Vetting Officer: Foreign Exchange Operations

Vetting Officer: Foreign Exchange Operations

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.

Responsibilities

• To examine and check all requests for Foreign Exchange Payments for correctness and conformity to Exchange Control Regulations and rulings.

Experience

Minimum:

• 3-4 yrs Foreign Exchange experience with exposure to Exchange Control Rulings
• Client service standards and practices

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

• A relevant tertiary qualification

Knowledge

Minimum:

• Knowledge of payment documentation such as invoices, transport documentation, and customs documentation.
• Understanding accounting and reconciliation concepts (understand entries and be able to do account reconciliations).
• The SARB Import Verification System (IVS) and understanding 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
• Communication Skills
• Interpersonal & Relationship Management Skills
• Administration 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.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06