Compliance Assistant (Ref: NTCA)
Remuneration: Market Related

Position in the Legal sector in Durban - Kwa- Zulu Natal
Posted On Wednesday 30 January 2019
Job Description:

Our client in the Banking industry is seeking the services of an experienced COMPLIANCE ASSISTANT to manage the regulatory and reputational risk at the bank ensuring that the bank is complying with all Legislation, Regulations and Codes of Conduct based in Durban

Main job function

To manage the regulatory and reputational risk at the bank ensuring that the bank is complying with all Legislation, Regulations and Codes of Conduct.

Regulatory Risk

Assists in ensuring Compliance with current laws, regulations, guidance notes and supervisory requirements or provisions

Assists in ensuring that the Bank is not subjected to prosecution, levied with fines or its licence affected in anyway

Assists in analysing legislation pertaining to Banking by preparing Risk Management plans and Action plans for each identified legislation

Assists in preparation of presentations for staff and regulators


Assists in monitoring legislative updates

Monitors for non-compliance and maintains records of monitoring for Audit purposes

Assists in advising management and Board of non-compliance with legislation

Queries non-compliance with staff and management and assists in suggesting corrective measures including disciplinary action where necessary

Reputational Risk

Assists in managing any negative publicity that could have adverse consequences for the bank

Monitors customer complaints and any threatened or actual events that could result in a reputational risk to the bank

Assists in informing management and directors of such events


Trains staff on legislation


Researching and investigating any general/specific area of law, for purposes of furnishing a legal opinion, determining applicability, general enquiry or interest

Preparing summaries and reports of new legislation, regulations, supervisory codes or codes of good practice, when required

Assists in the preparation of EXCO reports and reports to the Board and Board sub-committees

Plays a role in any projects/committees that the Compliance department needs to provide input in


LLB or Similar relevant degree will be required in order to meet the requirements of the role at the highest level of competence

A Certificate in Compliance Management from a tertiary institution will be an added advantage



A minimum of 4-5 years Legal or Commercial and/or Accounting experience

3 years Banking and experience within a Compliance department would be an advantage


Deadline Driven


Efficiency and Time Management

Excellent Communication Skills (Written and Verbal)

Ability to work under pressure

Organisation Ability

Attention to detail is essential


Microsoft Office

Knowledge of Legal Compliance and the Risks inherent in non-compliance

Legislation affecting the Bank

Compliance processes and procedures 

A Consultant will be in touch if you are shortlisted for the position.  Please consider your application unsuccessful should you not have been contacted within 2 weeks.  We will keep your CV on our database and contact you should you match the criteria of any other vacancies.

Please contact Nicole Thomas