Compliance Officer

Standard Bank Of South Africa Limited; Johannesburg; On-site; USD 50,000 - 80,000; Full time

Job summary

A leading financial institution seeks to enhance its Compliance Risk Management processes to mitigate operational losses and penalties. The ideal candidate will have a Bachelor's degree and substantial experience in compliance, focusing on regulatory adherence and risk management, contributing to effective governance and performance metrics in a dynamic banking environment.

Qualifications

• 5 - 7 years of experience in Compliance.
• Expert knowledge of regulatory requirements.
• Solid understanding of banking products and activities.

Responsibilities

• Analyse operational activities to identify compliance risks.
• Maintain specific Regulatory Universe for legislative adherence.
• Complete and contribute to compliance reports.

Skills

Compliance Risk Management

Regulatory Adherence

Risk Management

Analytical Skills

Education

Bachelor's Degree - Audit / Finance / Legal / Business

Post Graduate Degree - Audit / Finance / Legal / Business

Job description

Location : ZA, GP, Johannesburg, Baker Street 30

To enable the execution of Compliance Risk Management processes and activities within a specific business / functional area, ensuring that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties, or reputational damage to the organization and enable the competitive advantage of the organization.

Responsibilities

1. Analyse the operational activities within a functional area to identify compliance risks and ensure adherence to the relevant Standard Bank Group compliance frameworks and standards.
2. Complete and maintain a Business Unit specific Regulatory Universe to effectively enable the organization's adherence to the required legislative requirements.
3. Complete and contribute to compliance reports as required by various governance structures, committees, and regulations, particularly regarding the compliance performance of the business unit.
4. Connect Centre of Excellence execution into the business area delivery in a manner that enables effective adherence to the required frameworks, policies, and standards.
5. Customise and maintain generic risk management plans (RMPs) to ensure they are appropriate within the regulatory context of a specific functional area.

Qualifications

• Bachelor's Degree - Audit / Finance / Legal / Business - Min
• Post Graduate Degree - Audit / Finance / Legal / Business - Preferred

Experience Required

5 - 7 Years: The role requires an expert in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area, as well as a solid understanding of banking products and activities.

This job posting appears to be active and relevant.