The company is looking for an exciting talent to join and fill the said role in our Compliance Unit.

The successful candidate will carry out the day-to-day Compliance Management duties to ensure that the company complies with regulatory requirements, best practice guidelines and internal policies.

DUTIES AND RESPONSIBILITIES:

Assist the Compliance Officer in embedding a culture of compliance
Assist ensuring compliance with laws and provisions that apply to insurers and financial services providers, with special focus on FAIS, PPR, POPIA, FICA and the Insurance Act.
Responsible for Compliance Monitoring
Report on level of compliance
Present findings and be able to engage with Management
Maintain Noncompliance Register
Assist with ad hoc rollouts of compliance related Initiatives
Assist the Head of compliance with regulatory reviews, inspections and investigations
Assist Head of Compliance with compliance awareness and trainings.
Review and develop relevant policies.
Develop and implement an internal compliance framework (workplan) that reflects the organizations unique characteristics compliance with legislative universe (LTIA, PPRs, FAIS, FICA and POPIA).
Monitor and audit above mentioned workplans to ensure compliance with all applicable operational legislation.
Strong and continued compliance focus on LionLifes clients by ensuring sufficient oversight in relation to Binder holder, JRs and outsourced partners, and intermediaries.
Preparing and presenting clear and concise compliance reports to the Head of compliance.
Interacting with regulators on compliance issues
Interpret and report on new and emerging legislation and the impact it has on LionLife and ensuring awareness and understanding of changes introduced.

MINIMUM REQUIREMENTS:

Educational

LLB or Bcom
Compliance Management Certificate or Postgraduate Diploma in Compliance (preferably)
RE 1 (preferably)

Skill/Experience

2 3 years compliance experience
1 - year monitoring experience in Life Insurance environment (preferably)
General knowledge and understanding of legislation in the financial services environment
Experienced in reporting
Proficiency in MS Office

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