Compliance Manager - Johannesburg, South Africa - FirstRand
Description
Job Description
To ensure there is implementation of the Group's compliance frameworks and programmes in consultation with business ensure conformance and adherence with regulations and delivers through a team of Compliance resources/specialists.
Perform regular audits, design control systems and help to design and implement company policies.
- Deliver against operational and cost targets
- Prioritise resource allocation to minimise and reduce wastage
- Monitor costs for the financial year according to the operational plan
- Allocats and approvs expenditure
- Review cost reports and resolves or explains variances to the budget
- Identify, control and escalate potential risks that may lead to increased costs
- Manage costs or expenses within approved budget to achieve cost efficiencies
- Provide input into the budgeting process and monitor utilisation for the financial year according to the operational plan
- Produce or review budget reports to make sure they accurately reflect work activity
- Ensure financial documentation is maintained to support accurate record keeping and future legislative requirements
- Escalate potential budget risks that may lead to increased costs or financial losses
- Present work proposals on planned activities that will require financial resources
- Allocate and approves expenditure
- Collate, analyse and evaluate data and information to forecast expenditure and cash flow trends and make recommendations to improve budget
- Deliver customer experience excellence aligned to
- Organisational values and service standards
- Build professional longterm relationships with customers based on trust that builds the brand
- Collect and interrogate information and feedback to ensure full understanding of customer needs to deliver a quality service
- Provide customers with relevant information to keep them informed of products and service options identification of improvement opportunities
- Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability
- Ensure the development, alignment, mapping and implementation of endtoend processes aligned to the customer journey map
- Research, enable and consult on improvements and opportunities to harness technology and platform enablement
- Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy
- Monitor customer feedback reports and align processes to maximise efficiencies
- Analyse and interpret regulation and legislation and using a riskbased approach. Identification and risk rating of applicable laws and regulations for responsible business units
- Development and implementation of compliance/legislative universe for responsible business units
- Development and implementation of Compliance Risk
- Management Plans (CRMPs) for core legislative and regulatory provisions
- Compiling monitoring plans indicating the compliance monitoring methodology used and the frequency thereof
- Compiling monitoring reports on the results of monitoring
- Incident reporting, to ensure timeous escalation of compliance risks and incidents Interpret regulation and
- implementation thereof
- Advise and provide guidance to management on systems, policies, processes and controls implemented to enable compliance
- Research and communicate applicable legislative developments to all stakeholders Assist with the promotion of a culture of compliance and awareness and actively participating in compliance projects and
- Provide training on regulatory requirements to channels
- Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability
- Ensure implementation of relevant policies, governance and practice standards across the business
- Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements
- Ensure compliance is adopted in terms of systems and procedures as laid out by organisation and review in response to audit findigns and changes
- Develops an understanding of risks and risk management approaches
- Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks
- Educates others and makes suggestions for improvements
- Networks and participates in specialist risk forums where required
- Provide input into the development of the business area tactical strategy in achievement of the overall business trategy
- Develop and implement an area operational plan in achievement of Business objectives
- Responsible for implementing and enforcing the organisation's or business units' compliance program
- Main
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