Compliance Officer at Nedbank

Job Purpose

• To advise, monitor and provide assurance on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.

Job Responsibilities

• Working knowledge of financial services legislation and ability to advise business on relevant and applicable legislative obligations including ethical considerations
•  Execute the annual compliance risk-based program, including drafting of Regulatory Universes and CRMPs
•  Monitor compliance risks and determine the state of compliance in client facing Clusters
• Provide input, review and ensure accurate reporting and articulation of compliance risk
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection
• Engage and maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
• Contribute towards actively managing the culture of compliance
• Attend and present at various compliance forums
• Monitor adherence to compliance methodology by ensuring adherence to all framework requirements as listed above; 
• Assist in the execution of the annual compliance coverage plan activities
• Assist with reporting requirements as and when required
• Assist in managing and maintaining relationships with internal stakeholders

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Post Graduate Diploma: Compliance Management

Preferred Certifications

• Compliance Institute of South Africa (CISA) - preferred, not essential
• CPRAC

Minimum Experience Level

• 3-5 years experience in risk management of which 5 years in a compliance related role

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

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