Compliance Specialist: Regulatory Risk Management at Nedbank

Job Purpose

• To identify, assess and report on domestic regulatory developments and international trends with specific emphasis on prudential matters.
• To collaborate on and advise, consider and consolidate cluster(s) and group views in respect of domestic and international legislation and articulate such views at industry associations.

Job Responsibilities

• Research on and preparation of information notes regarding local and international regulatory developments. 
• Consult on, collaborate with, and advise business on local regulatory developments and international best practice with a view to mitigate regulatory risk.
• Identify, define and agree on the group regulatory universe applicable to business units to mitigate risks.
• Advise business of regulatory changes to identify potential impact of changes on the business.
• Influence the enhancement of business processes, policies, frameworks, tools and methodologies specific to the team to benefit the business and the compliance function.
• Assist in drafting and compiling submissions into and prepare executive forum packs to enable management to make informed decisions.
• Ensure effective internal and external stakeholder relationships, including cross cluster engagement.
• Continuous self-driven learning and staying abreast of developments - regarding business, through engagement and policy awareness.
• Understand and embrace the Nedbank vision and values, leading by example.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.

Essential Qualifications - NQF Level

• Legal Degree

Preferred Certifications

• Compliance Institute of South Africa (CISA)
• Admitted Attorney 

Minimum Experience Level

• 3-5 years in a senior compliance/risk/governance/legal role
• Technical / Professional Knowledge
• Regulatory knowledge
• Corporate governance and compliance knowledge
• Compliance reporting knowledge
• Document management knowledge