Segment Compliance Monitoring Head page is loaded Segment Compliance Monitoring Head Apply locations Johannesburg time type Full time posted on Posted Yesterday job requisition id R13174 Job DescriptionTo manage the Compliance Monitoring function in the business segments and to assist the Group Compliance Monitoring Head and Group Chief Compliance Officer to strategically lead, manage and deliver an integrated end-to-end Group Compliance Monitoring function across the Group in order to provide independent assurance to the Group Compliance Monitoring Head, the Group Chief Compliance Officer, Group Audit Committee, Board and Regulators in accordance with the relevant laws and regulations, applicable codes of conduct aligned to leading practices in all countries where it conducts business, or has business relationshipsDraw up a budget aligned to tactical delivery plans to facilitate the provision of adequate financial resourcesApply a customer-centric approach that focuses on creating a positive experience for the customer by maximizing service and/or product offerings and building relationships to ensure that the customer is at the centre of the business philosophy, operations and ideasEnsure integrated view and reporting of relevant business informationAnalyse information to identify trends, discrepancies and inconsistencies for decision making purposesEnsure reporting of identified inconsistencies or opportuntiesUse the insights gained through integrated business reports to measure success and realign tactical strategy implementation objectives appropriatelyEstablish and maintain good working relationships with the regulator - FCA, PRA and any other relevant bodiesEnsure that a robust culture of compliance exists across the client and its subsidiariesProvide guidance in the design and implementation of operational procedures to remediate any regulatory, conduct and reputational risks discovered during monitoring reviewsAssist in the investigation and address any customer complaints in conjunction with the Legal teamMonitor Financial Promotions and InvestmentDocumentation to ensure that it is clear, fair, and not misleading and is suitable for the target client baseLiaise with the regulatory investment compliance team and Financial Crime Compliance teams to ensure that teams are adequately resourced to address compliance and regulatory risks and changesEnsure that applicable staff are FCA and PRA registeredMonitor the staff dealing logBrainstorm, identify, implement and drive innovative best practice ideas within the organisation to ensure increased efficienciesCreate and participate in specialist communities of practice and represents the organisation at Group and industry level to share best practice insights and solutionsDrive strategic projects, change management and platform integration across operationsLeverage Group capability to exploit opportunitiesEnsure and encourage adherence to an operational framework of policies and proceduresImplement compliance programmes, processes, and procedures in support of laws and regulationsEnsure that operations are monitored and audited, including, systems in place to detect compliance violations in high-risk, transactional activities, red flag indicators and metrics for compliance risksEvaluate the effectiveness of business unit processes and other controls that exist to ensure compliance with laws, regulations, policies, and proceduresOversee and manage the monitoring of business unit conduct (e.g., for violations of applicable laws, regulations, policies, and procedures)Manage critical projects including incident and crisis management to ensure that the incident management plan is executed in a timely mannerEnsure compliance with the requirements of BusinessContinuity and Issues Management programmesCollaborate with business units to perform periodic reviews of compliance effectivenessCompile and submit compliance-related reports to various regulators, as and when requiredReport to regional and international executives on all compliance related mattersWork closely with internal audit team and Head of stakeholder Engagement on the audit findings and regulatory issues and updatesLead and participate in compliance related system and operations development projectsCollaborate with the Legal and CorporateInvestigations departments on all joint ventures and/ or related mattersRespond to compliance and due diligence questionnaires from clients and prospectsParticipate with the business unit in self-assessments / audits, incl. data privacy and compliance-related assessments and other reviewsProvide subject matter expertise and thought leadership inarea of expertise.Demonstrate leadership behaviour through personal involvement, commitment and dedication in support of organisational valuesDevelop, encourage and nurture collaborative relationships acrossbusiness areas and across the groupManage team or teams in areas of responsibility in delivery against performance targets and achievement of wider human capital objectives#Post#RMB#LI-JN1 Job Details Application Closing Date28/05/24 All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. Similar Jobs (2) Compliance Monitoring Manager-2 locations Johannesburg time type Part time posted on Posted Yesterday Compliance Officer locations Johannesburg time type Full time posted on Posted 6 Days Ago Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ . About UsA leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. RMB’s talent is expected to be high performing whilst fixing for real-world challenges such as funding the green economy through sustainable finance transactions; unlocking transformation with innovative BEE deals; providing financial and strategic support to management teams in the unlisted sector; financing infrastructure that will uplift economies and improve the lives of millions of people – all of this is about thinking big.If you are invested in making a difference on a serious scale, RMB is where you should build your career and explore new ways to contribute to a better world.#J-18808-Ljbffr