Regulatory Change Analyst

Discovery Limited; Johannesburg; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading financial services company in Johannesburg seeks a Regulatory Change Analyst to manage compliance with legislative changes. Candidates should have a relevant tertiary qualification and 1 to 3 years of experience in compliance. The role involves tracking legislative changes, facilitating training, and representing compliance at industry forums. The position promotes a proactive and organized individual with strong analytical skills.

Qualifications

• 1 to 3 years’ experience within a compliance environment focusing on regulatory change.
• Clear understanding of regulatory change.
• Understanding of the financial services and insurance industry.

Responsibilities

• Scan and assess regulatory change developments.
• Facilitate regulatory workshops.
• Track progress of legislative changes.
• Manage regulatory dashboard and universe.
• Create content for regulatory changes.
• Represent compliance at industry forums.

Skills

Legislative knowledge and interpretation

Advanced research skills

Strong listening skills

Organizational skills

Communication skills

Attention to detail

Education

Relevant tertiary qualification

Post-graduate in compliance management

Job description

Discovery – SA Composite Compliance

Compliance Specialist– Regulatory Change Analyst- 6 Months FTC

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

Key Purpose

SA Composite Compliance is looking for a dynamic individual to join the SA Composite Compliance: Regulation, Culture & Governance team as a Regulatory Change Analyst to assist management to effectively and productively manage its responsibilities to comply with legislative changes, regulation, industry standards, codes, guidelines and practice.

Areas of responsibility may include but not limited to

• Scan, identify, assess and circulate regulatory change developments.
• Facilitate regulatory workshops with the relevant business owners on the legislative changes.
• Continuously monitor and track progress of legislative changes including management and maintenance the regulatory change repository.
• Manage and maintain the regulatory universe and regulatory dashboard.
• Create content for regulatory change and developments i.e. newsletters, position papers, special insights, regulatory change analyses, etc.
• Management of collating and submission of comments to influence the change of legislation.
• Provision of input into the regulatory training plans based on the regulatory universe and identified future needs. Training material support in terms of regulatory requirements, research and review.
• Facilitate and co-ordinate specific regulatory change projects including assisting management to effectively manage its responsibilities to comply with these regulatory requirements.
• Input into business unit specific monthly and quarterly compliance reports.
• Compliance representative at industry forums and bodies.
• Build, develop and maintain relationships with the key internal and external stakeholders relevant to the functional area and / or area of specialisation.
• Ensure that team annual objectives are met.

Role Specific Competencies

• Legislative knowledge and interpretation.
• Advanced research skills.
• Authoring reports and other documents.
• Frameworks and methodologies.
• Local and international regulatory universe experience.
• Write in a well-structured and logical way.
• Ability to review compliance guidance notes.
• Strong listening, organisational and communication skills.
• Work independently and as part of a team when required.
• Support management in achievement of team objectives.
• Efficient time management skills, including quick turnaround time on work.
• Attention to detail.
• Focus on implementation and aligning the law to a business model.
• Able to work under pressure.
• The ability to think in an analytical and conceptual manner.

Personal Attributes and Skills

• Focused.
• Organised.
• Proactive.
• Perceptive.
• Analytical.
• Trustworthy.
• Excellent Interpersonal skills.
• Team player.
• Resilient.

Education and Experience

• Relevant tertiary qualification.
• Must have a clear and in-depth understanding of regulatory change.
• At least 1 to 3 years’ experience within a compliance environment with a focus on regulatory change and frameworks.
• Understanding of the financial services and insurance industry essential.
• Advantageous:
  • Post-graduate in compliance management.
  • CPrac accreditation.

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.