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. Implement action plans to prevent, detect and / or mitigate Compliance Risk Management issues.

Provide support to track and report on the progress of the compliance monitoring plan for a dedicated Client Segment, Functional Area or country in order to identify significant compliance breaches, exposures and potential areas of improvement.Perform analysis with regards to the operational activities within a dedicated Client Segment, Functional Area or country to identify compliance risks and ensure adherence to the relevant Standard Bank Group compliance frameworks and standards.Regularly audit procedures, practices, and documents to identify possible weaknesses or risks.Provide support to create and monitor effective action plans in response to audit discoveries and compliance violations.Draft compliance reports as required by various governance structures, committees and regulations, particularly regarding the compliance performance of the Client Segment, Function or country.Engage with Client Segment, Client Solutions and Corporate Functions leaders and the embedded business risk management function about regulatory inspections and act as a conduit for any significant information requests, comments and findings.

Qualifications

Type of Qualification: First Degree from a recognised institution.
Field of Study: Audit, Business Commerce, Legal

Experience Required
Business Enablement
Compliance
5-7years 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.

Additional Information

Behavioural Competencies:

Adopting Practical ApproachesChecking DetailsDocumenting FactsInterpreting DataArticulating Information\Making DecisionsProviding InsightsUpholding Standards

Technical Competencies:

Evaluation of Internal ControlsFinancial AcumenFinancial Industry Regulatory FrameworkLegal ComplianceProcess GovernanceRisk Awareness