Job Description

Job Classification

• REQ: 123902 - Refilwe Falatsi
• Closing Date: 10 April 2024
• Division: Wealth Centre - Compliance
• Employment Equity Statement: Preference will be given to individuals from underrepresented groups.

Job FamilyRisk, Audit and ComplianceCareer StreamRegulatory ComplianceLeadership PipelineManage OthersFAIS AffectedJob PurposeTo assist the Cluster Compliance function with the coordination, facilitation and management of the Compliance function for the Wealth Cluster through oversight and reporting, developing networks; and providing advice to minimise regulatory, reputational and operational risk.Job Responsibilities

• Assist in promoting and executing the Wealth Cluster and Group wide compliance strategic initiatives.
• Provide expert advice to business units through the respective compliance teams with regard to compliance risk.
• Review Compliance Risk Managemet plans and Monitoring reports, where required.
• Monitor the execution of the Cluster's compliance coverage plans.
• Compile reports for the various governance forums and Exco.
• Provide assurance to stakeholders on the state of compliance by reporting on how key risks are being managed, highlighted areas that require immediate attention and recommend corrective action to stakeholders.
• Assist with providing direction and support to the compliance officers through alignment to the standards, processes and procedure and where possible identity and recommend opportunities for enhancements.
• Maintain effective internal and external stakeholder relationships and mutually beneficial partnerships.
• Promote coordination and collaboration with other assurance providers.
• Motivate staff to perform and contribute to the success of the business by creating an environment of teamwork through sharing information.
• Keep abreast of developments in field of expertise, including legislation and other industry changes that impact on business; and facilitate new regulatory development assessments.
• Represent Cluster Compliance in various committees.
• Participate in industry and professional body platforms where required.
• Develop and execute the relevant training plan.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and Corporate Social Initiatives (CSI).
• Support the Wealth Executive Head of Compliance and the Group Compliance function in entrenching and promoting a compliance culture and creating a compliance presence.
• Participate in developing, implementing and addressing issues raised in culture surveys to improve results.

People SpecificationEssential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• An appropriate legal, commercial or other applicable degree
• Postgraduate Diploma in Compliance Management

Preferred CertificationsCompliance Institute of South Africa (CISA) - preferred, not essentialMinimum Experience Level

• 4 - 7 years Compliance experience in the Financial Services Industry
• Managerial experience will be an added advantage.
• Work experience in Wealth Management, Asset Management and/or Insurance will be an added advantage.

Technical / Professional Knowledge

• Change management
• Client service management
• Diversity management
• Employee training/development
• Financial Accounting Principles
• Governance, Risk and Controls
• Operations planning
• Principles of project management
• Relevant regulatory knowledge
• Strategic planning

Behavioural Competencies

• Decision Making
• Work Standards
• Applied Learning
• Communication
• Adaptability
• Driving for results

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

Nedbank