Compliance Specialist

2 months ago


Johannesburg, South Africa FirstRand Full time

Job Description

Dear Future, Compliance Specialist

The role requires you to monitor processes and related controls in accordance with compliance methodology and minimum standards and provide support to experienced Regulatory Risk and Compliance professionals that require robust regulatory compliance advice and guidance

Are you someone who can:

- Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability
- Ensure implementation of relevant policies, governance and practice standards across the business
- Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements
- Ensure compliance is adopted in terms of systems and procedures as laid out by organisation and review in response to audit findigns and changes
- Develops an understanding of risks and risk management approaches
- Engage in cross-functional relationships to obtain and to provide work support
- Research, enable and consult on improvements and opportunities to harness technology and platform enablement
- Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy
- Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks
- Educates others and makes suggestions for improvements
- Networks and participates in specialist risk forums where required
- Ensure that the business is educated on the regulatory landscape by creating awareness around compliance implication of daily duties
- Advise business of changes in regulation and identify potential impact of these changes on the business
- Monitor and ensure business committees operate according to required business governance standards through regular engagement
- Provide regulatory support and expertise in the formulation and completion of compliance risk and control assessments (CRA's)
- Ensure that compliance risk is adequately identified and in so doing, guide the business in terms of addressing such risk
- Guide business to ensure that business policies contain the right content addressing legislative requirements thereby working toward an effective and adequate control environment
- Influence the enhancement of business processes and methodologies specific to the area
- Support and empower the Group to prevent compliance breaches and reputational risk from occurring, which could result in financial penalties
- Engage with stakeholders on findings of compliance risk and control assessments to ensure action plans adhere to regulatory standards
- Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared
- Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies
- Participate in specialist communities of practice and contribute positively to own and organisational knowledge improvement
- Minimum requirement: Bcom Degree or Legal Degree
- 3 or more years’ experience is similar role
- Experience in the implementation of Popia and FICA
- Strong stakeholder and relationship management experience

You will have access to:

- Opportunities to network and collaborate
- A challenging working environment
- Opportunities to innovate

We can be a match if you are:

- Adaptable and curious
- Have a proven successful track record.
- Thrive in a collaborative environment

Post

Fnb

LI-ZN2

Are you interested to take the step? We look forward to engaging with you

Job Details

27/11/24


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