Regulatory Compliance Manager

·        Guide and advise Business and management on Compliance requirements (POPI, FAIS, TCF, FIC Act, FATCA, CRS, EXCON Regs, Conduct Standards).
·        Updating of Policy & Procedure Manuals due to regulatory and operational changes in terms of key legislation affecting the Bank.
·      Conduct compliance training as per the compliance training plan.
Update training manuals in line with regulatory changes and policy requirements.
·      Assist in compiling a compliance monitoring plan and reporting against plan.
·        Assist in compiling an annual Compliance Activity Plan for approval by the BoD.
·        Assist in reviewing the Legislative Risk Matrix on an annual basis and submit to the BoD.
·        Conduct compliance monitoring and testing, including providing recommendations and actions plans ·        Develop and update Compliance Risk Management Plans.
·        Assist in submitting FATCA and CRS reports to the SARS including implementation of new reporting requirements.
·        Assist in managing and overseeing the REKYC and Enhanced Due Diligence (EDD) processes ·        Assist in preparing and submitting all required reports to the Group and Audit Committee on a quarterly basis.
·        Regularly review the Compliance Monitor's functioning, quality of commentary and timeliness of clearing, including conducting investigations and filing of reports where required.
·        Assist in providing guidance on new product & delivery channel development.
·        Assist in filing of regulatory reports to the respective regulators Requirements ·        5-7 years' experience in a compliance and regulatory position in a bank ·        LLB qualification/or similar and other compliance-related courses/qualifications ·        In-depth knowledge of FIC Act, POPI, FAIS, GDPR, EXCON Regulations, Conduct Standards and other applicable legislation impacting Banks Benefits Standard Benefits