Specialist: Compliance (3S)-1 at Absa South Africa

Job Description

• Providing proactive and responsive advisory support on compliance related matters facing the Pan Africa  Transactional Banking business
• Proactive and forward looking identification and management of regulatory risks facing the Transactional Banking business
• Timely response to ongoing regulatory queries raised by stakeholders
• Assisting in the drafting and implementing compliance policies and guidance relevant to the transactional 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.
• Assisting with 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.
• This role forms part of broader Transactional Banking Compliance team and broader Corporate Investment Banking Compliance function.
• Facilitating Compliance training (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.
• Assist and drive Compliance innovation streams and internal projects.
• Any additional salient second line of defense obligations.
• 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.

Education

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