Requirements

Regulatory Compliance Management:

• Ensure the bank’s adherence to all regulatory and legal requirements.
• Develop and implement frameworks for managing compliance and regulatory risk across all business units.
• Collaborate with regulators to maintain strong relationships and ensure timely reporting

Risk Governance:

• Establish and maintain a comprehensive risk governance framework in line with Access Bank’s policies.
• Advise senior leadership on risk governance standards, ensuring alignment with industry best practices.
• Lead governance initiatives that improve the bank’s risk oversight and compliance culture.

Reporting and Documentation:

• Oversee the preparation of accurate and timely regulatory reports for both internal and external stakeholders.
• Ensure comprehensive documentation of all risk-related activities, including compliance, audit findings, and risk assessments.
• Develop metrics and reporting dashboards for effective monitoring of regulatory compliance and governance issues.

Policy and Framework Development:

• Design and update policies related to regulatory risk, governance, and reporting requirements.
• Collaborate with cross-functional teams to align risk management practices with business strategies.
• Lead initiatives to enhance the effectiveness of risk management policies and frameworks.

Stakeholder Management:

• Act as the primary liaison with regulatory bodies, auditors, and internal stakeholders.
• Communicate complex regulatory and governance requirements to senior management and other relevant parties.
• Educate business units on regulatory requirements, governance practices, and reporting standards.

Risk Assessment and Mitigation:

• Conduct risk assessments to identify potential regulatory and compliance risks.
• Implement mitigation strategies and ensure corrective actions for identified risk areas.
• Monitor changes in the regulatory landscape and adjust risk management practices accordingly.

Requirements:

Academic Knowledge:

• Bachelor’s degree in Risk Management, Finance, Law, Business, or a related field.
• Master’s degree or relevant certification (e.g., CRMA, CISA) is advantageous.

Work Experience:

• Minimum of 7-10 years of experience in risk management, regulatory compliance, or governance, preferably in the financial services or banking sector.
• In-depth knowledge of South African regulatory requirements, risk governance practices, and reporting standards.