Head of Advisory and Regulatory Compliance (m/f)

Job Summary

The Head of Advisory and Regulatory Compliance is responsible for leading the advisory and regulatory compliance functions within the bank, ensuring strict adherence to all relevant laws and regulations. This role involves developing and implementing comprehensive compliance policies and procedures, providing strategic advice to business units, and overseeing regulatory reporting. The Head of Advisory and Regulatory Compliance conducts thorough risk assessments, manages compliance audits, and ensures effective communication with regulatory bodies. They support the Chief Compliance Officer in aligning the compliance strategy with the bank’s overall objectives and lead a team of compliance professionals. This position requires a deep understanding of regulatory frameworks, strong leadership
skills, and the ability to navigate complex compliance challenges. Additionally, the role involves fostering a culture of compliance within the organization, ensuring that all business activities are conducted in accordance with regulatory requirements and internal policies. The Head of Advisory and Regulatory Compliance plays a critical role in safeguarding the bank’s reputation and ensuring its long-term success.

Job Description

• Develop and implement policies to ensure compliance with all relevant laws and regulations.
• Oversee the preparation and submission of regulatory reports.
• Monitor and manage the impact of regulatory changes on the business.
• Demonstrates a strong ability to assess the effectiveness of compliance processes and proactively identify potential risks, ensuring timely mitigation.
• Exhibit quick thinking and adaptability in understanding and responding to complex regulatory requirements.
• Maintains a clear understanding of personal strengths and weaknesses, using this insight to improve performance and decision-making.
• Effectively navigates uncertain and complex regulatory environments, making sound decisions despite incomplete information.
• Provide strategic compliance advice to business units.
• Develop and update compliance policies and procedures.
• Conduct risk assessments to identify and mitigate compliance risks.
• Demonstrates the ability to achieve desired outcomes efficiently and effectively, even in challenging situations.
• Communicates confidently and persuasively, ensuring that compliance requirements are clearly understood and adhered to.
• Shows determination and tenacity in overcoming obstacles and achieving compliance objectives. · Conduct and oversee compliance audits to ensure adherence to internal policies and regulatory requirements.
• Develop and maintain a robust compliance control framework.
• Manage and report compliance incidents and breaches.
• Demonstrate resilience and steadfastness in maintaining high compliance standards, even under pressure.
• Adapts quickly to regulatory changes and ensures that compliance processes are updated accordingly.
• Communicate compliance updates and initiatives to internal stakeholders.
• Liaise with regulatory bodies and other external stakeholders.
• Develop and deliver compliance training programs for staff.
• Builds strong relationships with stakeholders, effectively managing diverse perspectives and fostering collaboration.
• Ensures clear and confident communication of compliance requirements and expectations.
• Lead and mentor the compliance team.
• Implement performance management processes.
• Develop and implement succession plans for key compliance roles.
• Understands and leverages personal strengths and areas for development to lead the team effectively.
• Guides the team through uncertain situations with confidence and clarity.
• Contribute to the development and implementation of the compliance department’s strategic plan. · Identify and implement innovative solutions to enhance compliance processes.
• Develop and track key performance indicators (KPIs) to measure the effectiveness of compliance activities.
• Continuously assesses and improves compliance processes to ensure they are efficient and effective.
• Quickly grasps new concepts and adapts to changing regulatory landscapes.
• Focuses on achieving strategic goals and delivering high-quality outcomes.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

End Date: March 28, 2025

Marcado como: Banco Absa