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Position

Compliance Manager

Details

Location: 

Johannesburg, ZA

Date:  10-Jun-2021
Reference: 

Requisition Number and Requisition Contact Details

REQ# 110134

Talent Aquisition Consultant - Ezekiel Dube

Closing Date

21 June 2021

Location

Sandton

Job Family

Risk, Audit and Compliance

Career Stream

Regulatory Compliance

Leadership Pipeline

Manage Self: Professional

Job Purpose

To consult on and advise the business area regarding relevant domestic and international legislation; compliance and governance to ensure abidance to relevant codes; regulations and rules thereby minimising risk to and protecting the reputation of Nedbank.

Job Responsibilities

  • Advise business on best practice for compliance by ensuring the business is educated on the compliance culture and by creating awareness around compliance implication of daily duties.
  • Ensure compliance standards are met and risks are mitigated. Identify, define and agree on the regulatory universe applicable for each relevant Business Unit, mitigating risks.
  • Conduct compliance risk and control assessments (CRA's).
  • Test whether the business control is effective and adequate and ensure that business policies contain the right content addressing legislative requirements.
  • Engage with stakeholders on findings of compliance risk and control assessments.
  • Ensure that compliance risk is adequately addressed.
  • Mitigate risk and applicability to business.
  • Advise business of changes and identify potential impact of these changes on the business.
  • Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
  • Stay abreast of developments in field of expertise, ensuring personal and professional growth.
  • Understand and embrace the Nedbank vision and values, leading by example.
  • Influence the enhancement of business processes and methodologies.
  • Enable management to make informed decisions and prevent compliance breeches.
  • Prevent compliance breaches and reputational risk from occurring, which could result in financial penalties.
  • Address compliance risk.
  • Ensure that stakeholder relationships are effectively managed.
  • Promote and facilitate cross Cluster engagement, manage and improve business efficiencies.
  • Ensure awareness of business compliance status.
  • Ensure upskilling and effective handover to relevant responsible person.
  • Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses.
  • Manage performance through training, development and addressing poor performance via HR channels.
  • Educate self regarding business, through engagement, meetings, procedures and policy awareness.
  • Support the central function by assisting in developing of policies, procedures, frameworks and tools with specific focus on relevant risk legislation, for the benefit of the larger organisation.
  • Define governance frameworks and ensure good governance practice.
  • Assess committees adherence to the governance requirements.
  • Ensure business committees operate according to required business governance standards through regular engagement.

Minimum Experience Level

5-8 years in a senior compliance/risk/governance role

Preferred Qualification

Advanced Diplomas/National 1st Degrees

Bachelor of Commerce: Risk Management

Essential Certifications

  • Compliance Institute of South Africa preferred

Type of Exposure

  • Conducting root cause analysis
  • Analysing and interpreting quantitative and qualitative data
  • Developing ways to minimize risks
  • Drafting reports
  • Influencing stakeholders to obtain buy-in for concepts and ideas
  • Sharing information in different ways to increase clients understanding
  • Analysing and Comparing two or more sets of information
  • Interpretation of legislation
  • Analysing/impact
  • Managing multiple projects

Technical / Professional Knowledge

  • Banking procedures
  • Business Acumen
  • Industry trends
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Risk management process and frameworks
  • Business writing skills
  • Cluster Specific Operational Knowledge
  • Banking knowledge

Behavioural Competencies

  • Adaptability
  • Communication
  • Building partnerships
  • Managing Work
  • Quality Orientation
  • Technical/Professional Knowledge and Skills

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Please contact the Nedbank Recruiting Team at +27 860 555 566

 

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