Manager: Compliance, Pretoria CBD [Permanent]
|Salary||R1 million per annum CTC|
|Join a leader in the insurance industry and utilize your experience in ensuring compliance within the group, in line with the current laws, regulation and supervisory requirements.
BComm LLB Degree or similar.
Post Graduate Diploma in Compliance.
RE1 is preferable.
Admission as an Attorney, Advocate or similar will be advantageous.
Must be an approved Compliance Officer with the Prudential Authority.
KNOWLEDGE AND EXPERIENCE
Minimum of 10 Years experience in the Financial Services sector.
Minimum 8 Years post qualification legal and compliance experience of which at least 4 years should be in a management role.
At least 4 Years experience in mitigating compliance risk.
The candidate must be approved by the Prudential Authority as a Compliance Officer or capable of approval by the Prudential Authority.
FAIS, FICA, PPR, RDR, Long Term Insurance, etc.
Knowledge of Corporate and Business law.
Adherence to all regulatory requirements, for example the FSB's rules and principles, data protection act and money laundering regulations.
Awareness of the group's policies and procedures, and the regulations relevant to the role.
Consistently demonstrate understanding of how the principle of TCF and the underlying six TCF outcomes impact your role, and is embedded in the culture of the company.
Managing the resolution of regulatory inquiries and reviews and actively participates in compliance change management activities.
Developing and maintaining a compliance program providing guidance to internal and external stakeholders.
Developing and rolling out compliance training and playing an important advisory role in the development of new products.
Monitor the FSCA and prudential authority website for key regulatory developments and provide an oversight role to legal for the embedment of regulations within the organisation.
Establish a compliance culture that contributes to the overall objectives of prudent risk management and to report non-compliance to Exco and Audit-Risk committee.
Research and make recommendation wherever necessary to ensure that the laws and regulations are being complied with and develop a flexible compliance plan using risk based methodology.
Develop a compliance plan in line with the group's needs.
Conduct risk completion assessment of defined areas of risks.
Adapt a new regulatory development, legislation, techniques and methodologies to suit the regulatory framework.
Ensure that compliance functions is in line with the standards, principles and guidelines of the compliance institute.
Provide internal compliance/ regulatory advice to the group.
Quality of advice given to senior management and various stakeholders with regard compliance risks.
Build effective working relationships with the various business units.
Compliance monitoring and oversee the planned annual department budget.
Manage the Human Resource compliment of the department in terms of approved policies.
Management of risk within respective departments/ business units.
Identify risks in line with departmental and organisational objectives (including project risk).
Monitoring of key risks in line with the approved ERM methodology (maintain the risks within the acceptable levels by regular assessment of risks and implementation of mitigation strategies where required.).