Description The purpose of this role is to provide an efficient and effective service for the Regulatory Risk & Compliance function which contributes to business growth and strategy realisation.Conduct research on regulatory and market trendsIdentify new and emerging regulatory trendsCommunicate regulatory developments to team and relevant stakeholdersAssist with the compilation of regulatory universeAnalyse legal requirements and convert into plain languageAssist with development of compliance risk management plansAssist with compiling and distributing of holistic monitoring reports.Assist with planning for and conducting of Self-AssessmentAssist to create and update the Planning MemorandumMonitor controls.Take actions on findings.Execute technical monitoring through prudential review and process.Provide input into regulatory reports / responses.Develop material for training and awareness initiativesConduct research on regulatory and market trendsIdentify new and emerging regulatory trendsCommunicate regulatory developments to team and relevant stakeholdersAssist with the compilation of regulatory universeAnalyse legal requirements and convert into plain languageAssist with development of compliance risk management plansAssist with compiling and distributing of holistic monitoring reports.Assist with planning for and conducting of Self-AssessmentAssist to create and update the Planning MemorandumMonitor controls.Take actions on findings.Execute technical monitoring through prudential review and process.Provide input into regulatory reports / responses.Develop material for training and awareness initiativesExperience, knowledge & skills required Degree in a related field3 – 5 years Risk management, QA and Compliance experience within the Insurance industry.BA/BCom DegreeLegal or auditing degree (advantage) Compliance Management Certificate Privacy/Data Management Certificate (advantage)Cybersecurity Management Certificate (advantage)Postgraduate Diploma in Compliance Management (advantage)RE 1 and RE 5 (advantage)Preference for Members of Compliance Institute of Southern Africa (CISA) Minimum 2 years relevant experience in a regulatory risk & compliance role, in a financial institution and ideally in Short Term Insurance (STI), coupled with operational STI experienceMinimum 1 or 2 years relevant experience in cybersecurity within the regulatory risk and compliance environment in a financial institution (preferably insurance/banking)Minimum 1 or 2 years relevant experience in privacy/data within the regulatory risk and compliance environment in a financial institution (preferably insurance/banking)Previously appointed as a privacy/data governance officer in a financial institution (preferably insurance/banking) (advantage)SkillsEducationBachelor of Commerce (BCom): Compliance (Required), Bachelor of Commerce (BCom): Law (Required)Closing Date19 April 2024
