To assist the Head of Markets Compliance, CIB with the management of compliance risk within the Markets business unit by ensuring compliance with applicable laws, Rules and Directives regulations, internal policies and procedures.
Job Responsibilities
- Ensuring that the relevant Markets desk(s) activities within the Markets business unit comply with relevant regulations, industry standards, and internal policies and procedures.
- Providing guidance and subject matter compliance advice together and training on relevant Markets specific Rules and Directives, regulations, internal policies, and procedures.
- Monitoring and evaluating relevant Markets desk(s) activities, including identifying potential compliance issues.
- Assisting the Market Surveillance team with review and closure of Alerts, including quarterly reviews of relevant policies.
- Ensure adherence to the Group’s compliance methodology and framework, including completion and updating of relevant business Profiles and Compliance Risk Management Plans.
- Collaborate with the compliance team to develop, update, and implement compliance policies and procedures specific to the Markets business unit.
- Manage Market Abuse and Market conduct risks that may arise within the Markets business unit.
- Motivate staff to perform and contribute to the success of the business by creating an environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
- Keep abreast of regulatory and industry changes and ensure ongoing compliance.
- Serve as a point of contact for regulatory inquiries and audits related to research compliance.
- Build and maintain positive relationships with regulatory authorities and industry organizations.
Essential Qualifications
- Advanced Diplomas/National 1st Degrees.
Preferred Qualification
- Bachelor’s degree in law, finance, business, or a related field (Commerce).
- Registered JSE compliance officer Exam in IRC and Bond ETP Markets.
Preferred Certifications
- Registered JSE Compliance Officer exam in IRC and Bond ETP Markets – preferred, not essential.
Minimum Experience Level
- 2-4 years’ experience within a Compliance, Legal or Risk team within a financial services business.
- 3-5 years’ experience in a Markets compliance or related role.
Type of exposure
- Proven experience in compliance roles within the financial industry (Corporate and Investment Banking), with a focus on research compliance is preferred.
- Strong knowledge of relevant financial regulations (e.g., FMA, SEC, FINRA, MiFID II, MAR).
- Excellent analytical skills with the ability to identify and mitigate compliance risks.
- Effective communication and interpersonal skills to work collaboratively with the Markets business and other stakeholders.
- Detail-oriented with a strong commitment to maintaining data accuracy and confidentiality.
- Ability to adapt to evolving regulatory requirements and industry standards.
Technical / Professional Knowledge
- JSE Registered exams.
- Compliance reporting.
- Governance, Risk and Controls.
- Relevant regulatory knowledge.
- Relevant software and systems knowledge.
- Reputational risk management.
- Risk management process and frameworks.
- Codes of Good Governance.
- Building Trusting Relationships.
- Managing Work.
- Quality Orientation.
- Stress Tolerance.
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