Compliance Manager - Johannesburg, South Africa - Nedbank

Nedbank
Nedbank
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter
Description

Requisition Number and Talent Aquisition Number

  • REQ
    :133711
  • Location: Sandton, Johannesburg
Closing Date: 15 May 2024- Talent Acquisition
:Saranya Govender

  • Job Family
  • Risk, Audit & Compliance
  • Career Stream
  • REGULATORY COMPLIANCE
  • Leadership Pipeline
  • Manage Self Professional
    Job Purpose


Nedbank's Retail and Business Banking (RBB) Compliance function is recruiting for a Compliance Manager that will assist the Head of Compliance and Senior Management to support the solution/product development business of RBB.

The incumbent will be responsible for the management of the teams' outputs and will also be expected to provide advice, guidance, oversight and assurance on the adherence to compliance practices within RBB's solution/product development business.


Responsibilities:


  • Build and maintain relationships with internal stakeholders (i.e. the division's 1st line as well as 2nd line cluster functions such as risk, AML and legal and 3rd line being audit) by establishing effective partnerships to identify and manage compliance risks
  • Develop and maintain a clear understanding of the scope and nature of the business conducted by 1st line (business acumen)
  • As part of 2nd line, engage with 1st line towards clarifying roles and responsibilities in the management of compliance risk i.e. risk identification, categorization, assessment, management (completing and maintaining Compliance Risk Management Plans
  • CRMPs) and monitoring
  • Adopt and adhere to a riskbased approach in the management of compliance risk
  • Develop a solid understanding of all highrisk legislation that applies to the cluster/business
  • Keep abreast of all regulatory developments/changes that may potentially impact solution/product development and engaging relevant stakeholders on a timely basis to ensure business readiness and ongoing compliance risk management
  • Provide advice and guidance to 1st line on compliance risks, controls, and possible contraventions, through formal and ad hoc monitoring and early detection
  • Contribute to the creation of a compliance culture and compliance awareness in the cluster by becoming a trusted advisor to 1st line (whilst maintaining independence of mind as part of 2nd line)


  • Essential Qualifications

  • NQF Level
  • Advanced Diplomas/National 1st Degrees


  • Preferred Qualification

  • Post Graduate Degree (Honours) in Commerce, Legal


  • Preferred Certifications

  • Compliance Institute of South Africa (CISA) preferred, not essential
  • Minimum Experience Level years Compliance experience

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 _
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