Job Description

Gauteng, Tshwane (Pretoria)

Annually Cost To Company (Market related, Negotiable)
To manage and enforce compliance with the rules governing participation in the domestic settlement system, known as the South African Multiple Option Settlement (SAMOS) system, and the regional settlement system, known as the Southern African Development Community Real-Time Gross Settlement (SADC-RTGS) system, for the settlement of payment obligations. For the SADC-RTGS, this includes the management of the Credit Transfers with Immediate Settlement (CITS) Payment Scheme.
JOB DESCRIPTION

• Manage compliance relating to the enforcement of rules of participation in the domestic settlement system (payment and settlement rules) and in the regional settlement system (CTIS rules).
• Facilitate the establishment, review and approval of payment and settlement rules governing participation in the SAMOS and SADC-RTGS systems.
• Manage and oversee anti-money laundering (AML) and sanctions screening of United States dollar payments and settlements processed via the SADC-RTGS system.
• Manage stakeholder engagements and relationships (internal and external) to support and enhance the sustainability and growth of RTGS participation, including marketing and creating awareness of participation in RTGS systems.

JOB REQUIREMENTS

• A minimum of an Honours degree in Finance, Law or Risk Management; and
• At least 8 to 10 years of experience in a banking, payments and settlement, legal, or compliance and risk management environment.

Additional requirements include:

• Knowledge of payments and settlements;
• Knowledge of corporate governance and risk management practices and standards;
• Financial and business acumen.
• Fosters collaboration;
• Drives digital dexterity/ fluency; and
• Impact and influence.

For more information please contact:
Ntombizonke Memela