Compliance Practice Lead

FirstRand Bank Limited; Johannesburg; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leading financial institution is seeking a Compliance Specialist to oversee compliance initiatives and ensure adherence to legislative frameworks within the organization. The ideal candidate will have a strong background in risk management and compliance, with relevant educational qualifications and several years of experience in a financial setting. Join a dynamic team and utilize data analytics to drive improvements while ensuring regulatory obligations are met. Applications are encouraged from those who embrace curiosity and strive for continuous mastery.

Benefits

Opportunities for networking and collaboration

Access to subject matter experts

Innovative data analytics opportunities

Qualifications

• 3-5 years experience in Risk Management, Compliance, or Regulatory environment.
• 3+ years experience in a financial institution.

Responsibilities

• Advise and support stakeholders on financial crime legislation compliance.
• Interpret emerging legislation for impact analysis.
• Drive implementation and monitoring of the Anti-Bribery and Corruption programme.

Skills

Risk Management

Compliance

Data Analytics

Financial Crime Legislation

Education

BCom, LLB, or Bachelor's degree in business-related area

Postgraduate Diploma in Compliance, Risk Management

Job description

To spearhead and supervise various specialist compliance initiatives, practices, programmes, and projects within the organization or segment, ensure efficiency and smooth workflow. As a practice leader, identify project needs, participate in setting goals and objectives for the practice discipline, and enable implementation by providing practice knowledge, expertise, guidance, and advice to stakeholders.

Welcome to FNB, the home of the #changeables. We design for shapeshifters and deliver products and services that make us incredibly proud of the people who make it happen.

As part of our talent team, 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 can:

• Advise on and provide guidance and support to stakeholders regarding the execution of financial crime legislation, frameworks, policies, processes, and tools.
• Provide guidance and advisory services, and consult with business stakeholders to recommend controls and processes to ensure legislative compliance and informed decision-making.
• Ensure compliance with governance, legislative, and policy requirements from different jurisdictions.
• Participate in activities that support your own and employee development.
• Interpret emerging legislation and changes in relevant regulations for impact analysis; ensure internal monitoring plans, working papers, and practices are aligned accordingly.
• Report on Financial Crime (including ABC) profiles and associated regulatory risks to governance committees and stakeholders in a meaningful, timely, and concise manner.
• Continuously improve operational processes to add value.
• Facilitate risk assessments and evaluate the effectiveness of controls.
• Drive the implementation and monitoring of the Anti-Bribery and Corruption programme.
• Utilize data analytics during financial crime reviews and validations to create efficiencies and ongoing monitoring opportunities.

You will be an ideal candidate if you:

• Hold a BCom, LLB, or a bachelor’s degree in a business-related discipline, Information/Data Management, Legal, Compliance, or Auditing.
• Possess a Postgraduate Diploma in Compliance, Risk Management, or a related field (advantageous).
• Have 3 to 5 years of experience in Risk Management, Compliance, Regulatory, Monitoring/Audit, or similar environments.
• Have at least 3 years of experience in a financial institution.

You will have access to:

• Opportunities to network and collaborate with stakeholders at all levels.
• Engagement with subject matter experts to enhance your skills.
• Opportunities to innovate and utilize data analytics.

We can be a match if you are:

• Curious & courageous — driven by a desire to learn and brave enough to explore new challenges.
• Obsessed with mastery — committed to becoming proficient and continuously improving your skills.

If you're interested in taking the next step, we look forward to engaging with you further. Apply now!

Note: Applications will not be accepted after 14/11/2024. Please submit your application before the deadline. All appointments will adhere to FirstRand Group’s Employment Equity plan. We support the recruitment and advancement of individuals with disabilities. Candidates may disclose disability information voluntarily; this will be kept confidential unless required by law.