Business Compliance Officer - Douglas, United States - Standard Bank of South Africa Limited
Description
To enable the execution of Compliance Risk Management processes and activities within a specific business/functional area, to ensure that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation and enable the competitive advantage of the organisation.
Minimum Qualifications
Degree in either Audit, Legal or Business Commerce
Experience Required
The role requires an expert in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area as well as a solid understading of banking products and activities.
Additional Information
Analyse the operational activities within a functional area to identify compliance risks and therefore ensure adherence to the relevant Standard Bank Group compliance frameworks and standards.
Complete and maintain a Business Unit specific Regulatory Universe to effectively enable the organisations adherence to the required legislative requirements.
Customise and maintain generic risk management plans (RMPs) to ensure it is appropriate within the regulatory context of a specific functional area.
Keep abreast of and analyse regulatory and legislative developments, applicable across the business unit in order to deliver expert advice to relevant stakeholders.
Provide advice to management, employees and relevant committees, within a functional area, regarding the regulatory universe, relevant compliance frameworks underpinning their operations and any other regulatory developments, to ensure that the area can comfortably manage compliance risks and conduct business in a compliant manner.
Please note:
All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on or
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