Senior Compliance Officer: Private Side Advisory at Absa Group Limited (Absa)

Job Summary

• Compliance as the second line of defense provides Businesses and Functions with guidance, insight and independent challenge in relation to Compliance and Reputational Risk management.
• Formulate, update and implement compliance risk management policies and control procedures; compilation of training material and facilitating training of relevant staff; adequately monitoring instances of non-compliance with the company’s policies and procedures and generally establishing a compliance culture and creating an awareness of compliance through interaction with business as well as assisting in managing regulatory relationships.

Job Description

Job Responsibilities:

• Providing proactive and responsive advisory support on compliance related matters facing the Investment Banking Division (comprising of M&A, Equity and Debt Capital Markets, SA and ARO Debt, Structured trade and Commodity finance, Sustainable Finance, Syndicate, Structured Asset Finance, Debt Advisory, Commercial Property Finance, Equity Investments and Investment Research)
• Providing advice to business stakeholders in relation to all conduct risk related policies, standards and supporting documents
• Provide advice in relation to cross-border licensing requirements
• Attend Business/transaction approval Committees/Forums and provide compliance approval for the transactions and deals presented at these committees.
• Proactive and forward-looking identification and management of regulatory risks facing the Investment Banking business
• Timely response to ongoing regulatory queries raised by stakeholders
• Drafting and implementing compliance policies and guidance relevant to the investment banking business
• Reviewing capabilities and compliance for bespoke individual transactions
• Reviewing capabilities and compliance for new product launches and new business initiatives
• Developing and providing compliance training and awareness to employees. Compliance Induction Training for New Joiners, periodic training for the Business on a regular basis to ensure that they have adequate technical knowledge to understand the Compliance risk management framework that applies to the bank, as well as the Compliance risks to which the bank is exposed.
• Reporting to Head of Compliance, Board, relevant committees, Executive Management, and key stakeholders to manage combined assurance as required.
• Any additional salient second line of defense obligations.
• Implement and maintain a robust compliance risk management programme for the Investment Banking division, including active management of the integrated risk assessment, regulatory universe, compliance risk management plans, review and identification of new regulatory developments that impact the Investment Banking Division, review of risk and control inventories and key risk indicators
• Perform ad hoc monitoring of relevant compliance controls within the business areas
• Assist and drive Compliance innovation streams and internal projects.

Preferred Education:

• BCom, LLB degree or equivalent
• Commercial Postgraduate Qualification Advantageous

Preferred Experience:

• 10 years Compliance, Legal and/or Risk experience in Investment Banking (namely debt finance, capital markets and M&A)
• Strong understanding of investment banking services and products as well as the regulatory frameworks;

Knowledge and Skills:

• Knowledge & Skills: (Maximum of 6)
• Strong communication skills – both oral and written;
• Excellent analytical skills;
• Excellent organisational skills with attention to detail and ability to prioritise and work to tight deadlines under pressure;
• Pro-active and ability to take initiative;
• Ability to make decisions and respond to issues promptly;
• Ability and confidence to uphold Compliance positions under pressure;
• Team player with ability to work autonomously / independently; and
• Proficiency in all Microsoft packages and aptitude with IT systems.

Education

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

End Date: March 13, 2026