Key Responsibilities / Accountabilities Risk, Regulatory, Prudential & Compliance
Provide expert guidance and advise to Business Compliance Officers on all Personal Account Trading matters to ensure clarity on the required processes and procedures.
Review and maintain an understanding of policies, processes, procedures and systems to ensure all analyses is aligned accordingly and with the view to find better ways to execute tasks, improve systems, training material and the functional framework and to influence Group Standards.
Maintain pro-active awareness of potential high-risk persons or entities through monitoring of open source information (e.
g. press releases, social media).
Stay abreast of financial market developments, new trading products and any new developments and / or changes to the legislative and regulatory environment across all relevant jurisdictions in order to utilise this information to inform the framework, to create awareness around new modus operandi, enhance procedures and to identify potential risks.
Escalate breaches to relevant stakeholders and block accounts where potential non-compliance activities have been identified to ensure these matters are dealt with timeously and as per the standards set out it in the relevant functional framework.
Process, monitor and approve employee trades by reviewing exception trade applications, placing trades as requested and monitoring ongoing trading activity to ensure no conflicts arise to exception criteria.
Update and maintain all PA Trading control escalations and alerts to ensure all alerts and escalations are managed, closed and recorded on a central system timeously.
Implement and provide feedback to line management on the delivery of projects and initiatives to ensure effective on time delivery.
Manage and maintain the watch and restricted lists as informed by the Compliance Control Room and impose the required trading restrictions where applicable.
Develop and implement a monitoring process of the organisations systems and relevant platforms in order to detect and investigate breaches or non-compliance to the PA Trading policies and regulatory requirements.
Identify improvements and update the Framework for the function to ensure that sufficient measures are in place to manage current and potential PA Trading risks across global markets operations.
Technology & Architecture
Manage and facilitate trading system access, queries and information updates in collaboration with IT to ensure adherence to PA Trading framework.
Provide expert advice and guidance to stakeholders and clients (Trusted Advisor). Resolve queries regarding the analysis, information and reports.
Where necessary provide training to targeted business areas. Engage in the appropriate forums and workshops to convey analysis findings to wider audiences when required.
Gather all sufficient and appropriate information from all available sources to ensure thorough analytics and investigations can be conducted.
Analyse and monitor all staff related trading activities and alerts as per the functions processes and procedures in order to detect possible PA Trading contraventions and any other legislative breaches.
Capture findings and conclusions in the required reporting format and systems and prepare and submit outcomes as prescribed by relevant policies and procedures.
Store and manage all information and data on the required systems, in the required format and for the required duration as prescribed by the relevant data model and in adherence with the policies and procedures.
Review and keep record of on-boarding declarations to effectively advise action to be taken by employees and BCO's to ensure employees are fully compliant with required policies.
Prepare statistics and other information as required for reporting, further investigation or auditing purposes.
Deliver holistically on all the regulatory and internal reporting requirements. Compile reports covering findings, conclusions, recommendations and to inform next steps.
Prepare statistics, dashboards and information for both internal and external consumption. Submit reports and Management Information to the line manager for use by the relevant steering committee.
Build, develop and maintain relationships with the key internal and external stakeholders relevant to the functional area and / or area of specialisation.
Develop, draft and update training programmes / manuals and the delivery of training relating to PA Trading policies, procedures and regulatory requirements.
Preferred Qualification and Experience Business Commerce Diploma Risk Management Diploma Audit Diploma Legal Degree Risk Management Degree Audit Degree 3-4 years Experience - An understanding of banking products and services including investment banking and personal account trading.
5-7 years Experiece - The role requires a specialist in the field of compliance risk management, specifically with a thorough knowledge of Personal Account Trading regulatory requirements and experience in the implementation of relevant risk management frameworks.
Knowledge / Technical Skills / Expertise