Monitoring & Reporting Officer ( Fixed Term Contract )
- Business Segment: Personal & Private Banking
Company Description
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.
Job Description
Note: This role is not open for relocation. As this is a 6 month contract)
To contribute to the implementation of adequate Business Risk Management controls through providing specialist and administrative support, as well as monitoring and reporting on Fiduciary compliance and risk reports, specifically focusing on evaluating risks encountered on the core systems, related to Trusts and Fiduciaries, Training and Policies and procedures, supporting the Head of, Fiduciary Business Risk Management, to minimise fiduciary risks.
Qualifications
Type of Qualification: Diploma, Corporate Governance
Experience Required: 5-7 years Experience and background in Trusts and fiduciary administration related to Companies, Foundations and Trusts.
Outputs:
- Actively monitor incident and breaches trends across the business, report findings, substantiated with suggested corrective actions to the Manager and Head of Business Risk Management, for review and action approval.
- Administer, monitor, collect and collate Business Risk Management (BRM) Test Plan data and information, through drawing Client record samples, review and checking action taken against relevant policies and procedures., Obtaining Data point information, collating data into relevant Reports for Head of BRM, Fiduciary Head and governance committee on a monthly basis, to allow them to assess and evaluate shortcomings and potential mitigating actions.
- Build and maintain sound working relationships between all stakeholders by facing challenges collaboratively, instilling open communication channels and managing expectations through regular feedback.
- Collaborate and liaise with all internal stakeholders (Compliance, internal audit and Operational teams, etc.) to ensure that business finalises the action plans; ensures evidence of the closure of the findings, keep the records.
- Co-ordinate and investigate incidents complaints and breaches, by monitoring relevant Bank Systems and tracking status updates / action items ensuring that information is factually correct to safeguard the non-compliance and risks.
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Articulating Information
- Checking Things
- Documenting Facts
- Examining Information
- Following Procedures
- Inviting Feedback
- Managing Tasks
- Meeting Timescales
- Producing Output
- Taking Action
- Upholding Standards
Technical Competencies:
- Banking Process & Procedures
- Compliance
- Data Management (Administration)
- Financial Industry Regulatory Framework
- Operations Risk Management
- Promote Good Governance, Risk & Control
- Risk Management
- Risk Reporting