Jobs Career Advice Post Job
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Nov 7, 2024
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • 1Life Insurance, South Africa’s #1 direct life insurer*, is on a mission to change lives for the better. Our insurance products, content & tools will help you take the first step towards building generational wealth today, ensuring a better life for your family tomorrow.
    Read more about this company

     

    Regulatory Compliance Manager

    Key Areas of Responsibility

    • Compliance risk assessment, identification, managing and reporting of regulatory requirements
    • Comments on draft Bills and other draft regulatory requirements
    • Implement compliance risk assessments and compliant risk management plans for prioritised regulatory requirements
    • Recommended corrective actions – prescribing and escalations
    • Manage regulatory breaches and compliance risk exposures
    • Implementation of requirements arising from new and amended regulatory requirements
    • Contribute to the creation of a compliance culture and compliance awareness in the division by becoming a trusted advisor to 1st line (whilst maintaining independence of mind as part of 2nd line).
    • Execute on all Regulatory Compliance projects (end-end) within set timelines.
    • Provide compliance advice, guidance and recommendations to 1st and 2nd line on structuring agreements in terms of various insurance legislation.
    • Ensure accurate and timely reporting on any non-compliance, the management of compliance risks, and the state of compliance in the division (1st line)
    • Provide advice, guidance, and recommendations to stakeholders on the state of regulatory compliance by reporting on how key risks are being managed, highlighting areas that require immediate attention and recommend corrective action to and by stakeholders.
    • Present potential compliance regulatory findings to stakeholders through formal engagement. Take an active part in all Regulatory Compliance governance.
    • Have a monthly one-on-one engagement with each of your key stakeholders in 1st and 2nd line (e.g., business, risk team, legal team)
    • Assist in filing regulatory reports to the respective regulators, keeping the company in good standing with regulatory bodies.
    • Compliance reporting

    Behavioural Competencies

    • Analytical Thinking
    • Sense of urgency
    • Result & learning orientated
    • Team player
    • Innovative
    • Collaborative
    • Attention to detail
    • Be able to work under pressure 

    Requirements

    Experience and Qualifications

    • Law degree(s) (essential)
    • At least 5 years’ relevant experience in regulatory compliance and risk management; monitoring and reporting (essential)
    • Certificate or Diploma in Compliance Management (advantageous)
    • Member if CISA (preferable)
    • Strong speaking / verbal expression
    • Strong writing skills
    • Facilitation
    • Conflict Handling
    • Influencing
    • Financial Services Regulatory Environment (life and non-life)
    • Advanced level of knowledge of financial sector laws including the Insurance Act and Regulations, FAIS Act, STIA, LTIA, PPR’s, FICA, etc)
    • Operational knowledge of Anti-money laundering legislation
    • Risk Management methodology
    • Compliance management. 

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to 1 Life Insurance on 1life.mcidirecthire.com to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at 1 Life Insurance Back To Home

Career Advice

View All Career Advice
 

Subscribe to Job Alert

 

Join our happy subscribers

 
 
 
Send your application through

GmailGmail YahoomailYahoomail