Exchange Control Analyst

CORE FUNCTIONS:

• Process Exchange Control applications related to foreign currency accounts, offshore borrowings, designation of companies, registration of foreign capital flows and foreign investment related projects and current items.
• Provide guidance and advice to financial institutions, law firms and other stakeholders on Exchange Control matters and applicable legislation (e.g., Exchange Control Act & the Regulations, Stamp Act, Conveyancing, International Persons Land Holding Act, etc.).
• Ensure compliance with the Central Bank’s penalty regime and ensure that identified breaches of Exchange Control requirements are properly addressed.
• Compiling statistical data and prepare balance of payments, capital and capital financing, Monetary Policy Committee, biannual, annual and ad hoc reports.
• Reconcile foreign currency sales data and monitor the online submission of foreign currency accounts and sales transactions.

EDUCATION & EXPERIENCE REQUIREMENTS:

• Bachelor’s degree in business administration, economics, legal studies or related discipline from a recognized tertiary institution.
• Seasoned knowledge of Exchange Control Act, Regulations and departmental policies and procedures.
• Seasoned knowledge of financial sector, corporate, stamp and other relevant legislation.
• Sound analytical, decision making and problem solving skills.
• Sound understanding of financial statements.
• Sound knowledge of international compliance standards and KYC requirements.
• Seasoned knowledge of word processing and spreadsheet applications.
• Excellent oral and written communication skills.
• Sound planning and time management skills.
• Minimum of (3) years related experience. 
• Legal skills a plus.

Only shortlisted applicants will be contacted.