Manager – Compliance and Enforcement (Pretoria) at South African Reserve Bank

Brief Description        

• The main purpose of this position is to plan, direct and manage a section within the Compliance and Enforcement Division and lead investigations of alleged contraventions of the provisions of the Exchange Control Regulations, recoup capital exported in contravention and 419 fraud schemes as well as enforce anti-money laundering legislation in respect of ADLAs.

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

• Give strategic and leadership direction to the division.
• To contribute to the compilation of Divisional operational plan and take responsibility for the implementation as well as the monitoring of own Section’s work plans.
• To provide input to stakeholders (e.g. National Treasury, SARS, SAPS) in terms of policy enhancement and formulation.
• To take responsibility for the planning of work and improvement of workflow for the Section.
• To make suggestions for refining Bank policies, processes and systems.
• To manage quality, facilitate delivery of the Section-specific outputs, clarify roles and responsibilities, optimise and manage Section resources.
• To conduct complex investigations and manage the investigation processes (including the recovery of capital lost, blocking orders, attachments etc.) as well as act as signing authority within prescribed parameters.
• To manage the process of enforcement actions taken against accountable institutions.
• To design and manage the maintenance of a management information system for consistent and accurate reporting of relevant information to Senior Management.
• To manage stakeholder engagements and relationships (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.
• To stay current with developments, ensure application thereof (e.g. changes to policies, rules and regulations, legislation, systems) and provide input to publication and surveys related to own area of expertise.
• To identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks.
• To fulfil the line management function pertaining to development and performance of the staff.

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

• A minimum of a Postgraduate qualification in Law/Commerce/Forensics (in the accounting or financial fields) OR equivalent;
• a minimum of 8-10 years of experience in the compliance, exchange control and banking environment. Experience in managing teams is a key requirement;
• at least two years’ proven experience in managing teams.

Job related knowledge:

• Industry, business and organisational knowledge and skill;
• quality assurance knowledge and skill;
• continuous improvement knowledge and skill;
• continued learning/ professional development knowledge and skill;
• people management;
• relevant policies;
• relevant software applications (Word, Excel, etc);
• Exchange Control Regulations & Rulings;
• relevant legislation; and
• relevant systems (e.g ORM, Sharepoint and FinSurv Reporting System.

Job related skills and attributes:

• Leading change;
• establishing focus;
• driving results;
• promoting team work;
• developing and growing others;
• service & stakeholder focus;
• effective communication; and
• building & maintaining relationships.