Senior Compliance Manager at Absa Group Limited (Absa)

Job Summary

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Absa Policies and Policy Standards.
• To assist the Chief Compliance Officer in managing the overall Business and fulfilling responsibilities.
• This includes, reporting to all relevant governance forums, managing of conduct risk deliverables and driving new regulatory requirements
• To develop tactical strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adaption i.t.o. compliance management methodology, governance and delivery objectives.

Job Description

Accountability: Reporting

• Prepare the key themes, presentations and reviews for the Chief Compliance Officer and assist with detailed content when required
• Evaluate all material and communication prior to it being reviewed by the Chief Compliance Officer ensuring that context, analysis and the views of the respective areas are collated, filtered and summarised in a concise manner
• Working with the Compliance Heads and Managers to ensure reporting requirements to Absa Executive teams are met on time and to the highest quality

​​​​​​​Accountability:  Conduct / Reputational Risk

• Prepare and consolidate the quarterly Conduct and Reputational Risk reports and ensure that relevant check and challenge with business was completed.
• Obtain and consolidate feedback from Compliance Heads and managers on all conduct risk related policies and ensure timely submission to Group Compliance
• Influence the Key indicators on Conduct and Reputational risk to be more BU specific.
• Act as liaison officer between Group Compliance and RB Compliance Heads and managers

​​​​​​​Accountability: New Regulatory Requirements

• Create awareness of regulatory developments to business and maintain and update a roadmap / timeline of key regulatory developments for South Africa (impact of regulations on financial institutions)
• Create awareness of regulatory developments across Relationship Banking e.g. publishing of newsletters
• Identify, monitor and escalate to the Chief of Compliance on any or potential material risk to business with a regulatory impact
• Support the NRR Process and participate at both the SA NRR and Strategic Regulatory Forums
• Ensure comments and input in new draft legislation is obtained timely and submitted to  
• Compile reports to various governance committees on key regulatory developments
• Liaise with key internal stakeholders in respect of updates to regulatory developments for various governance committees
• Check and challenge and collate information/input / comments from internal business stakeholders on new Regulatory Requirements.

​​​​​​​Accountability: Team Management

• Encourage frequent knowledge sharing between team members.
• Establish and maintain a succession plan for the team.
• Track the delivery of the team and achievements against the team’s annual goals.
• Support in setting team strategy and team scorecard, tracking and measuring performance against scorecard
• Arranging Team meetings and support with setting agenda
• Team co-ordination and communication on assigned projects

Qualification:

• B-degree with Honours in (Field) (NQF level no.)
• LLB qualification preferred
• Professional certifications advantageous (e.g., CAMS, CFE, ICA, CIPP, PCI-related certifications).

Preferred Experience:       

• Experience in Board and Exco level reporting – have written reports to the board
• Understanding differences between management reports and executive reports
• Have been in a compliance, risk, positions
• At least 5-7 year of report writing experience
• Exposure in dealing with snr executives / stakeholders
• Ability to check and challenge snr executives on report content and guide to required outcome
• Exposure and experience within Fintechs
• Strong understanding of the payments ecosystem: acquiring, issuing, card schemes (Visa, Mastercard, etc.), and alternative payment methods.
• Knowledge of merchant acquiring models and related risks (e.g., high-risk merchants, chargebacks, cross-border payments).
• Exposure to payment processing technologies

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

End Date: October 13, 2025