Divisional Head: Compliance and Enforcement

Full Time
Posted 1 year ago

Brief description:

To manage and oversee the Compliance & Enforcement Division within the Financial Surveillance Department ensuring effective investigation of alleged contraventions of the provisions of the Exchange Control Regulations, recoup capital exported in contravention and 419 fraud schemes as well as enforce anti-money laundering legislation in respect of ADLAs..

Detailed description:

The successful candidate will be responsible for the following key performance areas:

To provide input into the departmental operational plan aligned to the company strategy, communicate and clarify the vision and strategic goals of the company and department to own team

To take accountability for the development and compilation of divisional operational plans and budget aligned to the FinSurv Department and the Bank; as well as the implementation and monitoring thereof

To identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks

To propose policy recommendations to FinSurv senior management, GEC and/or National Treasury and make necessary recommendations for approval, including the drafting and amending of existing legislation

To clarify performance expectations and roles for staff within the division, prioritise work, manage resource utilisation & quality of deliverables as well as control cost

To develop policies, procedures and systems requirements, set boundaries within which own staff members work and ensure alignment with related functions and organisational value chain

To lead the Compliance and Enforcement Division with set, achievable objectives and targets

To lead and manage internal and external stakeholder relationships at various levels of seniority, ensuring compliance with Exchange Control Regulations and Rulings and The Financial Intelligence Centre Act (the FIC Act)

To manage the performance of staff, promote and support career management and development

To ensure continuous improvement in the delivery and functioning of the Compliance and Enforcement Division.

Job requirements:

To be considered for this position, candidates must be in possession of:

A minimum of an Honours Degree in Law or Commerce or Forensics (in auditing or accounting field)
At least 5 year management experience

Job-related skills and attributes:

Establishing Focus
Leading Change
Developing and growing others
Driving results
Strategic thinking
Analysis and problem solving
Impact & Influence
Judgement and decision making

All applicants are required to enclose a covering letter stating why they are applying for the role and the value that they think they can add to the position.

Job Features

Job CategoryBanking

Apply Online

A valid phone number is required.
A valid email address is required.