Regulatory Compliance Specialist - Nedbank

Job Purpose

• To inter alia consult, collaborate, advise, consider, review and consolidate the relevant cluster(s) and/or group view in respect of relevant domestic/international legislation and articulate such view at the required industry associations.
• Reporting and identification of domestic regulatory developments and international trends. 

Job Responsibilities

• Consult, collaborate, advise, consider, and review the business on international best practices, and aspects regarding regulatory developments.
• Support the team and central function by assisting in developing, reviewing, and giving input into policies, procedures, frameworks and tools with a specific focus on relevant risk legislation, for the benefit of the larger organisation.
• Identify, define and agree on the regulatory universe applicable for each relevant Business Unit, mitigating risks.
• Advise and support business in terms of applicability of regulation and in so doing, mitigate risk. 
• Advise business of changes in regulation and identify the potential impact of these changes on the business.
• Influence the enhancement of business processes and methodologies specific to the area’
• Create and strengthen awareness of business compliance status in relation to evolving regulatory landscape
• Promote and facilitate cross Cluster engagement. 

• Enable management to make informed decisions
• Ensure that stakeholder relationships are effectively managed
• Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses.
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, leading by example.
• Ensure upskilling and effective handover to relevant responsible person.
• Educate self-regarding business, through engagement, meetings, procedures and policy awareness.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
• Assist in drafting and compiling submissions into and prepare executive forum packs

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Legal qualification

Essential Certifications

• Compliance Institute of South Africa preferred

Preferred Certifications

• Compliance Institute of South Africa (CISA)
• Admitted Attorney 

Minimum Experience Level

3-5 years in a senior compliance/risk/governance role

Technical / Professional Knowledge

• Relevant Governance controls and regulatory knowledge
• Corporate Governance & Compliance
• Compliance reporting
• Archiving Documentation
• Policy & Procedural Knowledge

Behavioural Competencies

• 360° Decision Making
• Influencing
• Building Trusting Relationships
• Managing Work
• Quality Orientation
• Stress Tolerance