- Published on
ITHALA BANK IS HIRING A DIVISIONAL MANAGER: RISK, LEGAL & COMPLIANCE
ITHALA BANK IS HIRING A DIVISIONAL MANAGER: RISK, LEGAL & COMPLIANCE
DIVISIONAL MANAGER: RISK, LEGAL AND COMPLIANCE EL
GROUP CHIEF RISK DEPARTMENT
ITHALA TRADE CENTRE
REFERENCE NUMBER: DG18041
The Divisional Manager Risk, Legal and Compliance will manage the Risk and Compliance and Legal functions in Ithala Development Finance Corporation (IDFC) by ensuring adherence to legislative and regulatory requirements to prevent exposure to regulatory risk in line with IDFC’s strategy.
The successful candidate’s duties will include the following:
Develop and manage the strategic Risk and Compliance Programme;
Develop and implement prudent Risk and Compliance and Legal Policies and Procedures;
Develop and implement the approved Group Risk Register;
Prepare, submit and present Quarterly reports to EXCO and Audit and Risk Committee;
GROUP CHIEF RISK DEPARTMENT
ITHALA TRADE CENTRE
REFERENCE NUMBER: DG18041
The Divisional Manager Risk, Legal and Compliance will manage the Risk and Compliance and Legal functions in Ithala Development Finance Corporation (IDFC) by ensuring adherence to legislative and regulatory requirements to prevent exposure to regulatory risk in line with IDFC’s strategy.
The successful candidate’s duties will include the following:
Develop and manage the strategic Risk and Compliance Programme;
Develop and implement prudent Risk and Compliance and Legal Policies and Procedures;
Develop and implement the approved Group Risk Register;
Prepare, submit and present Quarterly reports to EXCO and Audit and Risk Committee;
Provide leadership to the Legal and Risk and Compliance Division;
Manage staff performance and development;
Manage equipment and Financial resources;
Attend to and resolve assurance queries as and when arise (Internal, External Auditors and Compliance);
Develop and implement the Compliance plan;
Report Quarterly on compliance tests results to EXCO and Audit and Risk Compliance Committee;
Annual review and update of Key Controls and Procedures;
Provide Legal advice to Business Units and Other governance structures within the organization;
Managing Service Level Agreements related to the Division;
Develop and implement Legal, Risk and Compliance Strategy;
Ensure optimal provision of legal support on Legal Collections and Litigation matters
The following minimum requirements must be met in order to be considered for this position:
Postgraduate Degree in Commerce or Risk Management, Compliance and Legal;
Masters’ degree will be desired;
A minimum of at least Eight (8) years’ experience in compliance and risk management with the financial services environment;
Experience in strategic management of legal , risk and compliance and related statutory;
Strong people management and business acumen skills;
All Shortlisted applicants will be subjected to assessments, references and credit checks.
Manage staff performance and development;
Manage equipment and Financial resources;
Attend to and resolve assurance queries as and when arise (Internal, External Auditors and Compliance);
Develop and implement the Compliance plan;
Report Quarterly on compliance tests results to EXCO and Audit and Risk Compliance Committee;
Annual review and update of Key Controls and Procedures;
Provide Legal advice to Business Units and Other governance structures within the organization;
Managing Service Level Agreements related to the Division;
Develop and implement Legal, Risk and Compliance Strategy;
Ensure optimal provision of legal support on Legal Collections and Litigation matters
The following minimum requirements must be met in order to be considered for this position:
Postgraduate Degree in Commerce or Risk Management, Compliance and Legal;
Masters’ degree will be desired;
A minimum of at least Eight (8) years’ experience in compliance and risk management with the financial services environment;
Experience in strategic management of legal , risk and compliance and related statutory;
Strong people management and business acumen skills;
All Shortlisted applicants will be subjected to assessments, references and credit checks.
ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT
CLOSING DATE: 15 JUNE 2018
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment7@ithala.co.za.
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION.
PLEASE NOTE:
LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED.
E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”.
CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL.