Compliance Manager at Discovery Limited

About The Area
People increasingly want to transact faster, on their terms, in fluid, and dynamic ways. Discovery Connect facilitates this need as a direct sales channel, leveraging the best of technology with the best in people. We are often a client’s first impression of Discovery so we must have the best Discovery ambassadors in our team. At the forefront of client acquisition methodology, Discovery Connect continues to be one of the fastest-growing divisions in the group. Representing all product lines (including Discovery Bank) there is an opportunity for forward thinkers, innovators, and people who thrive on complexity in a growing business.
To provide sound advice regarding legislation, regulation, industry standards, codes, guidelines and best practice to operational management/projects and business units through the application of Compliance Risk Management principles, policies, processes and procedures.

Job Description

The success of Discovery is made possible by our great people. Discovery Connect Distribution Services(DCDS) is looking for a great person to join their team as a Compliance Officer to be responsible for the Business Unit Compliance Frameworks and managing compliance risk.

The role is for a Compliance Officer that will assist the Head of the DCDS in managing compliance within the business and to align to Group compliance frameworks and policies. The person will be required to understand the compliance environment and have financial services experience.

Areas of responsibility may include but not limited to

• Assist management in development and maintenance of the Regulatory Frameworks (CRMPs)
• Regulatory training and awareness
• Assist management with identification and evaluation of compliance exposures/regulatory breaches
• Providing guidance to Key Individuals and Representatives to ensure compliance with legislation;
• Investigating complaints,
• Remain up-to-date with Compliance trends, recommends and implements changes to internal company processes as required
• To report to Group Compliance on any breaches and incidents
• Monitoring of business processes to ensure compliance
• Embed compliance in the day to day business operation

Operational

• Review business activities to determine compliance with applicable regulatory requirements
• Reporting
• Draft and produce finalised working papers and evidence for all components of work, as per standards set in the Compliance Methodology
• Ensure that working papers are appropriate and include supporting evidence/documents
• Agree detailed findings with management, and provide appropriate recommendations for management actions
• Preparation of follow-up progress reports

NB: The role is not limited to the key outputs mentioned above

Essential

Educational and Experience

• Relevant tertiary qualification
• 3 years compliance specific experience in the financial services industry
• RE 1 and 5
• FAIS and LTI and STI experience

Advantageous

• FSCA Compliance Officer
• Call centre compliance experience

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.