Compliance Manager

Nedbank Private Wealth; Johannesburg; On-site; ZAR 650,000 - 900,000; Full time

Job summary

A leading financial institution in Johannesburg is seeking a Senior Compliance Advisor with 5-8 years of experience. The role focuses on ensuring compliance with domestic and international legislation, monitoring risks, and providing guidance to stakeholders. Qualifications include a relevant degree and certification from the Compliance Institute of South Africa. This position offers a challenging environment with significant responsibilities.

Qualifications

• 5-8 years in a senior compliance/risk/governance role.
• Compliance Institute of South Africa certification preferred.

Responsibilities

• Monitor compliance risks and determine compliance state.
• Ensure compliance requirements are adhered to.
• Provide input on compliance risk contraventions.
• Advise business on new regulatory changes.

Skills

Relevant Governance controls and regulatory knowledge

Corporate Governance & Compliance

Compliance reporting

Policy & Procedural Knowledge

Stress Tolerance

Education

Advanced Diplomas / National 1st Degrees

Bachelor of Laws (LLB)

Bachelor of Commerce in Law

Bachelor of Commerce: Risk Management

Job description

Job Purpose

To consult on and advise the Transactional Services Division regarding relevant domestic and international legislation; including payments related legislation compliance and governance to ensure abidance to relevant codes; regulations and rules thereby minimising risk to and protecting the reputation of Nedbank.

Job Responsibilities

• Monitor compliance risks and determine the state of compliance in client facing business areas.
• Ensure compliance requirements are adhered to and adequate compliance risk management practices are in place.
• Execute the annual compliance risk-based program i.e. Identify Assess Monitor & Report.
• Provide input review and ensure accurate reporting and articulation of compliance risks.
• Provide advice and / or input to internal stakeholders on possible contraventions of compliance risks through early detection.
• Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
• Engage with stakeholders formally through determining scope of work understanding and identifying client needs.
• Test whether the business control is adequate and effective and ensure that business procedures and processes and policies contain the right content adequately addressing legislative requirements.
• Advise business of new regulatory changes and identify potential impact of these changes on the business.
• Prevent compliance breaches and reputational risk from occurring which could result in financial penalties.
• Conduct training for staff on compliance obligations and ensure awareness of business compliance status.
• Enable compliance in payment services by ensuring compliance to electronic payment regulation.

Essential Qualifications - NQF Level

• Advanced Diplomas / National 1st Degrees

Preferred Qualification

• Bachelor of Laws (LLB); Bachelor of Commerce in Law
• Bachelor of Commerce : Risk Management

Essential Certifications

• Compliance Institute of South Africa preferred

Minimum Experience Level

5-8 years in a senior compliance / risk / governance role

Technical / Professional Knowledge

• Relevant Governance controls and regulatory knowledge
• Corporate Governance & Compliance
• Compliance reporting
• Archiving Documentation
• Policy & Procedural Knowledge

Behavioural Competencies

• 360 Decision Making
• Influencing
• Building Trusting Relationships
• Managing Work
• Quality Orientation
• Stress Tolerance

Please contact the Nedbank Recruiting Team at

Required Experience :

Manager

Key Skills

Abinitio, Apprentice, Dermatology, Cost Estimation, Data Networking, Liaison

Employment Type : Advisor

Experience : years

Vacancy : 1