Exchange Control Support

Job description

Job Overview: Are you energetic, ambitious, and looking to develop your career? Our Forex SA department is looking to add an Exchange Control Support to their Cape Town team. We offer a dynamic and challenging environment where we achieve our business objectives and have fun doing it. You’re perfect for this position if you: Have a degree in Finance, Economics, Business, or a related field. Have an excellent command of the English language with strong communication, interpersonal, and customer service skills. Can engage professionally with international clients, banks, and internal stakeholders both telephonically and in writing. Possess strong organisational and time management skills to handle daily operational deadlines in a fast-paced environment. Possess strong time management skills Are computer literate, with strong skills in MS Excel, Word, and Outlook (CRM exposure is a plus). Personal attributes: High attention to detail, accuracy, and a methodical, reliable approach to work. Ability to interpret, follow, and apply regulatory requirements effectively. Strong sense of accountability, task ownership, and problem-solving initiative. Ability to multitask and perform well under high-pressure, deadline-driven conditions. Your role and responsibilities: Among other tasks, your main responsibilities will include: Assisting clients with Exchange Control applications and enquiries relating to the movement of funds into and out of South Africa. Gathering, reviewing and validating supporting documentation to ensure compliance with South African Reserve Bank (SARB), SARS and banking requirements. Preparing and submitting Exchange Control transactions and applications through approved banking and regulatory channels. Capturing, verifying and maintaining accurate Balance of Payments (BoP) reporting information for all applicable transactions. Assisting with the onboarding of new clients, including FICA verification, client due diligence and risk assessment requirements. Monitoring active Exchange Control cases and ensuring all outstanding documentation, approvals and conditions are obtained within required timeframes. Liaising directly with authorised dealers (banks), relationship managers and other stakeholders to facilitate the processing of client transactions. Assisting with offshore investment, inheritance, foreign income, loan, trust, property and emigration-related Exchange Control transactions. Communicating with clients telephonically and in writing regarding documentation requirements, transaction progress and regulatory obligations. Maintaining complete and accurate client records, audit trails and case notes in accordance with internal compliance procedures. Identifying potential compliance risks, documentation discrepancies and technical issues, and escalating these appropriately. Supporting senior Exchange Control consultants with research, case preparation and regulatory interpretation. Remaining up to date with changes to Exchange Control regulations, banking requirements and internal policies. Contributing to service excellence by ensuring client enquiries and cases are handled accurately, professionally and within agreed service levels. About Sable International Sable International offers innovative professional services to international citizens. We create tailor-made solutions to meet the accounting, wealth, financial, currency and nationality needs of our clients. We pride ourselves on providing solutions that suit our clients’ unique individual circumstances; our employees are key in achieving this goal. The staff in our Cape Town, Durban, London, Melbourne, and Portugal offices are passionate about their areas of expertise and take pride in helping our clients achieve their goals. As a result, we have an energised and fun company culture, something that sets us apart from other professional services firms.