Compliance Manager

**Overall job purpose**

To maintain the Compliance function in the company through the execution of defined monitoring, investigating and reporting to ensure the Company, Company Members and the internal committees comply with legislation, regulations and supervisory requirements and to provide advice, consultation and facilitation on all compliance and membership requirements relating to the National Payment System.
- To facilitate and manage the drafting of various agreements and clearing rules until finalisation.

**Responsibilities**:

- Maintain a compliance framework for the Company. Continual input into the enhancement of the framework, policies & procedures.
- Procure and drive independent assurance assessment of the Company’s compliance management framework at regular intervals.
- Maintain and oversee the Company’s Regulatory Universe and Annual Compliance Management Plan.
- Compile and maintain a consolidated compliance and membership register on a regular basis
- Management reporting on compliance and membership matters.
- Consolidate all information pertaining to all compliance and membership related functions, processes, and activities.
- Transfer the knowledge in respect of an effective and sustainable process of compliance identification, quantification, and monitoring to management.
- Work with functional areas to ensure monitoring and reporting to ensure compliance with the organisation’s standards and reporting of the most non-compliance issues and risks.
- Draft entry and participation with the support of industry participants.
- Manage compliance enforcement process.
- Fulfil the role of Deputy Information Officer of the Company.
- Protect and create value for the organisation and all stakeholders by identifying and proactively addressing compliance risks and opportunities
- Ensure effective mitigation of identified compliance risks across the Company to prevent/reduce loss, and support achievement of performance and profitability targets.
- Compliance monitoring and reporting.
- Ensure that all relevant stakeholders are informed of, and educated on compliance requirements, legislation, and issues.
- Provide professional advice and guidance to Members, Council and executives to facilitate decision making.
- Proactive forward looking internal compliance management.
- Adoption of leading compliance management practice and providing guidance to management for implementation.
- Manage stakeholder relations and ensure that their needs are met in line with business and legislative requirements.
- Ensure that compliance platforms and tools meet business and Member requirements.
- Ensure sound working relationships with stakeholders through quality service and information
- Maintain and compliance identification, assessment and measurement processes.
- Manage and maintain appropriate compliance monitoring and validation.
- Ensure compliance management coverage across all compliance types.
- Ensure effective compliance governance through the maintenance of appropriate governance structures and processes.
- Ensure the establishment of required compliance management capacity through the ongoing building and development of appropriate skills.
- Ensure the establishment of a compliance talent pool and maintain and leverage scarce skills across the Company as required.
- Keep abreast of industry trends, practices and regulatory change.

**Key attributes**

**Education and experience**
- 5 - 7 years of relevant business experience in a corporate environment (Financial Services and/or Banking experience).
- Exposure in the National Payment System.
- A Bachelors’ degree or qualification in Law or Compliance.
- Postgraduate qualification in law, compliance or risk management is preferred.

**Knowledge**:

- Knowledge of compliance frameworks, processes and methodologies.
- Knowledge of Corporate Governance & Compliance Legislation (that control the National Payment System).
- Knowledge of Banking and National Payment Systems is essential.
- Ability to develop and execute compliance strategy in a financial environment.
- Ability to develop and maintain strong relationships with relevant internal and external stakeholders (Working in teams).
- Exceptional oral, written and interpersonal skills.
- Sound business judgment and an ability to solve problems.
- Numeracy: The ability to solve routine mathematical problems in the business environment
- Relationship Building: The ability to forms mutually beneficial strategic relationships to achieve long term organisational outcomes.
- Knowledge of Banking legislation and regulation advantageous.
- Knowledge of Protection of Personal Information Act (POPIA) and Promotion of Access to Information Act (PAIA) advantageous.

**Skills**
- Strong attention to detail.
- Strong stakeholder management and communication
- Analytical thinking and problem solving.
- Detail-oriented and committed to a high level of accuracy.
- Personal organisation and time management