Head of Compliance and Risk Management

Placements24; Rustenburg; Hybrid; ZAR 2,000,000 - 3,000,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Pension fund

Performance bonus

Relocation assistance

Laptop provided

Hybrid work model

Networking events

Job summary

Placements24 is recruiting for a Head of Compliance and Risk Management for a leading financial services institution in Rustenburg, North West. This senior role establishes and leads the organization’s comprehensive compliance and risk framework, guiding ethical governance and regulatory adherence.

The ideal candidate will design programs, oversee regulatory reporting, lead a team, manage budgets, and mentor staff in a hybrid work setting.

Qualifications

• Master's degree in a related field and 10+ years of experience in compliance or risk management.
• CAMS or CRISC certifications are desirable.
• Strong leadership and communication skills with a track record in senior-level governance.

Responsibilities

• Develop, implement, and oversee a comprehensive compliance and risk management program.
• Oversee regulatory reporting and ensure timely submissions.
• Conduct regular risk assessments and identify vulnerabilities in compliance controls.
• Lead and mentor the compliance and risk management team.

Skills

Leadership

Risk management

Regulatory knowledge

Strategic thinking

Communication

Stakeholder management

Education

Master's degree in Law, Finance, Business Administration, or related field

CAMS certification (desirable)

CRISC certification (desirable)

Job description

About the Role

Our client, a prominent financial services institution, is seeking a highly accomplished and principled Head of Compliance and Risk Management to establish and lead its comprehensive compliance and risk framework in Rustenburg, North West. This senior leadership role is responsible for ensuring the organization operates ethically and in full accordance with all relevant laws, regulations, and industry standards. The successful candidate will be tasked with developing, implementing, and overseeing robust risk management strategies, compliance programs, and internal controls to safeguard the company's assets and reputation. This is a strategic position requiring a meticulous approach to regulatory adherence and proactive risk mitigation. You will play a crucial role in fostering a culture of compliance throughout the organization. The role is designed for a leader who can navigate complex regulatory landscapes and provide strategic guidance to senior management. This position offers a hybrid work model, allowing for a blend of essential in-office collaboration and remote work flexibility.

Key Responsibilities

• Develop, implement, and maintain a comprehensive compliance and risk management program.
• Oversee all regulatory reporting and ensure timely and accurate submissions.
• Conduct regular risk assessments and identify potential areas of compliance vulnerability.
• Develop and deliver compliance training programs for all employees.
• Investigate potential compliance breaches and implement corrective actions.
• Stay abreast of all relevant legislative and regulatory changes impacting the financial services industry.
• Advise senior management on compliance and risk-related matters.
• Develop and manage the compliance and risk department budget.
• Ensure adherence to internal policies and procedures across all business units.
• Lead and mentor the compliance and risk management team.

Requirements

• Master's degree in Law, Finance, Business Administration, or a related field.
• Relevant professional certifications (e.g., CAMS, CRISC) are highly desirable.
• Minimum of 10 years of experience in compliance, risk management, or a related field, preferably within the financial services sector.
• In-depth knowledge of South African financial regulations and compliance frameworks.
• Proven experience in developing and implementing effective compliance and risk programs.
• Strong leadership and team management skills.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Exceptional communication, negotiation, and interpersonal skills.
• Demonstrated ability to manage complex projects and deadlines.
• High level of integrity and ethical conduct.
• Experience in a hybrid work environment, demonstrating strong organizational and time management skills.

Benefits

• A highly competitive annual salary of ZAR.
• Executive benefits package, including comprehensive medical aid and pension fund.
• Performance-based bonuses.
• Opportunities for continuous professional development and executive training.
• Supportive and collaborative leadership team.
• Hybrid work arrangement offering flexibility.
• Relocation assistance for suitable candidates.
• Company-provided laptop and mobile phone.
• Access to industry conferences and networking events.
• A key role in shaping the ethical governance of a respected financial institution.