Compliance Officer

Job Classification

Job Requisition - 136602
Closing Date - 01 November 2024
Location - Johannesburg
Cluster - Nedbank Insurance 
Please Note: Preference will be given to applicants from Underrepresented Groups

Job Family

Career Stream

Leadership Pipeline

FAIS Affected

Job Purpose

To monitor and provide assurance on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.

Job Responsibilities

• Monitor compliance risks and determine the state of compliance in client facing Clusters
• Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented
• Execute the annual compliance risk-based program
• Provide input, review and ensure accurate reporting and articulation of compliance
• Provide guidance in the completion of subsidiary compliance risk monitoring programs
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection
• Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks
• Engage with stakeholders formally through determining scope of work, understanding and identifying client needs
• Develop collaborative relationship with the Compliance Institute of South Africa (CISA)
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.

Job Responsibilities Continue

People Specification

Essential Qualifications - NQF Level

Preferred Qualification

Essential Certifications

Preferred Certifications

Compliance Institute of South Africa (CISA) - preferred, not essential
FSCA Phase 1 Compliance Officer approval - preferred, not essential

Minimum Experience Level

8 -10 years experience in risk management of which 5 years in a compliance related role or 4 - 5 years as a Compliance Officer.

Technical / Professional Knowledge

Behavioural Competencies