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 ensure compliance matters around all regulatory and legal requirements for the Flexi products and services; and ensuring FlexiPay processes reflect this.

• Support with preparing regulatory reporting as per stipulated frequencies.
• FlexiPay Wallet team interacts with many stakeholders within the Bank including: Engineering, Risk, Projects Management, Internal Audit, Compliance, Legal, Finance and externally with 3rd parties. The role holder will need to develop these relationships to establish an efficient and robust operating model.
• Ensure regulatory reporting as per the specified frequencies, by preparing regulatory reports and risk reports for the unit.
• Participate in guiding and training on; Assurance reviews / Audits, KRIs, Incident logging, Risk Control Self Assessments- RCSAs, Communication & timely compliance and regulatory reporting.
• Enforce the unit’s mandate, procedures, and regulatory requirements.
• Participate in monitoring of compliance of partners’ SLAs with the unit
• Drafting lessons learnt for sharing with the Flexi team.
• Enforce the “First Line of Defence” for the compliance / regulatory controls applied to the Unit’s operations.
• Transaction monitoring on the platform and report / escalate exceptions.

• A University Degree in statistics, finance, accounting, legal or a related field 
• A minimum of 3 years’ experience in Banking and Risk management (Compliance, Legal and Regulatory).
•  Sound and thorough knowledge of the Bank’s risk management policies and procedures.
• Working knowledge of Compliance, Legal and Regulatory Risks
• Broad knowledge of the applicable Acts, laws, Regulations for National Payments System (NPS), FIA, Consumer protection guidelines, UCC laws, any such regulations that may impact Flexipay services and Bank manuals.
• Knowledge and understanding of the regulatory environment governing financial services.
•  Work experience in a risk control environment, Legal, Compliance or audit is much desired.                                                                    

Behavioural Competencies:

• Checking Things
• Developing Expertise
• Documenting Facts
• Establishing Rapport
• Examining Information
• Following Procedures

Technical Competencies

• Compliance
• Data Management (Administration)
• Diary Management
• Information Security Management
• Risk Awareness
• Written Communication