Compliance Officer I at FirstRand Group

Purpose

To ensure compliance to statutory, governance and to ensure that the organization implements an effective compliance framework and processes that complies with applicable laws, and binding regulations and considers adherence to non-binding rules, standards, and codes.

Experience and Qualifications

• Minimum Qualification –  Relevant Degree
• Preferred Qualification -  Bachelor’s degree in Law, or Economics, Public Policy, Public Administration or Risk
• Experience –  3 to 5 years’ experience in a similar environment
• Working knowledge of the legal aspects affecting public policies, regulation.
• Research skills, strong analytical and problem-solving skills, excellent verbal, and written communication skills.
• Collaborative mindset and team player with a strong ability to contribute positively to a team environment, sound ethical judgment, ability to work on MS Office, SharePoint, MS Teams and iManage.

Responsibilities

• Analyse and assess emerging/draft legislation, policy, or regulatory instruments (emerging legislation) and advise on their potential impact on the Group
• Study political/public policy trends, ideas and governmental policies and provide updates on trends and current affairs
• Develop written reports of research and findings to assist in industry and regulatory engagements and advocacy
• Provide administrative support to the Emerging Legislation Forum (ELF)
• Draft and collate reports and assessments pertaining to emerging legislation that impacts the Group for review by Legal, across segments, pillars, and broader Africa
• Engagement with internal stakeholders regarding impact assessments, collation of comments to receive input within set timelines, follow-ups and collation of feedback/comments received
• Assist to compile, monthly / quarterly reports, presentations, and other documentation for the relevant committees in relation to; Schedules of Regulatory Developments - bi-weekly/bi-annually, Impact Assessments – draft, circulate and collate feedback
• Collate feedback from Impact Assessments into reports and heatmaps and trend reports
• Illustrate on PowerPoint trends across various themes of legislation.
• Maintain Comments and Submission repository for the Group
• Request and collate feedback on submissions for review
• Coordinate MS teams and Microsoft SharePoint comments on emerging legislation
• Engagement with internal stakeholders and internal clients in relation to Impact Assessments and Comments templates
• Maintain and keep up to date, comment templates and responsible person list
• Maintain and keep up to date PPRA SharePoint site as it relates to Emerging Legislation
• Produce and distribute a bi-monthly Newsletter