Brief description
The main purpose of the role is to lead the team in overseeing inward foreign loan reporting and foreign debt administration; finalising foreign loan applications; maintaining the Foreign Loan System (FLS); and monitoring compliance with exchange control requirements.
Detailed description
The successful candidate will be responsible for, among other duties, the following key performance areas:
- Finalise foreign loan applications and related correspondence, including the review and resolution of change requests submitted by Authorised Dealers.
- Validate foreign loan information recorded on the FLS and ensure completeness, accuracy and integrity of loan records.
- Administer and maintain the FLS, including user registrations, access requests, interest rates, system parameters and allocation of work items.
- Monitor inward foreign loan transactions for compliance with exchange control regulations and analyse loans for anomalies or potential irregularities.
- Compile weekly and monthly foreign loan statistics, management reports and ad hoc information requests for the department’s management and stakeholders.
- Provide guidance to internal divisions, Authorised Dealers, reporting entities, state-owned entities and National Treasury on foreign debt reporting requirements.
- Lead and guide junior team members in delivering work and executing tasks and provide input into the evaluation of their performance and development needs.
- Contribute to process improvement, knowledge sharing, data quality enhancement and regulatory compliance across reporting institutions.
- Engage with internal and external stakeholders and deliver a coherent and convincing message.
Stay abreast of developments in relevant standards, procedures and regulations, holding self, team members and stakeholders to account.
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