Manager: Compliance

Are you an experienced Compliance professional looking for a challenging role in the banking sector? Capitec Bank is seeking a dedicated Manager: Compliance to join their team in Stellenbosch. This is your chance to play a key role in ensuring regulatory adherence and fostering a strong compliance culture within Capitec’s Personal Banking division.

About Capitec Bank

Capitec Bank is more than just a bank; it’s a financial enabler. We believe in empowering people to take control of their financial lives through banking that is simplified, accessible, and affordable. By providing a personal banking experience, we help our clients live better lives. We are passionate about innovation and constantly seek talented individuals to help us evolve and make a positive difference for both our clients and employees.

Why Work at Capitec?

At Capitec, we live by our values: Client first, Energy, and Ownership. We are committed to creating an environment where every team member feels welcome, valued, and has the opportunity to grow. Our Employee Value Proposition includes cohesive teams, excellent growth opportunities, and comprehensive employee benefits and savings. Join a dynamic team on a mission to build the best bank in the world!

What You’ll Do as Compliance Manager

As the Manager: Compliance for Personal Banking, you will be instrumental in:

• Developing and implementing compliance risk management strategies and operational processes in line with regulatory requirements and industry best practices.
• Managing overall compliance within the Personal Bank division, ensuring adherence to legislative requirements such as Regulation 49 of the Banks Act.
• Enhancing the compliance culture by staying updated on relevant regulatory requirements and global best practices.
• Providing expert guidance on new products, initiatives, and business processes to ensure they align with compliance standards.
• Interpreting and advising business units on applicable laws, regulations, and internal policies.
• Identifying, assessing, and monitoring compliance and conduct risks across various business areas.

What You’ll Need (Requirements)

To be successful in this role, you should have:

• At least 5 years of experience in a dedicated compliance role.
• Proven experience in the practical application of relevant laws and banking regulations.
• A strong understanding of legal issues and the ability to interpret legislation within a Retail/Personal banking environment.
• Exposure to compliance monitoring principles and practices.
• Experience in implementing compliance risk management frameworks.
• Strong business knowledge.
• A minimum of 3 years of experience in managing a team.

If you are a driven and experienced Compliance professional ready to make a significant impact, we encourage you to apply. Capitec is committed to diversity, and appointments will support our employment equity goals where feasible.