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The Ignition Group is one of Africa's largest providers of technology, media, telecommunication and financial services, and is built around a powerful purpose - to make life better through innovative technology.
We approach markets that are traditionally complex and contested, and then simplify them, making life easier for consumers, and business more effic...
The role
Are you an experienced individual in all things Compliance, Legal, and Risk, looking for an adventurous career move? We are an organization that firmly believes in moving forward and seizing opportunities. A good business never relies on previously established ways and methods but rather lies in the ability to innovate.
With an environment that presents unique and changing challenges, it’s with excitement that we begin our search for a talented, multi-faceted Head of Compliance to be responsible for the successful implementation, management, and monitoring of the Companies’ Compliance, Legal and Risk function.
A dynamic position that requires attention to detail, the ability to multitask, a desire to troubleshoot and resolve issues, and the ability to communicate effectively. The ability to cultivate strong relationships with key stakeholders, a definite advantage.
The detail
Enterprise Risk Management, Compliance, Legal
- Actively participate in various committees, and interact with legal counsel and regulatory bodies when required.
- Identify and advise the Audit and Risk Committee, Executive Management, and Management of emerging compliance issues and guide the company in the establishment of controls to mitigate risks.
- Issue corrective action notices to management when compliance deficiencies are found and follow up to ensure appropriate corrective action is accomplished.
- Provide technical assistance and resources to lines of business to implement new or changed legal or regulatory requirements.
- Provide knowledge and technical expertise to management for new and changed products.
- Interpret and clarify legislative changes.
- Maintain compliance database of regulations, procedures, and monitoring activities.
- Ensure all group regulatory policies and procedures have been documented, implemented, communicated, and followed, and implement new policies and/or procedures as necessary.
Insurance
- To take responsibility for the insurance control functions.
- Broker channel knowledge
Leadership
- Ensure that the compliance department activities run smoothly and efficiently by providing leadership, training, and supervision.
- Provide strategic direction and input to the department and company in general.
- Direct staff in assessing and monitoring of the companies’ internal controls to ensure compliance with all relevant laws and regulations through formal compliance audits.
Reporting
- Submit monthly reports to the Executive Committee, quarterly reports to the Audit and Risk Committee and the Social and Ethics Committee, and ad-hoc reports as per regulatory requirements.
Are you this person?
- LLB degree, completed articles, postgraduate certification in Compliance and Risk – do you tick all these boxes?
- Do you have a minimum of six years’ experience in a compliance role of which three years were on an executive level?
- Implementing systems and procedures, drafting reports, and delivering on regulatory compliance reviews, training, and presentation skills – is the familiar ground to you?
- Would you consider yourself a fundi in compliance with a focus on short-term and long-term insurance, FAIS, FICA, FSR Act, POPI, IA, CPA, and TCF?
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