliance policies.
  • Regulatory Expert: Keep informed of suspicious transactions and complete all required training.

Networking:

  • Connector: Establish and maintain professional relationships with clients and internal stakeholders to ensure optimum service standards.

MORE OPPORTUNITIES:

Self-Development:

  • Lifelong Learner: Continuously update your knowledge of the Wholesale and Corporate Banking environment, processes, and products.
  • Skill Enhancer: Pursue opportunities for further education and training to enhance your skills and knowledge.

Education and Experience Required:

  • NQF Level 5: Grade 12
  • Minimum 3 years of General Banking experience
  • Minimum 1 year of Exchange Control / Forex experience

Education

  • Higher Diplomas: Business, Commerce and Management Studies (Required)

How to apply

To apply, visit ABSA careers portal.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.

Careers Office is on Social media platforms for more updates, follow our WhatsApp channel.

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