Specialist: Compliance - Durban at Assupol

Duties & Responsibilities

Contribute to the efficient and effective functioning of Compliance Function

• Assist the manager to ensure that the compliance function is in compliance with law,and industry and regulatory body requirements.
• Promote the prevention of legal and regulatory risk in the company (TCF).
• Maintain efficient and effective operations in Compliance.
• Ensure that policies and procedures with regards to the Compliance function are being adhered to (TCF).
• Attend specific forums as may be required to represent the Compliance and Regulatory Affairs department.

Responsible for Compliance Monitoring and Reporting

• Monitor compliance risk, policies and procedures at Head Office and branches of Assupol Group.
• Maintain the standardized monitoring procedure.
• Complete monitoring reports. 
• Provide overall compliance assistance, guidance and advice to Assupol Group of Companies.
• Contribute to the development of compliance risk management plans.
• Contribute to the completion of compliance reporting (internal and regulatory).

Provide Training and Awareness on Compliance Matters

• Create awareness in Assupol Group of Companies with legal requirements (TCF).
• Inform employees about relevant compliance matters.
• Develop, educate and enabling healthy and business orientated compliance culture.
• Regularly meet with stakeholders, including the regional managers of the specific business units to identify and address compliance risks.

Requirements

Formal:

• Legal Degree/relevant
• LLB Degree
• Admitted Attorney (advantage)
• Compliance Certificate (Advantage)

Experience:

• 2-3 years’ experience in Risk management and Compliance
• 2-3 years Insurance Industry experience