About the position
The clients Group Compliance department is looking for a knowledgeable, self-starter to join their team as a Compliance Manager (Senior) to assist the client effectively and productively in managing its responsibility to comply with all the regulatory requirements and
minimize the compliance risks identified in business. The purpose of the role is to have managerial oversight of the corporate portfolio and providing guidance and support to the corporate team.
Providing strategic guidance and support to the business on the implementation of new and changed regulatory obligations.
Managing the Regulatory Profile of the business, engaging with the executive management team on any incidents (breaches and exposures) relating to its regulatory obligations.
Providing guidance to the business and executive management to ensure that business objectives (strategic and operational) is aligned to the Regulatory Framework and Exposure profile of the business.
Providing thought leadership and insights into business processes and procedures.
Responsible for collation and reviewing of reports and other documents and ensuring timeous submissions to relevant Board(s) and Committees.
Keep abreast of regulatory developments and changes in the financial services industry, with particular focus on Corporate Governance.
Management of compliance staff and overseeing all staff related activities and matters.
Conduct regular performance reviews.
Review business activities to determine compliance with applicable regulatory requirements.
Compiling of appropriate engagement letters.
Draft and produce finalized working papers and evidence for all components of work, as per standards set in the Compliance Methodology.
Ensure that working papers are appropriate and include supporting evidence/documents.
Agree detailed findings with management and provide appropriate recommendations for management actions.
Preparation of follow-up progress reports.
Personal attributes and skills
Experience and skills to manage a professional team.
Detailed knowledge of South African legislation and regulations to be able to interpret and apply legislation.
Problem solving skills and conflict-management of situations in a constructive and professional manner.
Ability to make rational judgements from the available information and analysis and provide considered and consistent advice.
Strong communication, reporting and presentation skills.
Ability to work as a team, understand the impact of decisions and be confident enough to raise concerns within the team and to senior management.
Strong research ability and attention to detail.
Strong listening, organizational and communication skills.
Strong leadership and teamwork qualities, including but not limited to guiding and motivating of team members to achieve a common goal, setting of objectives for the team and helping our develop and be productive.
Foster a positive work environment that promotes employee satisfaction and retention.
Experience working in or with short- or long-term insurance companies is beneficial.
Detailed and technical expertise in areas like Corporate Governance, Labor Relations, Financial regulations.
Develop an effective network with business representatives and to build the necessary trust relationship with business representatives, such as Executive members and senior management.
Writes in a well-structured and logical way – must have ability to write and review compliance policies and draft compliance guidance notes and reports with detail required to inform the business of regulatory requirements and potential impacts.
Able to work well under pressure.
Efficient time management skills, including quick turnaround time on quality work.
Education and Experience
Relevant tertiary education
Post-graduate qualification in Compliance Management (advantageous)
6 years’ experience in large corporate environment in management, including staff management, implementation and maintenance of processes and procedures.
Demonstrated success leading change initiatives.
Desired Skills:
- Compliance
- Implementation
- Maintenance
- Management
- Staffing
