Regulatory Enablement Specialist - Johannesburg, South Africa - Nedbank

Nedbank
Nedbank
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description

Closing Date

  • 10 July 2023
    Job PurposeResponsibilities**:
  • Provide expert advice, guidance and oversight on all client records in line with requirements to ensure regulatory compliance with respect to FATCA / CRS, beneficial ownership and EXCON
  • Manage the input provided into new and existing business products and processes in relation to regulatory requirements to improve effectiveness.
  • Stay uptodate with legislative changes to keep in line with best practice, regulatory compliance and industry standards.
  • Review the reporting and articulation of compliance and regulatory risks by stakeholders through formal and/or informal reviews, and provide input to prevent ambiguity, and ensure accurate reporting to enable management to adequately resource the compliance function to address compliance risks.
  • Establish relationships with stakeholders by providing guidance, oversight and/or training to ensure compliance and regulatory risks are managed.
  • Upskill and train relevant stakeholders with regulatory changes to achieve alignment and legislative compliance.
  • Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection of such contraventions to ensure requirements set by regulatory bodies, are met.
  • Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks as well as ensure an open line of communication to assist stakeholders to address compliance risks.
  • Identify opportunities to influence the improvement or enhancement of business processes and methodologies by researching and recommending improvement initiatives and effective ways to operate and add value to Nedbank.


  • Essential Qualifications

  • NQF Level
  • Advanced Diplomas/National 1st Degrees


  • Preferred Qualification

  • Bachelor of Commerce: Law
  • Preferred Certifications
  • Compliance Institute of South Africa (CISA) preferred, not essential
  • Minimum Experience Level 36 years experience in analysing and monitoring risk indicators in Anti-Money Laundering (AML), Counter Terrorist Financing, Sanctions Compliance in a banking environment. Advanced knowledge in FATCA / CRS legislation, Beneficial ownership and EXCON.
  • Understand and Operationalise Legislation and Methodologies to ensure compliance to requirements.

Technical / Professional Knowledge

  • Business Acumen
  • Change management
  • Client service management
  • Communication Strategies
  • Data analysis
  • Diversity management
  • Governance, Risk and Controls
  • Nedbank policies and procedures
  • Operational risk management
  • Relevant regulatory knowledge


  • Behavioural Competencies

  • Applied Learning
  • Communication
  • Decision Making
  • Planning and Organizing
  • Adaptability
  • Driving for results

Employment Equity Statement:


_Preference will be given to individuals from underrepresented groups._
- **_Please contact the Nedbank Recruiting Team at _
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