Business Assurance Manager, Business Control Unit

Job Overview: As the Business Assurance Manager for the Business Control Unit at Standard Bank of South Africa Limited, Isle of Man Branch, you will play a critical role in ensuring regulatory compliance through diligent monitoring and control processes. This position serves as the first line of defense against operational and anti-money laundering risks.

Key Responsibilities:

• Monitor compliance with regulations and internal procedures.
• Manage and control operational and anti-money laundering risk exposure.
• Develop and implement plans to mitigate identified risks.
• Provide robust reporting on risk management activities.
• Maintain strict adherence to financial services regulations.

Minimum Qualifications:

• Diploma in Risk Management (Required)
• First Degree in Corporate Governance and Risk Management (Preferred)

Experience Required:

• 5 - 7 years of experience in offshore banking.
• A diploma in compliance, governance, or risk-related fields.
• Deep understanding of financial services regulations and risks.

Behavioral Competencies:

• Challenging ideas
• Developing strategies
• Documenting facts
• Establishing rapport
• Exploring possibilities

Technical Competencies:

• Banking processes and procedures
• Client servicing
• Fraud detection and management
• Query resolution
• Risk awareness