Financial Crime Regulatory Specialist - FCC Policy & Regulatory Management

To support the Financial Crime Compliance Policy & Regulatory Management (FCCPRM) function as a centre of excellence for financial crime policy, regulatory management, and strategic risk oversight by delivering across core FCCPRM service pillars, including RMCP governance, financial crime risk assessments, regulatory engagement, and ecosystem threat management.

• Support the end‑to‑end development, review, and governance of the Risk Management and Compliance Programme (RMCP) and aligned financial crime policies and standards
• Manage policy lifecycle activities, including drafting, stakeholder engagement, impact assessment, approval and implementation
• Ensure policies and standards are aligned to regulatory expectations, internal risk appetite and industry best practice
• Provide subject matter advice and guidance on policy interpretation and application across business, Technology and FCC functions
• Manage the Group Risk‑Based Assessment (RBA) framework, ensuring consistent application across Absa while allowing for justified jurisdictional or business‑specific requirements
• Conduct structured horizon scanning to identify emerging threats, vulnerabilities and typologies
• Support the identification, assessment and mitigation of financial crime threats through participation in ecosystem forums and collaboration with key stakeholders
• Support engagement with regulators, including responding to queries, thematic reviews and supervisory inspections

• BCom Law, LLB, should be an Admitted Attorney or Advocate of the High Court of South Africa, or holder of a relevant Commerce degree (e.g., Risk Management)
• Strong knowledge of AML/CFT, sanctions, and financial crime regulatory frameworks
• Proven experience in regulatory interpretation and policy development
• Experience engaging with regulators and managing supervisory interactions
• Strong analytical capability in risk assessments and control environments
• Excellent written communication skills with experience drafting regulator-facing documents