Job Description

To assist the Head of Compliance with the coordination; facilitation and management of the Compliance function for the Division through monitoring; reporting and developing networks; providing advice to minimize regulatory; reputational and compliance risk and endeavor to avert potential litigations/ penalties and ultimately increase shareholder value for the bank.

Duties and Responsibilities

Assist managers within the Business Unit to monitor risks related to governance and compliance by providing guidance or offering expert advice to governance and compliance officers.
Assist in mitigating the risks by ensuring the Bank collaborates with regulators within specified parameters.
Assist with implementation of Ethics & Privacy Compliance deliverables as per Annual Coverage Plan and Group Compliance Plan.
Monitor Financial Crime & AML/CFT/PF compliance related matters trough tracking agreed compliance deliverables to ensure compliance with MLPC Act and International AML obligations.
Assist the Head of Compliance to set annual budget for Business Unit/Cluster compliance function.
Manage performance of staff by implementing performance agreements and ensuring a clear vision.
Mentor and coach staff on identified performance gaps.
Motivate staff to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
Risk Plan in a value-add, collaborative & integrated manner.
Coordinate Group and Cluster projects
Ensure compliance with Record Keeping & Maintenance.
Ensure transformational targets are met.
Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
Participate in developing, implementing, and addressing issues raised in culture surveys to improve results.
Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
Engage with stakeholders formally through determining scope of work, understanding and identifying client needs.
Develop collaborative relationship with the Compliance Institute of South Africa (CISA).

Qualifications and Experience

Preferred Qualification
Bachelor of Laws (LLB)/ Bachelor of Commerce Honors Degree in Banking, Finance, Risk Management

Preferred Certifications
At least one of the following certifications;

Compliance Institute Southern Africa (CISA)
International Certified Compliance Professional (ICCP)
Association Of Certified Compliance Professionals in Africa (ACCPA)
ACAMS

Minimum Experience Level
5 years’ experience in Compliance Risk Management/Money laundering & Terrorist Financing Risk Management/ Legal Risk Management/ Risk Management

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