Senior Specialist: Compliance

Absa Group; Randburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Join a leading banking group as a Senior Compliance Specialist within the Cloud Adoption Office team. This key role involves ensuring cloud services comply with regulatory requirements, developing compliance frameworks, conducting risk assessments, and providing training on compliance. The ideal candidate will have a solid background in compliance and cloud security in the banking sector.

Qualifications

• At least 5 years of experience in compliance, risk management, or cloud security in the banking industry.
• Professional certifications like CIPP, CISM, CRISC, or CCSP are valuable.

Responsibilities

• Develop and implement cloud compliance frameworks that meet banking industry regulations.
• Ensure compliance with regulations such as GDPR, PCI-DSS, SOX.
• Conduct risk assessments and develop risk management plans for cloud-based systems.

Skills

Cloud security

Analytical data analysis

Effective communication

Regulatory knowledge

Education

Relevant degree in Finance, Law, or Information Technology

Bachelor's Degrees and Advanced Diplomas in Business, Commerce, and Management Studies

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future, and shape our destiny as a proudly African group.

Job Summary

To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist compliance expertise.

Job Description

We are looking for a Senior Compliance Specialist for our Cloud Adoption Office team. As a Senior Cloud Compliance professional in the banking industry, you will play a crucial role in ensuring that cloud-based systems and services meet regulatory requirements and industry standards. This role requires a strong understanding of banking industry regulations, cloud security, and compliance, as well as effective communication and analytical skills.

Key responsibilities include:

1. Cloud Compliance Framework Development: Develop and implement cloud compliance frameworks that meet banking industry regulations.
2. Regulatory Compliance: Ensure compliance with regulations such as GDPR, PCI-DSS, SOX, and banking-specific regulations.
3. Risk Assessment and Management: Conduct risk assessments and develop risk management plans for cloud-based systems.
4. Cloud Service Provider Management: Evaluate and manage cloud service providers to ensure compliance with regulatory requirements.
5. Training and Awareness: Provide training and awareness programs for stakeholders on cloud compliance and regulatory requirements.

Minimum Requirements:

• Relevant degree in Finance, Law, or Information Technology.
• At least 5 years of experience in compliance, risk management, or cloud security in the banking industry.
• Professional certifications like CIPP, CISM, CRISC, or CCSP are valuable.
• Skills:
• Technical: Knowledge of cloud security, compliance, and governance frameworks.
• Analytical: Ability to analyze data and identify potential risks.
• Communication: Effective communication skills to convey complex compliance concepts to stakeholders.
• Regulatory Knowledge: Understanding of banking industry regulations and compliance requirements.

Key Knowledge Areas:

• Banking industry regulations and compliance
• Cloud security and governance
• Risk management and assessment
• Cloud service provider management
• Compliance frameworks and standards (e.g., NIST, ISO 27001)

Education

Bachelor's Degrees and Advanced Diplomas in Business, Commerce, and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achieving equitable demographic representation and diversity within the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.