Compliance Specialist

**THE JOB AT A GLANCE**

As a Compliance Specialist, you will be responsible for pro-actively and constructively assisting the RMA Group in managing its responsibility to comply with all applicable regulatory legislative requirements, applicable regulatory codes and standards, and internal policies and procedures.

**WHAT WILL YOU DO?**

**Compliance process and policy development**:

- Draft and periodically review compliance policies and procedures
- Ensure the Organisation-wide implementation of the compliance policy and process
- Provide quality assurance on all Compliance Risk Management Plans compiled by Divisional Compliance Champions
- Fulfil any task necessary to achieve the Compliance Function’s objectives
- Conduct continuous research and development of compliance methodology/process

**Compliance monitoring and reporting**:

- Implement an Organisation-wide reporting procedure to ensure compliance with the reporting responsibilities as required by the Regulator(s)
- Analyse, collate and interpret organisation-wide compliance reports
- Submit detailed and summarised reports on areas covered, findings and appropriate recommendations for improvement to management and the Risk Committee and other Board-Sub committees
- Conduct independent compliance monitoring e.g. Control Adequacy Assessments and Control Effectiveness Assessments / testing, special reviews and risk indicator monitoring;
- Monitor regulatory developments and interpreting regulatory requirements

**Stakeholder relationship management and training**:

- Facilitate resolution of compliance breaches
- Provide ongoing advice to Departments
- Assist with the training of staff on compliance related matters
- Promote compliance awareness.

**WHAT YOU'LL BRING TO THE TABLE?**
- Legal Degree / Compliance qualification / Auditing qualification
- Admission as an attorney or advocate (advantageous)
- Registered as a Compliance Officer with the FSCA
- Insurance Regulatory Exam (RE1) an advantage
- 3-5 years’ corporate compliance experience
- 2-4 years’ working experience within an insurance or financial institution
- Good working knowledge of FAIS will be an added advantage
- Practical knowledge of applicable insurance and related legislation
- Ability to interface with Regulators
- Functional Knowledge of COIDA (advantageous)
- Excellent verbal communication and writing skills
- Ability to work under pressure and meet deadlines
- Good presentation skills and ability to interact with senior management
- Experience in compiling compliance reports
- Professional Compliance Designations i.e. CPRAC(SA) or CPROF(SA) an advantage

**WHAT WILL YOU GET IN RETURN?**

We offer great opportunities for personal and professional development in a stable company that’s 128 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.

**Turnaround time**

**Closing date**:
**Our Commitment to transformation**:
- Legal Degree / Compliance qualification / Auditing qualification
- Admission as an attorney or advocate (advantageous)
- Registered as a Compliance Officer with the FSCA
- Insurance Regulatory Exam (RE1) an advantage
- 3-5 years’ corporate compliance experience
- 2-4 years’ working experience within an insurance or financial institution
- Good working knowledge of FAIS will be an added advantage
- Practical knowledge of applicable insurance and related legislation
- Ability to interface with Regulators
- Functional Knowledge of COIDA (advantageous)
- Excellent verbal communication and writing skills
- Ability to work under pressure and meet deadlines
- Good presentation skills and ability to interact with senior management
- Experience in compiling compliance reports
- Professional Compliance Designations i.e. CPRAC(SA) or CPROF(SA) an advantage