Team Leader: Foreign Exchange Operations

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Date: 4 Jul 2024

Location: Sandton, GT, ZA

Company: Capitec Bank Ltd

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below

Purpose Statement

  • To lead the Foreign Exchange team, ensuring efficient and effective customer service delivery as well as compliance to Exchange Control Regulations.

Experience

Minimum:

  • At least 5 yrs work experience, 3 yrs of which experience gained in Exchange control and 2 years experience of leading or supervising people.

Qualifications (Minimum)

  • Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

  • A relevant tertiary qualification

Knowledge

Minimum:
Knowledge of :

  • People management principles and practices.
  • Client service standards and practices
  • Planning, prioritizing work
  • General financial concepts
  • Knowledge and understanding SA Reserve Exchange Control regulations.
  • Knowledge in vetting of payment documentation such as invoices, transport documentation, customs documentation and interpreting agreements.
  • Knowledge of exchange control and the application of the Currency and Exchanges Manual for Authorised Dealers (CEMAD)
  • Exposure to SARS e-filing portal and knowledge of TCS pin verifications
  • Understand requirements and application in respect of Advanced Payment Notification (APN) numbers for advanced imports
  • The SARB Import Verification System (IVS) system and understand the requirements in respect of Unique Consignment Reference (UCR) and Movement Reference number (MRN) references.
  • Exchange Control rulings, foreign exchange, Foreign Exchange settlements, SWIFT standards, cut-off times.

Ideal:

  • Knowledge of Capitec’s AML, FIC and Suspicious transaction monitoring and reporting policies. 
  • Business Bank environment, including relevant systems such as BaNCS, Landobyte, OnBase, Treasury system
  • Knowledge of operational risk concepts and principles

Skills

  • Attention to Detail
  • Planning, organising and coordination skills
  • Interpersonal & Relationship management Skills
  • Computer Literacy (MS Word, MS Excel, MS Outlook)
  • Influencing Skills

Conditions of Employment

  • Clear criminal and credit record
  • Willing and able to work shifts, including weekends

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.