Compliance Monitoring Specialist at Discovery Limited

Job Purpose

The monitoring specialist is required to complete high quality monitoring reviews from planning to reporting, to contribute to the implementation of the Group Compliance Monitoring methodology and processes, and to ensure that Discovery Limited and all legal entities are conducting business in accordance with relevant regulations and applicable codes of conduct.

Areas of responsibility

The successful candidate will be required, primarily, but not limited to:

• To contribute to the development of and be able to develop an effective annual compliance monitoring plan.
•  Execute the board-approved annual monitoring plan and conduct ad hoc monitoring when required.
  • Identify and analyse controls.
  • Identify potential areas of compliance vulnerability and risk.
  • Present the monitoring outcomes to business stakeholders.
  •  Provide independent compliance advisory services through the development of recommendations for improvements to controls and processes, which will ensure adherence to legislative requirements and mitigation of risks.
• Translate compliance monitoring outcomes on specific scope of work to non-compliance breaches and exposures.
• Ensure that statutory and legislative knowledge is always current.
•  Keep abreast with internal business context, standards, and goals.
• Contribute to the drafting and revision of company policies.
• Develop, encourage, and nurture collaborative relationships across area of specialisation.
• Display and encourage an appreciation for teamwork and inclusivity.
• Participate in planned activities that are appropriate for own development.

Education and Experience

• Degree in business related discipline; LLB, BCom, BA, Audit and/or certification in Compliance Management.
• 3-5 years’ experience in similar environment.
• Must be able to interpret and apply legislation to varying business environments within financial services.
• Attention to detail and must be able to analyse data and interpret results.
• Possess excellent communication skills and present concepts clearly and concisely.

Personal Attributes

• The successful candidate must have personal drive to achieve personal/organisational goals, possess excellent organisational skills to ensure that daily tasks are performed timely, and be able to adapt to short-term change quickly and calmly.