Exchange Control Officer Full-Time

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With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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Job Summary

Ensuring compliance with all exchange control regulations, advising on legal matters related to foreign exchange transactions, and supporting the bank’s internal governance, risk, and compliance structures. During vacation coverage, the interim support should maintain continuity, mitigate regulatory risk, and ensure business-as-usual activities proceed without disruption.

Job Description

• Provide legal and procedural support to internal and external stakeholders on exchange control matters.
• Respond to internal business queries on exchange control interpretations and application.
• Liaise with clients and relationship managers regarding the legal aspects of exchange control requirements.
• Assist business units with documentation, filings, and regulatory submissions related to foreign exchange transactions.
• Provide support in structuring cross-border transactions from an exchange control perspective.
• Document and escalate complex client or transactional issues.
• Process Management with the Bank of Mozambique.
• Preparation of documents for the Bank of Mozambique.
• Management of all capital transactions, validation, registration, correction and extraction of all data requested.
• Responsible for the management and issuance of exchange bulletins (BICP, BECP, BRP’s).
• Provide regular information for QA reporting and internal/external audit.
• Be the main focal point in communications with the Bank of Mozambique.
• Supervise the management of processes submitted for submission to the Bank of Mozambique, ensuring accurate processing in accordance with legal and regulatory standards.
• Support the operations team in validation of the supporting documents and ensure accurate capture in internal systems.
• Ensure correct application of exchange control rulings and dispensations.
• Propose practical and legal solutions to improve process.
• Set own personal development goal objectives and complete all required actions to achieve.
• Build and manage relationships with various levels of stakeholders across a diverse population, across multiple countries and regions.

Education

• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required).