Compliance Officer: Job Grade 11: SLS: Finance: Compliance: Houghton at Sanlam Group

What will you do?

• Analyse and interpret regulation and legislation, and using a risk-based approach.
• Identification and risk rating of applicable  laws and regulations for responsible business units; 
• Development and implementation of compliance/legislative universe for responsible business units
• Development and implementation of Compliance Risk Management Plans (CRMPs) for core legislative and regulatory provisions;
• Compiling monitoring plans indicating the compliance monitoring methodology used and the frequency thereof; 
• Compiling monitoring reports on the results of monitoring; 
• Incident reporting, to ensure timeous escalation of compliance risks and incidents, 
• Interpret regulation and legislation and assist business units with practical implementation thereof 
• Advise and provide guidance to management on systems, policies, processes and controls implemented to enable compliance.
• Research and communicate applicable legislative developments to all stakeholders
• Assist with the promotion of a culture of compliance and awareness within SRM and actively participating in compliance projects and training initiatives.
• Provide training on regulatory requirements to channels
• Assist with the promotion of a culture of compliance and awareness within SRM and actively participating in compliance projects and training initiatives.
• Provide training on regulatory requirements to channels

Qualification and Experience

• A legal or commercial  degree.
• Compliance qualification (PG Diploma in Compliance Management) would be advantageous. 
• Meeting the competence, qualifications and experience requirements to be registered as a Compliance Officer with the Financial Sector Conduct Authority would be advantageous.
• Admission as an attorney of a High Court (advantageous).
• 1-3 years’ experience as a Compliance Officer in the Financial Services Industry.

Knowledge and Skills

• Knowledge of the financial services industry, especially insurance
• A thorough understanding and knowledge of compliance risk management and monitoring programmes
• A thorough understanding and knowledge of the regulatory requirements impacting on the various businesses  (e.g. FAIS, FICA, LTIA, PPR, POPIA) will be advantageous
• Decision making skills
• The ability to manage people and processes effectively in instances where non-compliance is identified
• Report writing skills
• Good communication and presentation skills

Personal Attributes

• Analytical thinking
• Technical professional 
• Thorough and detail minded
• Ethical and principled