A Financial Services company based in the North of Johannesburg have a vacancy for a Risk and Compliance Specialist.
Duties & Responsibilities
Proven experience as compliance manager;
5 years’ experience in an Internal Audit and Compliance Function;
In-depth knowledge of the industry standards and regulations;
Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision;
Ability to work effectively in a fast paced, team environment; and
Strong interpersonal skills and the ability to effectively communicate, both written and verbally.
Appropriate Bachelor’s Degree and/or Post Graduate Certificate in Compliance and/or Risk Management and/or Auditing;
Legal background will be advantageous;
FAIS Qualification RE5 and RE1 will be advantageous.
Risk – Duties and Responsibilities
Leads the identification, communication, measurement, and management of company-wide risk;
Develop Enterprise Risk Management (“ERM”) tools, practices and policies to analyse and report enterprise risk, and manage risks according to an ERM framework;
Regulatory and Risk Gap analysis;
Provide assistance in reviewing Risk Appetite Statements
Drive enterprise-wide remedial risk and compliance action plans (risk mitigation steps) across the business supported by appropriate reporting requirements, as defined from time to time
Monitoring of action plans and control environment for all risks as identified on the risk registers;
Assistance with compiling strategic risks and reviewing operational risks per department;
Ensure the companies risk management policies and strategies are in compliance with applicable regulations and the strategic imperatives of the company;
Monitor all operational risk management activities of the company;
Manage oversight of incident management process and ensure that business is reporting significant risk event to Risk and Compliance Department;
Providing support, education and training to staff to build risk awareness within the organisation;
Ensure the maturity of the Risk Control Self-Assessment (RCSA) program within the business, inculcating an organisational culture that places high priority on sound internal controls and policies.
Compliance - Duties and Responsibilities
Developing maintaining and updating Compliance Risk Management frameworks;
Ongoing monitoring – to ensure effective management of compliance risks;
Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies;
Evaluating the efficiency of controls and improve them continuously;
AML: Overseeing the development, implementation, and maintenance of an anti-money laundering program/systems within the business
Support internal and external stakeholder relationships to ensure effective business collaboration;
Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control;
Prepare reports for senior management and external regulatory bodies as appropriate;
Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk-based challenges and offer appropriate solutions
Providing training in key legislative areas where necessary;
Key legislative areas – FAIS, FICA, Market Conduct, POPIA, NCA, Companies Act ;
Other ad hoc projects.
Other – Duties and Responsibilities
Assist with Annual SOX audits; and
Ad-hoc request as required
Disclaimer: If you have not been contacted within 2-weeks of applying please consider your application unsuccessful.