About the position
Responsibilities:
Compliance Monitoring and Reporting
- Conduct compliance monitoring according to the approved annual compliance monitoring plan.
- Monitor compliance risk, policies and procedures within the designated region(s)
- Maintain the standardized monitoring procedure.
- Complete monitoring reports
- Provide overall compliance assistance, guidance and advice
- Contribute to the completion of compliance reporting (internal and regulatory)
- Conduct monthly oversight of advice process on regional level in accordance with the agreed Standard Operating Procedures
Provide Training and Awareness on Compliance Matters
- Organize and facilitate monthly compliance training within the designated region(s)
- Develop, educate and enabling healthy and business orientated compliance culture
- Contribute to the development of compliance risk management plans (CRMP)
- Update the Exclaim system where applicable
- Market Conduct responsibilities
Co-ordination of Market Conduct function
- Liaise between managers, team and other departments
- Follow-up on responses and reports from managers
- Manage incoming correspondence from the regulator or any other industry body
- Department communication
- Update the Market Conduct Framework as required
- Market Conduct Committee
Prepare and consolidate reports
- Prepare documentation e.g. reports, presentations and memos
- Distribute the meeting pack to committee members and other stakeholders where applicable in accordance with the Terms of Reference.
- Liaise with internal and external stakeholders and executives, directors, committee members, company secretary and others, where appropriate
- Preparation for meetings: Preparation of meeting packs (agenda, minutes and other required material)
- Take minutes at the Market Conduct meetings and distribute minutes where necessary
- Maintain compliance records
Requirements
Formal Education- Legal, Compliance, Risk or relevant qualification / equivalent or studying towards the qualification.
Compliance Certificate (Advantage)
Registered with CISA (Compliance Institute of South Africa)
6-12 months in a compliance role
Desired Skills:
- Compliance
- Compliance and Risk Management
Desired Qualification Level & Accreditations:
- Degree
- Compliance Institute of South Africa
About The Employer:
Long-term insurance company
