Nedbank Banking Jobs in Johannesburg
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Job Purpose
To monitor and provide oversight on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.
Job Responsibilities
- Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.
- Provide input, review and ensure accurate reporting and articulation of compliance.
- Provide guidance in the completion of subsidiary compliance risk monitoring programs.
- Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection.
- Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
- Engage with stakeholders formally through determining scope of work, understanding and identifying client needs.
- Develop collaborative relationship with the Compliance Institute of South Africa (CISA).
- Execute the annual compliance risk-based program.
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- Monitor compliance risks and determine the state of compliance in client facing Clusters.
- Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented.
People Specification
Essential Qualifications - NQF Level
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
B.Com or LLB
Essential Certifications
- FAIS Qualification Regulatory Examinations 1 Qualification
- Fais, Regulatory Examinations, Coaching Accreditation
Preferred Certifications
Compliance Institute of South Africa (CISA) - preferred, not essential
Type of Exposure
- Analysing situations or data that require an in depth evaluation of multiple factors
- Drafting reports
- Influencing stakeholders to obtain buy-in for concepts and ideas
- Comparing two or more sets of information Working with a group to identify alternative solutions to a problem
- Consolidating data from various sources and identify/interpret trends
- Identifying and interpreting regulatory risk trends
- Managing stakeholder expectations
- Monitoring adherence and compliance
- Working across all risk categories
- Presenting to senior leaders
Minimum Experience Level
- 2 to 3 years experience as a Compliance Officer within the Insurance environment.
- Must be a Compliance Officer registered with the FSCA
- Must have completed the Fais RE1, and RE:5 exams
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Technical / Professional Knowledge
- Change management
- Cluster specific operations
- Compliance reporting
- Governance, Risk and Controls
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Reputational risk management
- Risk management process and frameworks
- Stakeholder management
- Codes of Good Governance
Behavioural Competencies
- Adaptability
- Applied Learning
- Communication
- Decision Making
- Driving for results
- Work Standards
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