Junior Compliance Officer

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 organizations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilizing new platforms Momentum Metropolitan provides practical financial solutions for people, communities, and businesses.

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Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The role will assist in the implementation of Momentum Life compliance function and the annual compliance monitoring plan in line with relevant regulations and other compliance requirements from an assurance perspective and to proactively advise business on the impact of new developments in legislation. It will also be focused on the development of our future compliance officers and is intended for the individual who is focused on growth and career development.

Requirements

Experience and Qualifications

• Relevant compliance experience required.

• Key skills needed include:

• Ability to interpret statutory, regulatory and supervisory requirements.
• Good written and verbal communication and report writing.
• Basic Presentation.
• Strong administrative and organisational.
• Computer literacy.
• Ability to work under pressure.
• Deadline driven
• Ability to build relationships
• Strong administrative and organisational.
• Ability to translate legal knowledge for a non-legal audience
• Ability to work independently and in a team

• Currently studying towards a Business/law/commercial/compliance Degree/Diploma.

• Legal, Audit or commercial (e.g. Accounting) degree/national diploma (preferred).

• 1-5 years relevant experience required.

Duties & Responsibilities

Assurance

• Derive a monitoring coverage plan which talks to the Regulatory Universe and CRMPs of high-risk pieces of legislation.

• Implement the coverage plan including scoping and interaction with business, process analysis and report-writing.

• Monitoring and auditing relevant compliance records, processes and systems.

• Following-up on any outstanding non-compliant matters pertaining to the daily findings.

• Assist with the proper establishment and maintenance of procedures on the identification, reporting and resolution of compliance breaches and other compliance and regulatory issues.

• Assist in drafting monthly and quarterly compliance reports within your scope of responsibility to line Management.

• Contribute to the review of all critical business policies from a regulatory compliance perspective and make recommendations for improvement.

Advisory

• Assess the possible impact of any regulatory development on the operations of the business and work with the business from a compliance perspective.

• Provide advice to business on compliance and implementation of controls, including control effectiveness and adequacy assessments.

TrainIng and awareness

• Identify training needs to mitigate the training instances of non-compliance identified during monitoring.

• Assist in compliance specific induction training.

Effective teamwork, Self-management and alignment with Group values

• Act at all times in ways that are consistent with MMH's brand and values.

• Continuously drive own professional development.

• Engage constructively with performance feedback.

• Handle stress in ways that do not negatively impact others.

• Continually share, debate and communicate learnings.

• Flag and debate issues constructively.

• Work collaboratively with others to achieve shared goals.

• Positively influence and manage change.

Competencies

• Business Acumen

• Customer/Stakeholder Commitment

• Drive for results

• Drive change and innovation

• Collaboration

• Impact and influence

• Self-Awareness and Insights

• Diversity and Inclusiveness