Job Description
The role is responsible for providing compliance support across the institution by assisting with monitoring regulatory adherence and supporting the development of a culture of compliance. The role identifies and reports potential compliance risks or gaps in business processes, products, and transactions.
Key Responsibilities
KEY PERFORMANCE AREAS
Assessment and Management of Compliance Risk
Guide business units in the implementation of compliance requirements across operational, investment, and support functions.
Support the development of a culture of compliance through practical, solution-oriented advice.
Monitor compliance and contribute to reducing the compliance risk exposure of the Bank.
Keep abreast of the latest industry developments, technologies, and best practices to maintain a high level of competency and innovation.
Support continuous improvement through identifying opportunities to enhance processes, products, or services, leveraging technical knowledge, creativity, and industry insights.
Monitor Regulatory and Internal Compliance
Conduct reviews of business processes, documentation, and records to assess levels of regulatory compliance.
Identify potential breaches, emerging risks, and control weaknesses, and recommend corrective actions.
Track and monitor implementation of regulatory changes and internal policies.
Provide input into compliance and audit reports in respect of audit issues/matters for the Audit & Risk Committee and other governance structures.
Develop and Implement Compliance Policies & Frameworks
Participate in compliance risk assessments and control testing to enhance risk mitigation.
Guide business units in maintaining compliance registers and reporting systems.
Advise business units of compliance best practices and new developments.
Compliance Awareness and Reporting Capacity
Support the delivery of training and awareness initiatives on compliance and ethical conduct.
Prepare compliance reports and inputs for governance committees, regulators, and internal stakeholders.
Collaborates with legal, ethics, financial crime, and business units to promote integrated compliance outcomes.
Provide reports to ensure that compliance risks are considered and dealt with effectively and promptly.
Reporting and Data Analytics
Generate detailed and insightful reports and analyses that support strategic decision-making and drive organisational improvement.
Collect, process and interpret complex data using advanced analytical techniques and tools.
Develop reports and dashboards tailored to the specific needs of stakeholders, presenting data in a clear, concise, and actionable manner using visualisations and other aids as necessary.
Identify trends, areas of improvement and key insights that influence strategic planning and operational adjustments.
Stakeholder Management
Engage and collaborate with key stakeholders to align expectations, gather insights, and ensure successful outcomes.
Build relationships, communicating clearly and consistently, and addressing stakeholder needs and concerns with responsiveness and professionalism.
Key Measurements of Outputs
Number and quality of compliance reviews, assessments, and advisory interventions
Timeliness and accuracy of compliance risk reporting
Level of regulatory breaches identified and resolved
Contribution to policy interpretation and compliance training
Clean Audit
Expertise & Technical Competencies
QUALIFICATIONS AND EXPERIENCE
Minimum Qualification
A Degree in Law, Finance, Accounting, Risk Management or Economics.
Member of the Compliance Institute of Southern Africa.
Minimum Experience
A minimum of 5 years experience in a compliance, legal, or regulatory risk function, preferably within a financial institution, development finance institution, or a state-owned entity.
Experience in interpreting legislation and applying compliance frameworks across business units.
Experience in monitoring, advisory, or control development functions.
Familiarity with regulatory bodies such as the Prudential Authority, Financial Intelligence Centre (FIC), etc.
Proven experience in end-to-end compliance management.
Thorough understanding of regulatory requirements, industry practice, and risk management.
Desirable Requirements
Exposure to public sector or development finance environments.
A certification in compliance.
Deadline:15th July,2026