Senior Compliance Officer - Brackenfell, Cape Town at Shoprite Group of Companies

Job Objectives

Strategic Compliance Oversight:

• Analyse and report on compliance risks within the Group Compliance Risk Framework.
• Provide inputs to the Group Compliance strategy and collaborate with business stakeholders to define compliance-related activities.

Compliance Advisory Services:

• Act as a central point of reference and expertise in compliance-related matters for functional business units.
• Provide proactive guidance and support in addressing compliance gaps and risks.
• Assist with acquisitions like purchase agreements and transfer applications.

Compliance Monitoring and Reporting:

• Establish and recommend effective compliance monitoring mechanisms to ensure adherence to laws, regulations, and policies.
• Prepare and submit comprehensive compliance reports to management and regulatory authorities.
• Monitor store compliance, identify deviances and mitigate risks.
• Maintain the Liquor Shop Compliance system for all stores.

Policy and Procedure Development:

• Research and draft compliance governance policies in alignment with relevant laws and regulations.
• Maintain existing policies and procedures to reflect changes in regulatory requirements.
• Coordinate legal matters of Liquor Shop business (e.g., compliance notices).
• Manage licence applications for new business development.
• Manage current applications and ensure final approval.
• Coordinate and ensure stores adhere to legal requirements.
• Manage minor applications (e.g., managerial appointments, structural change applications etc.) 

Stakeholder Engagement: 

• Engage with internal stakeholders to understand business operations and compliance needs.
• Engage with external stakeholders (e.g., liquor boards) and manage relationships.
• Collaborate with senior decision-makers to shape and influence compliance practices. 

Continuous Improvement Initiatives:

• Drive continuous improvement initiatives to enhance compliance processes and procedures.
• Stay abreast of regulatory changes and industry trends, incorporating best practices into compliance strategies.
• Stay abreast of all provincial liquor legislations and application procedures. 

Qualifications

• Admitted Attorney or CA(SA) with the necessary Degree: B.Compt; B.Compt Honours, B.Com Law LLB; B.Proc; BA Law with LLB or LLB (preferred). 
• Membership in the South African Compliance Institute (CISA) with adherence to the CISA Code of Conduct (essential). 

Experience

• +6 years' experience as a Compliance Officer in a Group Governance and Compliance team, with specific exposure to governance, compliance, and risk practices within the context of Group-wide frameworks, policies, procedures, and guidelines (essential).
• Exposure to applying King IV principles, relevant laws, regulations, and best practices as they relate to the Group and specific business areas (essential).
• Regulatory knowledge and experience with liquor regulations in South Africa and Africa.
• Familiarity with Group-related monitoring mechanisms and audit procedures (essential).
• Understanding and exposure to creating and managing compliance-related knowledge assets for alignment, learning, and guidance within a central repository (essential).
• Additional exposure to Group-wide or cross-functional matrix structures is highly beneficial.