Compliance Specialist

Time left to apply: End Date: May 12, 2025 (3 days left to apply)
Job requisition id: R33484
Job Description
To monitor processes and related controls in accordance with compliance methodology and minimum standards and provide support to experienced Regulatory Risk and Compliance professionals that require robust regulatory compliance advice and guidance.
Introduction
Hello Future Compliance Specialist,
Welcome to FNB, the home of the #changeables.
We design for the shapeshifters and deliver products and services that make us incredibly proud of the people that make it happen.
As part of our team in FR Life Assurance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious.
Now's the time to imagine your potential in a team where experts come together and ignite effective change.
Key Responsibilities

Execute compliance activities based on the Compliance Strategy Plan to provide assurance on regulatory compliance levels.
Monitor new regulatory mandates, rules, and requirements; ensure policies are current and revisions are promptly disseminated.
Design and implement compliance training and educational programs; participate in management training and induction programs.
Advise the business on compliance with applicable laws and regulations to ensure ongoing adherence.
Assess the impact of regulatory developments on business operations and collaborate on compliance measures.
Conduct compliance monitoring reviews and audits as scheduled or required.
Review and monitor audit outcomes and follow-up on recommendations.
Manage regulatory compliance breaches, including identification, analysis, resolution, and escalation.
Provide professional compliance advice and guidance to the business.
Contribute to statutory projects and monitor their implementation.
Create awareness of new compliance requirements and assess their impact.
Support stakeholders in identifying compliance risks and weaknesses.
Prepare documentation for statutory applications to regulatory bodies.
Build and maintain relationships with stakeholders and the compliance community.
Provide compliance input and act as a trusted advisor in projects.
Deliver compliance reports on activities and non-compliance instances.
Review business policies from a regulatory perspective and recommend improvements.
Identify, assess, and report on compliance risks.
Candidate Requirements

Relevant legal qualification.
Risk management experience (advantageous).
Minimum 5 years' experience in compliance, with in-depth knowledge of life insurance and consulting business.
Technical understanding of the Insurance Act, Financial Advisory and Intermediary Services Act, and Financial Intelligence Centre Act.
Additional Benefits

Networking and collaboration opportunities.
Progressive and agile work environment.
Opportunities for innovation and ownership of initiatives.
Ideal Candidate Traits

Adaptable and curious.
Ability to analyze complex data.
Collaborative mindset.
Apply now to take the next step.
We look forward to engaging with you!
All appointments will align with FirstRand Group's Employment Equity plan.
The bank supports the recruitment of individuals with disabilities, who may disclose their disability voluntarily.
This information will be kept confidential unless legally required to disclose.
Job Details
Note: Applications will not be accepted after the deadline: 12/05/25
Introduce Yourself
Introduce yourself to our recruiters, and we will contact you if a suitable role arises.
About Us
FNB serves retail and commercial customers with a range of financial products and services, including insurance, savings, and investments.
Recognized as a leading bank, FNB offers innovative solutions to help customers navigate life's challenges and opportunities, with numerous awards and a strong digital presence.
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