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ITHALA DEVELOPMENT FINANCE CORPORATION
 
DIVISIONAL MANAGER: RISK, LEGAL AND COMPLIANCE: EL 
GROUP CHIEF RISK DEPARTMENT 
ITHALA TRADE CENTRE 
REFERENCE NUMBER: ANB19084 
Reporting to the Group Chief Risk Officer, the Divisional Manager Risk, Legal and Compliance will manage the Risk, Legal and Compliance 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. To provide legal advice to the organisation and ensure legal compliance in its practices. 
 
 
The successful candidate’s duties will include the following: 
 Develop and manage the strategic Risk and Compliance Programme. 
 Develop and implement sound 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. 
 Ensure that fraud risk assessments are done annually. 
 Manage equipment and financial resources. 
 Attend to and resolve assurance queries as and when they arise (Internal, External Auditors and Compliance). 
 Report Quarterly on compliance tests results to EXCO and Audit and Risk Compliance Committee. 
 Review and update Key Controls and Procedures annually;
 Provide Legal advice to Business Units and Other governance structures within the organization.
 Manage 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. 
 Manage Human Resources. 
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The following minimum requirements must be met in order to be considered for this position: 
 Post Graduate degree in Commerce: Legal in particular or a related qualification. 
 Masters’ degree will be an added advantage. 
 A minimum of eight (8) years’ experience in compliance and risk management with the financial services environment; 
 Vast experience in strategic management of risk and compliance related projects. 
 Exceptional knowledge of risk and compliance management including the related statutory. 
 Strong people management and business acumen skills;
 Good interpersonal skills. 
 Persuasive and influential skills. 
 Excellent verbal and written communication skills. 
 
All Shortlisted applicants will be subjected to assessments, references and credit checks.


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ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
CLOSING DATE: 13 DECEMBER 2019 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment4@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.

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