Compliance Manager

**Job Requisition Details**

REQ: 139208

Closing Date: 16 May 2024

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 provide oversight and perform an advisory function on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.

**Responsibilities**:

- Ensure compliance risks are managed by developing an annual risk
- based compliance monitoring programme across client facing clusters.
- Monitor compliance risks and determine the state of compliance in client facing clusters through utilising relevant methodology (e.g. state of compliance review or efficiency and effectiveness testing).
- Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented by tracking key compliance risks in client facing clusters and through conducting monthly reviews.
- Monitor compliance risks and ensure corrective action through analysis of compliance related information.
- Provide input, review and ensure accurate reporting and articulation of compliance risks
- Provide guidance in the completion of subsidiary compliance risk monitoring programmes
- Influence the improvement or enhancement of business processes and methodologies
- Present findings of compliance reviews to stakeholders through formal engagement.
- Execute the annual compliance risk-based programme by assessing and monitoring the adequacy and completeness of compliance plans implemented by stakeholders.
- Provide assurance to stakeholders on the state of compliance by reporting on how key risks are being managed, highlighting areas that require immediate attention and recommend corrective action to stakeholders.
- Support the achievement of business strategy
- Establish relationships with stakeholders.
- Obtain buy-in for developing new and/or enhanced processes that will add value to stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection of such contraventions.
- 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.
- Maintain relationships with stakeholders by keeping them informed of any compliance risk related matters that may compromise their business.
- Comment on mitigating actions to be implemented by stakeholders through assessment of the adequacy thereof and recommend further corrective action (e.g. documenting policies and processes, etc.).
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from management.
- Ensure relevant up skilling takes place and effective handover to relevant responsible person for actioning
- Contribute to a culture conducive for the achievement of transformation goals by participating in Nedbank Culture building initiatives
- 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

3-5 years’ experience in a compliance related role within the financial services industry

**Technical / Professional Knowledge**
- Relevant regulatory knowledge
- Risk management process and frameworks
- Cluster Specific Operational Knowledge
- Governance, Risk and Controls
- Compliance reporting
- Reputational risk management
- Stakeholder management
- Codes of Good Governance
- Behavioural Competencies
- Decision Making
- Influencing
- Building Trusting Relationships
- Managing Work
- Quality Orientation
- Stress Tolerance
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_