Compliance Officer - JHB at Bryte Insurance Company Limited

Description

Summary

• Developing, implementing, and monitoring of compliance programs and various compliance solutions within the Compliance Risk Universe as part of the second line of defence.Providing direct compliance and regulatory advice to Bryte’s business.Counselling and advising on matters of compliance risk affecting the overall reputation of the organisation.Assuming subject matter expert roles in one or more areas and participates in cross-national working groups to define and interpret compliance topics. Identifies compliance opportunities and potential solutions.

Requirements

Key Tasks & Accountabilities

• Assumes subject matter expert role and compliance responsibility in one or more areas of expertise for:
• Providing advice and guidance to management and employees.
• Establishing, enhancing, and implementing relevant compliance policies and procedures and providing best practice solutions and
• Analysing external requirement and trends
• Assumes responsibility for monitoring and review activities in areas of expertise:
• Enhancing and performing monitoring and review activities
• Identifying possible areas of non-Compliance
• Advising on remedial actions on areas of non-Compliance and
• Assistance with building, integrating, and embedding compliance controls within business procedures.
• Manages communication and training within areas of expertise by
• Assessing needs, developing training, co-ordinating delivery and tracking of completion.
• Identifies and manages compliance risks and drives the implementation of the Operational Compliance Plan and overall Strategy of the function. 
• Performs project work relating to area(s) of expertise within the Compliance function and /or in cross functional projects.
• Manages the implementation of corrective action plans for resolution of problematic compliance matters and provides general guidance on future compliance.
• Provides appropriate reporting within the Compliance function and to business management.

Qualifications & Experience

• University degree with any of a legal/ compliance/ risk/ business related background.
• Post graduate compliance management course.
•  Qualifications relevant to statutory requirements for registered compliance officers.
• Significant ‘subject matter related’ experience in Compliance/Governance preferably in the Financial Services industry.
• 5 or more years of related experience in the financial service industry.
• 4 or more years compliance subject related experience.
• Expertise in one or more Compliance subject areas.
• Experience in establishing frameworks for implementation of compliance requirements, delivering training and monitoring reviews.
• Good experience with trends on ethics and Compliance
• Ability to identify current risks in area of expertise and to develop and implement mitigating activities.
• Working understanding of Insurance & regulatory environment and an excellent knowledge in subject matter areas.
• Excellent written, verbal and presentation skills and ability to lead working groups.

Closing Date: 01 April 2024