Job PurposeTo consult on and advise the business area regarding relevant domestic and international legislation; compliance and governance to ensure abidance to relevant codes; regulations and rules thereby minimising risk to and protecting the reputation of Nedbank.Job ResponsibilitiesAdvise business on best practice for compliance by ensuring the business is educated on the compliance culture and by creating awareness around compliance implication of daily duties.Ensure compliance standards are met and risks are mitigated. Identify, define and agree on the regulatory universe applicable for each relevant Business Unit, mitigating risks.Conduct compliance risk and control assessments (CRA's).Test whether the business control is effective and adequate and ensure that business policies contain the right content addressing legislative requirements.Engage with stakeholders on findings of compliance risk and control assessments.Ensure that compliance risk is adequately addressed.Mitigate risk and applicability to business.Advise business of changes and identify potential impact of these changes on the business.Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.Stay abreast of developments in field of expertise, ensuring personal and professional growth.Understand and embrace the Nedbank vision and values, leading by example.Influence the enhancement of business processes and methodologies.Enable management to make informed decisions and prevent compliance breeches.Prevent compliance breaches and reputational risk from occurring, which could result in financial penalties.Address compliance risk.Ensure that stakeholder relationships are effectively managed.Promote and facilitate cross Cluster engagement, manage and improve business efficiencies.Ensure awareness of business compliance status.Ensure upskilling and effective handover to relevant responsible person.Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses.
Responsibilities + Skills
AdaptabilityCommunicationBuilding partnershipsManaging WorkQuality OrientationTechnical/Professional Knowledge and SkillsPreference will be given to individuals from underrepresented groups.
Essential Qualifications - NQF LevelProfessional Qualifications/Honours DegreePreferred Qualification
5-8 years in a senior compliance/risk/governance role