Job Description

Brief description

The main purpose of this position is to coordinate and facilitate the implementation of the risk and compliance framework and reporting processes for the Financial Services Department (FSD). The role is embedded within FSD and works in close collaboration with the Risk Management and Compliance Department (RMCD) of the South African Reserve Bank (SARB).

Detailed description

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


Engage in short-term planning and perform tasks according to work plans defined in collaboration with the team leader. Coordinate and facilitate the implementation of the risk and compliance framework for FSD and support compliance with legislative and audit requirements by process owners. Utilise the available risk management, compliance and audit tools to monitor and report on related issues to ensure sound governance. Conduct regular risk assessments to verify compliance with the SARB's legislative and policy requirements. Facilitate risks identification through periodic risk assessments, and compile and update the FSD's risk matrix. Promote awareness of risk and compliance within FSD through campaigns and appropriate communication channels. Assist with other related duties on an ad hoc or project basis as requested by management. Stay up to date with developments in own functional area and apply relevant changes as needed. Manage relationships and engage with internal and external stakeholders at various levels. * Collate, analyse and provide reports on risk and compliance management.