Head, Compliance, The Standard Bank of South Africa Limited, Isle of Man Branch

To lead the execution of Compliance Risk Management processes and activities within a Tier 3 Country 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 Qualification: 

• First Degree in Audit
• First Degree in Legal
• First Degree in Risk Management

Experience Required :

• 3 - 4 years experience in Business Enablement
• Experience and a solid understanding of the relevant banking environment including the associated products and activities specific to area in which this role is responsible.
• 8-10 years experience
• The role requires a seasoned 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 understanding of banking products and activities. To drive an effectively compliant function, an influential leader is required with a proven track record in leading a Functional team of Compliance resources.

Key Outputs :

• Analyse the operational activities within the SBSA IOM Branch to identify compliance risks and therefore ensure adherence to the relevant Standard Bank Group compliance frameworks and standards.
• Build and maintain effective relationships with the country regulators and stakeholders on all areas of responsibility.
• Develop, track and report on the progress of the compliance monitoring plans for the SBSA IOM Branch in order to identify significant compliance breaches, exposures and potential areas of improvement.
• Drive customisation and maintain generic risk management plans (RMPs) to ensure it is appropriate within the regulatory context of the specific country.
• Guide the adherence to the data model across the compliance team to ensure the collection, capturing and management of data adheres to the required data standards and policies.

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Convincing People
• Developing Strategies
• Directing People

Technical Competencies:

• Evaluation of Internal Controls
• Financial Acumen
• Financial Industry Regulatory Framework
• Legal Compliance
• Process Governance
• Risk Awareness

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