Compliance Specialist

Telesure Investment Holdings (Pty) Ltd (TIH), is the holding company of some of
South Africa’s leading financial long and short term insurance providers. Our
portfolio includes South Africa’s most loved and recognisable brands such as 1st
for Women, Auto & General, Budget, Dialdirect, Virseker and 1Life. Employee
Benefits Administration via our Hippo Advisory Services, which includes health
insurance, provident fund and group life administration. Hippo is South Africa's
first comparison website and compares insurance, other personal finance
products, travel, health, money, travel, cars from a range of South African
brands. We’re pioneers with a hunger for the best, bringing customer-focused
innovation and service excellence to the financial services industry. We’re an
undivided team of diverse thinkers and doers who believe in leading through
technology and pushing beyond limits.

**Job Functions** Compliance & Regulatory Affairs
**Industries** Insurance
**Specification**

Provide advisory governance and monitoring services which support and deliver
ongoing compliance solutions in accordance with all applicable legislation and in
line with the strategy of the statutory compliance function. Perform general legal
work in order to reduce business risk.
Compliance Monitoring
Manage a portfolio of compliance assignments, ensuring that the team plans
and delivers compliance that cover identified risk areas and that appropriate
corrective actions are agreed on with business. Resolve issues arising from
compliance activities and refer serious or contentious issues to the management.
Identify any compliance risks and take immediate remedial action.
Participate in compliance activities in line with the compliance risk management
and monitoring plan.
Monitor any changes to processes that may have an impact on compliance to
legislation, and report these to the Senior Manager: Compliance.
Insights and Reporting
Follow the reporting strategies and templates. Execution of complex reports,
identifying and interpreting complex patterns and trends, and translating those
insights into actionable recommendations.
Ensuring Group compliance with relevant legislation through ongoing analysis and reporting. Report
on the compliance status of the Group internally to the
General Manager, Executive Heads, Group Chiefs and key
individuals on a monthly, quarterly and annual basis. Drive
utilization of the various compliance systems to enhance
reporting.
Regulatory & Compliance Management
Investigate all kinds of incidents and reports, and provide expert advice to more senior colleagues.
Identify and minimize risk exposures and ensure adherence with regulatory
standards by working with all internal functions to make sure compliance
programs are properly implemented.
Assist with with the development and implementation of the compliance risk
management and monitoring plan.
Ensuring that all products as well as new products comply with relevant legislation.
Stakeholder Engagement
Contribute to stakeholder engagement through identifying
stakeholders, finding out their needs/issues/concern and
reacting to these by arranging meetings and events and
drafting supporting materials to promote understanding and commitment. Build
relationships with various internal and external stakeholders. Keep all
stakeholders informed of regulatory requirements, changes and deadlines.
Improvement / Innovation
Identify shortcomings and suggest improvements to existing processes, systems
and procedures, then delivers a plan for a small element of a change
management program with guidance from a project/program manager.
Personal Capability Building
Develop own capabilities by participating in assessment and development
planning activities as well as formal and informal training and coaching; gain or
maintain external professional accreditation where relevant to improve
performance and fulfill personal potential. Keeping abreast with amendments to legislation, industry trends and best practice and maintain an understanding of
relevant technology, external regulation, and industry best practices through
ongoing education, attending conferences, and reading specialist media.
Compliance Management System
Contribute to the identification and evaluation of current
policies and business processes that are in the scope of the Compliance
Management System; contribute to the design of the CMS; provide specialist
compliance management input to the drafting of new policies and procedures,
and design of business processes; contribute to the quantification of the costs
and business benefits of change. Manage and maintain an effective compliance
system. Drive delivery of compliance automation.
Policy Development & Implementation
Help develop policies and procedures for an area of the organization or the
group as a whole, and monitor their implementation.
Drive an awareness of these policies and procedures and ensure training is
undertaken throughout the organisation on