Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that 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. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

To enable the execution of Compliance Risk Management processes and activities within Personal and Private Banking Credit SA, 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. 

Regulatory Compliance:

• Ensure strict adherence to financial regulations and governance standards.
• Oversee credit lending methodologies, arrear collections, customer restructures, and indulgence programs.
• Maintain operational integrity and regulatory compliance within the financial services sector.

Risk Mitigation:

• Identify, anticipate, and mitigate compliance risks.
•  Ensure robust and effective compliance measures across all lending operations.

Audit Management:

•  Act as the central point of communication between business units and internal/external audit teams.
•  Ensure audit gaps are clearly articulated and remediated promptly.

• Degree in Audit, Business Commerce, Legal or related 

Experience Required
Business Enablement
Compliance

• 5-7 years - The role requires an expert in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to Credit SA as well as a solid understading of banking products and activities.
• Seasoned professional with exceptional understanding of financial regulations and governance practices associated with credit lending products. 
• Technical knowledge of systems, processes, and scorecards within the Group 
• Strong legislation knowledge in the following: 
  • National Credit Act 
  • Customer Protection Act 
  • Competition Act 

Behavioural Competencies:

• Articulating Information
• Convincing People
• Documenting Facts
• Empowering Individuals
• Establishing Rapport
• Exploring Possibilities

Technical Competencies:

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