Absa Group

Specialist Exchange Control

Posted: 11 minutes ago

Job Description

Empowering Africa’s tomorrow, together…one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryJoin our dynamic team and play a pivotal role in shaping Absa’s Exchange Control strategy and advisory services. We’re looking for a seasoned professional to lead and support our Exchange Control function, ensuring excellence in service delivery, compliance, and stakeholder engagement.Job DescriptionKey ResponsibilitiesExchange Control Advisory & TrainingProvide expert guidance and training on Exchange Control matters to internal stakeholders and clients.Collaborate on product development to ensure compliance with Exchange Control Regulations.Stay abreast of regulatory changes and industry trends, ensuring timely updates and training.Client & Stakeholder EngagementDeliver superior advisory services and support to clients and internal teams.Apply specialist knowledge to resolve complex queries and drive continuous improvement.Build strong relationships across the business and with external stakeholders, including SARB.Risk & ComplianceMonitor and report potential risks in foreign exchange transactions.Ensure full compliance with Absa’s risk policies and Exchange Control Regulations.Drive a culture of regulatory awareness and embed risk mitigation practices.Team Leadership & DevelopmentCoach and mentor team members to enhance technical skills and productivity.Lead and supervise Exchange Control Team Leads, ensuring SLA adherence and quality output.Support performance management and training interventions.Networking & RepresentationMaintain professional relationships with SARB and Head Office Exchange Control.Represent Absa during SARB inspections and regulatory engagements.Continuous Learning & DevelopmentStay informed on banking trends, platforms, and regulatory updates.Pursue opportunities for further education and skill enhancement.Qualifications & ExperienceBachelor’s Degree in a commercial discipline (NQF Level 6)Minimum 5 years general banking experienceAt least 3 years in Foreign ExchangeMinimum 7 years in an Exchange Control environmentSkills & CompetenciesStrong communication and customer service skillsDeep regulatory and product knowledgeAnalytical thinking and complaint resolutionPlanning, organising, and applying expertiseLeadership, networking, and influencing skillsAbility to thrive under pressure and deliver resultsEducationBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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