Officer Compliance CF - JHB at Absa Group Limited (Absa)

Responsibilities include:

• Continued pro-active stakeholder engagement, building and maintaining effective and value adding business relationships with all relevant stakeholders
• Maintaining professionalism in all verbal and written communications
• Participating and advising committees, forums, working groups and projects in the CFs on regulatory compliance requirements
• Reporting on the level of compliance with internal policies and procedures, applicable laws, regulations and rules impacting the CFs
• Interacting and engaging with the broader compliance and business communities, assurance providers and senior members in the Group
• Advising and recommending compliance changes in respect of internal procedures, controls, business rules, policy and new regulations
• Identifying the universe of laws applicable to the CFs and conducting a detailed Impact Risk Assessment
• Drafting compliance risk management plans for all regulatory requirements
• Creating and customizing a coverage plan for the CFs, incorporating compliance activities including reporting, assurance reviews, and other compliance activities

Essential: 

• B degree/similar qualification in Law, Commerce, Risk management
• 5-7 years experience in compliance, law, auditing or risk management
• Solid understanding of the Banks act

Preferred:

• Certificate in Compliance Management
• Experience in a financial services environment
• Finance / Treasury knowledge or experience

Competencies & Skills: 

• Problem solving and analytical skills
• Business reporting writing and presentation skills
• Leadership skills
• Relationship building and communication skills
• Negotiation skills, able to persuade and influence
• Conflict management
• Adaptable and respond to change
• Able to interact with all levels of staff
• Learning and researching
• Advising on compliance reviews to be conducted in the CFs, liaising and advising the Monitoring & Testing team, and other assurance providers, on scoping, findings, risk ratings and remedial actions as it relates to Conduct risk, Regulatory and Reputational risk reviews
• Designing, developing and implementing processes and systems which will enable appropriate and accurate reporting of monthly and quarterly compliance reports to stakeholders and management
• Providing opinion on the business impact of anticipated new or pending regulations, ensuring appropriate consultation held
• Providing subject matter compliance awareness training to CFs on new regulations and compliance policies impacting the function
• Continuously evaluate the control environment of CFs and advising stakeholders on compliance matters, as appropriate
• Maintain a high level of knowledge a variety of applicable regulations impacting the respective CFs