Launch Your Finance Career: Junior Currency Clerk Role at Mama Money (Cape Town, 2025)
If you’re passionate about finance, data, and global economics, the Junior Currency Clerk position at Mama Money in Cape Town offers an exciting entry point into South Africa’s dynamic fintech sector. This role is ideal for recent graduates or early-career professionals eager to make a meaningful impact in financial services.Glassdoor
About Mama Money
Mama Money is a Cape Town-based fintech company revolutionizing international money transfers. Their mission is to provide affordable, accessible, and secure remittance services, particularly for migrant workers in South Africa. As a growth-stage startup, Mama Money combines cutting-edge technology with a strong social purpose.Glassdoor+1Indeed+1
Position Overview: Junior Currency Clerk
As a Junior Currency Clerk, you’ll support the finance team by managing exchange rates, sourcing competitive rates from partners, and ensuring compliance with financial regulations. This role offers a comprehensive introduction to foreign exchange operations within a fast-paced fintech environment.Indeed
Key Responsibilities
-
Monitor and analyze exchange rate trends.
-
Source rates and fees from new and existing partners.
-
Ensure compliance with financial regulations.
-
Collaborate with the finance team on currency-related tasks.
-
Maintain accurate records of currency transactions.executiveplacements.com+2Indeed+2Indeed+2www.pnet.co.za+2Indeed+2Indeed+2Himalayas
Job Details
| Detail | Information |
|---|---|
| Location | Cape Town, Western Cape, South Africa |
| Employment Type | Full-time, On-site |
| Salary Range | ZAR 7,000 – ZAR 8,000 per month |
| Application Portal | Apply Here |
| Application Dates | Opened: May 10, 2025<br>Closes: May 31, 2025 |
✅ Candidate Requirements
| Requirement | Description |
|---|---|
| Education | Bachelor’s degree in Finance, Economics, or related field preferred |
| Experience | 0–2 years in finance or related roles |
| Skills | Analytical thinking, attention to detail, proficiency in Excel |
| Communication | Strong verbal and written communication skills |
| Compliance Knowledge | Understanding of financial regulations and compliance standards |
South Africa’s Finance Job Market in 2025
The South African finance sector continues to grow, with fintech companies like Mama Money leading innovation. Entry-level finance roles are in demand, offering competitive salaries and opportunities for advancement. The average salary for a Junior Clerk in South Africa is approximately ZAR 4,997 per month , making Mama Money’s offering above the national average.Indeed+5Indeed+5Glassdoor+5Indeed+3Indeed+3Himalayas+3Glassdoor
Pros and Cons
| Pros | Cons |
|---|---|
| Exposure to international finance operations | Fast-paced environment may be challenging |
| Opportunity to work in a mission-driven company | Requires adaptability to evolving fintech landscape |
| Competitive entry-level salary | Limited remote work flexibility |
❓ Frequently Asked Questions
Q: Is prior experience in foreign exchange required?
A: No, but a foundational understanding of finance and strong analytical skills are essential.
Q: Are there opportunities for career growth?
A: Yes, Mama Money supports employee development and offers clear pathways for advancement within the company.
Q: What is the work environment like?
A: Collaborative and fast-paced, with a focus on innovation and social impact.
Application Process
-
Visit the application portal.
-
Submit your resume and cover letter.
-
Complete any required assessments or interviews.
-
Await communication from the recruitment team regarding next steps.Lever
Location
Mama Money’s headquarters are located in Cape Town, Western Cape. View on Google MapsGlassdoor+6Indeed+6Indeed+6
Additional Resources
-
Glassdoor: Junior Currency Clerk at Mama MoneySouth African Reserve Bankwww.pnet.co.za+5Indeed+5Indeed+5Glassdoor+1Glassdoor+1
Embarking on a career as a Junior Currency Clerk at Mama Money offers a unique opportunity to grow professionally while contributing to a company with a meaningful mission. If you’re ready to take the next step in your finance career, apply today!
