South Africa Job Openings

Absa Bank Limited

Chief Compliance Officer, ARO

Sandton

FULL TIME

September 4, 2024

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To provide strategic direction in the formulation of the compliance organisational business model and strategy; influencing and enabling organisation wide adoption.

Job Description

The opportunity exists for a senior and influential Chief Compliance Officer role in a leading pan African bank, to support the Africa Regional Operations (African Operations outside of South Africa) Executives in the management of compliance risks (regulatory, financial crime, conduct and reputation) across the jurisdiction.

The incumbent will play a pivotal role in ensuring adherence to all regulatory requirements, internal polices and ethical standards, reporting to the Group Chief Compliance Officer. Ideally, experience in leading the development and implementation of compliance strategies to oversee the compliance programme, and working closely to partner with senior management to promote a culture of compliance across the organization will be a distinguishing attribute.

The role supports the Country Managing Directors in the oversight of compliance risks and works closely with the Regional CEO and Country Executive teams to influence and contribute to strategically important regulatory outcomes and policy positions. As a member of the Regional Exco, together with other members of the Exco, the incumbent will provide leadership on the articulation and execution of the Regional business strategy. Similarly, as part of the Compliance Exco, the incumbent will provide strategic leadership for the entire Group Compliance Function. The incumbent will also be able to engage at the highest levels, with stakeholders covering Board members, Regulators, and C-suite executives.

If you are armed with the right background, relevant working experience in a matrix structure, superior compliance technical knowledge and strong understanding of Regulatory compliance, we’d be keen to hear from you.

Education

Postgraduate Degrees and Professional Qualifications: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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