Financial Operations Compliance Specialist
2 months ago
Network Recruitment is seeking a highly skilled Financial Operations Compliance Specialist to join their team in ensuring the quality and compliance of financial operations, focusing on IFRS 17 reporting and solvency management assessment framework.
About the RoleThis role involves overseeing the development and implementation of quality assurance policies and procedures, including IFRS 17 compliance and reporting. The successful candidate will conduct audits of reporting from partners, claims, and underwriting processes, as well as monitor and assess compliance with the solvency management assessment framework to ensure financial stability and risk management.
Key Responsibilities- Develop and Implement Quality Assurance Policies: Create and enforce policies and procedures to ensure adherence to IFRS 17 compliance and reporting standards.
- Conduct Audits and Assessments: Regularly audit reporting from partners, claims, and underwriting processes to identify areas for improvement.
- Monitor and Ensure Compliance: Oversee the implementation of the solvency management assessment framework to ensure financial stability and risk management.
To be successful in this role, you will require:
- A Qualified CA(SA) qualification.
- At least 2-3 years' experience as an Assistant Manager or in a similar role in an audit environment.
- Strong knowledge of IFRS 17 and its application in financial operations.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership and team management capabilities.
- The ability to work in a high-pressure, fast-paced environment.
The estimated salary for this position is R850,000 - R1,050,000 per annum, depending on experience. Network Recruitment offers a comprehensive benefits package, including medical aid, retirement fund, and generous annual leave.
About Network RecruitmentNetwork Recruitment is a leading recruitment agency specializing in finance and audit roles. Our team of experts has a deep understanding of the industry and is dedicated to finding the best candidates for our clients.
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