Compliance Officer (Insurance Industry)

Staff Concepts; Midrand; On-site; ZAR 800 000 - 850 000; Full time

Job summary

An established industry player seeks a Compliance Officer to implement compliance strategies aligned with regulatory standards. This pivotal role involves directing compliance functions, managing risks, and ensuring the organization meets its regulatory responsibilities. The ideal candidate will have extensive experience in the financial services sector, with a strong background in compliance management. Join a dynamic team where your expertise will significantly impact the company's adherence to regulations and enhance its operational integrity.

Qualifications

• 5+ years’ compliance experience in the financial services industry.
• Successfully passed the Key Individual Regulatory Examination 1.

Responsibilities

• Direct the compliance function and manage regulatory compliance risks.
• Assist the business in fulfilling its regulatory responsibilities.

Skills

Compliance Strategy Implementation

Regulatory Compliance Risk Management

Regulatory Complaints Handling

Education

LLB or Legal Qualification

Post Graduate Diploma in Compliance Management

Risk Qualifications

Job description

Implement the compliance strategy aligned with the compliance monitoring plan to assist the business in fulfilling its regulatory responsibilities. This involves directing the compliance function through the identification, assessment, management, monitoring, and reporting of regulatory compliance risks facing the organization.

Salary: R 800k to R 850k plus perks

Requirements

1. LLB, Legal, or Compliance qualification.
2. Successfully passed the Key Individual Regulatory Examination 1 as required by the FSCA for Licensed Compliance Officers.
3. Phase I Approved - Category I FAIS Licensed Compliance Officer (advantageous).
4. Post Graduate Diploma in Compliance Management (advantageous).
5. Risk Qualifications (advantageous).

Experience

• At least 5 years’ compliance experience in the financial services industry.
• 2nd line compliance experience (advantageous):
• Combined assurance planning and execution.
• 1st line compliance experience.
• Regulatory complaints handling.