Compliance Manager (Exchange Control)new

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.

Qualifications

• Bachelor of Law or Commerce Degree
• A post-graduate qualification in compliance or risk management will be advantageous

Experience: 

3-5 years 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.

Behavioural Competencies:

• Articulating Information
• Checking Things
• Documenting Facts
• Interpreting Data
• Providing Insights
• Upholding Standards

Technical Competencies:

• Evaluation of Internal Controls
• Financial Industry Regulatory Framework
• Legal Compliance
• Process Governance
• Risk Awareness

Additional Information

Key Impact Areas:

• Analyse the operational activities within a dedicated Client Segment to identify compliance risks and ensure adherence to the relevant Standard Bank compliance frameworks and standards.
• Customise and maintain generic risk management plans (RMPs) for a dedicated Client Segment to ensure it is appropriate within the regulatory context.
• Fulfil the required regulatory role (where dedicated Compliance officers are required as per requirements) as prescribed by the relevant governing body. 
• Proactively identify and address gaps in controls, processes and procedures and monitor remediation plans to address any short-comings.
• Provide guidance and advice to stakeholders regarding the regulatory universe, relevant compliance frameworks underpinning their operations and any other regulatory developments, to ensure that the area can comfortably manage compliance risks and conduct business in a compliant manner.