Cape Town City Centre: Exchange Control Consultant

Duties and responsibilities 1. Regulatory Compliance & Oversight – Stay up to date with all changes to SARB Exchange Control rulings, circulars and banking partner interpretations – Interpret and communicate regulatory updates clearly and promptly to all affected teams – Ensure all foreign exchange transactions are reviewed and executed in line with applicable Exchange Control regulations 2. Client and Internal Advisory – Provide clear, accurate guidance to clients and internal teams on Exchange Control matters. – Handle complex or uncommon queries with a solutions driven approach, escalating where necessary while maintaining ownership – Attend client meetings where Exchange Control expertise is required 3. SARB Applications and Partner Bank Liaison – Prepare, submit, and track SARB applications and renewals via our authorised banking partners – Maintain a log of applications, outcomes and timelines to monitor processing efficiency – Liaise with bank Exchange Control desks to resolve queries and negotiate interpretation differences 4. Internal Training – Design and deliver regular training on Exchange Control for Dealing, Payments, Compliance and other support teams – Ensure updated materials and process checklists are available and understood by relevant staff – Promote consistency in how common transactions are treated across the business (e.g. FDI, foreign allowances, BOP codes) 5. Process Management & Continuity – Document standard operating procedures (SOPs) and checklists for recurring processes and transactions – Identify and address gaps in coverage or controls to minimise reliance on a single point of failure – Set up workflows and automation tools (where feasible) to ensure continuity during planned or unplanned absence 6. Reporting & Oversight – Assist in compiling audit trails and reports related to our Exchange Control requirement – Flag regulatory risks or repeated transaction issues to leadership, with recommendations for resolution or escalation 7. Continuous Improvement – Identify opportunities to improve the efficiency and effectiveness of the Exchange Control function – Collaborate with cross-functional teams to align Exchange Control processes with evolving business goals – Champion a culture of compliance, knowledge-sharing, and client-centric service Core competencies and Personal Attributes – Proactive ownership of the Exchange Control function, ensuring consistent performance through process documentation, planning and collaboration – Attention to detail and high standards for compliance, documentation and execution. – Process-driven mindset with the ability to systematise repeatable workflows and embed best practices across the business – Strong problem solving skills with a practical yet innovative approach to complex or novel Exchange Control scenarios – Effective communicator, able to simplify complex regulatory concepts for both clients and internal teams through written and verbal communication – Business awareness, with an understanding of how Exchange Control considerations impact broader client outcomes and operational priorities – Training and enablement orientation, with a focus on uplifting team knowledge and confidence through structured learning and informal support – Stakeholder relationship management, including meeting with external SARB and banking partners, and internal departments – Resilient under pressure, able to juggle multiple priorities, respond to urgent queries and maintain professionalism in client facing settings – Continuous learner, staying up to date with regulatory changes and looking for opportunities to improve how the Exchange Control function adds value to the business