Compliance Intern | Cape Town

6 months ago


Cape Town, South Africa The Recruitment Council Full time

Join our clients dynamic Compliance Unit as a Compliance Intern, where you will play a crucial role in ensuring our adherence to regulatory requirements, best practice guidelines, and internal policies.

Duties and Responsibilities:

  • Assist in fostering a culture of compliance under the guidance of the Compliance Officer.
  • Support compliance with relevant laws and regulations impacting insurers and financial services providers, focusing on FAIS, PPR, POPIA, FICA, and the Insurance Act.
  • Contribute to the development of risk-based Monitoring Plans.
  • Take ownership of Compliance Monitoring activities.
  • Manage changes in FAIS profiles and report on compliance levels.
  • Present findings and engage effectively with management.
  • Maintain the Noncompliance Register and support ad hoc compliance initiatives.
  • Assist in regulatory reviews, inspections, and investigations.
  • Contribute to compliance awareness and training initiatives.
  • Review and help develop relevant policies.
  • Assist the Head of Compliance in monitoring industry developments and emerging legislation.
  • Report on new laws and their impact on our operations, ensuring awareness and understanding.
Experience and Qualifications:

  • LLB, Risk Management, or BCom qualification.
  • Compliance Management Certificate or Postgraduate Diploma in Compliance (preferred).
  • 1 year of compliance experience (advantageous).
  • Solid understanding of financial services legislation.
  • Proficiency in MS Office with strong reporting skills.

Competencies:

  • Excellent communication skills, both verbal and written.
  • Team player with a flexible approach to work.
  • Strong problem-solving abilities and a proactive attitude.
  • Eagerness to learn and develop professionally.
  • Demonstrates integrity and ethical behavior.
  • Diligent with keen attention to detail.
  • Ability to perform under pressure and work independently when required.
  • Effective self-management skills.

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