About this role
Purpose Statement
- To manage and oversee the team of Specialists responsible for all treasury, international banking and payment related products and systems within the Exchange Control environment in Capitec.
- To advise the clients on Exchange Control related matters and manage the Balance of Payment (BOP) reporting processes in line with regulatory requirements.
- To be the liaison with the South African Reserve Bank (“SARB”) on behalf of Capitec and the Exchange Control Department.
Experience
MINIMUM:
- 5 - 7 years in Foreign Exchange, Exchange Control, Nostro Management, Derivatives, ISDA, Payments and SWIFT
2 years budget experience
- 3 years leadership experience
- Stakeholder engagement experience
- Proven experience in interacting/engaging and transferring knowledge effectively, to a wide range of people including and up to Exco level
- Previous experience in representing a business at a Regulatory Body.
IDEAL:
- 7+ years in Foreign Exchange, Exchange Control, Nostro Management, Derivatives, ISDA, Payments and SWIFT
2+ year’s budget experience
- 3+ year’s leadership experience
Qualifications (Minimum)
- Grade 12 National Certificate / Vocational
Qualifications (Ideal or Preferred)
Knowledge
MINIMUM:
- In-depth industry knowledge relating to the Exchange Control landscape
- Knowledge of the compliance and regulatory framework within the banking sector (PASA, SARB FICA etc.)
- Knowledge on Foreign Exchange systems.
- Negotiation techniques on client query resolution.
- Insight on Client Experience.
- Business case development.
- Commercial business knowledge and acumen.
- Applying innovative and creative concepts into a practical foreign exchange environment.
IDEAL:
- Exchange Control products, processes, and procedures (including SARB guidelines)
- Understand Capitec’s strategic objectives
- Knowledge on development of new business cases/concepts/ideas
Skills
- Communications Skills
- Decision making skills
- Interpersonal & Relationship management Skills
- Analytical Skills
- Management skills
Conditions of Employment
- Clear criminal and credit record