Senior Manager : Compliance Advisory Enterprise Corporate Functions (Ecf)

Absa Bank; Johannesburg; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading bank in South Africa is seeking a Compliance Officer with 7-10 years of experience to develop compliance procedures, manage audits, and ensure adherence to regulatory standards. Strong understanding of banking legislation and the ability to create effective compliance frameworks are essential for this role.

Qualifications

• 7-10 years of experience in compliance or risk-related discipline.
• Experience within banking compliance.
• Understanding of legislative landscape for banking.

Responsibilities

• Develop compliance procedures and policies for the Bank.
• Produce compliance guidelines and assist in training initiatives.
• Manage compliance-related audits and regulatory reviews.

Skills

Compliance development

Report writing

Regulatory knowledge

Audit management

Risk management

Job description

Responsibilities

• Provides input into the development of compliance procedures and policies for the Bank insofar as it relates to the specified portfolio.
• Produces compliance guidelines and provides input into training initiatives to support the specified portfolio.
• Excellent report writing and consolidation skills in respect of key internal to Bank committees and key Board committees.
• Assists in the development of key compliance policies and standard operating procedures that align to the operational aspects of the specified portfolio.
• Ensures that these policies and procedures are approved by the relevant Board committees where applicable.
• Ensures compliance with industry regulatory standards.
• Implements core compliance principles, frameworks, processes, systems and platforms.
• Implements the compliance risk management framework, reviews the regulatory universe to identify key legislation impacting the Bank and facilitates the implementation of the compliance risk management plans and control gap analysis.
• Has the ability to advise on the establishment of effective compliance frameworks, structures and core processes.
• Assists with Regulator and audit reviews insofar as it relates to the specified portfolio and oversees compliance actions.
• Assists with regulatory change and commentary processes in the Bank, as it relates to the specified portfolio.
• Compiles and assists with compliance reports for management and relevant Bank committees.
• Draft, update, and enforce the required compliance policies, standards, and guidelines.
• Ensure alignment with corporate governance requirements (e.g. King V principles).

Qualifications

• Minimum 7–10 years of relevant experience in compliance, or a risk related discipline.
• Demonstrated experience within banking compliance.
• Strong understanding of the legislative landscape for banking.
• Proven ability to manage complex compliance related audits, regulatory reviews, and cross-functional compliance initiatives.
• Detailed experience in the Legal and / or compliance environment within banking.
• Has an understanding of and an ability to implement compliance methodology.