Regulatory Compliance Manager

Description:

 Are you a seasoned regulatory compliance expert with a passion for navigating the intricacies of the banking world? If you're ready to take the lead in ensuring our compliance with a complex web of banking regulations, we want to hear from you! Our client is seeking an exceptional Regulatory Compliance Manager to join their dynamic team.Compliance Expertise: Leverage your experience in compliance and regulatory positions in the banking industry to provide expert guidance and ensure our adherence to a multitude of banking regulations.Regulatory Knowledge: Demonstrate your in-depth understanding of key legislations such as the FIC Act, POPI, FAIS, GDPR, EXCON Regulations, Conduct Standards, and other applicable laws that impact banks.Policy and Procedure Management: Take charge of updating Policy Procedure Manuals in response to regulatory and operational changes, ensuring we remain in compliance with the latest requirements.Training and Development: Conduct compliance training, keeping our team informed and updated on regulatory changes and policy requirements.Compliance Monitoring and Reporting: Play a crucial role in compiling and executing a compliance monitoring plan, as well as preparing reports for review by the Board of Directors.Compliance Activity Planning: Contribute to the formulation of an annual Compliance Activity Plan for approval by the Board of Directors, ensuring a proactive approach to compliance management.Risk Management: Review the Legislative Risk Matrix annually and provide valuable insights to the Board of Directors.Monitoring and Testing: Execute compliance monitoring and testing and provide actionable recommendations and action plans to maintain a high level of compliance.Risk Management Plans: Develop and update Compliance Risk Management Plans to proactively address potential compliance issues.Global Compliance Reporting: Assist in the submission of FATCA and CRS reports to the SARS and ensure compliance with new reporting requirements.KYC and Due Diligence Oversight: Manage and oversee the Re-KYC and Enhanced Due Diligence (EDD) processes, ensuring robust customer onboarding practices.Reporting Excellence: Prepare and submit all required reports to the Group and Audit Committee on a quarterly basis, demonstrating transparency and accountability.Quality Assurance: Regularly review the Compliance Monitor's functioning, quality of commentary, and timeliness of clearing, including conducting investigations and filing reports when necessary.Product and Delivery Channel Development: Provide guidance on new product and delivery channel development, ensuring they align with compliance standards.Regulatory Reporting: Assist in filing regulatory reports to the respective regulators, keeping us in good standing with all regulatory bodies.LLB qualification or similar, complemented by additional compliance-related courses/qualifications.5-7 years' experience in compliance and regulatory positions in a bank.An in-depth knowledge