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Local Compliance Manager

2 weeks ago

Johannesburg, South Africa AIG Full time

To oversee compliance risks across the organisation through policy and procedure development and implementation, risk assessment, monitoring & testing, training, advisory activities, and investigations. The develop partnerships with business functions to integrate compliance management in daily business activities and strategic planning to foster and maintain an ethical culture throughout the Company and to mitigate the company’s legal, regulatory, and reputational risks.
- Compliance Policies and Procedures: Review and maintenance of policies, and any related procedures, periodically to determine whether updating is necessary to reflect changes in law or regulations.
- Advisory Services: Provide guidance and advice on various compliance risk-related matters to assist Business Functions as they assess opportunities, as well as address challenges, related to governance, performance, and growth to facilitate strategies for execution.
- Compliance Risk Assessments: Participate in an annual global risk and control self-assessment (“RCSA”) program to facilitate the identification, assessment, monitoring and measurement of operational risks. As part of this overall program, evaluate inherent and residual risk ratings for Key Compliance Risks including the evaluation of key laws and regulations; policies, procedures and processes; training; monitoring and testing results, as well as relevant Audit and Regulatory reports for Key Compliance Risks.
- Compliance Testing: Develop and maintain a company-wide Monitoring and Testing program designed to verify that business operations comply with certain AIG policies and standards, as well as key laws and regulations. The testing program includes coverage of Key Compliance Risks, as agreed upon with Operational Risk Management and the execution of the approved Monitoring & Test plan designed to enable management determine where it might need to focus resources in order to improve processes, develop remediation plans to address control deficiencies, address emerging risks or implement key initiatives in order to meet business objectives.
- Compliance Training: developing and implementing an annual country compliance training program addressing key compliance topics, designed to enhance employee knowledge, and understanding of compliance policies and procedures, laws, regulations, and standards of good business conduct.

**Qualifications**:

- Business or Law Degree or
- Professional qualifications in Audit / Risk Management

**Skills**:

- Risk Assessment
- Negotiations
- Audit and Investigations
- Data Interpretation
- Conflict Resolution
- Communication
- Problem Solving

Experience

3 + years level experience in the fields of:

- Compliance Monitoring and Testing
- Policy and Legal and Regulatory Review
- Risk Management

Technical Skills
- Compliance Management
- Risk Management
- Legal Review

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit:

- Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:
CP - Compliance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG South Africa