Risk and Compliance Manager - Employee Benefits

 

Recruiter:

Execuplace Appointments

Job Ref:

Risk and Compliance ..

Date posted:

Tuesday, August 16, 2022

Location:

Johannesburg, South Africa

Salary:

R600 000 - R700 000


JOB SUMMARY:
Our client, a dynamic Financial Services Organisation based in Midrand seeks to employ a Risk and Compliance Manager

JOB DESCRIPTION:

Risk and Compliance Manager - Employee Benefits – Salt – Midrand R600 000 – R700 000

Risk and Compliance Manager - Employee Benefits

Our client, a dynamic Financial Services Organisation North seeks to employ a Risk and Compliance Manager

JOB PURPOSE

To manage company wide-risks and track compliance status considering the changes in the regulatory landscape for retirement funds and benefit administrators introduced by the Financial Sector Conduct Regulatory Act (FSCA); and to embed and promote a compliance culture within SALT EB business units to enhance corporate governance and to ensure that standard operating procedures in all business units are robust and meets SLA obligations with clients. To oversee the FAIS compliance of FAIS representatives.

Key Performance Areas

Identifying, analysing and mitigating of company-wide risks applicable to the retirement funds and benefit administrators

  • Developing the regulatory universe and the risk-based compliance plans for the EB Business units for approval by the executive management
  • Provide compliance and regulatory training and/or guidance and general assistance to all business units
  • Ensure all business units and employees remain informed of regulatory, legislative and best practice changes and their obligations under the FSRA
  • Provide guidance and support to risk and compliance champions in proactively identifying risks within the business units and mitigating them timeously
  • Resolving issues of non-compliance efficiently and effectively identified in the business units
  • Business Continuity Management including the review, update and tracking of business Continuity Plan for the Organisation
  • Developing and reviewing Risk and Compliance Manuals for EB
  • Developing compliance monitoring plans and tools to track both organisation and respective departments’ compliance
  • Managing and monitoring Ethical Compliance of EB including whistle-blowing mechanism and staff ethics training
  • BBB EE Compliance
  • Monitoring EB’s adherence to SLA agreements by consolidating information from different departments that feed into the reporting on performance information to the Company’s Board and Executive Management
  • Reporting on legislation, compliance, risks, plan progress and all instances of non-compliance and corrective action to the Company’s EB Board and Executive Management
  • .Management of representatives of the EB Company and the register with FSCA
  • Managing Moonstone – the Company’s compliance provider
  • Training to staff on FAIS and FICA requirements
  • Assist each FAIS representative on a one-on-one basis with what they need to do annually and how to do so and manage this monthly
  • Manage each FAIS representative’s Competence Register and report on this to management
  • Manage all the coupons and send each FAIS representative a CPD plan and assist them to obtain the CPD points timeously
  • To assist with all the Supervision agreements
  • Vet new FAIS representatives coming on board by checking qualifications and RE Exams etc
  • To assist with the Supervision Plans that need to be in place for each FAIS Representative

LIST OF COMPETENCIES :

  • Financial Management
  • Technical Management
  • Project Management
  • Communication – Written and Oral
  • Networking/Stakeholder Management – Internal and External
  • Problem solving
  • Analysis
  • Service Delivery
  • Judgement
  • Sense of urgency
  • Customer orientation and customer focus
  • Honesty and integrity
  • Product Knowledge
  • Innovation
  • Organisational Agility
  • Negotiation and Conflict Management
  • Interpersonal skills
  • Planning, Organising and Co-ordinating
  • Managing Systems and process
  • Drive for Results
  • Decision Making
  • Creativity
  • Action orientated
  • Setting goals

The candidate must demonstrate the following skills and attributes :

High level of judgement, confidence and decisive approach, effective communication skills, ability to analyse problems, ability to gather information, problem solving, able to work under pressure, be able to interact effectively with senior staff, Boards of Trustees and Stakeholders, and organise, lead and motivate a team In order to meet individual and work group goals, ability to work effectively under pressure whilst upholding an emphasis on quality and solving skills, Attention to detail

QUALIFICATIONS

  • A Bachelor’s Degree in Risk Management, Compliance, Auditing or Equivalent
  • At least 3 years’ relevant experience
  • Knowledge and experience of the Financial Services Sector legislation will be an added advantage
  • Proven track record of delivering enhancement to process efficiency
  • Good knowledge and understanding of regulatory requirements applicable to retirement funds and benefit administrators
  • Possess risk assessment capabilities
  • Display good knowledge and understanding of business operations and IT systems

RECORD KEEPING AND FILING

  • Ensuring all documentation relating to umbrella funds are saved in the member profile on the system
  • Ensure appropriate notes are recorded
  • Full fund administration filing

REPORTING

  • Prepare, analyse and present compliance reports as and when requested for the Company and the Funds

 

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



 

 

 

Similar jobs you might be interested in:

Financial Risk & Compliance Manager (Centurion)
Location: Pretoria
Salary: 40000
Our client is looking for a Financial risk & compliance manager
29 days ago


Specialist: IT Governance, Risk and Compliance Specialist
Location: Johannesburg
Salary:
JOB PURPOSE: The purpose of the position is to develop and maintain the information technology (IT) risk and compliance frameworks, policies, processes and procedures through implementation of best practices and approved IT governance framework.  The incumbent is also responsible for monitoring compliance to IT security policies and their alignment with the companies business objectives, moni...
2 days ago


Solution Architect - FinCrime/Compliance/Risk/Treasury
Location: Johannesburg
Salary:
21 days ago


Specialist: IT Governance, Risk and Compliance Specialist (24-Month Fixed-Term Contract)
Location: Pretoria
Salary: No benefits due to Fixed Term Contract
Specialist: IT Governance, risk and compliance Specialist (12-Month Fixed-Term Contract)
9 days ago


Microbiologist
Location: Boksburg
Salary: Market related
To conduct microbiological sampling and analysis throughout the production process
Today


SHEQ Officer
Location: Johannesburg
Salary:
We are seeking a passionate SHEQ Officer to join our team! The ideal candidate must conduct themselves professionally, possess great interpersonal skills and have excellent work ethic. A relevant qualification is essential for this role.
1 day ago


Product Manager analyst
Location: Rosebank, Gauteng
Salary: R450000.00 - R600000.00 pm CTC
product manager junior Transactional Products product analyst
1 day ago


Health and Safety Officer / Store Manager
Location: Johannesburg
Salary: Monthly
Our client in the manufacturing sector is looking for a Health & Safety Officer / Store manager to join their team based in Germiston JHB.
2 days ago


Health & Safety Officer / Store Manager
Location: East Rand
Salary: Monthly
Our client in the energy industry is currently looking to employ a Health & Safety Officer / Store manager based in Germiston in the Gauteng. Permanent position offered.A wonderful career opportunity awaits you.
2 days ago


Quality Manager
Location: Johannesburg
Salary: Monthly
Well known private hospital group requires a Quality manager.  This position is based in Johannesburg South.
2 days ago


Create a free job alert for Risk and Compliance Manager - Employee Benefits in Johannesburg

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions