Job Summary<\/p>\n
\tAssisting the Transactional Banking Compliance \u00a0team to formulate, update and implement policies and control procedures that will ensure adequate risk management to enable the Cash Management business; compilation of training material and facilitating training of relevant staff; adequately monitoring instances of non-compliance with the company\u2019s policies and procedures and generally establishing a compliance culture and creating an awareness of compliance through interaction with business as well as assisting in managing regulatory relationships.<\/p>\n
Job Description<\/p>\n
\tProviding proactive and responsive advisory support on compliance related matters facing the Pan Africa \u00a0Cash Management business
\n\tProactive and forward looking identification and management of regulatory risks facing the Cash Management business
\n\tTimely response to ongoing regulatory queries raised by stakeholders
\n\tAssisting in the drafting and implementing compliance policies and guidance relevant to the transactional banking business
\n\tReviewing capabilities and compliance for bespoke individual transactions
\n\tReviewing capabilities and compliance for new product launches and new business initiatives
\n\tDeveloping and providing compliance training and awareness to employees.
\n\tAssisting with reporting to Head of Compliance, Board, relevant committees, Executive Management, and key stakeholders to manage combined assurance as required.
\n\tAny additional salient second line of defense obligations.
\n\tThis role forms part of broader Transactional Banking Compliance team and Corporate Investment Banking Compliance function.
\n\tFacilitating Compliance training (Compliance Induction Training for New Joiners, periodic training for the Business) on a regular basis to ensure that they have adequate technical knowledge to understand the Compliance risk management framework that applies to the bank, as well as the Compliance risks to which the bank is exposed.
\n\tAssist and drive Compliance innovation streams and internal projects.
\n\tAny additional salient second line of defense obligations.
\n\tCompliance as the second line of defense provides Businesses and Functions with guidance, insight and independent challenge in relation to Compliance and Reputational Risk management.<\/p>\n
Knowledge & Skills<\/p>\n
\tKnowledge of and ability to interpret banking regulations
\n\tKnowledge of transactional banking products, operations activities, processes and controls
\n\tAbility to analyse information, interpret and give relevant guidance on applicable regulations, and make appropriate decisions.<\/p>\n
Competencies and qualities<\/p>\n
\tPersonal and interpersonal competence
\n\tEffective relationship building with stakeholders
\n\tCommercial effectiveness
\n\tRisk and control understanding
\n\tTakes accountability for work
\n\tProactive in driving solutions
\n\tDeciding and initiating action.
\n\tLearning and researching.
\n\tAdapting and responding to change.
\n\tPersuading and influencing.<\/p>\n
Education and Experience Required<\/p>\n
\tBachelor`s Degrees and Advanced Diplomas: Business, Commerce, Law and\/or Management Studies (Required)
\n\tCompliance advisory experience dealing with First Line functions (Preferred)
\n\tExperience within Payments and Cash Management
\n\tFAIS experience (Preferred)\u00a0<\/p>\n
Education<\/p>\n
\tBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( https:\/\/www.absa.africa\/absaafrica\/ ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"Absa Group Limited (Absa)","_company_website":"https:\/\/www.absa.africa\/absaafrica\/","_company_tagline":"Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond. We're a truly\u00a0African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique... read more, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania, and Zambia. Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":{"0":"post-9996","1":"job_listing","2":"type-job_listing","3":"status-expired","4":"hentry","5":"job_listing_region-gauteng","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/9996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=9996"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=9996"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=9996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}