Senior Assurance Manager

2 weeks ago


Johannesburg, Gauteng, South Africa Specd Full time

KEY OUTPUTS:

  • Management of the team
  • Ensure that the legal, risk and compliance team are aware of their specific roles and responsibilities
  • Assist with the development plan for each member of the legal, risk and compliance team
  • Provide guidance and ensure there is a skill transfer within the legal, risk and compliance team
  • Policy wording and Communication templates
  • Assist with maintaining and drafting of all policy documentation
  • Review communication templates, forms, and disclosures
  • Assist with member communication and partner communication
  • Compliance Processes (ex gratia, complaints, intermediary accreditation, FICA)
  • Ensure that the various processes are aligned with the required legislative and regulatory requirements
  • Assist with providing legal, risk and compliance support on any queries relating to these processes
  • Assist with reviewing legal responses that are required for complaints and FICA
  • Intermediary and partners
  • Ensure sufficient oversight over partners and intermediaries
  • Engage with partners on any compliance issues that may arise
  • Assist with process changes required with the implementation of legislative and regulatory requirements
  • Ensure important changes are communicated to partners and intermediaries
  • Legal Agreement and Opinions
  • Assist business with drafting of legal agreements
  • Assist with negotiating clauses in legal agreements
  • Provide legal opinions to business
  • Governance and Forensics
  • Assist with developing and implementing a governance framework (structure, committee terms of reference)
  • Assist in engagement on forensics matters and providing opinions
  • Engage with third party providers on forensic matters
  • Regulatory Updates and Implementation
  • Keep abreast of changing legislation
  • Communicate changes in legislation to business
  • Assist with regulatory implementation within business
  • Combined Assurance and enterprise risk management
  • Assist with developing an enterprise risk framework
  • Review and risk rate the processes through control selfassessments
  • Identify controls and test adequacy of the controls
  • Assist with managing the risk committee engagements
  • Compliance Monitoring
  • Develop and maintain a first line compliance monitoring plan
  • Engage with business on reviews and results
  • Ensure adequate reporting is in place
  • Reporting and Regulatory Engagement
  • Ensure sufficient reporting to Exco and the Board
  • Assist with regulatory reporting
  • Engage with the FSCA and PA
  • Training
  • Providing training to staff and partners regarding compliance processes
  • Provide training to staff and partners regarding new legislation and regulations
  • General
  • Liaising effectively with all internal clients (Legal, Compliance, Forensics, Internal Audit, etc.)
  • Liaising effectively with all external clients (policyholders, insurers, outsourced partners, intermediaries)
  • Attend meetings with various stakeholders
  • Accurate filing and record keeping
  • Adhoc projects and general business assistance
  • Maintain acceptable level of competence through ongoing training
  • Assist with training on relevant legal and compliance matters
  • Assist with sharing legal and compliance information to the business


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