Regulatory Compliance Specialist

**Requisition Details & Talent Acquisition Consultant**
- REQ 138402 - Michelle Thabethe
- Location: Sandton
- Closing Date: 18 March 2025
- Job Family
- Risk, Audit and Compliance
- Career Stream
- Regulatory Compliance
- Leadership Pipeline
- Manage Self: Professional

**Job Purpose**
- To consult, advise and report to the Group regarding relevant domestic and international legislation; compliance and governance to ensure adherence to relevant codes; regulations and rules thereby minimising risk to and protecting the reputation of Nedbank.

**Responsibilities**:

- Advise business on best practice for regulatory compliance by ensuring the business is educated on the regulatory landscape and by creating awareness around compliance implication of daily duties.
- Understanding, positioning and articulating for legislative change.
- 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.
- Advise and support the Group to ensure regulatory compliance standards are met and risks are mitigated.
- Identify, define and agree on the regulatory universe applicable for each relevant Business Unit, mitigating risks.
- Provide regulatory support and expertise in the formulation and completion of compliance risk management plans (CRMP's).
- Advise and support business in terms of applicability of legislation and in so doing, mitigate risk.
- Ensure that compliance risk as well as all other impacted risks are 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
- Advise business of changes in legislation and identify potential impact of these changes on the business.
- 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.
- Create and strengthen awareness of the business compliance risk management in relation to evolving regulatory landscape.
- Promote and facilitate cross Cluster engagement, manage and improve business efficiencies.
- Engage with stakeholders on findings of compliance risk and control assessments to ensure action plans adhere to regulatory standards.
- Enable management to make informed decisions and prevent compliance breaches.
- 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.
- Manage performance through training, development and addressing poor performance through relevant 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**
- LLB

**Essential Certifications**
- Compliance Practitioner (SA) / CPrac (SA) / Admitted Attorney
- Type of Exposure
- Relevant regulatory and compliance experience in relation to the following areas - inter alia Banks Act, Financial Intelligence Centre Act, National Credit Act,
- Managed risk and compliance
- Interpretation of legislation
- Checking accuracy of business feedback in response to evolving regulatory landscape
- Regulatory Reporting
- Industry engagements
- Minimum Experience Level
- 5-10 years in a Compliance/ Legal/ Governance role
- Technical / Professional Knowledge
- Relevant Governance controls and regulatory knowledge
- Corporate Governance and Compliance
- Compliance reporting
- Policy and 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_