Head Compliance: NIC and Projects at Nedbank

Job Purpose

• To assist the cluster compliance function with the coordination; facilitation and management of the Compliance function for the Division through oversight and advisory, reporting and developing networks; providing advice to minimise regulatory; reputational and compliance risk and endeavour to avert potential litigations/ penalties and ultimately increase shareholder value for the bank.

Job Responsibilities

• Assist the cluster / business unit's compliance function to set an annual budget.
• Provide guidance to relevant cluster's with regard to compliance and monitoring risks by providing support or offering expert advice to compliance officers. 
• Review reports and provide input for all stakeholder engagements. 
• Compile reports for the various governance forums and Exco  
• Present findings and engage business on mitigation of compliance risks.
• Assist with providing direction and support to the compliance officers through alignment to the standards, processes and procedure and where possible identify and recommend opportunities for enhancements.
• Maintain effective internal and external stakeholder relationships and mutually beneficial partnerships.
• Effectively and efficiently manage the team across the HR value chain including recruitment, performance management, retention of critical staff and succession planning.
• Motivate staff to perform and contribute to the success of the business by creating an environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision-making processes.
• Keep abreast of developments in field of expertise, including legislation and other industry changes that impact on role by reading relevant newsletters and websites and attending sessions to remain current.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and Corporate Social Initiatives (CSI).
• Participate in developing, implementing and addressing issues raised in culture surveys to improve results.
• Ensure transformational targets are met.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Certifications

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

Minimum Experience Level

• 8+ years appropriate and relevant experience; 3-5 years