Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
To execute Compliance Risk Management processes and activities within a specific Client Segment or Functional area, to ensure that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation and enable the competitive advantage of the organisation.
Qualifications
- Bachelor of Laws, Commerce Degree or related
- A Post-Gradruate Degree in Compliance or Risk Management will be an added advantage
Additional Information
Experience:
- 5-7 years: The role requires a Compliance professional with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific Client Segment / business area / Functional area as well as a solid understanding of banking products and activities.
Key Responsibilities:
- Keep abreast of and analyse regulatory and legislative developments, applicable across the Client Segment, Functional Area or Country in order to deliver expert advice to relevant stakeholders.
- Report all material compliance issues, using the established escalation and reporting mechanisms and processes to ensure these issues are resolved swiftly and therefore minimising the impact of any financial or reputational damages.
- Draft compliance reports as required by various governance structures, committees and regulations, particularly regarding the compliance performance of the Client Segment, Function or country.
- Proactively identify and address gaps in controls, processes and procedures and monitor remediation plans to address any short-comings.
- Identify opportunities to influence a continual reduction in costs within the area under control to ensure that service delivered remains cost-effective and efficient.
Behavioural Competencies:
- Documenting Facts
- Interpreting Data
- Exploring Possibilities
- Providing Insights
- Upholding Standards
Technical Competencies:
- Evaluation of Internal Controls
- Financial Industry Regulatory Framework
- Legal Compliance
- Process Governance
- Risk Awareness
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What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
