Compliance Manager

2 weeks ago


Durban, South Africa Pro Talent Full time

Must have to qualify for shortlist:
Bachelor of Commerce Qualification or Law Degree

Post-Grad Diploma in Compliance Management or Certificate in Compliance Management

Must have completed FAIS Key Individual Regulatory Exams

Registered as a Compliance Officer under the FAIS Act for Category I FSPs with the FSCA

A general understanding of the non-life insurance industry is desirable

More than 5 years corporate compliance experience at middle management level

Previous hands-on experience of working directly with Regulators (FSCA & PA)

Experience in compiling compliance reports

Knowledge of industry best practices and professional standards

Advanced hands-on experience and knowledge of prudential and market conduct regulatory matters

Knowledge of all non-life related regulations and industry guidelines, FAIS, TCF as well as all new applicable industry legislation

Key Legislation (Insurance Act, Short Term Insurance Act (STIA), Financial Sector Regulations (FSR), Governance and Operational Standards of Insurers (GOI) and Insurance Groups (GOG), Policy Holder Protection Rules (PPR) an absolute requirement

Some exposure to Financial Sector Transformation Codes (FSC), Financial Intelligence Centre Act (FICA) and Protection of Personal Information Act (POPI) an advantage

Salary market related based on experience.


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