Compliance Specialist

Compliance Specialist

About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

Key Purpose

SA Composite Compliance is looking for a dynamic individual to join the SA Composite Compliance: Regulation, Culture & Governance team as a Compliance Specialist to (1) assist the compliance function in effectively and productively manage its compliance reporting communications and reporting obligations and (2) assist management in effectively and productively manage its responsibilities to comply with its timeous submission of regulatory and statutory reporting 

Areas of responsibility

The successful candidate will be required, primarily, but not limited to:

• Manage and maintain all compliance related reporting, including reporting to executive management, board and board sub-committees. 
• Input into business unit specific monthly and quarterly compliance reports.
• Manage the non-compliance incident reporting and tracking.
• Multidisciplinary data analytics for efficient reporting and trends analyses.
• Facilitation of meetings including secretarial functions.
• Review of regulatory training material from a legislative perspective.
• Drafting and reviewing of compliance guidance notes, regulatory position papers and strategic insights.
• Drafting and review of policies, manuals and frameworks, where applicable, including facilitation of consultation processes, approvals and attestations.
• Perform adhoc monitoring reviews, where applicable.
• Assisting with the facilitation, management and oversight of compliance related internal and external audits.
• Assist with the management of applicable internal compliance systems and external submission portals.
• Assist with the delivery against a defined reporting and regulatory engagement schedule of submissions.
• Assist with the continuous monitoring and tracking all regulatory engagements including management and maintenance of the regulatory engagement repository.
• Compliance representative at industry forums and bodies.
• Build, develop and maintain relationships with the key internal and external stakeholders relevant to the functional area and / or area of specialisation.
• Create frameworks and processes to ensure the delivery of the function.
• Ensure that team annual objectives are met.

Role Specific Competencies

• Advanced data analytics skills.
• Legislative knowledge and interpretation of the reporting requirements.
• Business and compliance reporting structures and administration
• Authoring reports and other documents.
• Frameworks and methodologies.
• Write in a well-structured and logical way.
• Ability to review compliance policies and compliance guidance notes.
• Strong listening, organisational and communication skills.
• Work independently and as part of a team when required.
• Support management in achievement of team objectives.
• Efficient time management skills, including quick turnaround time on work.
• Attention to detail.
• Focus on implementation and aligning the law to a business model.
• Able to work under pressure.
• The ability to think in an analytical and conceptual manner.

Personal Attributes and skills

• Focused.
• Organised.
• Proactive.
• Perceptive.
• Analytical.
• Trustworthy.
• Excellent Interpersonal skills.
• Team player.
• Resilient.

Education and Experience

• Relevant tertiary law degree (LLB).
• Must have a clear and in-depth understanding of the regulatory and compliance function reporting requirements.
• At least 2 to 3 years' experience within a compliance environment with a focus on regulator engagement, communications and reporting.
• Understanding of the financial services and insurance industry essential.

Advantageous:

• Post-graduate in compliance management.
• CPrac accreditation.
• Management and leadership development.

EMPLOYMENT EQUITY   

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.