Contract Type : Permanent
Joining Vodacom is more than a job, what we do matters. We don’t just carry minutes, texts and data we carry people’s lives.
And that’s a huge responsibility. If you think for a minute about the people you rely on the likelihood is they rely on us.
Customers are at the heart of everything we do and we want to make a difference to the lives of our customers, and the communities in which we live and work.
We support our people to give something back to the causes that mean the most to them through helping them give time and money to the charities they love.
And what’s it like to work here? We have created an environment where you can look forward to coming to work and are empowered to be at your best.
We offer flexibility in how you work that helps you do your job in a way that suits you, opportunities to help you grow and progress throughout your career and a choice of benefits to suit your lifestyle.
To assist the Executive Head of Risk and Compliance with the implementation and monitoring of risk, compliance and regulatory controls within the financial services division as it specifically relates to the lending products and services.
Your responsibilties will include :
Establishing a Risk, Compliance and Regulatory framework for the various lending products within the business and sensitizing relevant internal stakeholders.
Ability to translate and embed the credit regulations (where applicable) into existing and new business products and processes.
Document existing controls within the business processes in order to monitor and assess their adequacy and effectiveness of the controls.
Perform risk assessments on new products prior to launch and on existing products as and when required.
Engage with the outsourced service providers to assess levels of risk and compliance. Recommend areas of improvement and identify action items to be put in place to rectify areas of non-compliance.
Analyse complaints (internal and external) for trends and report’s findings to relevant stakeholders.
Liaise with External Regulatory Stakeholders ie. Various Ombuds, NCR etc.
Engage with Internal (Project Support) and business stakeholders.
Assist in the implementation of the compliance training and awareness program.
Assist management to create a compliance culture and with embedding compliance principles, values and sound business practice into existing training mediums.
Assist management to create new mediums of communication to enhance compliance awareness and knowledge within the company.
Financial Services Lending regulation analysis and documentation
Assists with the analysis and documentation of regulatory compliance requirements especially as it relates to credit lending opportunities.
Develop risk management plans for relevant legislation and maintain a regulatory universe for lending.
Assessing the risk of changes to Regulatory Environment.
Identify and track changes to existing and new laws.
Impact analysis across business processes and systems.
The ideal candidate will have :
3 year Degree or National Diploma essential in BCom, LLB, BA Law, or related.
A minimum of 5 years relevant experience in risk and compliance within the Lending environment.
A goog understanding of the National Credit Act.
Experience in dealing with National Credit Regulator(NCA).
The base location for this role is, Midrand, Vodacom Campus
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.
Commitment from Vodacom
Vodacom is committed to attracting, developing and retaining the very best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognized, developed and rewarded.
We believe that diversity plays an important role in the success of our business and we are committed to creating an inclusive work environment which respects, values, celebrates and makes the most of people’s individual differences - we are not only multinational but multicultural too.
At Vodacom you will have access to our excellent flexible benefits programme that you would expect from any global company.