Compliance Head at WesBank

Job Description
Hello Future Compliance Head 

Are you someone who can: 

• Contribute to the development of larger overall area budget
• Develop the budget for the next financial year for area of responsibility taking all operational plans into consideration
• Research and design a longer term financial resource requirement plan for the area of responsibility
• Present the business case to motivate for financial resources
• Analyze and develop implementation plans against the forecasted financial budget
• Develop tactical budget for area of responsibility that minimize expenditure and manage costs
• Control the budget for area including the authorization of expenditures and implementation of financial regulations
• Apply a customer-centric approach that focuses on creating a positive experience for the customer by maximizing service and/or product offerings and building relationships to ensure that the customer is at the center of the business philosophy, operations and ideas
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in
• Engage in cross-functional relationships to obtain and to provide work support
• Contribute to sustaining a competitive edge through external networking, benchmarking and representation on related forums
• Ensure integrated view and reporting of relevant business information
• Analyze information to identify trends, discrepancies and inconsistencies for decision making purposes
• Ensure reporting of identified inconsistencies or opportunities
• Use the insights gained through integrated business reports to measure success and realign tactical strategy implementation objectives appropriately
• Participate with senior management to establish strategic goals, plans and objectives for the organization and make strategic decisions based on company goals and objectives
• Develop compliance guidelines, processes, and procedures for various business units through collaboration with business unit leadership
• Negotiate and influence matters affecting the compliance team within the Africa operations
• Analyze, address and resolve compliance issues
• Provide oversight and support on compliance related matters
• Ensure processes and other controls exist within the business to enforce compliance with laws, regulations, policies, and procedures
• Oversee and manage internal data privacy compliance reviews, where required under local laws and regulations
• Ensure the implementation of compliance awareness and training programs across the organization
• Brainstorm, identify, implement and drive innovative best practice ideas within the organization to ensure increased efficiencies
• Create and participate in specialist communities of practice and represents the organization at Group and industry level to share best practice insights and solutions
• Drive strategic projects, change management and platform integration across operations
• Leverage Group capability to exploit opportunities
• Ensure and encourage adherence to an operational framework of policies and procedures
• Implement compliance programmes, processes, and procedures in support of laws and regulations
• Ensure that operations are monitored and audited, including, systems in place to detect compliance violations in high-risk, transactional activities, red flag indicators and metrics for compliance risks
• Evaluate the effectiveness of business unit processes and other controls that exist to ensure compliance with laws, regulations, policies, and procedures
• Oversee and manage the monitoring of business unit conduct (e.g., for violations of applicable laws, regulations, policies, and procedures)
• Manage critical projects including incident and crisis management to ensure that the incident management plan is executed in a timely manner
• Ensure compliance with the requirements of Business
• Continuity and Issues Management programmes
• Collaborate with business units to perform periodic reviews of compliance effectiveness
• Compile and submit compliance-related reports to various regulators, as and when required
• Report to regional and international executives on all compliance related matters
• Work closely with internal audit team and Head of stakeholder Engagement on the audit findings and regulatory issues and updates
• Lead and participate in compliance related system and operations development projects
• Collaborate with the Legal and Corporate
• Investigations departments on all joint ventures and/ or related matters
• Respond to compliance and due diligence questionnaires from clients and prospects
• Participate with the business unit in self-assessments / audits, incl. data privacy and compliance-related assessments and other reviews
• Maintain expert knowledge on relevant legislative amendments, industry best practices and provide advice to relevant stakeholders
• Maintain up to date knowledge of local and global trends
• Provide thought leadership and expertise
• Establish an enabling climate and culture to energize employees, give meaning to work, minimize work disruption and maximize employee productivity
• Influence the development and enablement of a culture and climate where the organizational values are demonstrated and lived
• Influence the understanding and adoption of the organizational strategic direction
• Lead a development culture where information regarding successes, issues, trends and ideas are actively shared
• Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies
• Lead specialist communities of practice and contribute positively to own and organizational knowledge improvement
• Understand the competency and skills sets to be mastered to ensure personal and employee development and performance
• Identify development needs and select effective solutions to address own and employee development needs to facilitate improvement of self and team
• Ensure that each employee prepares a personal development plan that is implemented and reviewed as required
• Create an environment conducive to cross-functional skills transfer
• Keep abreast of learning opportunities, changing products and trends
• Provide guidance, share knowledge and expertise and guide employees to find their own solutions
• Share constructive feedback that motivates others to grow
• Manage performance of team or teams in areas of responsibility against expected individual and team delivery targets
• Manage performance moderation, disciplinary action, recognition and retention processes in line with HR policies and procedures
• Build team succession plans for roles in own area and influence resource planning
• Ensure clear contracting and assessment of performance expectations in line with identified objectives and enable a learning and growth culture
• Implement people resource planning in line with delivery and performance objectives within budget and in partnership with specialized areas
• Implement talent management practices in line with HR policies and procedures
• Provide direction, coaching, and regular feedback to employees to improve performance and implement performance improvement initiatives
• Ensure that skills are transferred in specific function
• Ensure implement employment equity plan target achievement in all recruitment and employee movement activities
• Identify current and future human capital needs and skills requirements
• Ensure relevant resolution of conflict and respond to any complaints or concerns

You will be an ideal candidate if you have: 

• Relevant Degree or Diploma
• 3+ years of experience in a similar role
• 10+ years of experience in Compliance
• 5+ years of experience of Leadership/ Team Management
• Strong NCA and Competition Commission Background
• Market Conduct and Data Privacy experience is required

You will have access to: 

• Opportunities to network and collaborate
• Challenging work environment
• Opportunities to innovate

We can be a match if you are:  

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to.
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.
• Adaptable, curious and willing to learn.
• Passionate in providing insights.
• Thrive in a collaborative environment.