Compliance Monitoring Manager - Standard Bank in Gauteng

Job Title: Manager, Compliance Monitoring (Standard Bank of South Africa)

Ref No: # 1500477/4094
Location: South Africa Gauteng (South Africa)
Salary: Market Related Salary
Benefits:
Medical aid,
Retirement fund,
Funeral cover,
Performance bonus,
Preferential rates on Products and services..

Job purpose:
A member of the Compliance Monitoring function supporting the provision of assurance to the Group Chief Compliance Officer and thereby the Group Audit Committee, the Board and Regulators that the bank is conducting its business in accordance with:
Relevant laws and regulations,
Applicable codes of conduct and
Acceptable business practice.
To continuously monitor compliance with laws and regulations by the organisation and thereby facilitate the establishment of a compliance culture in the organisation that contributes to prudent risk management
To assist in the prevention of regulatory sanction through the early identification of potential areas of non-compliance
To provide guidance to management in developing remediation programmes that ensures adherence to regulatory requirements.

Key responsibilities:
Provide input into annual planning coverage
In alignment with methodology execute Compliance reviews which are Strategic, Thematic and Structural, to deliver the required level of assurance
Regularly follow-up on issues raised in reviews to ensure successful resolution
Perform portfolio management activities including maintaining relationships with other assurance providers and Business Compliance Officers
Understand the business in order to effectively identify risks

The ideal candidate will have the following competencies:
Ability:
Ability to meet deadlines in a pressurised environment
Working knowledge of commonly used audit software
Auditing

Experience:
Minimum overall experience within the banking or financial services sector of three years
Minimum experience in either a Retail or Corporate & Investment Banking environment of two years
Minimum of one year internal or external auditing experience or compliance monitoring experience
Experience as a compliance officer in either a Retail or Corporate & Investment Banking business area would be an advantage

Knowledge:
Certificate in Compliance Risk Management and / or Money Laundering Control or Diploma in Advanced Banking would be an advantage
Appropriate commercial / auditing qualifications completed at the undergraduate degree level
Working knowledge of the phases of:Compliance risk management &
Must demonstrate an understanding of Risk Management within the banking environment.
Must demonstrate an understanding of compliance risks within Corporate & Investment Banking environments.

How to apply:
http://standardbank.careerjunction.co.za/car/job/jobvuw.asp?p=1&adno=1500477&pageno=A&adv=-1&inf=0&comtype=3&comloc=-1&reczoneNo=-1&cofilter=0&cokeywords=0&cotype=all&reu=1&refer=car

Deadline: 16 May 2013