Senior Regulatory Compliance Manager – Banking

Senior Regulatory Compliance Manager – Banking

Durban, KwaZulu-Natal or Johannesburg

A leading niche bank is seeking an experienced and highly technical Regulatory Compliance Manger to join its Compliance function.

This opportunity is suited to a compliance professional who has built their career within banking and who has personally executed regulatory compliance activities across multiple legislative frameworks. The successful candidate will be a subject matter expert who is comfortable operating at both strategic and operational levels, providing guidance to business while remaining actively involved in monitoring, testing, reporting, policy development, regulatory submissions and risk management.

The successful candidate must be able to demonstrate direct, hands-on experience across compliance monitoring, regulatory reporting, policy development, FATCA/CRS reporting, Re-KYC programmes, Enhanced Due Diligence (EDD) processes and banking regulatory frameworks. This role requires a practitioner who has personally performed these functions within a banking environment.

This is not a role for someone who has merely overseen compliance activities. The successful candidate must be able to demonstrate practical experience in executing key compliance functions and driving regulatory compliance within a banking environment.

Key Responsibilities

• Provide regulatory and compliance guidance to business and management across FIC Act, POPIA, FAIS, TCF, FATCA, CRS, Exchange Control Regulations and Conduct Standards.

• Develop, review and update compliance policies, procedures and risk management frameworks in line with regulatory and operational changes.

• Conduct compliance monitoring, testing and risk assessments, including the development of corrective action plans.

• Prepare and contribute to Board, Audit Committee and regulatory reporting requirements.

• Assist with FATCA and CRS reporting to SARS and ensure compliance with evolving reporting obligations.

• Manage and oversee Re-KYC and Enhanced Due Diligence (EDD) processes.

• Develop Compliance Risk Management Plans and support the annual Compliance Activity Plan and Legislative Risk Matrix review.

• Deliver compliance training and promote a strong culture of regulatory awareness across the Bank.

• Review compliance monitoring systems and controls to ensure effectiveness and regulatory alignment.

• Provide compliance input into new products, services and delivery channels.

• Participate in investigations, regulatory submissions and compliance-related projects as required.

Experience and Qualifications

Essential

• LLB Degree or equivalent qualification.

• Additional compliance-related qualifications advantageous.

• 5–7 years' compliance or regulatory experience within a banking environment.

• Demonstrable hands-on experience in compliance monitoring, regulatory reporting, policy development, FATCA/CRS reporting, Re-KYC and EDD processes.

• Strong working knowledge of FIC Act, POPIA, FAIS, FATCA, CRS, Exchange Control Regulations and Conduct Standards.

• Experience engaging with senior management, Audit Committees and Board-level governance structures.

Key Competencies

• Strong analytical, investigative and problem-solving skills.

• Excellent attention to detail and ability to interpret complex legislation.

• Strong report writing, communication and stakeholder engagement skills.

• Ability to influence and advise business leaders on regulatory matters.

• Highly organised, proactive and solutions driven.

• Ability to balance regulatory requirements with commercial objectives.

Why Join?

This is an opportunity to join a respected financial institution where compliance is viewed as a strategic enabler of business success. The successful candidate will work closely with senior leadership, contribute to key governance and regulatory initiatives, and play a meaningful role in protecting the integrity, reputation and sustainability of the Bank.

If you are a hands-on banking compliance professional who enjoys operating at both strategic and operational levels and can demonstrate a track record of delivering regulatory compliance within a banking environment, we would welcome the opportunity to speak with you.

. Skillset Required: Regulatory Compliance, Compliance Monitoring, Regulatory Reporting, Policy Development, FATCA Reporting, CRS Reporting, Re-KYC Processes, Enhanced Due Diligence (EDD), Banking Regulatory Frameworks, Risk Management, Compliance Risk Management Plans, Compliance Training, Regulatory Awareness, Compliance Systems and Controls, Investigations, Regulatory Submissions, Stakeholder Engagement, Senior Management Engagement, Audit Committee Reporting, Board Reporting, FIC Act, POPIA, FAIS, Exchange Control Regulations, Conduct Standards, Analytical Skills, Investigative Skills, Problem-Solving, Attention to Detail, Legislative Interpretation, Report Writing, Communication, Influencing Business Leaders, Organisational Skills, Proactivity, Solutions Driven, Balancing Regulatory and Commercial Objectives