MOKGADI MILLICENT MOTIMELE
Foreign Exchange Operations Support
Fourways
Overview
14
14
years of professional experience
6
6
years of post-secondary education
Work History
FX Specialist
Grobank limited
Johannesburg
10.2018 - 10.2020
- To be the single point of contact for all GTS customers, fulfil client orders within prescribed order times, provide advice to clients on exchange control matters and adhere to all internal and regulatory compliance requirements
- Ensure all required FICA has been collected, legal documentation has been completed and risk secure check has been done
- Accurately compile the documentation pack for the execution of payment or establishing a Letter of Credit (L/C);
- Foreign Bill for Collection (FBC) & Guarantees Compliance with AML and FICA requirements
- Ensure customers instructions are executed Timeously and accurately Keep up to date with compliance training, exchange control rulings
- Ensure that all transactions are executed strictly per Customers instructions Deal ticket information corresponds exactly to BOP form
- Information completed fully on BOP form Signature verified against compliance micro-file
- Customer account checked for funds Customs client number verified on IVS system (new clients) Invoice name corresponds with Beneficiary account holder Documents are scrutinized against the BOP form and deal ticket Invoice term and date corresponds to BOP category ( applicable to advance and non-advance payments) GTS register is completed with payment information Completed document pack placed in payment basket within daily cut-off times
- Currency and Exchange regulation IVS outstanding list has been referred to for an advance payment IVS outstanding list updated with total invoice value Advance payment marked for follow up IVS reported upon presentation of proof of importation Check for exchange control approval (if applicable) IVS list referred to daily, specialist to attend to clients under their portfolio
- Any Return of funds to be put through process procedure above: also recorded in
- GTS register Managing Inward Swifts Sought inward swifts each morning Confirm cover has been placed Inform clients of inward funds Manage process to clear funds within 30-day period Maintenance of products and portfolios Foreign Bills for Collections Letters of Credit
- Guarantees.
Foreign Exchange Operations Officer
Mercantile bank
06.2016 - 09.2018
- Verification and checking of Foreign Exchange payments and settlements per client instructions, within stipulated regulatory cut off times
- Ensure Exchange Control compliance for Foreign Exchange payments are in line with Exchange Control Rulings and Regulations
- Ensure that all payments comply with the Bank’s procedures and policies
- Check documentation in terms of Exchange Control Rulings and Cross Border
- Form (Integrated Form) (BOP forms)
- Check client instructions for content, completeness and clarity, i.e
- IBAN numbers, Account numbers, beneficiary bank details, currency, etc
- In instances where the BOP category is 102/103, access the
- SARB IVS Website to input the MRN number and verify it, print and attach to the transaction
- Ensure documentation is endorsed for all categories except imports
- Identify any non FICA customer
- Assist the Controller with the printing of payment instructions received from clients and branches
- Print all payments for Intermediaries
Foreign Exchange
Nedbank Sandown
06.2015 - 12.2017
- Processing foreign deposit e.g
- Traveler’s cheque and foreign currencies
- Printing visa letters for clients going overseas
- Selling foreign notes and cheques to clients
- Processing BP (overseas cheques).Withdrawal from CFC accounts and deposits.Co- odinate OTT’s/ITT’s/NEP, immigration MP336 and adherence to exchange control
- Placing /receiving and accepting SBV travelers’ cheques and foreign bank notes
- Processing of foreign pension/gift cheques /BP’ S and sending foreign bank notes
Acting Team Leader
Nedbank Sandown
11.2011 - 01.2014
- Managing cash tellers and foreign tellers
- Action Teller report and signing off teller audit roll at end of day
- Effective management of cash management for branch limits
- Response to daily E-mails communication
- Manage process balancing of tellers
- Escalation process in terms of systems
- Manage treasury (e.g
- Custodian for treasury)
Bulk teller
Nedbank Sandown
01.2011 - 01.2014
- Responsible for a personal cash float, ensure timeous and reconciles daily transactions and resolve discrepancies
- Maintain routine records relating to items processed
- In charge of treasury and book out cash to junior tellers
- Checking audit rolls for other tellers at the end of the day
- Authorizing transactions for other tellers above their mandates
- Preparing cash for collection and receiving cash from SBV.
Branch Administrator
Nedbank Sandown
01.2009 - 10.2011
- Handle reports (download, action and distribute daily reports to different departments)
- Administer Savings, Current and investments accounts filling
- Signature verification, request imaging for statement, cheque and deposits slips
- Distributes documents to supporting teams
- Authenticate nedinform transfers (external transfers)
- Issue Banks Own cheques and mark cheques for payment
- Home and
- Building loan transfers
- Issue interest, balance and tax certificates
- Capture DCWC’s (Internal transfers).Manage safe custody, resolve client quiries and control FICA reports
- Control vehicle finance payments.
Banking Operations Support
Sasfin Bank Limited
Johannesburg
11.2020 - Current
- Investigate and resolve all unreconciled transactional entries as per agreed SLAs for
- Alliance Partners, other banks and Business Partners, Authorize financial transactions on Enterprise
- Card order / delivery management / queries, Internet banking registrations new and existing accounts
- Investigate and resolve all unreconciled transactional entries as per agreed SLAs for Alliance Partners, other banks and
- Business Partners
- Authorise all outward offshore payments, Validate and authorize
- Interbank transactions for foreign currency
- Ensure all the queues in Calypso and
- Swift are clear for all same day transactions
- Motivate and escalate Fircosoft hits to
- Excon department
- Monitor and Increase Swift currency limits when required, Verify and authorise manual payment related messages on Swift
- Release outgoing MT103/
- MT202/MT300
- Action Matching Manager Daily report and Interbank queries.
Education
Senior Certificate -
Mokwatedi High School
Polokwane 01.2002 - 11.2002
BBA degree (Bachelor of Business Administration) - Human Resource Management & Marketing Management, Business Communication, finance, ICT
CIDA CITY CAMPUS
Johannesburg 02.2003 - 05.2008
Vip Payroll Certificate (unit 1 -
VIP PAYROLL ACADEMY
Johannesburg 01.2015 - 05.2015
Skills
Confident, Persuasive, helpful, Ambitious, Approachable and politeundefined
Timeline
Banking Operations Support
Sasfin Bank Limited
11.2020 - Current
FX Specialist
Grobank limited
10.2018 - 10.2020
Foreign Exchange Operations Officer
Mercantile bank
06.2016 - 09.2018
Foreign Exchange
Nedbank Sandown
06.2015 - 12.2017
Vip Payroll Certificate (unit 1 -
VIP PAYROLL ACADEMY
01.2015 - 05.2015
Acting Team Leader
Nedbank Sandown
11.2011 - 01.2014
Bulk teller
Nedbank Sandown
01.2011 - 01.2014
Branch Administrator
Nedbank Sandown
01.2009 - 10.2011
BBA degree (Bachelor of Business Administration) - Human Resource Management & Marketing Management, Business Communication, finance, ICT
CIDA CITY CAMPUS
02.2003 - 05.2008
Senior Certificate -
Mokwatedi High School
01.2002 - 11.2002
Similar Profiles
BEULYNE MANDY LEONORE ADAMSBEULYNE MANDY LEONORE ADAMS
COMPLIANCE QA ANALYST at SASFIN BANK LIMITEDCOMPLIANCE QA ANALYST at SASFIN BANK LIMITED
Akhiym AlfredAkhiym Alfred
A-Class Fitter, Millwright at DAMUS LIMITED,SIS LIMITED,TRINWELD, D. Rampersad and Company Limited and other contractorsA-Class Fitter, Millwright at DAMUS LIMITED,SIS LIMITED,TRINWELD, D. Rampersad and Company Limited and other contractors
Azhar ShaikhAzhar Shaikh
Credit Manager at Tata Capital Limited (Tata Motors Finance Limited Merged with Tata Capital Limited)Credit Manager at Tata Capital Limited (Tata Motors Finance Limited Merged with Tata Capital Limited)
Thembela MasoetsaThembela Masoetsa
Co-Manufacturing Plant Controller at Nestle SA (Pty) LtdCo-Manufacturing Plant Controller at Nestle SA (Pty) Ltd
Mainah Mura MachombeMainah Mura Machombe
Vetting, Leasing and Billing Manager at Houss RentalsVetting, Leasing and Billing Manager at Houss Rentals