Compliance Specialist - Kzn

New Beginnings Recruitment; Durban; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading recruitment firm seeks a Compliance Officer to assist in aligning compliance functions with legal and regulatory requirements. The role involves monitoring compliance risks, providing guidance, and fostering a compliance culture within the organization. Candidates should possess a legal degree and relevant experience in risk management and the insurance industry.

Qualifications

• Legal Degree or relevant qualification required.
• 2-3 years experience in Risk Management and Compliance.
• Experience in the Insurance Industry is essential.

Responsibilities

• Assist the manager in ensuring compliance with legal and regulatory requirements.
• Monitor compliance risk policies and procedures across group branches.
• Provide compliance guidance and support to the Group of Companies.

Skills

Compliance regulations

Risk management

Insurance sector knowledge

Communication

Stakeholder engagement

Education

Legal Degree

LLB Degree

Compliance Certificate

Admitted Attorney

Job description

Job Description

Assist the manager in ensuring that the compliance function aligns with legal, industry, and regulatory requirements.

Promote the prevention of legal and regulatory risks within the company (TCF).

Maintain efficient and effective compliance operations.

Ensure adherence to policies and procedures related to the compliance function (TCF).

Represent the Compliance and Regulatory Affairs department at specific forums as required.

Responsible for Compliance Monitoring and Reporting.

Monitor compliance risk policies and procedures at the Head Office and across group branches.

Maintain standardized monitoring procedures.

Complete monitoring reports.

Provide compliance guidance and support to the Group of Companies.

Contribute to the development of compliance risk management plans.

Assist in completing internal and regulatory compliance reports.

Provide training and raise awareness on compliance matters.

Create awareness of legal requirements (TCF) within the group.

Inform employees about relevant compliance issues.

Develop, educate, and promote a healthy, business-oriented compliance culture.

Regularly meet with stakeholders, including regional managers, to identify and address compliance risks.

Requirements

Education

• Legal Degree or relevant qualification
• LLB Degree
• Admitted Attorney (advantageous)
• Compliance Certificate (advantageous)

Experience

• 2-3 years experience in Risk Management and Compliance
• 2-3 years of experience in the Insurance Industry

Key Skills

Strong understanding of compliance regulations, risk management, and the insurance sector. Excellent communication and stakeholder engagement skills.

Additional Details

• Employment Type: Full Time
• Vacancy: 1
• Monthly Salary: 40,000 ZAR