Compliance Specialist

Job Description

Dear Future, Conduct Specialist

The role requires you to provide robust regulatory compliance advice, guidance, and support by monitoring processes and related controls in accordance with compliance methodology and minimum standards in respect of all Conduct related legislation and Group policies.

Are You Someone Who Can

• Identify process improvements to contain and reduce cost of compliance and improve efficiencies
• Build working relationships across teams and functional lines to enhance work delivery, collaboration and innovation
• Networks and participates in specialist risk forums and represent the Segment Compliance team where required
• Deliver service that exceeds customer expectations through proactive, innovative and appropriate solutioning
• Provide input into the development of the tactical strategy, and develop and implement a supporting operational strategy
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities
• Compile reports that track progress, provide risk insights and guide business to make informed decisions
• Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability (specific focus and Market Conduct and Business conduct related legislation)
• Ensure implementation of relevant policies, governance and practice standards across the business
• Maintain own knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements
• Educates others and makes suggestions for improvements in respect of the control environment in area of accountability
• Research, enable and consult on improvements and opportunities to harness technology and platform enablement
• Advise business on best practice for regulatory compliance by ensuring the business is educated on the Conduct related regulatory landscape and by creating awareness on the requirements and Regulatory expectations
• Advise on and provide support to stakeholders in relation to the execution of the practice relevant to Conduct legislation, frameworks, processes, and tools
• Provide expert input to committees on compliance related matters to ensure informed decision making
• Advise business of changes in regulation and identify potential impact of these changes on the business
• Utilise root cause analysis to understand issues identified across the business and monitor reviews performed by assurance providers, conduct trend analysis, and determine impact across portfolios
• Support the Group and Segment Conduct function by assisting in developing of policies, procedures, frameworks, and tools with specific focus on Conduct legislation and best practices.
• Advise and support business in terms of applicability of regulation and in so doing, mitigate risk
• Ensure that compliance risk is adequately identified and in so doing, guide the business in terms of addressing such risk
• Display and encourage an appreciation of teamwork and inclusivity
  
  

You Will Be An Ideal Candidate If You Have

• Minimum bachelors degree in compliance, risk management, legal or similar
• Minimum of 3 years of experience in compliance with Market Conduct related legislation (such as FAIS and Conduct Standards for Banks)
• Minimum of 1 year experience in Business Conduct (Ethics) programme management
• Experience with dealing with multi-level stakeholders across a large group
  
  

You Will Have Access To

• Opportunities to network and collaborate
• A challenging working environment
• Opportunities to innovate
  
  

We Can Be a Match If You Are

• Adaptable and curious
• Have a proven successful track record.
• Thrive in a collaborative environment
  
  

Are you interested to take the step? We look forward to engaging with you

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

#POST

#FNB

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

16/05/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.