Senior Compliance Officer at Absa providing compliance support and risk management in the banking sector. Leading compliance initiatives and regulatory relationship management.
Responsibilities
Provide complex specialist advice and support in practice formulation and associated best practice improvement tactics
Formulate, update and implement compliance risk management policies and control procedures
Compile training material and facilitate training of relevant staff
Monitor instances of non-compliance with the company’s policies and procedures
Establish a compliance culture and create awareness of compliance through interaction with business
Assist in managing regulatory relationships
Provide proactive and responsive advisory support on compliance related matters
Provide advice to business stakeholders in relation to all conduct risk related policies, standards, and supporting documents
Attend Business/transaction approval Committees/Forums and provide compliance approval for the transactions and deals presented
Identify and manage regulatory risks proactively
Respond timely to ongoing regulatory queries raised by stakeholders
Review capabilities and compliance for individual transactions and new product launches
Develop and provide compliance training and awareness to employees
Report to Head of Compliance, Board, relevant committees, Executive Management, and key stakeholders to manage combined assurance
Implement and maintain a robust compliance risk management programme
Requirements
BCom, LLB degree or equivalent
10 years’ Compliance, Legal and/or Risk experience in CIB
Strong understanding of investment banking services and products as well as the regulatory frameworks
Strong communication skills – both oral and written
Excellent analytical skills
Excellent organizational skills with attention to detail and ability to prioritise and work to tight deadlines under pressure
Pro-active and ability to take initiative
Ability to make decisions and respond to issues promptly
Ability and confidence to uphold Compliance positions under pressure
Team player with ability to work autonomously / independently
Proficiency in all Microsoft packages and aptitude with IT systems.
Benefits
Health insurance
Retirement plans
Paid time off
Flexible work arrangements
Professional development
Bonuses
Job title
Senior Compliance Officer – Coverage, Public Sector Compliance Advisory
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