Key Purpose<\/p>\n
\tTo effectively and proactively assist Discovery Invest First Line Compliance in managing its responsibility to comply with all Regulatory requirements and minimize the compliance risks identified in business by implementing compliance risk management processes that includes identification, assessment, management, monitoring and reporting of compliance risks that are faced by the business.
\n\tIn addition to the above, the role also requires engagement with 2nd Line Compliance functions as well as internal operations stakeholders.<\/p>\n
Areas of responsibilities<\/p>\n
To assist and support the Head:First Line Compliance & Business Improvement) in fulfilling his mandate which includes but is not limited to:<\/p>\n
\tImplementation of the Group Compliance Framework as relevant to the applicable Business Unit and advising on processes and suitable control frameworks to implement strategic regulatory obligations
\n\tProvision of strategic guidance and support to the Business Units on the implementation of new and changed regulatory obligations and with the aim of ensuring that business objectives (strategic and operational) are aligned to the regulatory framework and exposure profile of the business
\n\tManaging the Regulatory Profile and engaging with the Executive Management team on any incidents and exposures relating to its regulatory obligations
\n\tDevelopment and oversight of reports as well as setting reporting standards to provide accurate pertinent compliance reports
\n\tProject management in support of compliance requirements, implementation of systems, procedures, policies and training requirements
\n\tCompliance monitoring of the applicable business unit compliance functions and assurance across the business units
\n\tAssist management with identification and evaluation of compliance exposures and regulatory breaches
\n\tEngagements with Regulators and with other interest groups in the industry.
\n\tImplementation of the Fraud Control Management System (FCMS)<\/p>\n
Education, Knowledge and Experience<\/p>\n
\tRelevant tertiary qualification (preferably in the legal or commerce field).
\n\tThe person must have a clear and in-depth understanding of the Collective Investment Schemes Act, the FAIS Act (especially Cat I, II and III) and the Long-Term Insurance Act as it relates to the underwritten investments policies.
\n\tAt least 5 years of compliance-related experience.
\n\tExperience in drafting Compliance Risk Management Plans and conducting Compliance monitoring
\n\tAt least 3 years of experience in a First Line Compliance role<\/p>\n
Competencies<\/p>\n
\tAdaptable
\n\tExcellent communication skills
\n\tResilient
\n\tTeam Player<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( ) or<\/p>\n
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