Compliance Manager

Cfs Recruitment (Pty) Ltd; South Africa; On-site; ZAR 1,000,000 - 1,800,000; Full time

Job summary

Cfs Recruitment (Pty) Ltd is seeking a Compliance Manager in Short-Term Insurance to lead the compliance function from our Bedfordview office in Gauteng. The role involves establishing a robust compliance framework, risk monitoring, and regulatory alignment within the insurance sector.

You will guide policy development, training, and stakeholder advisory across business units, ensuring a customer-centric compliance culture and proactive risk mitigation in a permanent, senior-management capacity.

Qualifications

• 3-5 years' compliance experience within financial services.
• Strong compliance risk management and regulatory monitoring expertise.
• Sound knowledge of South African financial services legislation.
• Experience conducting compliance reviews, audits and control testing.
• Ability to develop and implement compliance frameworks, policies and procedures.

Responsibilities

• Establish and maintain the compliance management framework.
• Develop and execute compliance risk management and monitoring plans.
• Conduct compliance reviews, testing, and file sampling.
• Manage regional compliance functions and external compliance providers.
• Assist business units in mitigating compliance risks.
• Perform SOP compliance testing and track corrective actions.
• Draft, implement, and maintain compliance policies.
• Deliver compliance training and regulatory awareness programmes.
• Guide compliance-related queries.
• Promote a strong, customer-centric compliance culture.
• Monitor business practices for compliance risks and potential customer harm.
• Escalate compliance and conduct concerns where required.

Skills

Compliance experience

Risk management

Regulatory knowledge

Audits & testing

Governance frameworks

Education

RE 5

Compliance Management NQF 7

Class of Business - Personal Lines

Class of Business - Commercial Lines

B Com (Compliance & Risk Management)

Advanced Certificate in Introduction to Compliance

B Com (Law)

Certificate in Anti-Money Laundering Control

LLB

Job description

We are hiring a Compliance Manager in Short-Term Insurance Bedfordview!

Compliance Manager in Short-Term Insurance

Location: Bedfordview, Gauteng
Job Type: Permanent Position
Seniority Level: Management

Duties and Responsibilities:

• Establish and maintain the compliance management framework.
• Develop and execute compliance risk management and monitoring plans.
• Conduct compliance reviews, testing, and file sampling.
• Manage regional compliance functions and external compliance providers.
• Assist business units in mitigating compliance risks.
• Perform SOP compliance testing and track corrective actions.
• Draft, implement, and maintain compliance policies.
• Deliver compliance training and regulatory awareness programmes.
• Guide compliance-related queries.
• Promote a strong, customer-centric compliance culture.
• Monitor business practices for compliance risks and potential customer harm.
• Escalate compliance and conduct concerns where required.

Requirements:

• Sectors: Insurance
• Functions: Compliance
• Qualification Types: Certificates/Certification, Post Graduate Degrees, Under Graduate Degrees
• Qualifications: RE 5, Certificate in Compliance Management NQF 7, Class of Business - Personal Lines, Class of Business Commercial Lines, B Com (Compliance & Risk Management), Advanced Certificate in Introduction to Compliance, B Com (Law), Certificate in Anti-Money Laundering Control, LLB
• Skills:
  • 3-5 years' compliance experience within the financial services industry, preferably in an FSP environment.
  • Strong compliance risk management and regulatory monitoring expertise.
  • Sound knowledge of South African financial services legislation and regulatory requirements.
  • Experience conducting compliance reviews, audits, and control testing.
  • Proven ability to develop and implement compliance frameworks, policies, and procedures.
  • Knowledge of regulatory examinations and competency requirements applicable to FSP licences.
  • Experience in compliance reporting, risk assessment, and remediation tracking.
  • Strong stakeholder management and advisory skills.
  • Experience implementing and maintaining governance frameworks.
  • Excellent analytical, problem-solving, and communication skills.

Reporting: You will report to the Human Resource Executive.