Officer, Business Compliance

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 enable the execution of Compliance Risk Management processes and activities within a specific business/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.

Risk, Regulatory, Prudential & Compliance

• Review compliance frameworks, standards and procedures in the context of a functional area and advise on their customisation or amendment, where necessary.
• Maintain and align the compliance manual to ensure it is appropriate for the unique regulatory requirements of a functional area.
• Review compliance training material to ensure that it is appropriate for the needs of the functional area therefore providing sufficient understanding and awareness compliance requirements within the relevant area of operations and deliver bespoke face-to-face training where required
• Keep abreast of and analyse regulatory and legislative developments, applicable across the business unit in order to deliver expert advice to relevant stakeholders.
• Complete and maintain a Business Unit specific Regulatory Universe to effectively enable the organisations adherence to the required legislative requirements.
• Proactively identify and address gaps in controls, processes and procedures as well as advise on and monitor remediation plans to address any short-comings.

Qualifications

Type of Qualification: First Degree
Field of Study: Audit
Type of Qualification: First Degree
Field of Study: Business Commerce
Type of Qualification: First Degree
Field of Study: Legal

Experience Required
Business Enablement
Compliance
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.

Additional Information

Behavioural Competencies:

• Adopting Practical Approaches
• Articulating Information
• Checking Things
• Convincing People
• Developing Expertise
• Documenting Facts
• Embracing Change
• Exploring Possibilities
• Interpreting Data
• Making Decisions
• Providing Insights
• Upholding Standards

Technical Competencies:

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