Relationship Manager: Forex
At a glance
Mid-level Account Management role at Bidvest Bank. Johannesburg · full-time.
Pay not stated
Growth Roles summary, based on the employer's posting.
What you'll do
- Grow foreign exchange revenue by winning new clients, expanding wallet share, and creating cross-sell opportunities
- Manage and retain a high-value client book through tailored forex advice and responsive service
- Build external networks, generate leads, and move prospects through the acquisition pipeline
- Guide onboarding, customer-data updates, KYC checks, and SARB applications through to resolution
- Maintain CRM records and report on pipeline results, portfolio expansion, and revenue trends
What you bring
- A National Diploma in Finance or a Certificate in Banking, plus RE5
- Three to five years in a comparable financial-services position
- Strong knowledge of forex products, international payments, FX markets, Treasury, and cross-border banking
- Working knowledge of Exchange Control Regulations, SARB rules, FICA, AML, sanctions screening, and banking law
- Capability to structure suitable forex solutions, manage risk, and negotiate deals
Who this fits
You’ll suit a client-facing manager who can combine foreign exchange expertise with acquisition, portfolio growth, and relationship retention. The role is based in Johannesburg, South Africa, and involves coordination with internal and external stakeholders, compliance processes, and customer onboarding.
From the employer
Primary Purpose
The role is responsible for retaining and growing a portfolio of high-value foreign exchange clients by delivering specialist foreign exchange solutions, exceptional client service, and strategic financial guidance. The role focuses on driving non-interest revenue growth through the acquisition of new-to-bank forex customers, deepening existing client relationships, and identifying opportunities to cross-sell the Bank's products and services aligned to clients' business and banking needs.
Minimum Requirements
Qualifications
- National Diploma – Finance/Certificate in Banking
- RE5
Experience
- 3 - 5 years previous experience in same or similar role within the financial services industry.
Competencies
- Ability to develop and execute sales strategies to achieve revenue, retain clients and portfolio growth targets
- In-depth understanding of foreign exchange products, international payments, foreign currency accounts, FX market, Treasury and cross-border banking solutions
- Building, managing, and retaining high-value client relationships
- Understanding of financial statements, compliance, cash flow, business operations, and industry dynamics
- New client acquisition, pipeline management, and opportunity identification.
- Knowledge of Exchange Control Regulations, SARB requirements, FICA, AML, sanctions screening, and applicable banking legislation.
- Ability to analyse portfolio performance, revenue trends, client activity, and sales performance
- Ability to assess client requirements and structure suitable forex solutions
- Ability to identify, mitigate, and escalate risks appropriately
- Ability to identify, mitigate, and escalate risks appropriately
- Understanding of credit principles and risk considerations
- Ability to leverage technology to improve client experience and operational efficiency
- Negotiation and deal structuring skills
- Leadership, coaching and mentoring capability
Key Responsibilities
- Achieve NIR targets
- Grow wallet share and FX turnover and revenue
- Drive cross-sell opportunities to grow portfolio revenue
- Acquire new to bank foreign exchange clients and other revenue streams
- Retain and grow customer portfolio
- Collaborate effectively with internal and external stakeholders
- Network externally to identify new business opportunities and secure lead flow
- Ensure the receipt and capturing of customer information accurately during the account origination process
- Ensure client onboarding is aligned to internal processes i.e. compliance, credit, internal stakeholder engagement etc.
- Ensure accurate capturing, updates and amendments of customer information
- Perform KYC verification throughout customer lifecycle
- Assist with SARB related matters and manage applications
- Follow up with all parties to ensure that queries are resolved
- Maintain CRM updates
- Prepare required reports
- Track and report on pipeline performance and portfolio growth
This position is advertised in line with our commitment to Employment Equity.
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