Compliance Coordinator - Npsd

Detailed description

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

• Plan and coordinate compliance risk assessment workshops with departments and develop compliance monitoring plans for priority 2 and 3 legislation.
• Develop and maintain compliance risk management plans for applicable priority 2 and 3 regulatory requirements, and capture and document controls for the Risk Management and Compliance Department (RMCD) as a priority.
• Analyse and document management controls during the compliance risk assessment workshops and capture them in the compliance management system.
• Develop compliance monitoring procedures for priority 2 and 3 legislation.
• Draft compliance monitoring reports for priority 2 and 3 legislation.
• Collate, consolidate, update and maintain the NPSD regulatory universe.
• Track and monitor management action plans arising from compliance risk assessments and compliance monitoring exercises.
• Draft and contribute to the NPSD's Risk and Compliance Report based on the results of follow-up compliance exercises, compliance risk assessments and compliance monitoring.
• Coordinate, support and monitor departmental occupational health and safety activities to ensure alignment with the South African Reserve Bank's (SARB) policy and compliance requirements.
• Conduct legislative research in preparing departmental compliance reviews.
• Help embed a culture of ethical reporting and accountability within the NPSD.
• Identify training needs related to the SARB's compliance and ethics policies, raise awareness, sensitise employees and, where necessary, invite subject matter experts to provide training on regulatory requirements and policies.
• Support and guide NPSD employees and departments on compliance-related matters and activities.
• Stay abreast of developments and apply current work methods, analytical techniques and protocols relevant to the role.
• Represent the NPSD at compliance meetings and forums and provide feedback.

Qualifications

To be considered for this position, candidates must have:

• at least a bachelor's degree in compliance management, risk management, auditing or law, or an equivalent qualification in a related field;
• a minimum of two to five years' experience in a risk and compliance management, auditing or legal environment; and
• a Certified Compliance Professional (CCP) designation will be an advantage.

Additional requirements include:

knowledge and skill in:

• risk identification, analysis and assessment;
• risk mitigation and management;
• risk monitoring and reporting; and
• knowledge of:
• ethics risk management;
• the national payment system (NPS)
• the NPS regulatory and legal framework;
• central banking; and
• relevant legislation, including the National Payment System Act 78 of 1998 and the Financial Intelligence Centre Act 38 of 2001.