Compliance Officer

Job Classification

Job Requisition - 137679

Closing Date - 30 January 2025

Location - Johannesburg

Cluster - Nedbank Wealth - Division - Nedbank Insurance

Please Note: Preference will be given to applicants from Underrepresented Groups

Job Family

Risk, Audit and Compliance

Career Stream

Regulatory Compliance

Leadership Pipeline

Manage Self: Professional

FAIS Affected

Job Purpose

• To monitor and provide assurance on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.

Job Responsibilities

• Monitor compliance risks and determine the state of compliance in client facing Clusters
• Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented
• Execute the annual compliance risk-based program
• Provide input, review and ensure accurate reporting and articulation of compliance
• Provide guidance in the completion of subsidiary compliance risk monitoring programs
• 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
• Develop collaborative relationship with the Compliance Institute of South Africa (CISA)
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.

Job Responsibilities Continue

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

Post Graduate Diploma: Risk Management , Advanced Diplomas/National 1st Degrees

Essential Certifications

Preferred Certifications

Compliance Institute of South Africa (CISA) - preferred, not essential

Minimum Experience Level

8 -10 years experience in risk management of which 5 years in a compliance related role

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

Please contact the Nedbank Recruiting Team at +27 860 555 566