Compliance Manager - Johannesburg at Nedbank

Job Responsibilities

• Build and maintain relationships with internal stakeholders (i.e. the division’s 1st line as well as 2nd line cluster functions such as risk, AML and legal and 3rd line being audit) by establishing effective partnerships to identify and manage compliance risks
• Develop and maintain a clear understanding of the scope and nature of the business conducted by 1st line (business acumen)
• As part of 2nd line, engage with 1st line towards clarifying roles and responsibilities in the management of compliance risk i.e. risk identification, categorization, assessment, management (completing and maintaining Compliance Risk Management Plans - CRMPs) and monitoring
• Adopt and adhere to a risk-based approach in the management of compliance risk
• Develop a solid understanding of all high-risk legislation that applies to the cluster/business
• Keep abreast of all regulatory developments/changes that may potentially impact solution/product development and engaging relevant stakeholders on a timely basis to ensure business readiness and ongoing compliance risk management
• Provide advice and guidance to 1st line on compliance risks, controls, and possible contraventions, through formal and ad hoc monitoring and early detection
• Contribute to the creation of a compliance culture and compliance awareness in the cluster by becoming a trusted advisor to 1st line (whilst maintaining independence of mind as part of 2nd line) 

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Post Graduate Degree (Honours) in Commerce, Legal

Preferred Certifications

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

Minimum Experience Level

• 3 - 5 years Compliance experience

Technical / Professional Knowledge

• Relevant regulatory knowledge
• Risk management process and frameworks
• Cluster Specific Operational Knowledge
• Governance, Risk and Controls
• Compliance reporting
• Reputational risk management
• Stakeholder management
• Codes of Good Governance