Manager Business Support: Compliance, Money Laundering and FICA Standard Bank
PLEASE NOTE THAT PERFERENCE WILL BE GIVEN TO SOUTH AFRICAN CITIZENS.
To assist Personal and Business Banking (PBB) in complying with the various regulatory and compliance requirements as identified and agreed by the group. The role will encompass owning and driving the PBB Business view and interest in the various regulatory and compliance forums, initiatives and projects. This means acting as the first point of interaction between Business and the various compliance and regulatory functions internally and externally to the Bank with the objective being to ensure there is balance between the stated business strategies and the implemented compliance requirements.
The role will also provide business support to the Money Laundering and Control (MLC) function within PBB, including assisting with the implementation of strategic, project management and operational principles for effective management of the various compliance requirements including FICA, Enhanced Due Diligence (EDD), CTR and CPA across the PBB Channels and Product areas. The provision of an analytical framework for the monitoring of routine controls in the prevention of avoidable regulatory non-compliance also falls within the responsibilities of this role. This is to be achieved through well maintained dashboards to ensure a high level
• Certificate in Compliance Risk Management is an advantage
• Minimum 2 years experience in a regulatory role within the banking industry
• Sound knowledge knowledge of banking and banking practices
• Thorough knowledge of the Financial Intelligence Centre Act and its impact on the Bank.
• Understanding other regulations influencing financial services e.g. CPA
• Understanding of auditing principles
• Experience in project management principles
• Computer literate (MS Office)
It is South Africa's largest bank, distinguished by its extensive operations in 17 African countries. Outside the African continent, Standard Bank Group operations span to 15 countries, with an emerging market focus.
Customers benefit from our knowledge and expertise in emerging markets, coupled with our global outlook.
Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The group had total assets of over R1 341 billion(about US$202 billion) at 31 December 2010 and employed more than 53 000 (including Liberty) people worldwide. Standard Bank's market capitalisation at 31 December 2010 was R170 billion (about US$26 billion). Clic
To assist Personal and Business Banking (PBB) in complying with the various regulatory and compliance requirements as identified and agreed by the group. The role will encompass owning and driving the PBB Business view and interest in the various regulatory and compliance forums, initiatives and projects. This means acting as the first point of interaction between Business and the various compliance and regulatory functions internally and externally to the Bank with the objective being to ensure there is balance between the stated business strategies and the implemented compliance requirements.
The role will also provide business support to the Money Laundering and Control (MLC) function within PBB, including assisting with the implementation of strategic, project management and operational principles for effective management of the various compliance requirements including FICA, Enhanced Due Diligence (EDD), CTR and CPA across the PBB Channels and Product areas. The provision of an analytical framework for the monitoring of routine controls in the prevention of avoidable regulatory non-compliance also falls within the responsibilities of this role. This is to be achieved through well maintained dashboards to ensure a high level
Desired Skills & Experience
• 3 year degree (legal degree preferred)• Certificate in Compliance Risk Management is an advantage
• Minimum 2 years experience in a regulatory role within the banking industry
• Sound knowledge knowledge of banking and banking practices
• Thorough knowledge of the Financial Intelligence Centre Act and its impact on the Bank.
• Understanding other regulations influencing financial services e.g. CPA
• Understanding of auditing principles
• Experience in project management principles
• Computer literate (MS Office)
Company Description
Standard Bank Group is a global bank with African roots involved in investment and retail banking.It is South Africa's largest bank, distinguished by its extensive operations in 17 African countries. Outside the African continent, Standard Bank Group operations span to 15 countries, with an emerging market focus.
Customers benefit from our knowledge and expertise in emerging markets, coupled with our global outlook.
Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The group had total assets of over R1 341 billion(about US$202 billion) at 31 December 2010 and employed more than 53 000 (including Liberty) people worldwide. Standard Bank's market capitalisation at 31 December 2010 was R170 billion (about US$26 billion). Clic
Additional Information
- Posted:
- March 23, 2012
- Type:
- Full-time
- Experience:
- Mid-Senior level
- Functions:
- Legal
- Industries:
- Banking
- Compensation:
- Market Related
- Job ID:
- 2752348
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