Capitec

About the Opportunity

Capitec Bank, one of South Africa’s most innovative and fastest-growing financial institutions, is hiring a Manager: Compliance – Business Bank. This is a high-level strategic role that focuses on leading compliance operations and frameworks across Capitec’s Retail and Business Banking environments.

If you’re a legal or compliance professional with deep knowledge of regulatory frameworks, risk management, and banking operations, this is your chance to shape the compliance culture in a dynamic financial services environment.

Purpose of the Role

This role is designed to:

Develop and implement compliance strategies for the Retail Bank.
Ensure adherence to legislative requirements as defined by Regulation 49 of the Banks Act.
Drive the embedment of a strong compliance culture across business operations.
Monitor, report, and manage compliance risks in alignment with regulatory standards and internal frameworks.

Key Responsibilities

✅ Strategy & Framework Implementation

Develop and manage compliance risk management processes and frameworks for Retail and Business Banking.
Drive the alignment of compliance practices with international best practices and regulatory requirements.

✅ Regulatory Compliance & Risk Oversight

Lead execution of compliance frameworks related to market conduct and financial crime.
Provide guidance to the business on regulatory changes and ensure internal adaptation.

✅ Monitoring & Reporting

Oversee and evaluate compliance monitoring programs.
Develop effective compliance reporting mechanisms for executive and board-level stakeholders.

✅ Stakeholder Engagement

Collaborate with legal, audit, and operational risk teams.
Promote awareness and understanding of compliance requirements across the organization.

Qualifications & Requirements

🎓 Minimum Qualifications

Honours Degree in Law or Commerce

🎓 Ideal/Preferred

Postgraduate Diploma in Business Management or Risk and Compliance

Experience & Knowledge

🧠 Essential:

Proven track record managing compliance in a retail banking environment.
Experience with Market Conduct and Financial Crime compliance.
Understanding of regulatory frameworks, compliance monitoring, and risk methodologies.
Familiarity with financial services processes, especially retail banking operations.

📚 Knowledge of:

Commercial Law, Legal Practices, Monitoring & Auditing Techniques
Financial regulations and regulatory compliance standards
MS Office Suite (Word, Excel, PowerPoint, Outlook)

💼 Preferred Experience:

Working knowledge of EXCLAIM software and Capitec’s internal systems
In-depth understanding of legislation including Consumer Protection, Anti-Money Laundering, Labour Law, etc.

Key Skills

Strategic thinking and analytical problem-solving
Strong communication and stakeholder management
Planning, coordination, and project implementation
Risk awareness and decision-making
High-level reporting and presentation ability

Conditions of Employment

Clear criminal and credit record
Must be eligible to work in South Africa

Why Capitec?

Capitec isn’t just a bank – it’s a technology-driven, people-centric financial services provider that values innovation, simplicity, and inclusion. As a Manager in Compliance, you will be empowered to influence strategy and make real impact across Capitec’s growing retail and business banking divisions.

Find similar jobs at:
👉 https://careerjunctionza.co.za/jobs/

💡 CV Tips for Compliance & Risk Roles

📌 Demonstrate Strategic Thinking: Highlight your ability to implement and oversee compliance frameworks across departments.

📌 Highlight Industry Certifications: Include any risk, legal, or compliance certifications or diplomas—even short courses like RE5, CAMS, or COB.

📌 Quantify Achievements: Showcase specific accomplishments such as “Reduced compliance audit findings by 30%” or “Led implementation of new AML protocols.”

📌 Include Tech Tools: Mention any compliance software you’ve used, such as EXCLAIM, SAP GRC, or risk management tools.

📌 Use Relevant Keywords: Add terms like “Market Conduct”, “Retail Banking Compliance”, “Risk Assessment”, “Regulation 49”, and “Financial Crime Risk”.

🔗 Company Website:
https://www.capitecbank.co.za

To apply for this job please visit careers.capitecbank.co.za.