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06-Sep-2024 |
13-Sep-2024 |
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| Permanent position in the Professionals sector/job category. |
Monitoring and Reporting on adherence to Statutory and policy obligations
Determine and advise the level of Compliance within each assigned business unit and entity within the Group
Develop and implement a monitoring plan based on identified areas of risk and as per routine required as well as from receipt and analysis of findings from Internal Audit
Prepare reports on same within timeframes
Advise Line Management and compliance champions of deficiencies and recommend corrective action
Maintain an issues log of deficiencies and monitor the implementation of corrective action
Report instances of non-adherence to the Group Compliance Officer
Prepare the necessary Compliance reports for submission to the various regulators and the Executive and other committees within the Group as requested by the Group Compliance Officer
Analysing Statutory requirements and Providing Advice
Determine all relevant laws and regulations pertaining to the activities of the Group
Develop/review risk management plans in accordance with best industry compliance practice
Regularly engage with and advise the business of the relevant regulatory requirements in order to determine the necessary controls and ensure update or amendment of operational procedures
Analyse and advise on adequacy of controls to Line Management
Consult widely with regulatory bodies and industry on interpretation and application of laws and regulations as and when requested by the Group Compliance Officer
Programme Delivery
Project management of strategic compliance initiatives under the Market Conduct Programme
Prepare the necessary project reports for submission to the various governance forums within the Bank
Draft compliance policies and guidance documents
Draft and maintain compliance policies and manuals for approval by the Board as requested by the Group Compliance Officer
Ensure that standard policy and process documents are in place in the various business units and that these are regularly reviewed and updated
Creating awareness of legislative requirements and ensuring that staff are aware of and competent in all aspects of Compliance, inter alia through; conducting presentations,
Issuing compliance alerts, Publishing documentation on the intranet & Drafting communication and advice for internal use
Advise Training Department of required training interventions in respect of new or amended laws and regulations, prepare training material as required and monitor educational outcomes
Prepare information for the Group Compliance Officer for presentation at various levels within the organisation including to the Board, Executive and Divisional Management on developments in the regulatory environment
Customer
Create and maintain productive relationships with internal and external clients by providing advice and assistance.
Create understanding of the ‘real’ versus ‘perceived’ need through, experience and expertise while complying with company policies, legislation and regulations.
Keep the client informed about progress through written communication, telephone communications and/or face to face meetings
Build a positive image by exceeding client expectations at all times
Treat internal and external customers fairly at all times
Communicating with Regulatory Bodies
Liaise with and report to regulatory authorities as determined by the Group Compliance Officer
Consult widely with such regulatory bodies on interpretation, application and level of adherences to laws and regulations
Manage and assess the quality of regulatory reporting
Respond to any enquiries from the regulatory bodies
Liase with business regarding special requests from Regulators and -facilitate corrective action where required
Coordinate and facilitate on site regulatory audits whenever requested
Prepare Information for the Board on relevant regulatory interaction as requested by the Group Compliance Officer
Professionalism and teamwork
Ability to engage with and work supportively with team members
Ability to add value to the efficiency of the division through process and systems enhancement including documenting and implementing enhancements
Ability to inspire team members by setting an example of professional behaviour including quality of work, meeting deadlines, communicating timeously with stakeholders, giving feedback, working additional hours where required through deadlines or urgent issues to be attended
Other/general
Assisting the Group Compliance Officer or designate with any other requirements relating to the Group Compliance function’s roles and responsibilities |
| You applied for this position on . |
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04-Sep-2024 |
11-Sep-2024 |
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| Permanent position in the Professionals sector/job category. |
MINIMUM EDUCATION
B COMM/FINANCIAL QUALIFICATION, MBA and added advantage
MINIMUM EXPERIENCE
Between 8–15 years’ experience in the Financial
And/or Professional Services Industries with a deep understanding of the Public Sector and Banking Environment. Sales, advisory services and relationship management are essential capabilities
KEY RESULT AREAS
Regulatory Compliance
• Ensure compliance with FICA, FATCA, POPI, FAIS/TCF, PFMA/MFMA, PRECA
• Ensure all internal audit outstanding matters are resolved.
• Ensure that there is no non-compliance that may result in regulatory fines.
Client Administration
• Manage client queries in an efficient manner and ensure all queries and client requests are attended to timeously, ensuring client satisfaction at all times.
• Control and coordinate all aspects of a deal, ensuring the timeous and smooth conclusion of the transaction.
Managing And Growing Client Relationships
• Effectively manage, maintain and strengthen client relationships.
• Continuously provide clients with the necessary support and assistance, always ensuring the highest level of service and client satisfaction.
Managing Strategic Internal Relationships
• Effectively manage, maintain and strengthen internal relationships.
• Provide the relevant departments with the required information, assistance and support to ensure the prompt conclusion of new transactions and the smooth running of existing loans with the Bank
Managing Existing Deposits and Loan Book
• Source new clients for the Deposits and Corporate Lending division and ensure growth of the existing loan book.
• Negotiate transaction terms with potential clients while analysing transactions accurately.
• Communicate with these potential clients timeously while looking after the best interests of the Bank.
• Attend to all aspects of the deal making process and the maintenance of sound and effective business transactions until take on of client on the loan book.
• Achieve target in respect of fee income, advances growth and net interest income in line with budget.
Management of the operational function within the Lending Division
• Management of the operational team.
• Ensure that all internal (audit, compliance and credit) and external (all client related operational queries) requires are met.
CRITICAL COMPETENCIES
• Relationship Management c-suite and Board level (CFO, Treasurer, DG/CEO)
• Deep Problem-solving skills
• Deal structuring
• Effective Client negotiating skills
• Excellent client services
• Analytical thinking
• Effective communication skills
• Accountability
• Leadership and Managing staff
BEHAVIOURAL ATTRIBUTES
• Attention to detail (conscientious, consistent and thorough)
• Client focus (providing service excellence to internal and/or external clients)
• Strategic thinking (contributes to the objectives, priorities and vision of the organisation)
• Teamwork orientated (builds bridges between teams, works collaboratively to achieve results)
• Organisational awareness (understands and operates in a broad spectrum- political, cultural and social)
• New business (constantly networking and encouraging the sourcing of new clients and new business for the Bank)
• Ability to collaborate with cross functional teams across the bank to contribute to the conceptualisation, crafting and effective delivery of client solutions
SPECIAL REQUIREMENTS
Deep understanding of the Public Sector
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04-Sep-2024 |
11-Sep-2024 |
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| Permanent position in the Professionals sector/job category. |
Qualifications
Bachelor’s degree in finance, Economics, Statistics, Business, Mathematics, Accounting, Engineering, Computer Science, MBA
Experience
Minimum of 5 years’ experience in credit risk management with at least 2 years of managerial experience
KEY RESULT AREAS
Framework and Policies
• Develop policies, procedures and guidelines for the facilitation of credit risk management
• Keep abreast of new industry developments within the unsecured loan and credit environment.
• Provide oversight in credit strategy formulation to ensure achievement of lending related business objectives.
Risk Appetite for Business Banking
• Formulation, aggregation, and cascading of the Risk Appetite for Credit Risk
• Monitor, report and oversee the remediation of breaches thereof.
Credit Risk Monitoring for Business Banking
• Oversee the execution of all credit activities, covering credit granting, loan management and monitoring, credit analytics and all collection activities.
• Review and ensure compliance with approved credit framework and supporting policy suite.
• Develop core triggers to proactively manage credit risk.
• Perform scenario analysis of the bank’s loan book to determine the impact of stressed periods on credit risk.
• Conduct risk assessments on new products and partnerships
• Determine appropriate methodologies for delinquency, NPL, and loss forecasting
• Oversee and approve the determination of the Expected Credit Loss in alignment with IFRS 9.
• Ensure the accuracy and reliability of risk models and metrics used for measuring financial exposures and assessing risk concentrations
• Develop approaches and review assumptions across risk methodologies, with emphasis on the Bank’s wholesale credit risk
• Building risk awareness amongst staff by providing support and training within the bank
Credit Risk Reporting for Business Banking
• Lead the timeous preparation of various reports that are required to be presented to various governance structures relating to the Group’s loan portfolio.
• Quality assures these reports in terms of accuracy and completeness.
• Publish and distribute reports to the relevant users.
• Design and develop new standard reports.
• Present reports to various committees.
• Enhance the automation of reporting to improve compliance with RDARR
• Ensure the availability, quality, and integrity of data used for financial risk management purposes by implementing robust data governance frameworks and data management practices
Regulatory for Business Banking
• Ensure that the Group complies with legislative and regulatory requirements in the conduct of its lending activities.
• Ensure compliance with legal and regulatory requirements with respect to reporting obligations pertaining to the lending portfolio.
• Lead regulatory and industry body engagements relating to Credit Risk.
Financial and People Management
• Manage and develop subordinate(s): Performance management in terms of contracting, reviews and poor performers, Training and development, Employee relations
• Manage people efficiencies through leave management, headcount budget, fixed term contracts, staff movements, secondments, staff utilization
• Take appropriate disciplinary measures as required
• Facilitate induction of new staff within one month of joining the organization
• Ensuring business continuity by crossing skilling employees
• Perform technical reviews on tasks performed by employees
• Promote awareness and ensure adherence to all policies and procedures
• Promote proactive risk management amongst team members
Stakeholder engagement and Committees
• Engage with internal stakeholders, including business units, senior management, and risk committees, to assess risk appetite, develop risk mitigation strategies, and support business initiatives
• Foster open communication and collaboration between the financial risk management team and other departments, such as finance, compliance, internal audit, and legal, to address risk-related issues and concern
• Participate in risk committees, such as the Risk Management Committee (RMC) or Asset and Liability Committee (ALCO), to provide insights into financial risks, portfolio performance, and risk management practices
• Co-ordination of committee activities including liaising with other divisions to put together packs, creating workplans for committees and improving on reporting
• Ensure attendance at BASA meetings
• Address stakeholder concerns and feedback in a proactive and constructive manner, demonstrating responsiveness and accountability in risk management and governance matters
Ad hoc
• Deliver on ad hoc requests
Job Specific Requirements.
• Proficient in Microsoft Office Suite.
• Modelling skills
• Extensive understanding of Banking regulations.
• Excellent analytical skills.
• Excellent communication and leadership skills
• Advanced mathematical skills.
• Good interpersonal skills.
• Detail orientated.
• Accountability.
• In-depth knowledge of performance metrics
• Organizational and time-management skills
• Decision-making skills
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