Discoverys core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
About Discovery Bank
Discovery Bank is a bank like no other a shared-value bank, designed with our clients in mind. Were all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards. Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well. If youre adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment thats safe and nurturing.
Job Purpose
The Head of Regulatory Compliance will manage and protect the Banks interest from regulatory risk by defining a compliance framework with clear guidelines. Strategic thinking and strong business acumen are essential in this job. We expect the Head of Regulatory Compliance to proactively manage relationships with key regulatory bodies, industry associations and internal stakeholders across the business.
Areas of responsibility may include but are not limited to
- Support the Executive of Legal & Compliance to develop and execute the regulatory compliance strategy.
- Provide input into the business risk and control assessments.
- Provide accurate and timely compliance and regulatory advice to the business as a second line of defense.
- Drive the integration of the TCF Framework in the business and develop a Conduct Risk framework.
- Be the accountable key regulatory risk owner for the business.
- Perform on-going monitoring of the business adherence to the compliance framework and regulatory standards through stakeholder engagement, preparing and assessing management information, and tracking and analysis of issues.
- LLB or appropriate legal qualification.
- 3 5 years experience leading a compliance function.
- 5 8 years management experience.
- MBA or other relevant post graduate management / leadership qualification is a plus.
- Admission as an Attorney is a plus.
The Companys approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
EMPLOYMENT EQUITY
The Companys approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
