Compliance Manager

Responsible for the development of a Compliance monitoring programme for the company.

The Compliance Manager will be mainly responsible for driving the monitoring and oversight programme and for the reporting of the Compliance Results for group licenses and with laws good governance prescripts the rules and regulations of regulators that company policies and procedures are being followed and that there is a compliance culture within the Group.

Responsible for the development of a Compliance monitoring programme for the company.

To develop initiate maintain and revise policies and procedures for the general operation of the Compliance Function of the Company and its related activities to prevent and mitigate non- compliance with all applicable laws.

Managing of the day-to-day operation of the Compliance Function.

Developing periodically reviewing and updating Codes of Conduct to ensure relevance in providing guidance to management in respect of compliance.

Cultivating and managing working relationship with a variety of stakeholders including third parties Industry Associations and all areas of the business to direct compliance issues to appropriate existing channels for investigation and resolution.

Consulting with the legal and risk departments as required to resolve complex legal compliance issues.

Responding to alleged contravention of rules regulations policies procedures and codes of conduct by evaluating or recommending the initiation of investigative procedures.

Developing and overseeing a system for uniform handling of such violations.

Acting as an independent review and evaluation body to ensure that compliance issues/concerns within the organisation are being appropriately evaluated investigated and resolved.

Assisting in identifying potential areas of compliance vulnerability and risk.

Developing and implementing corrective action plans for resolution of problematic issues.

Providing general guidance on how to avoid address or prevent recurring breaches in the future.

Ensuring proper reporting of violations or potential violations.

Instituting and maintaining an effective compliance communication and compliance training program for the organisation.

Monitoring the performance of the Compliance Function and relates activities on a continuing basis taking appropriate steps to improve its effectiveness.

Qualifications

BCom General / Law or LLB.

Compliance Management Certificate from the Compliance Institute or equivalent.

Experience

A minimum of 5 to 7 years insurance compliance experience of which 2 years must have been in a Management Role with insurance compliance as area of specialisation.

Knowledge of legislative framework including Companies Act Financial Advisory and Intermediary Services Act Insurance Act Short-term and/or Long-term insurance regulatory framework and other relevant legislation affecting the company.

Knowledge and understanding of Financial Intelligence Centre Act Anti Money Laundering legislation and exposure to operational risk will be an advantage.

Knowledge of compliance processes and requirements

Analysis of Bills and new government policy which may impact the organisation.

Business Acumen

Understands how the business operates what the key issues and risks are that drives business success; and how they impact the business strategy and model on the commercial viability of potential ventures and the profitability of Guardrisk.

Collaboration

Prioritises the business interests of Guardrisk and invests in the success of the group by aligning effort across divisions.

Client/ Stakeholder Commitment

Anticipates meets and exceeds clients needs by creating long lasting relationships that support the client value proposition supports their financial wellness and ensures client centricity.

Impact and Influence

Persuades convinces influences and inspires others both within Guardrisk and externally to win support loyalty and gain commitment to the purpose of Guardrisk and the larger MMH Group.

Results & Solutions focused driven

Drive a sense of urgency focus accountability agility and execution to deliver business results.

Networking

Create and maintain a useful network of expertise to advance the interest of Guardrisk.

Leads Change and Innovation

Actively leads change does what is right for the business and drives continuous improvement through innovation.

Diversity and Inclusiveness

Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.