Time left to apply: End Date: November 27, 2024 (7 days left to apply)
Job Requisition ID: R25261
Job DescriptionDear Future Compliance Specialist,
The role requires you to monitor processes and related controls in accordance with compliance methodology and minimum standards and provide support to experienced Regulatory Risk and Compliance professionals that require robust regulatory compliance advice and guidance.
Are you someone who can: Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.Ensure implementation of relevant policies, governance and practice standards across the business.Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements.Ensure compliance is adopted in terms of systems and procedures as laid out by the organization and review in response to audit findings and changes.Develop an understanding of risks and risk management approaches.Engage in cross-functional relationships to obtain and to provide work support.Research, enable and consult on improvements and opportunities to harness technology and platform enablement.Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimize redundancy.Implement and provide input into the development of governance and compliance procedures and processes within area of specialization and identify risks.Educate others and make suggestions for improvements.Network and participate in specialist risk forums where required.Ensure that the business is educated on the regulatory landscape by creating awareness around compliance implications of daily duties.Advise business of changes in regulation and identify potential impact of these changes on the business.Monitor and ensure business committees operate according to required business governance standards through regular engagement.Provide regulatory support and expertise in the formulation and completion of compliance risk and control assessments (CRA's).Ensure that compliance risk is adequately identified and in so doing, guide the business in terms of addressing such risk.Guide business to ensure that business policies contain the right content addressing legislative requirements thereby working toward an effective and adequate control environment.Influence the enhancement of business processes and methodologies specific to the area.Support and empower the Group to prevent compliance breaches and reputational risk from occurring, which could result in financial penalties.Engage with stakeholders on findings of compliance risk and control assessments to ensure action plans adhere to regulatory standards.Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.Participate in specialist communities of practice and contribute positively to own and organizational knowledge improvement.You will be an ideal candidate if you: Minimum requirement: Bcom Degree or Legal Degree.3 or more years' experience in a similar role.Experience in the implementation of Popia and FICA.Strong stakeholder and relationship management experience.Provide subject matter expertise to the business.You will have access to: Opportunities to network and collaborate.A challenging working environment.Opportunities to innovate.We can be a match if you are: Adaptable and curious.Have a proven successful track record.Thrive in a collaborative environment.Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 27/11/24
All appointments will be made in line with FirstRand Group's 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.
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