Job Description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

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.

Qualifications

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.

Additional Information

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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