JPMorgan Compliance Officer - South Africa Vice President 

South Africa, Gauteng, Johannesburg 

442821980

Compliance Manager

Join our dynamic team as a Compliance Officer in South Africa, where you will play a crucial role in ensuring our Corporate & Investment Banking operations adhere to local and global regulatory standards. This position offers a unique opportunity to work closely with our Global Compliance Teams, focusing on Financial Crime matters and integrating local regulatory requirements within our global practices.

Job Summary:

As a Compliance Officer in South Africa, reporting to the Head of Compliance for Sub-Sahara Africa, Israel, and Mauritius, you will be instrumental in providing compliance coverage across various areas of Corporate & Investment Banking. You will serve as a subject matter expert on specific regulations, executing core practices such as Governance and Oversight, Regulatory Management, Policies and Procedures, Training and Awareness, Monitoring and Testing, Issue Management, Risk Assessment and Reporting, and Risk Control Self-Assessment. Your role will involve developing Compliance Risk Management Plans (CRMPs) and maintaining a strong understanding of local legislation, including the Financial Intelligence Centre Act (FICA) and other relevant laws impacting financial services in South Africa.

Job Responsibilities:

• Partner with stakeholders on projects both locally and globally.
• Provide advice and guidance on regulatory and firm policy issues related to South African requirements or corporate policies and procedures.
• Keep management informed of new regulations or practices applicable to business activities in South Africa.
• Conduct gap analysis, document compliance risk management plans, and develop policies and procedures.
• Implement and update group policies, procedures, and the local Compliance Manual as necessary.
• Participate in industry forums and report regulatory developments to relevant committees.
• Support local compliance in AML and compliance risk assessment, testing programs, and new business regulatory reviews.
• Conduct in-person training on regulatory and corporate policies and procedures.
• Monitor compliance through various means, including statistical sampling.
• Assist in providing regulatory compliance reports to management and regulators.
• Amend the AML Risk Management and Compliance Program in response to regulatory developments and emerging business and operational requirements.
• Provide financial crime reports to governance committees.
• Collaborate with regional/global CIB Compliance teams and participate in regional/global CIB Compliance projects.

Required Qualifications, Capabilities, and Skills:

• Significant experience in Compliance and AML with equivalent business understanding.
• Strong understanding of the South African regulatory environment.
• Excellent oral and written communication skills, with the ability to synthesize and summarize information concisely.
• Detail-oriented with the ability to manage multiple tasks simultaneously with minimal supervision.
• Self-starter who adapts to a fast-paced, results-driven environment and can identify and drive process enhancements.
• Experience in drafting operational policies and procedures in line with regulatory needs.
• Good team player with strong interpersonal skills.
• Proficiency in MS Word, Excel, and PowerPoint is mandatory.
• Ability to interact with all levels of management and work within a team setting.
• Strong written and verbal executive-level communication skills.
• Understanding of risk and controls.
• Meticulous attention to detail.
• Quality output for written/verbal presentations, including training on compliance topics.
• Excellent analytical skills.
• Bachelor's degree with professional certification (CAMS) preferred.