Senior Manager: Compliance

**Job Requisistion Details**

REQ: 135731

Closing Date: 21 February 2025

Talent Acquisition: Precious Motlhako
- Cluster and Location

Retail and Business Banking

Johannesburg, Sandton

Hybrid
- 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.

**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.
- 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.
- Ensure business committees operate according to required business governance standards through regular engagement.
- Assess committees adherence to the governance requirements.
- 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).
- Mitigate risk and applicability to business.
- Ensure that compliance risk is adequately addressed.
- Test whether the business control is effective and adequate and ensure that business policies contain the right content addressing legislative requirements.
- Advise business of changes and identify potential impact of these changes on the business.
- Influence the enhancement of business processes and methodologies.
- Prevent compliance breaches and reputational risk from occurring, which could result in financial penalties.
- Ensure awareness of business compliance status.
- Promote and facilitate cross Cluster engagement, manage and improve business efficiencies.
- Engage with stakeholders on findings of compliance risk and control assessments.
- Enable management to make informed decisions and prevent compliance breeches.
- Ensure that stakeholder relationships are effectively managed.
- Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses.
- Stay abreast of developments in field of expertise, ensuring personal and professional growth.
- Understand and embrace the Nedbank vision and values, leading by example.
- Ensure upskilling and effective handover to relevant responsible person.
- Manage performance through training, development and addressing poor performance via HR channels.
- Educate self-regarding business, through engagement, meetings, procedures and policy awareness.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
- Essential Qualifications - NQF Level
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
- Preferred Qualification
- LLB
- Post Graduate Diploma in Compliance Risk Management
- Preferred Certifications
- Compliance Institute of South Africa (CISA)
- Minimum Experience Level
- 5-8 years in a senior compliance/risk/governance role within the financial services industry

**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_