Senior Compliance Specialist

Requisition Details & Talent Acquisition Contact

REQ: 138127
Talent Acquisition Consultant: Michelle Thabethe
Closing Date: 6 March 2025

Job Family
Risk, Audit and Compliance

Career Stream
Regulatory Compliance

Leadership Pipeline
Manage Self: Professional

FAIS Affected

Job Purpose

• Group Compliance (Shared Services Compliance) is recruiting for a Senior Compliance Specialist. The incumbent will provide advice, guidance, oversight, and assurance on the adherence to compliance practices in Group Risk, covering business areas such as Group Credit Risk, Group Operational Risk, Group Market Risk etc., to ensure compliance risks for applicable legislation are identified, assessed, managed and reported on. Strong knowledge of the Banks Act is essential. We’re looking for a proactive self-starter who thrives in a dynamic environment and is ready to make a meaningful impact at one of South Africa’s leading banks.

Job Responsibilities

• Build and maintain stakeholder relationships and ensure the profile of Shared Services Compliance is both elevated and maintained.
• Develop and maintain a clear understanding of the scope and nature of the business conducted by the cluster.
• Adopt and adhere to a risk-based approach in the management of compliance risk as per the Nedbank Compliance Framework.
• Develop a solid understanding of all core and/or high-risk legislation that applies to the cluster.
• Keep abreast of all regulatory developments/changes that may potentially impact the cluster and engaging relevant stakeholders on a timely basis to ensure business readiness and ongoing compliance risk management.
• Providing advisory services in the review of policies and implementation of regulatory projects.
• Execution of the annual Compliance Coverage Plan for the cluster within set timelines.
• End to end compliance risk management for the cluster (identify, assess, manage, monitor and report – including but not limited to tracking of findings and committee reporting / submissions).
• Manage coordinated assurance relationships.
• Contribute to the creation of a compliance culture, training and awareness in the cluster by becoming a trusted advisor to business (whilst maintaining independence).
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.
• Challenge the status quo.
• Reinforce an ethical culture.
• Understand and embrace Nedbank’s vision and values, leading by example.

Essential Qualification- NQF Level

• National 1st Degrees/Advanced Diplomas
• Bachelor of Commerce: Accounting / Risk Management / Auditing /Economics
• LLB

Preferred Qualification

• Postgraduate Qualification: Compliance / Risk Management / Auditing/ Accounting/Economics/Law

Essential Certifications

• Compliance Institute of South Africa preferred

Preferred Certifications

• Compliance Institute of South Africa (CISA) certification preferred, not essential

Minimum Experience Level

• 3-5 years in a compliance/risk/governance/auditing role

Technical/ Professional Knowledge

• Change management
• Cluster specific operations
• Compliance reporting
• Compliance monitoring / auditing
• Governance, Risk and Controls
• Relevant regulatory knowledge specifically the Banks Act.
• Relevant software and systems knowledge
• Reputational risk management
• Risk management process and frameworks
• Stakeholder management

Behavioral Competencies

• Decision Making
• Influencing
• Building Trusting Relationships
• Managing Work
• Execution
• Quality Orientation
• Stress Tolerance
• Emotional Intelligence
• Communication
• Assertiveness

Disclaimer
Please contact the Nedbank Recruiting Team at +27 860 555 566