Compliance Officer - Credit SA

To enable the Compliance Risk Management processes and activities within Personal and Private Banking Credit SA to ensure that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties, or reputational damage to the organisation and enable the competitive advantage of the organisation.

Regulatory Compliance:

• Ensure strict adherence to financial regulations and governance standards.
• Oversee credit lending methodologies, arrear collections, customer restructures, and indulgence programs.
• Maintain operational integrity and regulatory compliance within the financial services sector.
• Identify, anticipate, and mitigate compliance risks.
• Ensure robust and effective compliance measures across all lending operations.

Audit Management:

• Act as the central point of communication between business units and internal/external audit teams.
• Ensure audit gaps are clearly articulated and remediated promptly.

Qualifications:

• Degree in Audit, Business, Commerce, Legal, or related.

Experience Required:

• The role requires an expert in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to Credit SA, as well as a solid understanding of banking products and activities.
• Seasoned professional with exceptional understanding of financial regulations and governance practices associated with credit lending products.
• Technical knowledge of systems, processes, and scorecards within the Group.
• Strong legislation knowledge in the following:

National Credit Act:

• Customer Protection Act
• Competition Act

Additional Information:

• Articulating Information
• Documenting Facts
• Empowering Individuals
• Exploring Possibilities
• Evaluation of Internal Controls
• Financial Industry Regulatory Framework
• Legal Compliance
• Process Governance

Remote Work: Employment Type:

Key Skills:

Compliance Management, Risk Management, Financial Services, PCI, Banking, Cost Accounting Standards, Quality Systems, Research Experience, NIST Standards, Securities Law, SOX, ISO 27000