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Banking
full time

International (FX) Payments Manager

FirstRandSouth Africa

Salary

Not disclosed

Job Type

full time

Posted

about 2 hours ago

Closing date

23 Jul 2026

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Job Description

We are seeking an experienced and driven FX Payments Manager to lead the Cross-Border Payments function within Operations. This role is responsible for the end-to-end management of inward and outward FX payment streams, ensuring accurate, timely, and compliant execution while delivering a seamless and client-centric experience. The successful candidate will provide strategic direction, strengthen operational efficiency, and ensure robust governance, risk management, and stakeholder delivery across the function.

Key Responsibilities

  • Lead the end-to-end execution and settlement of inward and outward cross-border FX payments, ensuring high accuracy and first-time-right processing.
  • Provide leadership within an ACI-enabled processing environment, ensuring strong control over monitoring, exception handling, escalation, and resolution.
  • Produce and deliver monthly reporting, including performance insights, risk metrics, control effectiveness, and service delivery outcomes.
  • Analyse operational trends to identify inefficiencies, service gaps, and control weaknesses, and implement sustainable improvement initiatives.
  • Drive operational transformation by streamlining processes, reducing rework, improving turnaround times, and enhancing overall efficiency.
  • Ensure full compliance with regulatory and internal requirements, including AML, sanctions screening, and suspicious transaction reporting (STR).
  • Maintain audit readiness and ensure timely closure of audit findings.
  • Apply and uphold Minimum Trading Standards (Model Code) in all relevant operational activities.
  • Manage service level agreements (SLAs) and build strong relationships with internal and external stakeholders to ensure consistent delivery.
  • Lead, coach, and develop a high-performing team, translating strategy into clear objectives and disciplined execution.

Requirements

  • Bachelor’s degree in Finance, Accounting, Economics, Commerce, Financial Engineering, Business, or a related field.
  • At least 5 years’ experience in cross-border FX payments execution and settlement (inward and outward).
  • ACI Operations Certification (mandatory).
  • Strong working knowledge of Minimum Trading Standards (Model Code).
  • Proven expertise in SWIFT messaging and ISO 20022 standards.
  • Solid understanding of AML, sanctions compliance, and regulatory requirements.
  • Experience in reconciliations, exception handling, suspense account management, and operational reporting.
  • Demonstrated leadership experience within a payments or FX operations environment.

About the employer

F

FirstRand

FirstRand is a hiring organisation operating in South Africa within the banking sector. They are currently recruiting for the International (FX) Payments Manager role advertised on this page. Visit the official application link for more about the company, its culture and the team you would be joining.

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