Head of Compliance Jobs in Gaborone at Stanbic Bank

The Compliance division is responsible for supporting the Head of Africa Compliance, the Group Chief Compliance Officer and the embedded business risk management function to discharge their responsibilities relating to the compliance risk management process as required by relevant regulatory requirements, applicable codes of conduct and minimum standards.

Job Purpose

The purpose of the job is as follows:

To maintain and develop a thorough understanding of the relevant regulatory requirements applicable to the Bank that he/she represents as a Compliance Officer; thereby facilitating the establishment of a compliance culture.
To provide advice and guidance to the Bank
To develop and build relationships with key stakeholders, being the Business, Compliance, Enabling Function (‘EF’) and other support areas.
Ensure alignment and where possible, consistency, across the Bank, Africa and the Group.

Key Responsibilities/Accountabilities

The key responsibilities are as follows:

Analyse & identify compliance risks, processes & controls and provide advice to management, relevant committees, within the Bank and Business Areas and the embedded business risk management function and employees, in order to effectively manage compliance issues.
To attend and participate in appropriate committees, meetings, business processes and initiatives to ensure that any compliance requirements are appropriately considered.
Provide assistance and advice on compliance issues specific to the Bank and Business areas (new businesses, products, and other initiatives such as projects).
Advise on Compliance related Legislation affecting the respective Bank and Business Areas;
To facilitate a comprehensive and up to date understanding of the status of compliance and regulatory matters. (including compliance requirements in regard to the Group Compliance Standards)
Actively assist in the completion of the annual Governance Standard Compliance Risk Management review for the Bank and Business Areas.

Preferred Qualification and Experience

Preferred qualifications and experience required are as follows:

Relevant tertiary qualification.
Comprehensive understanding of the regulatory and business environment of the private and retail banking industry.
Solid understanding of the Banks needs and ability to translate them into risk management solutions.
On-going awareness of regulatory requirements which relate to the Bank’s business as well as compliance best practices and trends.
Minimum 4 years’ experience in financial services, of which 3 years in Compliance.