Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To execute Compliance Risk Management processes and activities within a specific Client Segment or Functional area, to ensure that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation and enable the competitive advantage of the organisation.

QualificationsBachelor of Laws, Commerce Degree or relatedA Post-Gradruate Degree in Compliance or Risk Management will be an added advantage

Additional Information

Experience:

5-7 years: The role requires a Compliance professional with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific Client Segment / business area / Functional area as well as a solid understanding of banking products and activities.

Key Responsibilities:

Keep abreast of and analyse regulatory and legislative developments, applicable across the Client Segment, Functional Area or Country in order to deliver expert advice to relevant stakeholders.Report all material compliance issues, using the established escalation and reporting mechanisms and processes to ensure these issues are resolved swiftly and therefore minimising the impact of any financial or reputational damages.Draft compliance reports as required by various governance structures, committees and regulations, particularly regarding the compliance performance of the Client Segment, Function or country.Proactively identify and address gaps in controls, processes and procedures and monitor remediation plans to address any short-comings.Identify opportunities to influence a continual reduction in costs within the area under control to ensure that service delivered remains cost-effective and efficient.

Behavioural Competencies:

Documenting FactsInterpreting Data Exploring Possibilities Providing InsightsUpholding Standards

Technical Competencies:

Evaluation of Internal ControlsFinancial Industry Regulatory FrameworkLegal ComplianceProcess GovernanceRisk Awareness