Manager: Compliance

Capitec; Stellenbosch; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading bank in South Africa is seeking a Compliance Officer to manage compliance within Personal Banking. The candidate should have over 5 years of experience in a compliance role, strong knowledge of relevant laws, and previous team management experience. This role focuses on ensuring adherence to regulatory requirements and enhancing the compliance culture within the bank.

Benefits

Employee benefits

Growth opportunities

Qualifications

• 5+ years’ experience in a compliance role.
• Experience with relevant laws and regulations.
• Ability to interpret legislation in personal banking.

Responsibilities

• Develop strategies for compliance risk management.
• Manage compliance within Personal Banking.
• Interpret and advise on laws and regulations.

Skills

Compliance risk management

Understanding legislation

Monitoring principles

Team management

Job description

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look to find talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to building a brand that we are proud of and earn the trust of our clients.

Who We Are

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through a personal experience. By helping our clients manage their financial lives better, we enable them to live better.

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow.

What You Will Be Doing

• Develop strategies and operational processes for Personal Banking for the execution and embedment of compliance risk management processes as required by relevant regulatory requirements, applicable codes of conduct and minimum standards.
• You will be responsible for and manage compliance within Personal Bank; to facilitate adherence to legislative requirements as prescribed by Regulation 49 of the Banks Act.
• To enhance the compliance culture by developing and maintaining a thorough understanding of the relevant regulatory requirements and the global regulatory environment and best practice principles applicable to the bank.
• Provide guidance on new products, initiatives and business processes to ensure compliance alignment.
• Interpret and advise business units on applicable laws, regulations and internal policies.
• Identify, assess and monitor compliance and conduct risks across business areas.

What You Will Bring

• 5+ years’ experience in a compliance role.
• Experience in respect of the practical application of relevant laws and regulations is essential.
• Understanding legal issues and the ability to interpret legislation in respect of the Retail/personal banking environment.
• Exposure to monitoring principles and practices.
• Experience in implementing compliance risk management frameworks.
• Strong business knowledge.
• Previous experience in managing a team (minimum 3 years).

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.