Job Description

Hello Future Compliance 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 team in as a Compliance Specialist where you will manage the design and implementation of appropriate and sustainable solutions and ensure effective collaboration and integration across product houses, business units and segments where 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!!!

As part of our team in our space, 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.

Job Description

Deliver against operational and cost targets • Prioritise resource allocation to minimise and reduce wastageMonitor costs for the financial year according to the operational plan •Allocats and approvs expenditureReview cost reports and resolves or explains variances to the budgetIdentify, control and escalate potential risks that may lead to increased costsManage costs or expenses within approved budget to achieve cost efficiencies Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-inEngage in cross-functional relationships to obtain and to provide work support Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountabilityEnsure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey mapResearch, enable and consult on improvements and opportunities to harness technology and platform enablement Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancyMonitor customer feedback reports and align processes to maximise efficienciesEnsure compliance with relevant statutory, legislative, policy and governance requirements in area of accountabilityEnsure implementation of relevant policies, governance and practice standards across the business Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirementsEnsure compliance is adopted in terms of systems and procedures as laid out by organisation and review in response to audit findigns and changesEducates others and makes suggestions for improvementsNetworks and participates in specialist risk forums where required Ensure that the business is educated on the regulatory landscape by creating awareness around compliance implication of daily dutiesAdvise business of changes in regulation and identify potential impact of these changes on the business Monitor and ensure business committees operate according to required business governance standards through regular engagementProvide regulatory support and expertise in the formulation and completion of compliance risk and control assessments (CRA's)Ensure that compliance risk is adequately identified and in so doing, guide the business in terms of addressing such risk Guide business to ensure that business policies contain the right content addressing legislative requirements thereby working toward an effective and adequate control environmentInfluence the enhancement of business processes and methodologies specific to the area Support and empower the Group to prevent compliance breaches and reputational risk from occurring, which could result in financial penaltiesEngage with stakeholders on findings of compliance risk and control assessments to ensure action plans adhere to regulatory standardsParticipate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively sharedBuild and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergiesParticipate in specialist communities of practice and contribute positively to own and organizational knowledge improvementAssess own performance against competencies and skills required deliveryIdentify development needs and select effective solutions to address own development need • Prepare a personal development plan with management to implement and review as requiredMonitor own progress against development plan and measure impact of results

Minimum Qualification

Grade 12Degree in LLB/Auditing3 - 5 Years' Experience in a similar environment, of which 1 to 2 years ideally at a junior specialist level

Additional Knowledge

Industry Expertise – Compliance Specialists must be authorities in the industries in which they work and often have a history of working in the industry in another capacity before becoming Compliance Specialists.Deep Knowledge of RegulationsInterview, Investigation and Auditing SkillsJob Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

16/02/25

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.