Associate: Deal Management at Nedbank

Job Purpose

To monitor and provide oversight on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.

Job Responsibilities

• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.
• Provide input, review and ensure accurate reporting and articulation of compliance.
• Provide guidance in the completion of subsidiary compliance risk monitoring programs.
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection.
• Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
• Engage with stakeholders formally through determining scope of work, understanding and identifying client needs.
• Develop collaborative relationship with the Compliance Institute of South Africa (CISA).
• Execute the annual compliance risk-based program.
• Monitor compliance risks and determine the state of compliance in client facing Clusters.
• Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented.

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

B.Com or LLB

Essential Certifications

• FAIS Qualification Regulatory Examinations 1 Qualification
• Fais, Regulatory Examinations, Coaching Accreditation

Preferred Certifications

Compliance Institute of South Africa (CISA) - preferred, not essential

Type of Exposure

• Analysing situations or data that require an in depth evaluation of multiple factors
• Drafting reports
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Comparing two or more sets of information Working with a group to identify alternative solutions to a problem
• Consolidating data from various sources and identify/interpret trends
• Identifying and interpreting regulatory risk trends
• Managing stakeholder expectations
• Monitoring adherence and compliance
• Working across all risk categories
• Presenting to senior leaders

Minimum Experience Level

2 to 3 years experience as a Compliance Officer within the Insurance environment.

• Must be a Compliance Officer registered with the FSCA
• Must have completed the Fais RE1, and RE:5 exams

Technical / Professional Knowledge

• Change management
• Cluster specific operations
• Compliance reporting
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Reputational risk management
• Risk management process and frameworks
• Stakeholder management
• Codes of Good Governance

Behavioural Competencies

• Adaptability
• Applied Learning
• Communication
• Decision Making
• Driving for results
• Work Standards