Compliance Manager

Job Purpose

To consult on and advise the Transactional Services Division regarding relevant domestic and international legislation; including payments related legislation, compliance and governance to ensure abidance to relevant codes; regulations and rules thereby minimising risk to and protecting the reputation of Nedbank.

Job Responsibilities

• Monitor compliance risks and determine the state of compliance in client facing business areas.
• Ensure compliance requirements are adhered to, and adequate compliance risk management practices are in place.
• Execute the annual compliance risk-based program, i.e. Identify, Assess, Monitor & Report.
• Provide input, review and ensure accurate reporting and articulation of compliance risks.
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection.
• Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
• Engage with stakeholders formally through determining scope of work, understanding and identifying client needs
• Test whether the business control is adequate and effective and adequate and ensure that business procedure and processes policies contain the right content adequately addressing legislative requirements.
• Advise business of new regulatory changes and identify potential impact of these changes on the business.
• Prevent compliance breaches and reputational risk from occurring, which could result in financial penalties.
• Conduct training for staff on compliance obligations, and ensure awareness of business compliance status.
• Enable compliance in payment services by ensuring compliance to electronic payment regulation.
  
  

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees
  
  

Preferred Qualification

• Bachelor of Laws (LLB); Bachelor of Commerce in Law
• Bachelor of Commerce: Risk Management
  
  

Essential Certifications

• Compliance Institute of South Africa preferred
  
  

Minimum Experience Level

5-8 years in a senior compliance/risk/governance role

Technical / Professional Knowledge

• Relevant Governance controls and regulatory knowledge
• Corporate Governance & Compliance
• Compliance reporting
• Archiving Documentation
• Policy & Procedural Knowledge
  
  

Behavioural Competencies

• 360° Decision Making
• Influencing
• Building Trusting Relationships
• Managing Work
• Quality Orientation
• Stress Tolerance
  
  

Please contact the Nedbank Recruiting Team at +27 860 555 566