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  • Posted: Aug 22, 2024
    Deadline: Not specified
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    The Ignition Group is one of Africa's largest providers of technology, media, telecommunication and financial services, and is built around a powerful purpose - to make life better through innovative technology. We approach markets that are traditionally complex and contested, and then simplify them, making life easier for consumers, and business more effic...
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    Junior Compliance Officer (Umhlanga)

    Description

    • The Junior Compliance Officer will collaborate with various departments to create a culture of risk-awareness and adherence to applicable laws and regulations and is responsible for assisting the Group Head with implementation of strategies, policies, and procedures to mitigate risks, ensure legal and regulatory compliance, and protect the organisation's reputation; and support the Group Head with development, implementation, and maintenance of compliance programs, conducting compliance audits, and providing guidance to employees on compliance and regulatory matters. 

    Key roles and responsibilities : 

    Compliance Program Support

    • Assist in the development and implementation of compliance policies and procedures.
    • Maintain up-to-date knowledge of regulatory requirements and industry best practices.
    • Support the preparation of compliance reports for senior management and regulatory authorities.

    Risk Management, Audits and Assessment

    • Participate in maintaining the company risk register, identifying, analysing, and mitigating key risks.
    • Assist in driving change for continuous improvement initiatives, evaluating past and future risks through comparative analysis.
    • Conduct risk assessments to evaluate internal operations, controls, and financial impact, reporting findings for management and stimulating improvement initiatives.
    • Conduct regular compliance audits to ensure adherence to internal policies and regulatory requirements.

    Compliance and Regulatory Oversight

    • Prepare document packs for regulatory submission, including internal and external audits and inspections.
    • Implement and maintain compliance documents, templates, policies, and procedures.
    • Build compliance and risk awareness through identification, stakeholder engagement, training, and broader regulatory environment strategies.
    • Support the implementation of processes, tools, initiatives, and procedures for identifying, reporting, and resolving compliance and regulatory issues.
    • Ensure information availability and compliance-related processes, maintaining required compliance filing for the company.

    Specific Compliance and Regulatory Oversight:

    • The Junior Compliance Officer is required to provide compliance oversight for health and safety requirements in the organisation and work closely with the SHEQ Lead.
    • Assist internal stakeholders in understanding and complying with global data protection laws that are applicable to the organisation.
    • Assist the Group Head with the management of the organisation’s various insurance policies and ensuring the organisation is adequately covered at all times.

    Policy and Procedure Management:

    • Assist in drafting, reviewing, and updating compliance policies and procedures.
    • Ensure that all compliance documentation is accurate, complete, and accessible.
    • Support the implementation of new regulatory requirements and industry standards.

    Requirements
    Knowledge, skills and attributes:

    • Adaptable in fast-paced environments, with effective communication across organisational levels.
    • Demonstrates sound judgment, professionalism, and competence in providing compliance advice.
    • Solid knowledge of current and developing regulatory compliance issues and trends.
    • Proactive and autonomous, excelling in high-pressure situations and meticulous planning.
    • Implements and evaluates policies, procedures, protocols, and work practices, with a continuous improvement mindset.

    Education and training:

    • LLB, Admitted Attorney.
    • Further degrees or certificates in compliance management or risk management (Advantageous)

    Experience:

    • At least 2 – 3 years of professional experience in a similar position (compliance, quality assurance and/or risk).
    • Experience in corporate and commercial matters.
    • Demonstrate success in providing sound regulatory compliance advice.
    • Demonstrated experience in working closely with a variety of internal and external stakeholders at different levels in the business.
    • Proven experience interacting with regulatory agencies

    Method of Application

    Interested and qualified? Go to Ignition Group on ignition.mcidirecthire.com to apply

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