Senior Compliance Manager: Cib Control Room

**Job Purpose**

To assist the Head: Compliance Control Room, reporting into the Executive Head: CIB Compliance and Governance with the coordination; facilitation and management of the Compliance function for the Division through monitoring; reporting and developing networks; providing advice to minimise regulatory; reputational and compliance risk and endeavour to avert potential litigations/ penalties and ultimately increase shareholder value for the bank.

**Responsibilities**:

- Assist the Head of Compliance Control Room and Cluster / business unit's compliance function to set and manage annual budget and project related budget, where applicable.
- Manage compliance control room team, function and daily service level agreements with business stakeholders.
- Provide guidance to relevant clusters with regard to compliance control room and monitoring risks by providing support or offering expert advice.
- Review and compile reports and provide input for all stakeholder engagements.
- Compile reports for the various governance forums and Exco.
- Present findings and engage business on mitigation of compliance risks.
- Assist with providing direction and support to the compliance officers through alignment to the standards, processes and procedure and where possible identify and recommend opportunities for enhancements.
- Maintain effective internal and external stakeholder relationships and mutually beneficial partnerships.
- Effectively and efficiently manage the team across the HR value chain including recruitment, performance management, retention of critical staff and succession planning.
- Motivate staff to perform and contribute to the success of the business by creating an environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision-making processes.
- Keep abreast of developments in field of expertise, including legislation and other industry changes that impact on role by reading relevant newsletters and websites and attending sessions to remain current.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and Corporate Social Initiatives (CSI).
- Participate in developing, implementing, and addressing issues raised in culture surveys to improve results.
- Ensure transformational targets are met.
- Manage audit engagements and stakeholder relationships (Risk - ops, legal, credit etc). Close out audit findings/IBAMs.
- Ensure compliance control room Manuals are updated and staff are sufficiently upskilled.
- Perform core Control Room advisory and monitoring functions. This requires interacting with Investment Banking (IB), Client Coverage (CC), Property Finance (PF), Transactional Services (TS), Markets and Research (MKTS) and other support areas.
- Assist in the continued enhancement/digitisation of the Control Room and the build out of an expanded Control Room including policy and innovation.
- Chaperone and vet communications between Private and Public side.
- Maintain information barriers and manage flow of material non-public information.
- Facilitate the Watch List and Restrict List. Advise and facilitate Barrier Crossings.
- Liaise with London Branch and Research affiliates to ensure global consistency.
- Day-to-day review and clearance of research publications in compliance with research rules and to identify potential conflicts of interest.
- Performs Conflicts of Interest (COI) assessments across pipeline/opportunities, opportunity related parties (ORPs) and Opportunity Team Members (OTMs).
- Review and assess Outside and Ancillary Business Interests declared by staff for conflicts of interests at a opportunity and individual level.
- Review and assess Gifts and Entertainment declared by staff for conflicts of interests at an opportunity and individual level.
- Mentor and coach staff on identified performance gaps.
- Policy review.

**Essential Qualifications**
- Advanced Diplomas/National 1st Degrees

**Preferred Certifications**
- Compliance Institute of South Africa (CISA) - preferred, not essential

**Minimum Experience Level**
- 8+ years appropriate and relevant experience; 3-5 years Compliance experience

Technical / Professional Knowledge
- Relevant regulatory, compliance and risk legislation
- Compliance reporting
- Governance and Compliance in Banking
- Legislation Knowledge (e.g. BEE, POPI, etc.)
- Auditing
- Corporate Governance & Compliance

**Behavioural Competencies**
- Adaptability
- Building Partnerships
- Building Networks
- Delegation and Empowerment
- Execution
- Influencing

**Employment Equity Statement**

Preference to be given to underrepresented groups
- **_Please contact the Nedbank Recruiting Team at
+27 860 555 566
_