Compliance Head Of Financial Crime

Fnb South Africa; Johannesburg; On-site; ZAR 800,000 - 1,100,000; Full time

Job summary

FNB South Africa is looking for a Compliance Head of Financial Crime to oversee and conduct compliance functions in line with regulatory requirements. This role involves managing the comprehensive compliance framework, implementing strategic goals, and ensuring risk management processes across the organization.

Qualifications

• Minimum of 5 years Financial Crime experience.
• Familiarity with suspicious transaction reports and compliance obligations.
• Experience in regulatory engagements and financial crime audits.

Responsibilities

• Manage the Compliance function within the business unit.
• Develop compliance guidelines and oversee processes.
• Compile and submit financial crime compliance-related reports to regulators.

Skills

Financial Crime Knowledge

Risk Management

Regulatory Compliance

Relationship Management

Education

LLB Degree

Job description

Join to apply for the Compliance Head of Financial Crime role at FNB South AfricaJoin to apply for the Compliance Head of Financial Crime role at FNB South AfricaJob DescriptionTo manage the Compliance function in the business unit and to assist the Segment Compliance Head and Group Chief Compliance Officer in terms of compliance holistically as per the Banks Act Regulations through the implementation of the FirstRand compliance risk framework enabling management to adhere to regulatory requirements and prevent exposure risks in this regard, in line with the FirstRand and related segment business strategy and FirstRand Group wide compliance strategy as well as ensure that the Segment and Business Unit specific Compliance deliverables are implemented and completedJob DescriptionTo manage the Compliance function in the business unit and to assist the Segment Compliance Head and Group Chief Compliance Officer in terms of compliance holistically as per the Banks Act Regulations through the implementation of the FirstRand compliance risk framework enabling management to adhere to regulatory requirements and prevent exposure risks in this regard, in line with the FirstRand and related segment business strategy and FirstRand Group wide compliance strategy as well as ensure that the Segment and Business Unit specific Compliance deliverables are implemented and completedHello Future Compliance Head of Financial CrimeWelcome to FNB, the home of the #changeables.

We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.As part of our team in FNB Retail Legal Risk and Compliance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious.

Now's the time to imagine your potential in a team where experts come together and ignite effective change.Are You Someone Who CanBuild relationships with business units that allow for the managing of expectations; the sharing of financial crime knowledge and diverse insights; and the creation of buy-inProduce high standard of consolidated risk reporting to both internal and external stakeholders and committees; reports must be accurate, complete, and delivered timeously to enable senior decision makingParticipate with senior management to establish financial crime strategic goals, plans and objectives for the organisation and make strategic decisions based on company goals and objectivesDevelop financial crime compliance guidelines, processes, and procedures for various business units through collaboration with business unit leadership and centre of excellenceNegotiate and inform matters affecting the client due diligence operations teamAnalyse, address and resolve financial crime issuesProvide oversight, expertise and support on financial crime related mattersEnsure processes and other controls exist within the business to enforceEnsure the implementation of financial crime awareness and training programs across the organisationEnsure adherence to financial crime operational framework of policies and procedures within the various business unitsYou Will Be An Ideal Candidate If YouImplement financial crime programmes, processes, and procedures in support of laws and regulationsEnsure that operations are monitored and audited, including, systems in place to detect financial crime violations in high-risk, transactional activities, red flag indicators and metrics for compliance risksManage financial crime critical projects including incident and crisis management to ensure that the incident management plan is executed in a timely mannerCollaborate with business units to perform periodic financial crime reviews of compliance effectivenessCompile and submit financial crime compliance-related reports to various regulators, as and when requiredReport to regional and international executives on all financial crime related mattersMaintain expert knowledge on relevant legislative amendments, industry best practices and provide advice to relevant stakeholders and to advise on financial crime related policy updatesBuild and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies across the segmentUnderstand the competency and skills sets to be mastered to ensure personal and employee development and performance within the direct team and segment as a wholeHave In-depth knowledge of client due diligence processes and requirements within the banking sector, including both onboarding of new clients and periodic reviews for existing clientsYou Will Have Access ToOpportunities to network and collaborateA challenging working environment and development opportunitiesOpportunities to innovateWe Can Be a Match If You HaveA LLB DegreeACAMSA minimum of 5 years Financial Crime experienceFamiliarity with reporting obligations, such as suspicious transaction reports (STRs), cash threshold reports, and international funds transfer reportsUnderstanding of the risk-based approach within the financial crime landscape and the ability to assess and rate client risk accordinglyExperience in developing strategies and methodologies for conducting financial crime-related business risk assessmentsPrevious involvement in regulatory engagements and audits within the financial sectorApply now if you are interested in taking the next step.

We look forward to engaging with you!All appointments will be made in line with FirstRand Group's Employment Equity plan.

The bank supports the recruitment and advancement of individuals with disabilities.

In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis.

The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.#POST#FNBJob DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.13 / 06 / 25All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis.

The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.Seniority levelSeniority levelExecutiveEmployment typeEmployment typeFull-timeJob functionJob functionLegalIndustriesBankingReferrals increase your chances of interviewing at FNB South Africa by 2xSign in to set job alerts for "Head of Compliance" roles.Regional Head, Financial Crime Compliance - Africa RegionsJohannesburg, Gauteng, South Africa 1 week agoJohannesburg, Gauteng, South Africa 6 days agoJohannesburg, Gauteng, South Africa 6 days agoChief Risk Officer Group Functions & Head of Risk OperationsJohannesburg, Gauteng, South Africa 6 days agoSandton, Gauteng, South Africa 2 months agoJohannesburg, Gauteng, South Africa 6 days agoJohannesburg, Gauteng, South Africa 6 days agoCity of Johannesburg, Gauteng, South Africa 1 day agoSandton, Gauteng, South Africa 5 days agoEthics Risk & Compliance Operational Excellence Head Sub Saharan AfricaRegulatory Affairs & Entity Corporate Governance Manager for AfricaJohannesburg, Gauteng, South Africa 1 day agoCity of Johannesburg, Gauteng, South Africa 4 weeks agoMoney Laundering Reporting Officer - South AfricaJohannesburg, Gauteng, South Africa 4 days agoBryanston, Gauteng, South Africa 3 weeks agoSandton, Gauteng, South Africa 2 days agoProperty Operational Services SupervisorJohannesburg, Gauteng, South Africa 1 month agoJohannesburg Metropolitan Area 6 days agoCity of Johannesburg, Gauteng, South Africa 1 day agoJohannesburg, Gauteng, South Africa 3 months agoJohannesburg, Gauteng, South Africa 6 days agoJohannesburg, Gauteng, South Africa 4 months agoAssociate Director : Corporate Tax ComplianceJohannesburg, Gauteng, South Africa 4 days agoJohannesburg, Gauteng, South Africa 1 month agoAML, CFT, CPF, Sanctions and Excon Solutions SpecialistJohannesburg, Gauteng, South Africa 1 week agoJohannesburg, Gauteng, South Africa 9 hours agoPersonal Assistant : Principal InvestmentsJohannesburg, Gauteng, South Africa 6 days agoMidrand, Gauteng, South Africa 3 weeks agoWe're unlocking community knowledge in a new way.

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Head Of Compliance • Johannesburg, Gauteng