Compliance Officer at Progressive Edge

• An insurance company based in Centurion is looking to hire a Compliance Officer to join their organisation. Your role will have you implement the compliance strategy aligned to the compliance monitoring plan and assist the business in honouring their responsibility to comply with applicable regulatory requirements through directing the compliance function through identification, assessing, managing, monitoring, and reporting on regulatory compliance risks facing the organisation.
• The position shall further provide assurance that company policies and procedures are being complied with and that the organisation meets the regulatory and its own standards and ensure that compliance support is aligned to business strategy.

Duties:

• Implement and manage an effective compliance program through the development and management of risk and compliance plans.
• Develop and review company policies including effective implementation of policies and guidelines.
• Advise management on the companys compliance with laws and regulations through detailed reports.
• Create and manage effective action plans in response to audit discoveries and compliance violations.
• Regularly audit company procedures, practices, and documents to identify weaknesses or risks.
• Tracking and monitoring of key risk indicators, controls, and action plans
• Assess company operations to determine compliance risk.
• Conduct research on compliance related topics.
• Develop training materials and assist with training to ensure all employees are educated on the latest regulations and processes.
• Assist in compiling risk and compliance reports.
• Collaborate with other leaders on cross-functional initiatives that focus on the mitigation of compliance risks
• Work with external partners such as internal audit to ensure the effectiveness of the compliance function
• Assist in innovating the compliance program and function and identify improvements to existing Processes and Plans.
• Provide guidance to business and assist with implementation of compliance policies and projects
• Drafting and compiling regulatory submissions

Minimum Requirements:

• Completed Matric & LLB, Legal or Compliance qualification/s.
• Successfully passed the Key Individual Regulatory Examination 1, as required by the FSCA for Licensed Compliance Officers
• At least 5 years Compliance experience in the Financial Services industry
• 2nd Line Compliance experience

Advantageous Experience:

• Combined Assurance Planning and Execution
• 1st Line Compliance experience
• Regulatory Complaints Handling
• Phase I Approved - Category I FAIS Licensed Compliance Officer
• Postgraduate Diploma in Compliance Management
• Risk Qualifications