Compliance Manager

FirstRand; Johannesburg; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A financial services organization in Johannesburg seeks a Compliance Manager responsible for implementing compliance frameworks and ensuring adherence to regulations. The ideal candidate will have a Bachelor's degree in Law or Compliance, a minimum of 5 years' experience in Regulatory Risk Management, and experience in the Banking and Payments environment. You will manage compliance risks and collaborate across teams to ensure strong governance and customer-centric outcomes.

Qualifications

• Minimum of 5 years’ experience in Regulatory Risk Management and Compliance.
• Experience in a Banking and Payments environment is essential.
• Proven engagement with the Payments Association of South Africa (PASA).

Responsibilities

• Ensure execution of compliance management strategies and programs aligned with regulations.
• Provide Compliance Management Subject Matter Expertise to business and leadership.
• Design, implement and monitor compliance controls, perform reviews and support audits.
• Control expenditure and manage budget usage in line with agreed parameters.
• Compile reports that track compliance performance and highlight risks.

Skills

Regulatory compliance

Risk management

Team leadership

Stakeholder engagement

Education

Bachelor’s degree in Law or Compliance

Relevant Degree in Risk Management or Compliance

Registered Compliance Officer with FSCA

Job description

Overview

To ensure there is implementation of the Group’s compliance frameworks and programmes in consultation with business, ensuring conformance and adherence with regulations, and delivering through a team of Compliance resources/specialists. Ensure adherence of organisational policies and procedures, especially regulatory and ethical standards. Perform regular audits, design control systems and help to design and implement company policies.

As a Compliance Manager, you will ensure the implementation of the Group’s compliance frameworks and programmes in consultation with business, ensuring conformance and adherence to regulatory requirements. You will deliver through a team of Compliance resources and specialists, enabling ethical conduct, strong governance and customer-centric outcomes.

Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Responsibilities

• Ensure execution of compliance management strategies, plans and programmes aligned to regulatory obligations
• Provide Compliance Management Subject Matter Expertise to business and leadership
• Interpret and embed regulatory requirements into business processes, customer journeys and operational controls
• Ensure adherence to organisational policies and procedures, particularly regulatory, conduct and ethical standards
• Design, implement and monitor compliance controls, perform regular reviews and support audits
• Manage and mitigate regulatory and compliance risks within own area of responsibility
• Identify process improvement opportunities to enhance efficiency while maintaining regulatory integrity
• Control expenditure and manage budget usage in line with agreed parameters
• Build strong working relationships across teams and functional lines to enhance collaboration and delivery
• Deliver customer experience excellence in line with Treating Customers Fairly (TCF) principles
• Manage and guide team performance to achieve business and compliance objectives
• Compile reports that track compliance performance, highlight risks and support informed decision-making
• Contribute to tactical planning and implement supporting operational strategies
• Encourage an inclusive, collaborative and values-driven culture
• Participate in planned activities that support own and team development

Regulatory Frameworks

• Financial Advisory and Intermediary Services Act (FAIS)
• National Credit Act (NCA)
• Financial Intelligence Centre Act (FICA)
• Currency and Exchanges Act (EXCON)
• Protection of Personal Information Act (POPIA)
• Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS)
• Immigration Act
• Treating Customers Fairly (TCF) principles and Conduct Risk frameworks

Education and Experience

• Bachelor’s degree in Law or Compliance
• Relevant Degree in Risk Management or Compliance (preferred)
• Registered Compliance Officer with the Financial Sector Conduct Authority (FSCA) (preferred)
• Minimum of 5 years’ experience in Regulatory Risk Management and Compliance
• Banking and Payments environment experience is essential
• Proven engagement with the Payments Association of South Africa (PASA)

Are you interested to take the step? We look forward to engaging with you further. Apply now!

Note: 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. Candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless required by law to disclose this information to other parties.