Regulatory Risk Specialist Ii

About us, purpose, experience and qualifications
**about us**:
- make a promise
- be deeply invested
- value our differences
- build trust, not territory
- have courage
- always do the right thing
**purpose**:
To provide robust assurance of the level of compliance to regulatory requirements by monitoring processes and related controls in accordance with compliance methodology and minimum standards.
**experience and qualifications**:
- BComm Degree or Advanced Diploma.
- Certificate in Compliance/Risk Management.
- At least 3 years’ experience in a risk management function, preferably in a financial institution.
- Able to assess and interpret exceptions to the rule.
- Should have a good understanding of South African regulations (If limited to SA specification).
- Audit or monitoring experience will be an advantage.
- **additional requirements**:
**responsibilities**:
- Cultivate and manage objective working relationships with a variety of stakeholders.
- Build and sustain collaborative working relationships with relevant.
- peers and stakeholders in order to achieve productivity synergies.
- Build and sustain collaborative working relationships with relevant peers and stakeholders in order to achieve productivity synergies.
- Facilitation of risk assessment and evaluation of the effectiveness of established controls and to provide adequate, effective and efficient risk management controls.
- Ongoing monitoring of business compliance to the control frameworks, reporting and escalation of incidents of non-compliance including follow up on implementation of agreed corrective measures.
- Utilise root cause analysis to understand issues across the business and monitor reviews, conduct trend analysis and determine impact across portfolios.
- Performing audit testing and completing documentation of planning, testing and findings made in line with the Compliance methodology.
- Create reports summarising major findings, issues and outstanding remediation items, identify risks and controls.
- Advise on and provide support to stakeholders in relation to the execution of the practice relevant legislation, frameworks, processes and tools. Providing expert input to committees on compliance related matters to ensure informed decision making.
- Provides an advisory service and consults with business in order to recommend controls and processes to ensure legislative compliance.
- The development and implementation of compliance related campaigns in order to create awareness of the importance of compliance as well providing staff and business with knowledge and skills related to compliance.
- Continuously assess own performance, seek timely and clear feedback and request training where appropriate and needed.