Administrator: Regulatory Forex (Compliance) at Capitec Bank

Purpose Statement
To support the minimization of risk in the Forex Department through:


Performing ongoing oversight and risk functions required by Forex specific in respect of its Treasury Outsourcing Companies (TOC) model.
Supporting the Regulatory Specialist: Forex to identify and address situations where Forex is exposed to undue risks.
Administratively deal with Risk related queries in an effective and professional manner.


Experience
Minimum:


1 - 2 years compliance review / audit experience within a financial services / retail environment


Ideal:


1 - 2 in compliance or oversight function would be advantageous
Previous experience in project coordination


Qualifications (Minimum)


Grade 12 National Certificate / Vocational


Qualifications (Ideal or Preferred)


A relevant tertiary qualification in Risk and Compliance or Law


Knowledge
Minimum:


Knowledge and understanding of legislation applicable to financial institutions e.g Financial Advisory and Intermediary Services Act (FAIS), FIC Act, Financial Markets Act (FMA)
Knowledge and understanding of relevant anti money laundering and combating of terrorist financing legislation and international standards.
Good knowledge and understanding of CDD requirements
Office administration processes
Project coordination principles


Ideal:


Knowledge of cross border remittances would be advantageous
Foreign exchange principles
Regulatory risk
Compliance practitioner accreditation
Regulatory reporting
Document Control


Skills


Attention to Detail
Communications Skills
Computer Literacy (MS Word, MS Excel, MS Outlook)
Interpersonal & Relationship management Skills
Planning, organising and coordination skills