Analyst: Regulatory Compliance at Mutual & Federal

Job description
Detailed Description

• Conduct research on regulatory and market trends
• Identify new and emerging regulatory trends
• Communicate regulatory developments to team and relevant stakeholders
• Assist with the compilation of regulatory universe
• Analyse legal requirements and convert into plain language
• Assist with development of compliance risk management plans
• Assist with compiling and distributing of holistic monitoring reports.
• Assist with planning for and conducting of Self-Assessment
• Assist to create and update the Planning Memorandum
• Monitor controls.
• Take actions on findings.
• Execute technical monitoring through prudential review and process.
• Provide input into regulatory reports / responses
• Develop material for training and awareness initiatives
• Maintain service, quality and desired outputs within a specific functional process through ensuring compliance to tactical policies, procedures and standards.
• Resolve escalated customer queries and complaints and provide feedback to customers on matters resolved.
• Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals
• Measure and monitor service delivery compliance of team.
• Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.
• Align own behaviour with the organisation culture and values.
• Share and transfer product, process and systems knowledge to colleagues.
• Collaborate and work with the Information Technology team to ensure required service levels are delivered.
• Actively participate in the Information Technology team to ensure functional balanced scorecard objectives are achieved.
• Ensure achievement of own performance objectives.
• Actively share information with other team members regarding successes, issues, trends and ideas.
• Actively participate in own professional development and career path.
• Track and resolve operational and performance variations
• Develop and encourage strong team work
• Identify potential inter-departmental problems and escalate them to higher levels
• Engage regularly in team or group problem-solving
• Manage areas of critical compliance and actively manage non-conformance
• Actively manage non-performance
• Ensure the work environment enables employees to “live” the organisation culture and values.
• Ensure adherence to financial and corporate policies and procedures, and reduce wastage related to area of accountability.
• Take accountability for the management of business related risks within own area.
• Operate within agreed mandates as documented in the business rules.
• Ensure adherence to organisational policies, practices and procedures.
• Identify and recommend areas / ways to improve processes.

Job Requirements

• BA/BCom degree (required).
• LLB degree (preferred).
• Cert in Compliance Management (strong preference)
• Cert. In Corporate Governance (beneficial)
• FAIS Compliance Exams Completed
• 3 years relevant experience in aregulatory risk & compliance role, ideally in a financial institution and ideally coupled with operational experience
• Knowledge and understanding of M&F systems and processes
• Proven research experience
• 5 years FAIS and Short Term Insurance compliance experience