Job Type






Specialist, Compliance Monitoring Douglas

Standard Bank

Standard Bank Douglas Isle Of Man

2 months ago

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities - plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We're passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To complete high quality reviews from planning to reporting and contribute to the global implementation of the Group Compliance Monitoring methodology and processes to ensure the Standard Bank Group and all legal entities are conducting business in accordance with relevant regulations, applicable codes of conduct and within best business practice and drive the development... and implementation of a combined assurance approach across all Compliance Assurance Functions.


Minimum QualificationsType of Qualification: First Degree
Field of Study: Audit

Experience Required
Compliance Operations
Experience Required: 3-4 years
Experience in compliance monitoring, auditing or risk management within a financial services organisation or one of the big four auditing forms. Experience in leading a team of Risk and Compliance specialist and working with business unit Heads to deliver on risk mitigation
Wealth Corporate and Business Banking
Corporate and Business Banking
Experience Required: 3-4 years
Overall experience in the Corporate and Investment Banking sector with an understanding of the how the business and products are structures and operate

Additional Information

Job Purpose

- Contribute to the development of risk-based Compliance Monitoring Plans to ensure coverage of key compliance risks across the Standard Bank Group.
- Deliver high quality reports regarding compliance risks that have been identified through compliance monitoring reviews and provide recommendations on sustainable remediation programmes.
- Escalate significant compliance risks to the Head, Group Compliance Monitoring in order to report significant compliance risks identified through compliance monitoring reviews to Governance Committees, Group Compliance and Africa Regions Governance Forums.
- Contribute to and inculcate conscientious leadership practices, promoting Compliance Monitoring as a meaningful value and building Compliance Monitoring into a strength across the Standard Bank Group. Apply the knowledge of the regulatory environment and Business Units to enhance awareness of regulatory obligations through the performance of quality monitoring reviews.
- Implement the annual risk based Compliance monitoring plan which strategically covers key Compliance risk exposures across the Standard Bank Group (SBG) in line with the Group Compliance Monitoring Methodology.
- Report on the progress of remediation programmes ensuring adherence to regulatory requirements and that sustainable solutions are developed and implemented.
- Take ownership for reporting issues raised during reviews to ensure effective resolution of issues within agreed timeframes.
- Execute the Compliance Reviews to ensure monitoring reviews are strategic, thematic and structural to deliver the required level of assurance within the agreed timelines
Douglas Isle of Man

Salary Criteria












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