Work-Force
Compliance Business Banker position available. About the Role: Are you a strategic thinker with a passion for compliance in the banking sector? We’re seeking an experienced Compliance Manager who thrives in the dynamic world of Commercial and Business Banking. This role involves developing and implementing compliance strategies and processes to ensure adherence to regulatory requirements and best practices.
Key Responsibilities:
- Compliance Strategy and Implementation:
- Develop and implement strategies and operational processes for Business Bank to ensure effective compliance risk management.
- Ensure compliance with legislative requirements, particularly Regulation 49 of the Banks Act.
- Facilitate adherence to relevant regulatory requirements, codes of conduct, and minimum standards.
- Compliance Management:
- Oversee compliance within Business Bank, ensuring that all regulatory requirements are met.
- Enhance the compliance culture by staying updated on regulatory requirements and best practices applicable to the bank.
- Team Management:
- Manage a team, providing guidance and support to ensure compliance objectives are met.
- Foster a culture of compliance within the team and across the organization.
- Regulatory Understanding:
- Develop and maintain a thorough understanding of the regulatory environment, including global best practices.
- Interpret legislation and apply it effectively in the Commercial/Business Banking environment.
- Monitoring and Reporting:
- Implement monitoring principles and practices to ensure ongoing compliance.
- Report on compliance issues and risks to senior management, and recommend improvements as needed.
Education and Experience:
- Experience:
- 5+ years’ experience in a compliance role, with practical application of relevant laws and regulations in the banking sector.
- Strong understanding of legal issues and the ability to interpret legislation within the Commercial/Business Banking environment.
- Experience with monitoring principles and practices.
- Previous experience managing a team (minimum of 2 years).
- Knowledge:
- Strong business knowledge and understanding of compliance within the banking industry.
- Exposure to global regulatory environments and best practice principles.
Skills:
- Strong strategic thinking and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to manage and lead a team effectively.
- Proficient in regulatory compliance and risk management.
Additional Information:
- Clear criminal and credit record.