Careers in Compliance

In an environment of continuously evolving regulatory requirements, meeting compliance obligations is a complex challenge. Our team is trusted to steer business through this complexity by anticipating and planning for this ever-changing landscape. Business compliance officers proactively provide innovative, relevant and pragmatic solutions to ensure that a specific business unit or the Group at large understands and complies with applicable legislation and regulation. We pride ourselves on creating tailored compliance solutions that enable business to embed compliance as an integral element of the client experience.

Compliance Risk Management has 6 teams with specific focus areas:

• Compliance Capability Build ensures that we meet regulatory training requirements and equip Group employees to appreciate both the letter and the spirit of the law.
• Compliance Monitoring provides independent assurance that management complies with regulatory requirements applicable to the Group.
• Compliance Operations provides support and guidance to ensure an efficient, cost-effective service offering.
• Safety, Health and Environmental Risk provides for the health and safety of individuals at work and ensures we meet our OHS responsibilities in our interactions with other stakeholders. It further provides oversight of the Group’s exposure to direct environmental risk, which is the direct impact on the environment through running our business, including; energy consumption, water and paper use, waste management, air quality and carbon footprint.
• Compliance Reporting supports the Group chief compliance officer in reporting the status of compliance risk management in the Group to the Group board and its sub-committees, management committees and regulators.
• Programme Management Office partners with Business Compliance and Group Engineering to provide programme management guidance and direct support for regulatory projects and programmes with the aim to leverage, among others, technology and data to support our compliance risk mandate.

Exchange control policies aim to prevent the loss of foreign currency resources through the cross-border transfer of real or financial capital assets. Our team provides exchange control advisory, reporting, assurance and support services for the Group's areas impacted by exchange control regulations.

GAFC applies and embeds sound anti-financial crime policies and standards across the Group through 2 highly skilled teams:

Group Financial Crime Compliance (GFCC) manages and mitigates financial crime risk across 8 focus areas:

• Group Sanctions Desk is focused on advisory and reporting, governance and controls testing, operational risks resolution and technology advisory in respect of counter terrorist financing and counter proliferation financing.
• Financial crime compliance officers are accountable for anti-money laundering (AML) and combating the financing of terrorism (CFT) across the business lines.
• Anti-money Laundering Risk Advisory and Oversight is responsible for developing and maintaining a robust risk management and compliance programme that ensures effective risk management.
• Digital Innovation manages the integration, research and provision of risk-based guidance for financial crime management of aspects relevant to digitisation, innovation, ecosystems, platforms and partnerships.
• Subject Matter Expert Advisory manages and delivers a dedicated area of specialisation to ensure the Group's adherence to relevant laws and regulations across all countries and jurisdictions where we conduct business, or have business relationships, to protect and enhance our reputation and competitive advantage.
• Corporate Offences Advisory is responsible for the development of procedures to prevent persons associated with the Group from offering or providing bribes on behalf of the Group, and from facilitating the evasion of tax while acting for or on behalf of the Group.
• Conformance Testing conducts adequacy and effectiveness testing of AML/CFT controls as part of the GFCC oversight and monitoring duties.
• Financial Crime Management Unit carries the operational execution mandate for the GFCC through the following teams:
  • Money Laundering Transaction Monitoring reports suspicious and unusual transactions to the Financial Intelligence Centre.
  • Operational Risk Resolution conducts sanctions screening alert management.
  • Regulatory Instructions Management responds to subpoenas, court orders and other regulatory instructions served on the bank.
  • Strategic Analysis creates and disseminates intelligence related to money laundering and terrorist financing across Standard Bank Group.

We don’t always know where life will take us, so we have put together a range of benefits tailored specifically to help you take care of yourself and those you love: 

• Wellness programmes 
• Counselling and advisory services 
• Life, personal accident, incapacity and funeral cover 
• Permanent health insurance (PHI) cover 
• Discounted rates for voluntary benefits such as spouse life cover, dread disease cover, funeral cover for parents and/or parents-in-law and medical aid gap cover 

We all have goals in life, and we have several ways to help make them more accessible to you with significant savings. This includes the following: 

• Retirement funding 
• Discounted banking products 
• Transactional and investment banking products 
• Home loans and vehicle finance at preferential rates 
• Access to credit 
• Assistance with insurance and wills 
• Online share trading 
• Rewards 

We believe in recognising the hard work and positive approach of our people, so we have 3 formal recognition programmes: 

• Beyond Excellence 
• Mark of Excellence 
• Long-service Awards 

Your life outside work is important, so we have a leave structure which gives you plenty of time to relax, thrive and be the best you. The exact leave benefits you receive will depend on the country you join us in but can include the following: 

• Vacation leave 
• Additional vacation leave 
• Study leave 
• Parental leave 
• Compassionate / Family responsibility leave 
• Special discretionary leave 
• Sabbatical leave 
• Sick leave 
• Short-term incapacity leave 
• Recognition leave 
• Optional unpaid leave