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.

To enable the execution of Compliance Risk Management processes and activities within a specific business/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.

• Analyse the operational activities within a functional area to identify compliance risks and therefore ensure adherence to the relevant Standard Bank Group compliance frameworks and standards.
• Complete and maintain a Business Unit specific Regulatory Universe to effectively enable the organisations adherence to the required legislative requirements.
• Completes and contributes to compliance reports as required by various governance structures, committees and regulations, particularly regarding the compliance performance of the business unit.
• Development of a risk based monitoring plan.
• Execution of routine and deep dive monitoring

• Relevant Degree (Audit / Business Commerce / Legal - Min
• Post Graduate Qualification (Audit / Insurance) - Pref

Experience Required

3 - 5 years: Specialised compliance knowledge in insurance regulations

5 - 7 years: Expert experience in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area as well as a solid understanding of banking products and activities.

Technical Competencies

• Audit: The ability to analyse process controls for effectiveness from a design and implementation perspective.

• Business Process Modelling: The ability to create mechanisms to ensure that designed processes are implemented correctly and that process changes are made thoughtfully, taking into consideration the impacts on people, other processes and technology.

• Financial: Knowledge and understanding of costing, budgeting and finance concepts and the understanding and application of related processes and procedures.

• Governance, Risk, Compliance: General awareness of risk management practices in a financial services organisation.

• Legal: Insight into and understanding of the various laws and regulations regulating the financial services industry.