Risk & Compliance Officer

SUMMARY:
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POSITION INFO:

Our client is searching for a Risk & Compliance Officer to join their team in Sandton. (Hybrid)

Main Purpose of Role

Support the overall business strategy by managing the risk and compliance frameworks and programmes. 

Required Minimum Education / Training

• Bcom / LLB / Postgraduate Diploma in Compliance preferred.
• Professional Risk Manager (PRM) certification is preferred.
• Advanced knowledge of NCA, POPI, GDPR, FAIS, FICA
• PASA Foundations Course is beneficial.

Required Minimum Work Experience

• 3- 5 years’ experience in audit, compliance and legal within the financial services or national credit regulatory sector.
• Experience in POPIA, NCR, GDPR, FAIS, FICA and National Payment System (NPS) essential
• Experience in transactional processing is essential.
• Experience working in a fast-paced multi-tasking environment.
• Knowledge of risk assessment and control
• Knowledge of the technology life cycle, including user acceptance testing, user interface applications/design, isn't an advantage.

Technical and Behavioural Competencies Required

Technical

• Proficiency in MS Office (email, Word, Excel, Sharepoint, PowerPoint, Teams)
• Report writing skills.
• Excellent communication skills essential (verbal and written)
• Problem-solving skills.
• Good writing skills (documenting processes)
• Knowledge of writing and reviewing policies and procedures.
• Risk assessment skills

Behavioural

• Analytical reasoning and excellent attention to detail
• Good team player, demonstrating a willingness to assist/support team members – the role requires multi-tasking across platforms.
• Ability to communicate with clients, and internal and external stakeholders.
• Objectivity, independence, and professionalism are key to ensuring the effective execution of compliance duties. 

Key Performance Areas

Strategic Implementation

• Develop and maintain compliance and risk programs to ensure proactive management of risks and demonstrable compliance.
• Evaluate new regulatory requirements, perform impact assessments, advise businesses on practical impacts and implications and guide the implementation of appropriate procedures and processes to ensure compliance with new requirements; planned training initiatives, special projects and support via consultation to achieve implementation objectives,
• Plan and execute compliance reviews and draft reports on the outcome of reviews, providing guidance and recommendations to the Exco and senior management teams on remedial actions.
• Evaluate the efficiency of internal controls and make recommendations to ensure continuous improvement.
• Urgently and expediently manage areas of critical non-compliance and actively limit exposure by guiding remedial action plans, tracking and following up on the resolution of risk and compliance-related findings/exposures identified,
• Undertake regular compliance training or awareness initiatives, and play an integral advisory role, ensuring relevance and currency, in guiding management, employees and business executives on specific regulatory compliance-related issues.
• Draft and review policies, develop controls and develop frameworks to manage compliance risk,
• Initiate and manage reviews of organisational policies and procedures.
• Manage regulatory queries and engagements with Regulators, including regulatory reporting.
• Fulfil statutory appointments such as FAIS Compliance Officer, Money Laundering Reporting Officer and Deputy Information Officer and discharge those responsibilities.
• Editing legal agreements, monitoring and following up on contracts and ensuring compliance with governance procedures.
• Create and administer company compliance calendar and scheduling.
• Update and administer databases for suppliers, POPIA compliance and the compliance function forum.
• Perform follow-up on internal audits to ensure audit recommendations have been actioned and closed out accurately and timeously.
• Report on Compliance and Risk issues monthly at the Xco level

NB! This job is now closed. You can apply for other jobs by uploading your CV.