Senior Specialist: Investment Compliance at Liberty Group South Africa

Purpose

• Responsible for development and coordination of investment risk compliance management programmes and ensures that investment risk compliance management programmes are designed to identify and measure investment risk compliance by developing and using risk identification and measurement methods such as risk and control self-assessments, loss event database and process flow analysis.
• Responsible to make accurate investment risk compliance mitigating recommendations to implement internal controls, transfer risk e.g. 3rd party insurance or avoid the risk-related business. Collect and analyses investment risk compliance information and ensures that the organisation is adequately protected against loss. Draft reports including recommendations on proactive management decisions to prevent investment risk compliance events.

Minimum Experience

• 3 - 5 years experience in a similar environment, of which 1 -2 years at a junior specialist level

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Generic Management

Additional Minimum Qualifications

Outputs

Process

• Collaborate with different business areas to provide staff with knowledge and awareness of relevant laws, regulations and standards.
• Understand and apply existing best practice frameworks to assist in the implementation of identified subject matter processes and standards.
• Identify, diagnose and recommend improvements and provide specialist advice and support; ensuring that solutions are appropriate and effective.
• Verify, evaluate and report on operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance.
• Keep abreast of regulation and industry developments to advise and guide on key compliance risk issues; enabling informed decision making.
• Recommend and advise on compliance requirements that needs to be embedded in the development of area specific processes.
• Accountable for the improvement of quality, service and work outputs, continuously recommending improvements.
• Plan for the organisation of work outputs and process improvement activities in light of a specific situational context related to the area of specialisation.
• Proactively identify area of specialisation related problems, determine cause and effect and recommend the best option to implement corrective action based on previous experience.

Customer

• Provide specialist expertise and advice to internal/external customers, that builds strong relationships and creates a favourable impression aligned to Treating the Customer Fairly (TCF) principles.

Finance

• Adhere to financial controls, governance and compliance policies and processes throughout an area of specialisation, contributing to cost efficiency.

Learning and Growth

• Contribute positively to human capability improvement, related to knowledge optimisation and associated with area of specialisation.

Governance

• Monitor and provide feedback on the effectiveness of compliance practices and procedures: preventing illegal, unethical or improper conduct.
• Comply to risk and governance policies, implement and provide subject matter input to the development of related processes, applicable to the area of specialisation.