Regulatory Risk Analyst - Johannesburg at FNB South Africa

Purpose

• To ensure compliance is maintained within the bank with specific focus on regulatory compliance reporting and support the Monitoring Specialist in achieving the team purpose of providing assurance that segments comply with regulatory requirements.

Experience and Qualifications

• BComm Degree or Diploma.
• Compliance Institute of SA Compliance Practitioner qualification.
• 1 to 3 years risk experience.
• An understanding of the banking industry.
• 1 to 3 years compliance experience.
• Should have a good understanding of South African Legislation.

Responsibilities

• Adhere to financial and cost management requirements by reviewing the budget and identify any cost saving initiatives in area of work and report.
• Cultivate and manage objective working relationships with a variety of stakeholders.
• Build and sustain collaborative working relationships with relevant peers and stakeholders in order to achieve productivity synergies.
• Create reports summarising major findings, issues and outstanding remediation items, identify risks and controls.
• Performing audit testing and completing documentation of planning, testing and findings made in line with the Compliance methodology.
• Ongoing monitoring of business compliance to the control frameworks, reporting and escalation of incidents of non-compliance including follow up on implementation of agreed corrective measures.
• Provide support to stakeholders in relation to the execution of the relevant legislation, frameworks, processes and tools. Provide input to business on compliance related matters to assist in informed decision making.
• Provides an advisory service and consults with business in order to recommend controls and processes to ensure legislative compliance.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate and needed.