About Company
Standard Bank Group is a leading African financial services organisation with a heritage of over 160 years. We operate in 20 countries across Africa and other key markets globally, driving growth and prosperity on the continent. Our purpose, ‘Africa is our home, we drive her growth,’ underpins our commitment to making a tangible difference in the lives of our customers and communities. We are dedicated to building a sustainable future, fostering innovation, and maintaining the highest standards of ethical conduct and regulatory compliance in every aspect of our operations. Join a team that values integrity, collaboration, and continuous development.
Job Description
Are you a meticulous and experienced compliance professional with a strong understanding of the regulatory landscape governing financial institutions? Standard Bank is seeking a dedicated and proactive Compliance Officer to join our dynamic team in Pretoria, Gauteng. In this critical full-time role, you will be instrumental in upholding our commitment to regulatory excellence and ethical conduct. You will be responsible for providing expert guidance on compliance matters, monitoring adherence to internal policies and external regulations, and ensuring that Standard Bank operates within the bounds of all applicable laws, rules, and standards. This position offers a unique opportunity to contribute to the bank’s operational integrity, protect its reputation, and foster a culture of compliance across various business units. The ideal candidate will possess a robust analytical mindset, exceptional communication skills, and the ability to navigate complex regulatory frameworks with precision. Join us in shaping a secure and compliant financial future for Africa. We are looking for someone who thrives in a fast-paced environment and is passionate about ensuring the highest standards of regulatory oversight. Your work will directly impact our ability to serve our customers responsibly and sustainably, mitigating risks and ensuring trust.
Key Responsibilities
- Develop, implement, and maintain comprehensive compliance policies and procedures in line with local and international regulatory requirements (e.g., FIC Act, POPIA, FAIS, AML/CFT).
- Conduct regular risk assessments and compliance reviews across various business units to identify potential areas of non-compliance and recommend corrective actions.
- Provide expert advice and guidance to business stakeholders on complex regulatory matters, new product development, and operational changes to ensure compliance from inception.
- Monitor regulatory developments and legislative changes, assessing their impact on the bank's operations and updating internal policies accordingly.
- Prepare and submit regulatory reports to relevant authorities accurately and within stipulated deadlines.
- Coordinate and facilitate internal and external compliance audits, ensuring timely provision of information and follow-up on findings.
- Deliver training and awareness programs to employees on compliance policies, procedures, and ethical standards.
- Investigate and report on compliance breaches, ensuring appropriate remedial actions are taken and documented.
Required Skills
- Minimum 4 years of experience in a compliance role within the financial services industry.
- Solid understanding of South African financial regulatory frameworks (e.g., SARB, Prudential Authority, FSCA, FIC).
- Proven ability to interpret complex regulations and translate them into practical business processes.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong written and verbal communication skills, with the ability to articulate complex issues clearly and concisely.
- High level of integrity, ethical conduct, and attention to detail.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
Preferred Qualifications
- Bachelor's degree in Law, Commerce, Finance, Risk Management, or a related field.
- Relevant professional certification (e.g., CAMS, CIPP/SA, Compliance Institute of South Africa).
- Experience with compliance management systems and technology solutions.
- Postgraduate qualification in a relevant discipline.
Perks & Benefits
- Competitive remuneration package aligned with experience and industry standards.
- Comprehensive health and wellness benefits, including medical aid and provident fund.
- Opportunities for professional development and continuous learning through internal and external training programs.
- Performance-based incentives and bonus structures.
- Access to a dynamic and supportive work environment within a leading financial institution.
- Employee banking benefits and preferential rates.
How to Apply
Interested candidates are invited to apply directly through the Standard Bank careers portal. Please click on the application link below to submit your detailed CV and a cover letter outlining your relevant experience and why you are the ideal candidate for this role. We look forward to reviewing your application.