Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

To ensure the accurate and timely validation of payment transactions through the application of prescribed processes and procedures, thereby reducing operational risk, errors, and rework.

Job Summary

Employer: Standard Bank
Job Type: Full-time
Location: Windhoek, Namibia
Category: Finance
Closing Date: 2026-10-23

Key Responsibilities

Execute payment due diligence processes and procedures within prescribed turnaround times, ensuring compliance with Exchange Control rulings, regulatory requirements, and internal policies, while engaging relevant stakeholders to facilitate accurate transaction processing, reduce rework, and maintain high service standards.
Provide guidance and support to internal and external stakeholders in support of Payments strategic objectives, ensuring adherence to service level agreements (SLAs), delivering quality service, and fostering strong customer and business partner relationships.
Promote a culture of accuracy and quality by minimizing processing errors, rework, human incidents, and associated financial impacts.
Coordinate and support internal control reviews, internal and external audits, Financial Intelligence Centre (FIC) reviews, compliance reviews, and regulatory inspections by ensuring the timely provision of accurate information, documentation, and responses.
Monitor and track audit, compliance, and regulatory findings, ensuring that agreed action plans are implemented within prescribed timelines and that identified risks are appropriately mitigated.

Requirements

Degree in Business, Finance or any related qualification
3-4 years in Exchange Control Rulings
Knowledge of Exchange Control Regulations
Broad understanding of Payments Operations.
Understanding of the Bank’s systems, processes and procedures.
Understanding and facilitation of an active change agent role in assisting business
Understanding the basics of team dynamics and participation in developing and maintaining a team culture.
Knowledge of the applicable legislations

How to Apply

To apply, please visit: jobs.smartrecruiters.com

About the Company

Standard Bank Namibia is a prominent financial institution operating across Namibia, offering a comprehensive suite of banking and financial services. As a key subsidiary of the broader Standard Bank Group, it leverages regional expertise to serve individuals, businesses, and corporate clients within the country. The bank plays a vital role in Namibia's economic development, supporting various sectors through its extensive network of branches, ATMs, and digital banking platforms. Committed to local prosperity, Standard Bank Namibia continually aims to provide innovative solutions tailored to the unique needs of the Namibian market.

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Frequently Asked Questions

What qualifications or certifications are typically required for a Foreign Exchange Control Team Leader role in Namibia?

Most employers require a bachelor's degree in Finance, Accounting, Economics, or a related field. Professional certifications such as ACCA, CIMA, or banking-specific qualifications from the Namibia Institute of Bankers strengthen your application. Experience in foreign exchange, treasury, or compliance roles within Namibian banking is usually essential.

What are the typical day-to-day responsibilities of a Foreign Exchange Control Team Leader?

You will oversee foreign exchange transactions, ensure compliance with Bank of Namibia exchange control regulations, and manage a team processing cross-border payments. Daily tasks include reviewing regulatory reports, resolving escalated queries, and liaising with the central bank on policy matters. You will also monitor risk exposure and implement internal controls to prevent regulatory breaches.

How does the work culture and employer expectations differ in Namibian banks compared to other countries?

Namibian banking workplaces emphasize hierarchical respect, punctuality, and strong relationships with regulators like the Bank of Namibia. Employers expect high accountability given strict exchange control enforcement, with less flexibility on remote work compared to international banks. Building trust through consistent performance and understanding local regulatory nuances is highly valued.

What career progression opportunities exist for Foreign Exchange Control professionals in Namibia?

Strong performers can advance to Head of Treasury Operations, Compliance Manager, or broader Risk Management roles within the bank. Some transition to consulting positions advising firms on exchange control matters, or move into regional roles covering Southern Africa. Continuous professional development and networking through the Namibia Institute of Bankers supports upward mobility.

What employee benefits are commonly offered for senior finance roles in Namibian banks?

Standard benefits typically include medical aid contributions, pension or provident fund arrangements, and annual leave aligned with Namibian labour law. Many banks offer performance bonuses, study assistance for further qualifications, and group life cover. Specific packages vary by employer and individual negotiation, with larger institutions generally providing more comprehensive benefits.

How should I apply for this role and what do Namibian employers prioritize in candidates?

Apply through the bank's official careers portal or reputable Namibian job boards, ensuring your CV highlights exchange control experience and regulatory knowledge. Employers prioritize candidates with proven Bank of Namibia reporting experience, leadership track records, and integrity given the sensitive nature of foreign exchange oversight. Strong references from previous banking supervisors and demonstrated understanding of local compliance frameworks significantly strengthen your candidacy.