To ensure regulatory compliance and operational efficiency within the organisation by advising clients on Know Your Customer (KYC) and onboarding requirements, particularly in relation to complex corporate structures, multinationals, and cross-border entities.
By leveraging deep expertise in legal and compliance frameworks, provide tailored compliance solutions that enable seamless client onboarding while adhering to evolving regulatory requirements.
Serve as a bridge between clients and internal stakeholders, translating regulatory mandates into practical and commercially viable solutions.
To organise, streamline and oversee the onboarding of New to Bank and Existing to Bank clients within the agreed service level agreements (SLA). To provide holistic legal and compliance support and advice to clients which meet the minimum requirements of RMBs standard operating procedures and Risk Management and Compliance program. To be familiar with Financial Crime legislation and practically apply that to the clients type of business and enable seamless onboarding of the client. To understand the compliance requirements, nature of business and apply these to facilitate seamless onboarding and improvement of the client experience.
Are you someone who has an interest / experience in:
- Interest in understanding the impact of global economic indicators and the impact it has on emerging markets.
- Interest in staying abreast of global trends and broader macro environment.
- Position Keeping and Risk Adherences:
- Understanding of basic risk profile of the trading book , ensuring trades are timeously captured and system risk is updated as expected.
- Performing intraday profit and loss attributions for the trading book
- Submitting profit and loss submissions timeously and checking this against official finance revenue. Responsible for driving investigations and remediation of this.
- Establish relationships with relevant stakeholders :
- Open to learning and asking questions on an ongoing basis.
- Communicate effectively with internal stakeholders in broader trading /sales teams. Share information with the team and leverage team to enhance learning opportunities.
- Flag opportunities to use technology to improve processes.
- Meet set turnaround times while ensuring own availability, reliability, and accuracy.
- Personal:
- Maintain a positive attitude and respond openly to feedback
- Handle stress in ways that does not negatively impact others
- Works well under pressure.
- Act in an ethical transparent and morally defensible manner including highlighting unethical practices
- Share debate and communicate learnings
- Flag and debate issues constructively
- Promote a friendly cooperative climate
- Act speedily to resolve problems queries and complaints
- Take ownership of personal career development leveraging formal and informal opportunities
- Type of Qualification: LLB (Bachelor of Law) or BA Law minimum. Preferred admitted attorney of the High Court of SA.
- Hons Degree in Quantitative Risk Management, Actuarial Science, or related LLM (masters in Law) or postgraduate in compliance management preferred.
- Minimum 3 to 5 years in financial services or banking preferred.
- Minimum 1 to 3 years speaking to clients or client facing and providing legal advice or guidance.
- ACI / CFA / PRM / FRM advantageous
- Minimum of 5 to 8 years banking experience in Risk Management, Technical Structuring or Valuations
- Strong technical grasp of Mark to Market and theoretical valuation of financial instruments, including derivatives and calculation of risk sensitivities as required.
- 5 8 years of people management experience required.
- Opportunities to network and collaborate
- Challenging working
- Opportunities to innovate
- Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
- Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
- Love putting our clients at the forefront of what you do
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Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
25/03/25
All appointments will be made in line with FirstRand Groups Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
