Compliance Risk Consultant

7 days ago


Johannesburg, Gauteng, South Africa Standard Bank of South Africa Limited Full time

**About Us**

Standard Bank of South Africa Limited is a leading financial institution dedicated to delivering exceptional service to our clients. We are committed to upholding the highest standards of compliance and integrity in all our operations.

Job Overview
  • This role is critical to driving compliance across our operations.
Key Responsibilities
  • Analyse operational activities to identify compliance risks and ensure adherence to Standard Bank Group compliance frameworks and standards.
  • Maintain a Business Unit specific Regulatory Universe to guarantee organisational compliance with legislative requirements.
  • Contribute to compliance reports as required by governance structures, committees, and regulations, focusing on business unit compliance performance.
  • Develop risk-based monitoring plans and execute routine and deep dive monitoring activities.
Requirements
  • Hold a relevant degree in law, audit, or commerce with a minimum of 3 years of experience.
  • Postgraduate qualification in audit or insurance is preferred.
Experience Requirements

Specialised knowledge in insurance regulations (3-5 years).

Expert experience in Compliance with a sound knowledge of regulatory requirements and banking products (5-7 years).

  • Audit: Ability to analyse process controls from design and implementation perspectives.
  • Business Process Modelling: Ability to create mechanisms for correct process implementation and thoughtful process changes.
  • Financial: Knowledge of costing, budgeting, and finance concepts.
  • Governance, Risk, Compliance: General awareness of risk management practices in a financial services organisation.
  • Legal: Insight into laws and regulations regulating the financial services industry.


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