Exchange Control Advisory Manager

We are excited to announce an incredible opportunity for an Exchange Control Advisory Manager! In this pivotal role, you will be at the forefront of overseeing and managing all aspects of exchange control compliance within the company. This includes ensuring that all transactions and operations are in line with local and international exchange control regulations, developing and implementing policies and procedures, and providing strategic guidance to the business. The ideal candidate will have a strong understanding of exchange control regulations, exceptional analytical skills, and a proactive approach to risk management. Join us and make a significant impact!

Duties and Responsibilities (Include but are not limited to):

Compliance Management

•  Ensure the company’s operations comply with all relevant exchange control regulations, including those related to foreign currency transactions, cross-border payments, and other related financial activities.

Policy Development

• Develop, implement, and maintain exchange control policies and procedures that align with regulatory requirements and industry best practices.

Monitoring and Reporting

• Monitor all relevant transactions and activities for compliance with exchange control regulations. Prepare and submit required reports to regulatory authorities in a timely and accurate manner.

Risk Management

•  Identify potential exchange control risks and develop strategies to mitigate them. Provide guidance and support to other departments to ensure understanding and compliance.

Stakeholder Engagement

• Act as the primary point of contact for regulatory bodies and auditors concerning exchange control matters. Liaise with internal teams, including Legal, Finance, and Operations, to ensure cohesive compliance efforts.

Training and Development

• Develop and deliver training programs to educate staff on exchange control regulations and the importance of compliance.

Continuous Improvement

• Stay updated on changes in exchange control regulations and adapt company policies and procedures accordingly. Drive continuous improvement initiatives within the compliance framework.

Stakeholder Engagement

•  Liaise with regulatory authorities and industry bodies to represent the company’s interests, as required.
• Collaborate with cross-functional teams, including Legal, Risk, Commercial and Operations, to address compliance-related issues.

Key Requirements

• Grade 12 or equivalent
• Bachelor’s degree in finance, Law, Business Administration, or a related field. A master’s degree or professional certification is preferred.

• Minimum of 5 years of experience in compliance within the financial services sector, with a focus on exchange control as it pertains remittance and payments.
• Demonstrated expertise in regulatory requirements and industry best practices.
  

Additional Skills

• Strong understanding of financial regulations, amongst various jurisdictions across Africa.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Effective communication and interpersonal skills with the ability to influence stakeholders at all levels.
• Proficient in using compliance management tools and technology.
• Ability to work independently and manage multiple projects simultaneously.

I am sure you are reading this job description and meet majority of the criteria BUT you may also still not be 100% comfortable in applying. We believe that there is a place for everyone under the Mukuru sun and we want YOU to contribute to our diverse tapestry of talent. So come on, take a leap of faith, and send your application if you meet majority of our requirements. Remember to include a snippet of how you will bring value and help us build a future of success that will help us determine where and how you may best be suited” Maybe you are just the future Mukurian we need!!

Should you be appointed in a remote/work from home role at Mukuru, it is your responsibility to ensure that you have uninterrupted internet connectivity and a ‘work-like’ environment at your home location, in order to deliver your best in terms of performance, productivity and service to our customers.
If you do not receive any response after two weeks, please consider your application unsuccessful.

NB: ALL STAFF APPOINTMENTS WILL BE MADE WITH DUE CONSIDERATION OF THE COMPANY’S DIVERSITY AND INCLUSION PLANS