Job Description

Closing Date 2024/09/23
Reference Number LAN240917-4
Job Title Head: Compliance & Governance
Division Risk Management
Unit Risk Management
Job Type Classification Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Job Advert Summary(Land Bank) is South Africas only specialist agricultural bank established in 1912, the banks sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.MAIN PURPOSE OF THE JOBTo lead and establish appropriate Compliance and Governance risk management principles within the organisation by developing, implementing compliance monitoring tools, controls and compliance programs and establish an ethical culture in line with the strategic objectives of the corporate plan of Land Bank. The incumbent is responsible for setting the approach on Identifying, assessing, managing and reporting in respect of the Compliance, Governance, policies and frameworks.
Key Performance Areas1. Ensure statutory, regulatory compliance and develop plus implement a compliance monitoring plan using accepted standards, methodologies and tools

• Design detailed CRMPs and strategies and implement for monitoring and control improvement
• Conduct thorough internal investigations of compliance issues and breaches.
• Take leading role in coordinating with internal and external auditors during compliance audits-internal and external audits including inspections with Regulators.
• Develop management reports, including risk watch report and disseminate to various stakeholders

2. Develop and implement robust internal controls and compliance programs: Governance; Compliance; Assurance and Monitoring Oversight (Bank-wide)

• Develop management reports, including risk watch report and disseminate to various stakeholders.
• Liaise with the Internal Audit Department to facilitate the generation of a risk based Internal Audit plan.
• Assist in ensuring that all significant risks are covered by the Combined Assurance providers.
• Develop compliance risk intelligence systems to predict and identify emerging compliance risks.
• Partner with Compliance and Product stakeholders to ensure compliance obligations are considered and built as part of new product or other initiatives.

3. Governance and Compliance Oversight: Ethics Culture and Management. Establish best practice and create a sound compliance and ethics culture in the organisation

• Collaborate with the Legal, Privacy, Data Governance and Company Secretary teams on compliance and governance related matters.
• Ensure consistency in the evaluation and reporting of risks and compliance throughout the company
• Design, Develop and implement Ethics Policy, draft the ethics policy, and circulate the policy to management & Board for approval

4. Compliance Risk Strategy: Implement a comprehensive compliance programme aligned to organisational planning process

• Develop strategies to mitigate identified compliance risks and implement corrective actions across the Bank.
• Develop and implement compliance self-assessments and self-maturity reviews across business units and regions.
• Participate in combined assurance forum or working groups and initiatives aimed at enhancing and maturing the risk and compliance programmes in the Bank.

5. Departmental and People Management

• Performance Management
• Capacity Planning
• Financial Management

6. Policy and Regulatory Compliance Reporting

• Lead reviews of all internal policies and frameworks and Ensure alignment and consistency, and reduce size and number of these policies to management policy universe.
• Ensure that company policies are in line with industry best practices and regulatory requirements.
• Compile and submit compliance-related reports to the various regulators as and when required.
• Lead regulatory interaction and industry engagements and collaboration with regulators and industry bodies-, NCR, FIC, Information Regulator,
• Fulfil a leading role at Compliance/Risk Management Committees and implement reporting and escalation to CRO and CEO/Exco, RGC and the board.

7. Keep up-to-date with changes in financial regulations and ensure compliance

• Represent the Bank at various risk & compliance forums, and participate in industry and regulatory initiatives,
• Lead research, review and enhancement of the company's risk management strategy, risk management policy, risk and risk opportunity identification and

8. Design & develop compliance and regulatory training Bank-wide

• Oversee deployment of relevant Compliance training for all employees.
• Facilitate orientation and training for the Board Committee and ensure the training of all stakeholders in their risk management functions.
• Conduct programmes to facilitate the awareness of the company's anti-corruption and fraud prevention campaign.
• Create, promote and maintain a culture of risk awareness and accountability within the company.

Preferred Minimum Education and Experience

• Relevant 4-year tertiary qualification (B Com, LLB, Risk Management, Law degree) - Postgraduate. Plus professional accreditation in Compliance and related (i.e. CPrac; Ethics; CISA, etc.)
• Experience in Compliance, Ethics, and Governance at general Management level: 10 plus years
• Experience at Senior Management level within compliance, governance and ethics: 5 years

Critical Competencies

• Policies and Procedures
• Compliance Management principles
• Regulatory reporting and oversight
• Legislation and knowledge of legal frameworks Microsoft
• Compliance softwares and systems
• Process Engineer
• Legal knowledge
• Microsoft Office
• Governance

Additional Requirements

• Extended hours as and when required.
• Travel as and when required

Land Bank