Compliance Manager

-Introduction

Through our client-facing brands Metropolitan and Momentum, with Momentum Multiply (our wellness and
lifestyle rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the
group enables business and people from all walks of life to achieve their financial goals and life aspirations.
We help people grow their savings, protect what matters to them and invest for the future. We help companies
and organisations care for and reward their employees and members. Through our own network of advisers or via
independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions
Role Purpose

To manage the execution of the compliance programme within the Admin FSP as per the FAIS Act and to ensure
the achievement of Risk and Compliance objectives and to build relationships with stakeholders at all levels to
support business to fulfil their Compliance obligations.
Requirements
- Legal or Audit degree (preferred)
- Relevant Finance or Business degree with a post-graduate qualification in Audit or Compliance
- FAIS phase 1 and 2 CO approval (compulsory)
- Minimum of 8 years' Compliance experience in the financial services industry
- 1 year CO on record at another LIP (optional)
- Key skills needed include:

- Working knowledge of CIS, Long-Term Insurance Act, Banks Act (compulsory)
- Strong understanding of Compliance management frameworks, processes and industry best
practices
- Sound understanding of relevant functional practices and policies from a Risk and Compliance
perspective
- Sound understanding of relevant legislation and its impact on business strategy
- Able to translate legal knowledge for a non-legal audience
- Team leadership and management skills
- Strategic thinking and execution skills
- Excellent written and verbal communication, influencing and presentation skills
- Assertive and resilient
- Able to work under pressure
- Interpersonally agile and strong at building relationships at all levels
- Analytical and attentive to detail
- Able to work independently and with multiple teams
- Deadline and solution-driven
- Comfortable with change and able to deal with the unexpected
Duties & Responsibilities
Assurance
INTERNAL BUSINESS PROCESSES:

- Oversee the design of the regulatory universe and monitoring coverage plan (MCP)
- Oversee the Implementation of the coverage plan including scoping and interaction with business, process

analysis and report-writing.
- Ensure the regulatory compliance breach management and follow-up process is followed to enable business

to manage and resolve breaches
- Monitor and provide appropriate oversight for any outsourced or independent compliance functions

performed by any legal entities in the business
- Review all formal and ad hoc reports
- Work with other assurance providers to provide combined assurance ((Risk, Internal and External Audit and

Actuarial where relevant)
- Initiate and contribute to the review of all critical business processes from a regulatory compliance

perspective and make recommendations for improvement
- Oversee completed audits and ensure follow up on outstanding findings and required areas of improvement
- Prepare Quarterly Compliance Report and present to Exco
- Submit Quarterly Compliance Report to Group Compliance function and assist Group Compliance function to

compile the Quarterly Group Compliance Report
Advising (written compliance opinions / memos)
INTERNAL BUSINESS PROCESSES:

- Provide professional advice and guidance to business on compliance matters
- Continually align the compliance landscape to the business strategy to enable the business to achieve its

objectives in a compliant and sustainable way
- Monitor and communicate regulatory change and actively influence the business to establish control

frameworks
- Assess the possible impact of any regulatory development on the operations of the business and work with

the business to manage compliance
- Oversee quality of advice and reports submitted to business

Training and awareness
INTERNAL BUSINESS PROCESSES:

- Identify reactive and proactive Compliance training needs
- Draft / review content of Compliance training material for dedicated Learning and Development teams

for roll-out to business
- Participate in induction training for new employees

Stakeholder engagement
RELATIONSHIPS:

- Build trusted advisor relationships with internal and external stakeholders and ensure they are

provided with service excellence
- Build strong relationships with internal and external stakeholders as well as the wider MMI Risk and

Compliance community
- Contribute to and participate in critical statutory projects on a formal and ad hoc basis
- Prepare / review statutory reporting to relevant regulatory, industry or supervisory bodies where

required (e.g. FAIS / NCR reporting)
- Create awareness of new compliance requirements and provide guidance on their potential impact

where relevant
- Suppor