Job Description

To provide robust regulatory compliance advice, guidance, and support by monitoring processes and related controls in accordance with compliance methodology and minimum standards

Hello Future Compliance and Conduct Specialist

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. 

Are you someone who can:

Develop and implement compliance and conduct risk management frameworks, policies, and procedures to ensure compliance with regulatory requirements and industry standards.Identify, assess, and mitigate compliance risk across the bank, including risks related to retail market conduct, and wholesale conduct through regular reviews and horizon scanning for emerging trends and risk.Participate in compliance tracking, reviews, and validation of incidents, including testing of processes and business controls as well as reporting on findings and recommendations.Make use of data analytics and scripts during compliance and conduct reviews and validation to create efficiencies and create ongoing monitoring opportunities.Conduct investigations into compliance breaches and implement corrective actions to prevent recurrences.Develop and maintain compliance and conduct metrics and report to various committees across the organization.Collaborate with business units to ensure compliance and conduct risk is integrated into business decision-making.Stay up-to-date with changing regulatory requirements and industry developments, advising senior management on implications and necessary actions.Develop and maintain relationships with regulatory bodies, ensuring effective communication and compliance.Develop and implement corrective action plans to address regulatory findings and/or assurance findings relating to compliance and conduct risk.Develop, encourage and nurture collaborative relationships across the organization.Provide ongoing and accurate advice to internal stakeholders, including the drafting of internal opinions and the ability to understand and correctly apply complex legislative rules to internal business procedures and controls.Apply a customer-centric approach to ensure the fair outcomes of customers.Ensure that internal stakeholders update non- compliance incident logs on the internal issue management system and issue risk and root cause analysis reports as required.Ensure that all internal and external regulatory reporting obligations are discharged.Enhance the compliance and conduct programme through, regular review and prioritisation based on identified risk and horizon scanning for emerging trends and risk.Conduct training interventions and assist with the development of training material, as required.Ensure development and continuous value add improvement to operational processes.

You will be an ideal candidate if you:

BCom, LLB or bachelor’s degree (in a business-related discipline, Legal, Compliance or Auditing).Postgraduate Diploma in Risk Management, Market Conduct, Compliance Management or related field will be advantageous).Have 2 to 5 years of experience in a Risk Management, Compliance, Regulatory, Monitoring/Audit or similar environment.Additional knowledge on Financial Services Industry; Market Conduct; and FAISAgile and effective regulatory change managementHolistic view of customer target groups and product life cycle

You will have access to:

Challenging Work.Opportunities to network and collaborate with stakeholders at all levels of the organisation.Engage with subject matter experts to enhance and develop your skill set.Opportunities to innovate and use data analytics.

We can be a match if you are: 

Have strong project and time management skills with the ability to work independently or lead others.Have excellent stakeholder management skills with the ability to communicate confidently and influence stakeholders.Have strong written and oral communication skills with the ability to articulate feedback and recommendations, and issue regular updates for governance reporting purposes.Are curious & courageous - you are driven by always wanting to know more and learn more and you are brave enough to ask challenging questions.Are resilient –Be able to work under pressure and be unflappable – Have the ability to stay cool.Are decisive – you are able to make sound judgments and work independently.Are collaborative- you are able to work within a team environment and to create and leverage synergies.

Are you interested to take the step? We look forward to engaging with you further. Apply now!

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Job Details

Application Closing Date

11/10/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.