Capitec Bank Jobs: Foreign Exchange Operations Officer

Capitec Bank Vacancies: Sandton Vetting Officer Foreign Exchange Operations

Capitec Bank Invites suitably qualified applicants to apply for their Sandton Vetting Officer Foreign Exchange Operations vacancies (Not Specified posts). The closing date for applications is Not Specified. Note that the closing date can not be lower than today’s date.

What We’re Looking For

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:

Step 1: Get to Know Us

Want to see what life at Capitec is all about? Complete a short assessment by clicking on the link below:

Click here to get started!

Step 2: Finalize Your Application

Once you’ve completed the above, finalize your application by clicking the link below:

Click Here To Apply

Job Description

Purpose Statement

As a Vetting Officer Foreign Exchange Operations, you will be responsible for examining and checking all requests for Foreign Exchange Payments for correctness and conformity to Exchange Control Regulations and rulings.

Experience

• Minimum 3-4 years of Foreign Exchange experience with exposure to Exchange Control Rulings
• Client service standards and practices
• Exchange Control rulings, foreign exchange, Foreign Exchange settlements, SWIFT standards, cut-off times

Qualifications

• Minimum Grade 12 National Certificate / Vocational
• Ideal or Preferred: Relevant tertiary qualification

Knowledge

• Minimum:
  • Knowledge of payment documentation such as, Invoices, transport documentation and customs documentation
  • Understand accounting and reconciliation concepts (understand entries and be able to do account reconciliations)
  • The SARB Import Verification System (IVS) system and understand the requirements in respect of Unique Consignment Reference (UCR) and Movement Reference number (MRN) references
  • Understanding of Balance of payments to establish appropriate BoP categories
• Ideal:
  • Knowledge of Capitec AML, FIC and suspicious transaction monitoring and reporting policies
  • Relevant knowledge of International Foreign Exchange, payment and clearing systems
  • Knowledge of operational risk concepts and principles

Skills

• Analytical Skills
• Attention to Detail
• Communications Skills
• Interpersonal & Relationship management Skills
• Administration Skills

Conditions of Employment

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

Commitment to Diversity

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