Compliance Officer
1 month ago
The Recruitment Council is seeking an experienced Compliance Officer to join our team in South Africa. The successful candidate will be responsible for ensuring that the company complies with regulatory requirements, best practices, and internal policies.
Job DescriptionThis is a unique opportunity to work with a leading recruitment agency in the country's capital city. As a Compliance Officer, you will be responsible for:
- Embedding a culture of compliance within the organization
- Ensuring compliance with laws and provisions applicable to insurers and financial services providers, with a focus on FAIS, PPR, POPIA, FICA, and the Insurance Act
- Monitoring compliance and reporting on any non-compliance issues
- Presenting findings and engaging with management to resolve any compliance concerns
- Maintaining a register of non-compliance issues
- Assisting with ad-hoc rollouts of compliance-related initiatives
- Supporting the Head of Compliance with regulatory reviews, inspections, and investigations
- Developing and implementing an internal compliance framework that reflects the organization's unique characteristics and compliance with legislative requirements
To succeed in this role, you will need to have a strong understanding of regulatory requirements and a proven track record of ensuring compliance within a financial services environment. You will also need to possess excellent communication and problem-solving skills, as well as the ability to work independently or as part of a team.
RequirementsWe are looking for a highly skilled and motivated individual who meets the following requirements:
- Educational Qualifications: LLB or Bcom degree; Compliance Management Certificate or Postgraduate Diploma in Compliance (preferable)
- Work Experience: 2-3 years of experience in compliance, preferably in a life insurance environment; 1 year of monitoring experience in a life insurance environment (preferable)
- Skills and Qualifications: General knowledge and understanding of legislation in the financial services environment; proficiency in MS Office; excellent communication and problem-solving skills
We offer a competitive salary package, including a base salary of R600,000 per annum, plus benefits such as medical aid, retirement fund contributions, and annual leave.
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