(1578) Banking Services Compliance Coodinator - FSD at South African Reserve Bank

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Monitor, inspect and evaluate banking payment records to ensure compliance with applicable rules, regulations and standards governing the payments industry.
• Provide training to team members on all relevant payments industry rules and regulations to ensure up-to-date knowledge and consistent compliance.
• Act as the data steward for all the banking services data; maintain and keep up-to-date the know-your-customer (KYC) documentation for all Banking Services Division Customers.
• Represent the division in all Records Management forums within the South African Reserve Bank (SARB).
• Review master data changes, including user administration, to ensure compliance with the set standard procedures.
• Conduct compliance reviews and support audit processes, facilitating both internal and external audit activities to ensure regulatory alignment and operational integrity.
• Prepare and disseminate monthly banking reports that include key statistical insights, quality assurance metrics, operational changes and other relevant management information.
• Ensure data integrity, confidentiality and compliance with applicable policies and regulations.
• Coordinate and support the division’s resilience initiatives to uphold business continuity standards.

Qualifications

To be considered for this position, candidates must be in possession of:

• a Diploma (NQF 6) in Accounting, Auditing, Commercial Law or an equivalent qualification in a related field; and
• three to five years’ experience in a financial environment, specifically in compliance and data management.