To provide independent regulatory subject matter advice and manage continuous improvements on frameworks, structures and processes to ensure regulatory and compliance practices in customer onboarding and maintenance.Job ResponsibilitiesProvide expert advice, guidance and oversight on all client records in line with requirements to ensure regulatory compliance with respect to FATCA / CRS, beneficial ownership and EXCON.Manage the input provided into new and existing business products and processes in relation to regulatory requirements to improve effectiveness.Stay up-to-date with legislative changes to keep in line with best practice, regulatory compliance and industry standards.Review the reporting and articulation of compliance and regulatory risks by stakeholders through formal and/or informal reviews, and provide input to prevent ambiguity, and ensure accurate reporting to enable management to adequately resource the compliance function to address compliance risks.Establish relationships with stakeholders by providing guidance, oversight and/or training to ensure compliance and regulatory risks are managed.Upskill and train relevant stakeholders with regulatory changes to achieve alignment and legislative compliance.Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection of such contraventions to ensure requirements set by regulatory bodies are met.Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks as well as ensuring an open line of communication to assist stakeholders to address compliance risks.Identify opportunities to influence the improvement or enhancement of business processes and methodologies by researching and recommending improvement initiatives and effective ways to operate and add value to Nedbank.Essential Qualifications - NQF LevelMatric / Grade 12 / National Senior CertificatePreferred QualificationBachelor of Commerce: LawMinimum Experience Level1-3 years experience in analyzing and monitoring risk indicators in Anti-Money Laundering (AML), Counter Terrorist Financing, Sanctions Compliance in a banking environment. Advanced knowledge in FATCA / CRS legislation, Beneficial ownership and EXCON.Understand and operationalize legislation and methodologies to ensure compliance to requirements.Technical / Professional KnowledgeAdministrative procedures and systemsData analysisMicrosoft OfficeRelevant regulatory knowledgeBusiness writing skillsRelevant product knowledgeKnowledge of riskRelevant system knowledgeBuilding Customer LoyaltyWork StandardsManaging Work
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