(789) Risk and Compliance Coordinator

The main purpose of this position is to drive and coordinate the implementation and maintenance of the risk and compliance management frameworks, programme and reporting processes for the Prudential Authority (PA).

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Coordinate and facilitate the implementation of the risk and compliance frameworks for the department.
• Utilise the available risk management, compliance and audit tools to monitor and report on related issues to ensure sound governance.
• Schedule and facilitate regular compliance risk assessments to verify adherence with legislation, standards and policy requirements of the South African Reserve Bank (SARB).
• Schedule and facilitate regular operational and specialised risk assessments, including business impact and business continuity plan assessments, and coordinate incident response and recovery.
• Monitor and track management action plans for strategic, operational cyber and physical security and compliance risk.
• Create risk (including cyber and physical security) and compliance awareness within the PA through campaigns and appropriate media.
• Assist with other risk and compliance-related duties on an ad hoc or project basis as requested by management.
• Proactively monitor and track external regulatory obligations.
• Stay abreast of developments in risk and compliance, ensure application thereof and update applicable documents.
• Coordinate and support employees with the completion of annual declarations.
• Log and report risk incidents on the SARB’s centralised risk incident tool and monitor action plans.

Job requirements

To be considered for this position, candidates must be in possession of:

• a National Diploma (NQF 6) in Auditing, Compliance Management, Finance or Risk Management; and
• a minimum of three to five years of experience in a risk, compliance or audit facilitation environment.

The following would be an added advantage:

• ISO22301 training (fundamental); and /or

Additional requirements include:

• knowledge and understanding of:
  • industry, organisational and business awareness;
  • quality assurance;
  • continual improvement;
  • continual learning and/or professional development;
  • risk and compliance strategy;
  • legislation, governance, risk and compliance;
  • risk and compliance planning, assessment facilitation, monitoring and reporting;
  • risk and compliance administration;
  • risk and compliance information management;
• problem-solving and analytical skills;
• planning and organisational skills;
• a drive for results;
• verbal and written communication skills;
• interpersonal skills;
• impact and influence;
• learning focus;
• the ability to build and maintain relationships; and
• judgement and decision-making skills.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.