To monitor and provide oversight on the adherence to compliance practices in the NFP business unit to ensure compliance risks are managed and reported across Nedbank.
Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI. Influence the improvement or enhancement of business processes and methodologies. Ensure compliance risks are managed by developing an annual risk- based compliance monitoring programme across NFP. Provide advice to stakeholders on compliance. Provide input, review and ensure accurate reporting and articulation of compliance. Provide guidance in the completion of subsidiary compliance risk monitoring programmes. Establish relationships with stakeholders. Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection. 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. Maintain relationships with stakeholders by keeping them informed of any compliance risk related matters that may compromise their business. Execute the annual compliance risk-based programme. Monitor compliance risks and determine the state of compliance in NFP. Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented. Monitor compliance risks and ensure corrective action. Provide assurance to stakeholders on the state of compliance. Present findings of compliance reviews to stakeholders. Comment on mitigating actions to be implemented by stakeholders. Improve personal capability and stay abreast of developments in field of expertise. Ensure personal growth and application of new competence in function. Ensure relevant up skilling takes place and effective handover to relevant responsible person for auctioning. Obtain buy-in for developing new and/or enhanced that will add value to stakeholders' businesses.
Responsibilities + Skills
Banking knowledgeBanking proceduresBusiness AcumenChange managementCluster specific operationsCompliance reportingGovernance, Risk and ControlsIndustry trendsMicrosoft Office
Advanced Diplomas/National 1st DegreesPost Graduate Diploma: Risk Management , Advanced Diplomas/National 1st Degrees
2 4 years experience in Compliance environment of which 2 years must be in a financial planning compliance related role.