Foreign Exchange Control Team Leader
About the job
- A degree in Business, Finance, or a related qualification is required.
- Three to four years of experience in Exchange Control Rulings is required.
- Knowledge of Exchange Control Regulations is required.
- A broad understanding of Payments Operations is required.
- Understanding of the bank’s systems, processes, and procedures is required.
- Understanding of and ability to facilitate an active change-agent role in assisting the business is required.
- Understanding of team dynamics and participation in developing and maintaining a team culture is required.
- Knowledge of applicable legislation is required.
- Ability to interpret Payments language is required.
- Honesty and trustworthiness are required.
- Risk identification and assessment skills are required.
- Customer focus and service orientation are required.
- Knowledge of legal compliance and risk reporting is required.
- Local market knowledge is required.
- Execute payment due diligence processes and procedures within prescribed turnaround times, ensuring compliance with Exchange Control rulings, regulatory requirements, and internal policies, while engaging relevant stakeholders to facilitate accurate transaction processing, reduce rework, and maintain high service standards.
- Provide guidance and support to internal and external stakeholders in support of Payments strategic objectives, ensuring adherence to service level agreements, delivering quality service, and fostering strong customer and business partner relationships.
- Promote a culture of accuracy and quality by minimizing processing errors, rework, human incidents, and associated financial impacts.
- Coordinate and support internal control reviews, internal and external audits, Financial Intelligence Centre reviews, compliance reviews, and regulatory inspections by ensuring the timely provision of accurate information, documentation, and responses.
- Monitor and track audit, compliance, and regulatory findings, ensuring that agreed action plans are implemented within prescribed timelines and that identified risks are appropriately mitigated.
About the company
Standard Bank Group operates banking, insurance and investment businesses focused on Africa, serving individuals, families, businesses and institutional clients. Its services cover everyday accounts and payments, savings and lending, business finance, corporate transactions and investment banking. The group also manages insurance, asset management and wealth offerings that support clients through different financial needs and stages of life. Local banking operations connect with international centres and offshore hubs to support cross-border activity, trade and access to financial markets. Founded in 1862, the group is headquartered in Johannesburg, Gauteng, South Africa.
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Johannesburg, South Africa
Founded
1862
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Simplify's Take
What believers are saying
- Learners earn while qualifying: Standard Bank combines a monthly stipend with a formal SAQA-accredited qualification.
- Graduates receive ongoing guidance: Standard Bank gives programme participants access to mentors, coaches and on-the-job development.
- Further study receives support: education funding and professional certification assistance are among benefits that vary by location.
What critics are saying
- A learnership is not a permanent-job offer: Standard Bank requires graduates of that programme to apply through recruitment.
- Some operations roles are onsite: the Nairobi equity-operations vacancy is marked neither remote nor hybrid.
- Settlement work has strict controls: the Nairobi equity-operations officer must process securities accurately and prevent operational losses.
What makes Standard Bank Group unique
- African coverage is extensive: Standard Bank lists operations in 21 sub-Saharan countries, four global centres and two offshore hubs.
- Banking has a developer channel: Standard Bank operates a dedicated API Marketplace.
- China trade has a banking partner: Standard Bank works with ICBC on Africa-China market connections.
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