Job title : Compliance Process Specialist
Job Location : Gauteng, Roodepoort Deadline : December 28, 2024 Quick Recommended Links What will you do?
Position Specific Outputs
- The Compliance Process Manager /Specialist will be responsible for ensuring that all regulatory compliance that is applicable to the business, are
- are implemented and enforced and are in line with the controls established by the Risk and Compliance department in Compliance Manual.
- The incumbent will also be responsible for performing periodic compliance monitoring reviews, to identify areas of non-compliance and
- improvement and aid the business unit in executing its responsibility to comply with all regulatory codes and legislative requirements.
- Strong working knowledge of regulatory universe within Corporate
- Performing Periodic Compliance Monitoring Reviews:
- Interact periodically with stakeholders in each BU gathering information in preparation for monitoring activities.
- Conduct controls assessment in advance of monitoring, where required, using defined methodology.
- Plan and execute compliance monitoring activities timeously, using Compliance monitoring processes, systems, and methodology.
Identify Areas of Non-Compliance and Improvement:
- Provide the business with their compliance report highlighting areas of non-conformance.
- Agree deadlines/responsibilities and required improvement
Ensuring Compliance with All Regulatory Codes and Legislative Requirements:
- Monitor the efficiency and consistency of compliance controls.
- Monitor regulatory updates and assist in conducting gap analysis where there are changes
- Consolidate reports to reflect compliance for the business.
- Consolidate tracking documents and progress reports.
- Consolidate defined Regulatory reports for sign off prior to submission to the relevant internal/ external stakeholders.
- Monitor completion of mandatory Compliance training, conducting escalations and reporting on progress.
Specific deliverables:
Continuous improvement:
- Assist with the development and maintenance of the compliance framework
- Develop, facilitate, guide and monitor regulatory and compliance standards of control and assist with the integration and alignment of key business processes with company compliance initiatives
- Monitor and follow up on closure of compliance related findings, raised by assurance providers
Specialist support to projects:
- Develop, facilitate compilation and review of compliance risk management plans on applicable regulatory requirements
- Conduct compliance monitoring through various means
- Compile internal and external compliance reports
- Develop and track action logs flowing from compliance audits
Knowledge management:
- Identify and monitor legislative and regulatory requirements applicable to the Group
- Maintain compliance manual and SharePoint site
- Create compliance awareness and provide training and advisory services to employees, process owners and management as required
Qualification and Experience
Experience
- 6 to 8 years’ experience in corporate compliance within legal/ risk/ compliance environment.
- Medical scheme related experience will be advantageous
Qualifications
- BCom/Law degree or Compliance Qualification. RE 5 or RE 1 qualification required. Eligible to be registered with FSCA.
Personal Attributes
- Credibility: Lead with integrity and trust others as you would like to be trusted -Living the values and being transparent
- Ownership: Make critical decisions based on what's right for AfroCentric and Customers -Owning operational decisions and knowing oneself
- Entrepreneurship: Take chances to continuously improve our Customer's experiences -Driving operational efficiencies
- Influence: Engage with Customers and colleagues to advance the organisation's welfare -Making work happen
- Collaboration: Build work-related network and share knowledge with colleagues -Building networks