Senior Compliance Officer - Centurion at Momentum Metropolitan Holdings Limited

Requirements

Qualifications

• Relevant legal qualification
• Member of the Compliance Institute of Southern Africa
• C.Prac (advantageous)
• Risk management (advantageous)
• RE1
• RE5 (advantageous)
• Meet the requirements to be registered with the FSCA and FIC for relevant regulatory roles.

Experience

• Minimum 5 years’ experience in an end-to-end compliance function with in dept knowledge of the life insurance (group business), consulting business and pension fund industry.
• Must have technical understanding of the Insurance Act and Pension Funds Act
• Must have a strong understanding of the Financial Advisory and Intermediary Services Act, Financial Intelligence Centre Act.

Duties & Responsibilities

• Managing FIC/AML compliance within the business and ensuring timeous reporting to the regulatory authorities.
• Managing FAIS compliance within the business and ensuring timeous reporting to the regulatory authorities. 
• Developing and implementation of compliance risk management plans
• Proactively identifying existing and potential control deficiencies and exposures from ongoing monitoring reviews
• Proving guidance to business on the avoidance/mitigation of potential compliance risks and implementation of remedial action plans
• Maintaining expert knowledge on applicable laws and regulations, including relevant amendments thereto.
• Propose and implement compliance management awareness programs. 
• Promoting a positive compliance culture that emphasis and demonstrates the importance of policies, procedures and internal controls by pointing out the implications of non-compliance. 
• Developing leading and/or participating in the staff compliance training

.Competencies

• Ability to identify compliance risks and make recommendations that are appropriate for the business.
• Attention to detail and meticulous accuracy is essential.
• Ability to professionally communicate with various levels of staff and management.
• Ability to explain technical legal requirements to non-legal persons in plain and understandable language.