Head of Risk and Compliance Specialist

4 weeks ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Job Title: Head of Risk and Compliance

This is a critical role that ensures our organization adheres to industry regulations, mitigates risks, and fosters a culture of compliance. The ideal candidate will have a strong background in the insurance sector and a proven track record in risk management and compliance.

Key Responsibilities:
  • Develop and implement a comprehensive risk management and compliance strategy aligned with organizational goals.
  • Ensure compliance with all relevant laws, regulations, and industry standards.
  • Oversee the preparation and submission of regulatory reports.
  • Identify, assess, and mitigate risks related to business operations, including financial, operational, and reputational risks.
  • Create and maintain risk management and compliance policies, procedures, and controls.
  • Update them as necessary to reflect changes in the regulatory environment.
  • Collaborate with senior management and the board of directors to communicate risk and compliance issues.
  • Provide guidance on risk-related matters.
  • Develop and deliver training programs to promote a culture of compliance and risk awareness across the organization.
  • Oversee the investigation of compliance breaches and risk incidents.
  • Implement corrective actions and preventive measures.
  • Reporting: Prepare and present risk and compliance reports to senior management and regulatory bodies.
Requirements:
  • Bachelor of Law: LLB, BCom Law, BA Law or equivalent qualification.
  • Minimum 5-8 years post-qualification experience in the financial services/insurance sector.
  • 2 years' experience in a management position.
  • FSCA, RE5, FAIS certifications (advantageous).
  • Admitted Attorney of the High Court (required).
  • Strong communication and leadership skills.
  • Excellent report writing skills.


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