Risk and Compliance Internship - 12 Months Contract

OUTsurance; Centurion; On-site; ZAR 90,000 - 130,000; Full time

Job summary

OUTsurance invites applications for a Risk and Compliance Internship (12 months) based in Centurion, Gauteng. The role supports monitoring compliance risks, regulatory reporting, and collaboration with Combined Assurance teams to strengthen controls.

The internship requires a Degree in Legal or Auditing, SA citizenship, and INSETA eligibility. You will develop analytical skills, engage with stakeholders and contribute to a practical compliance framework.

Qualifications

• Degree in Legal or Auditing (required).
• Candidates should demonstrate strong analytical and communication abilities.
• Eligibility for INSETA internship program as per requirements.

Responsibilities

• Assist with monitoring compliance risks and determine state of compliance in various business units.
• Assist with ensuring that all regulatory and compliance risks are identified, managed, mitigated and reported on.
• Assist with ensuring the compliance monitoring plan is executed.
• Record non-compliance matters identified and follow through on recommendations.
• Foster and maintain good working relationships with internal stakeholders and collaborate with assurance departments to improve efficiency.
• Provide input and reporting on compliance risks and early detection of potential contraventions.
• Provide input to internal stakeholders on possible contraventions of compliance risks.

Skills

Communication skills

Team player

Interpersonal skills

Problem-solving

Initiative

Learner mindset

Ethical conduct

Education

Degree in Legal or Auditing

Job description

Risk and Compliance Internship - 12 Months Contract

• Intern
• FAIS: Non-Financial Advice Giving Role

OUTsurance is a customer-centric financial services company with a global foot print. We are vibrant, successful and values orientated with an awesome dynamic culture encapsulated by the ethos that clients and staff “always get something OUT.” Our success can be attributed, amongst other things, to the outstanding people that work for us.

To monitor and provide assurance on the adherence to compliance practices throughout the OUTsurance Southern Africa Operations to ensure compliance risks are managed and reported across the organisation.

Key output

• Assist with monitoring compliance risks and determining the state of compliance in various business units.
• Assist with ensuring that all regulatory and compliance risks are identified, managed, mitigated and reported on.
• Assist with ensuring that the compliance monitoring plan is executed.
• Recording of non-compliance matters identified and follow through on the agreed recommendations.
• Foster and maintain a good working relationship with internal stakeholders and contribute meaningfully in these engagements.
• Collaborate with Combined Assurance departments (Risk Management, Internal Audit and Quality Assurance) when conducting monitoring to ensure there is no duplication of efforts and improve efficiencies and that compliance issues are raised to appropriate existing channels for investigation and resolution.
• Provide input and ensure accurate reporting and articulation of compliance risks.
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection.

ADHOC DUTIES

The following are duties you may be requested to perform as and when business needs require.

• Providing support on legislative compliance matters and to assist with the implementing, development and maintaining of the Compliance Risk Management Framework.
• Analyse current and forthcoming regulations, proposals and legislation and provide meaningful, detailed analysis.
• Providing support to Compliance Officers in responding to compliance matters and resolving queries.
• Assist Compliance Officers to draft input in order to influence proposed legislative changes and projects initiated by the regulators and industry bodies.

Qualifications

• Degree in Legal or Auditing

Take note to qualify for an INSETA Internship program you need to:

• Be a South African citizen
• Not previously part of an internship/learnership with INSETA
• Be between the ages of 18 & 35
• Unemployed in the last 2 months
  • Communicate clearly and concisely.
  • A team player with a flexible approach.
  • Good people skills as well as being able to communicate well.
  • Very strong interpersonal skills and the ability to build relationships.
  • Problem-solving skills to find solutions.
  • A desire to learn and grow.
  • Takes initiative and works under own direction.
  • Upholds ethics and values and demonstrates high levels of integrity.
  • Engages professionally.
  • Methodically plans and organises tasks and projects.
  • Works meticulously always demonstrating a very high level of attention to detail.
  • Adapts and responds positively to change.The ability to multitask and handle stress.

In accordance with OUTsurance Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.