Compliance Manager

2 weeks ago


Johannesburg, South Africa Nedbank Full time

Career Stream- Regulatory Compliance- Leadership Pipeline- Manage Self: Professional

**Job Purpose**
- To consult on and advise the transactional banking business area regarding relevant domestic and international legislation; including payments related legislation, compliance and governance to ensure abidance to relevant codes; regulations and rules thereby minimizing risk to and protecting the reputation of Nedbank.

**Responsibilities**:

- Monitor compliance risks and determine the state of compliance in client facing business areas.
- Ensure compliance requirements are adhered to and adequate compliance risk management practices.
- Execute the annual compliance risk-based program.
- Provide input, review and ensure accurate reporting and articulation of compliance.
- 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.
- Test whether the business control is adequate and effective and ensure that business procedure and processes adequately address legislative requirements.
- Advise business of new regulatory changes and identify potential impact of these changes on the business.
- Prevent compliance breaches and reputational risk from occurring, which could result in financial penalties.
- Ensure awareness of business compliance status.
- Enable compliance in payment services by ensuring compliance to electronic payment regulation.
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Bachelor of Commerce: Risk Management, Advanced Diplomas/National 1st Degrees
- Essential Certifications- Compliance Institute of South Africa preferred
- Minimum Experience Level- 5-8 years in a senior compliance/risk/governance role

**Technical / Professional Knowledge**
- Relevant Governance controls and regulatory knowledge
- Corporate Governance & Compliance
- Compliance reporting
- Archiving Documentation
- Policy & Procedural Knowledge
- Behavioural Competencies- 360° Decision Making
- Influencing
- Building Trusting Relationships
- Managing Work
- Quality Orientation
- Stress Tolerance
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_


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