Job Title: Compliance Manager – Retail Bank
Location: Stellenbosch, South Africa
Company: Capitec Bank Ltd
Date: 26 March 2026
Purpose
Develop and implement strategies and operational processes for the Retail Bank to manage compliance risk in line with regulatory requirements, codes of conduct, and minimum standards. Lead compliance within the Retail Bank, ensuring adherence to legislative requirements such as Regulation 49 of the Banks Act, and foster a strong compliance culture through continuous learning of relevant regulations and best practices.
Key Responsibilities
- Design, implement, and monitor compliance frameworks for retail banking operations.
- Ensure the bank meets all regulatory obligations, including Market Conduct and Financial Crime compliance across Retail and Business Banking.
- Interpret and apply relevant laws and regulations to retail banking activities.
- Oversee monitoring techniques and manage compliance reporting.
- Build and maintain relationships with regulators and internal stakeholders.
- Provide training and raise awareness on compliance topics across the organization.
- Manage the compliance budget and allocate resources effectively.
- Lead and develop a compliance team, providing coaching and performance management.
Experience Required
- Minimum of 5 years in a compliance role, beyond formal qualifications.
- Proven experience applying relevant laws and regulations in a retail banking environment.
- Strong understanding of legal issues and ability to interpret legislation.
- Experience with monitoring techniques and compliance risk management.
- Solid business acumen and prior team management experience (minimum 2 years).
Ideal Experience
- Background in banking or financial services (e.g., credit providers, retail banks).
- Hands‑on experience with risk management software, specifically EXCLAIM.
- Demonstrated ability to handle complex compliance issues similar to those faced by the bank.
- Experience delivering training or presenting to groups.
- Budget management experience.
Qualifications
- Minimum: Honours Degree in Law or Commerce.
- Preferred: Postgraduate Diploma in Business Management or Risk and Compliance.
Knowledge Required
- Implementation and accountability for compliance frameworks in a retail banking setting.
- Experience with Market Conduct and Financial Crime compliance across the bank.
- Familiarity with compliance regulation best practices and guidance.
- Understanding of risk management methodologies, tools, governance structures, and regulatory expectations.
- Knowledge of retail banking processes and risk management/reporting techniques.
- Proficiency in commercial law, legal practice, auditing, and monitoring techniques.
- Computer literacy with MS Word, Excel, and PowerPoint.
Skills
- Strong communication and reporting abilities.
- Excellent planning, organization, and coordination.
- Analytical thinking and problem‑solving.
- Proficiency in Microsoft Office suite.
Conditions of Employment
- Clear criminal and credit record.
Apply now
Job Details
Job Type
Full-time
Location
Stellenbosch, Western Cape
Posted
26 March 2026
Closing Date
25 April 2026
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