Officer Compliance

Eskom Holdings SOC Ltd; South Africa; On-site; ZAR 520,000 - 700,000; Full time

Job summary

Eskom Holdings SOC Ltd is seeking a compliant and proactive professional to support the Finance Business Unit with risk-based compliance management at Megawatt Park, Sunninghill. You will provide guidance on regulatory items, assist in implementing risk controls, and help minimise compliance breaches while aligning with strategic initiatives.

The role requires strong knowledge of financial services compliance, good communication with operational management, and the ability to manage projects and

Qualifications

• Matric
• Bachelor’s Degree in law or commerce
• Postgraduate Diploma in Compliance Risk Management (advantageous)
• Admitted Attorney/ working towards admission (advantageous)
• FAIS Compliance Officer (advantageous)

Responsibilities

• Project management and implementation of key compliance projects
• Identify gaps or potential deficiencies in compliance and other business areas and resolve
• Risk assessment of regulatory items
• Comments on draft bills and other draft regulatory requirements
• Maintain compliance risk assessments and compliant risk management plans prioritised regulatory items
• Compliance monitoring activities
• Recommended corrective actions – prescribing and escalations
• Managed corrective action
• Implementation of requirements arising from new and amended regulatory items
• Compliance training on regulatory items
• Compliance reporting
• Provide advice to business on compliance matters and implementation of controls, including control effectiveness assessments

Education

Bachelor’s Degree (law or commerce)

Postgraduate Diploma in Compliance Risk Management

Matric

Admitted Attorney/ working towards admission

FAIS Compliance Officer

Job description

Job category: Compliance, Security and Auditing

Location: Sunninghill

Contract: Permanent

Remuneration: Market Related

EE position: No

Introduction

Position / Task Grade: T12 Division: ESCAP Business Unit: Finance Location: Megawatt Park, Sunninghill Gauteng.To provide effective and efficient compliance support services to the Business Unit in support of the organisation's strategic initiatives.

To implement compliance risk management solutions within strategic guidelines and policies and to facilitate the management of compliance risks and breaches within the Business Unit through application of accepted risk management principles. Reporting to the Manager: Compliance, the successful incumbent will be responsible for proactively and constructively assisting business in managing its responsibility to comply with all regulatory items and minimise compliance risks through the provision of advice and guidelines to operational management through the application of risk management principles, policies, processes and procedures.

Key Responsibilities

• Project management and implementation of key compliance projects
• Identify gaps or potential deficiencies in compliance and other business areas and resolve
• Risk Assessment of Regulatory items
• Comments on draft bills and other draft regulatory requirements.
• Maintain compliance risk assessments and compliant risk management plans prioritised regulatory items
• Compliance monitoring activities.
• Recommended corrective actions – prescribing and escalations
• Managed corrective action
• Implementation of requirements arising from new and amended regulatory items
• Compliance training on regulatory items
• Compliance reporting.
• Provide advice to business on compliance matters and implementation of controls, including control effectiveness assessments

Formal Qualifications

• Matric
• Bachelor’s Degree (law or commerce)
• Postgraduate Diploma in Compliance Risk Management (advantageous)
• Admitted Attorney/ working towards admission (advantageous)
• FAIS Compliance Officer (advantageous)

Knowledge & Experience

• At least 3 years’ experience in financial services compliance, non-life insurance experience will receive preference
• Knowledge of Financial Services Regulatory Environment