Compliance Officer: Regulatory Frameworks and Control
4 days ago
We are seeking an experienced Compliance Officer to join our team at the AfroCentric Group. The successful candidate will be responsible for ensuring that all regulatory compliance applicable to the business is implemented and enforced in line with established controls.
About the Role:The incumbent will be responsible for identification and risk rating of applicable laws, analyzing and interpreting regulations using a risk-based approach. This role requires strong working knowledge of the regulatory universe within corporate environments.
A key aspect of this position is assisting with the development and maintenance of the compliance framework, developing and facilitating regulatory and compliance standards of control, and integrating key business processes with company compliance initiatives.
The Compliance Officer will also be responsible for monitoring and following up on closure of compliance-related findings raised by assurance providers, implementing practical solutions using specialist and departmental systems and processes, and providing specialist input and recommendations to improve efficiency, compliance, and quality objectives.
Additionally, the successful candidate will identify problems and develop proposals for solutions, ensure day-to-day operational support is provided to enhance performance, contain costs, support the identification, development, and implementation of cost-effective processes, and review cost-benefit and return on investment within the area of specialization.
Key Responsibilities:- Assist with the development and maintenance of the compliance framework
- Develop, facilitate, guide, and monitor regulatory and compliance standards of control and assist with integration and alignment of key business processes with company compliance initiatives
- Monitor and follow up on closure of compliance-related findings, raised by assurance providers
- Implement practical solutions using specialist and departmental systems and processes
- Provide specialist input and recommendations to improve efficiency, compliance, and quality objectives
The ideal candidate will have 3-5 years' experience in corporate compliance, with a strong working knowledge of regulatory requirements applicable to the Group. A BCom/Law degree or compliance qualification is required, as well as a RE 5 or RE 1 qualification and eligibility to be registered with FSCA. Strong analytical and problem-solving skills are essential, along with excellent communication and interpersonal skills.
Estimated Salary:R450,000 - R600,000 per annum, depending on experience and qualifications.
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