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Compliance Specialist - Durban

Watershed Consulting

Our client is seeking a compliance specialist to join their Durban Office team. You should have a completed LLB qualification and at least 2 years of working experience in Risk/Compliance management in the insurance sector. Responsibilities Contribute to the efficient and effective functioning of Compliance Function Assist the manager to ensure that the compliance function complies with law, 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 regard to the Compliance function are being adhered to (TCF). Attend specific forums as may be required to represent the Compliance and Regulatory Affairs department. Compliance Monitoring and Reporting Monitor compliance risk, policies and procedures at Head Office and branches Maintain the standardized monitoring procedure. Complete monitoring reports. Provide overall compliance assistance, guidance and advice 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 with legal requirements (TCF). Inform employees about relevant compliance matters. Develop, educate and enable a 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. Our client is seeking a compliance specialist to join their Durban Office team. You should have a completed LLB qualification and at least 2 years of working experience in Risk/Compliance management in the insurance sector. Responsibilities Contribute to the efficient and effective functioning of Compliance Function Assist the manager to ensure that the compliance function complies with law, 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 regard to the Compliance function are being adhered to (TCF). Attend specific forums as may be required to represent the Compliance and Regulatory Affairs department. Compliance Monitoring and Reporting Monitor compliance risk, policies and procedures at Head Office and branches Maintain the standardized monitoring procedure. Complete monitoring reports. Provide overall compliance assistance, guidance and advice 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 with legal requirements (TCF). Inform employees about relevant compliance matters. Develop, educate and enable a 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 Legal Degree/relevant LLB Degree Admitted Attorney (advantage) Compliance Certificate (Advantage) Experience: 2-3 years' experience in Risk management and Compliance 2-3 years' experience insurance industry experience Apply Now
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