Job Description

To 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

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Nedbank