Compliance Manager

Job category: Other Accounting, Auditing

Location: Cape Town

Contract: Permanent

EE position: No

Introduction

The role is responsible for assisting the Senior Compliance Manager in driving the company’s compliance strategy and delivering an effective compliance programme across all jurisdictions (South Africa and 10 Rest of Africa countries) in which the company operates. To ensure that the business adheres to the laws and regulations focusing on the legal and regulatory requirements which govern the business by ensuring that policies and procedures are put in place that will ensure that the business complies with laws and regulations. A key component of this role is to develop strategies and operational processes for the business for the execution and embedding of compliance risk management processes as required by relevant regulatory requirements, applicable codes of conduct and applicable standards. This role will also be responsible for implementing and executing an appropriate compliance monitoring plan for the business, which will include the Rest of Africa. The management role is expected to output at a highly strategic, functional and detailed level.

Key Responsibilities

1. Accurately scope the regulatory environment in anticipation of forthcoming and future legislation that may have an impact on the business and advise management and all other parties timeously.
2. Summarize the relevant regulatory requirements and ensure there is proper dissemination within the business in a synthesized manner.
3. Provide a proactive advisory role to the business unit heads on compliance matters.
4. Foster awareness by employees throughout the business concerning the observance of the highest ethical standards within the activities covered by the scope of the regulations as defined.
5. Create and maintain an effective compliance presence across our operating geographies and ensure that any incidents of non-compliance can be identified in a timely manner.
6. Providing a central point of reference and expertise in compliance related matters.
7. Develop and maintain the Regulatory Universes in each jurisdiction.
8. Foster and maintain relationships with regulatory authorities in each jurisdiction.
9. Maintain a compliance presence in all projects to ensure all regulatory instruments are duly considered.
10. Monitor any major complaints received, to ensure that these are handled in an expedient and professional manner.
11. Draft compliance risk management plans for all key legislation to assist the relevant responsible persons to understand the legislation to enable them to fulfil their responsibilities and to monitor compliance.
12. Design, create and update compliance risk assessments.
13. Determine Annual Compliance monitoring plan.
14. Ensure alignment of Compliance monitoring plan with Internal Audit plan to drive combined assurance.
15. Lead, design and perform compliance monitoring activities.
16. Draft formal compliance monitoring reports for the Board and regular informal reports to the business unit heads on any compliance monitoring matter.
17. Design, create and maintain compliance related registers (regulatory alerts, breaches, Regulator complaints etc).
18. In consultation with management, develop and document compliance procedures, draft and maintain the compliance manual, reviewing its adequacy periodically and updating it as necessary.
19. Assist in the development and execution of an appropriate Compliance training plan in accordance with and in conjunction with the Governance Risk and Compliance (GRC) Academy.

Job Requirements & Experience

1. Admitted attorney
2. Post Graduate Diploma in Compliance Management
3. Certified Compliance Practitioner/Certified Compliance Professional
4. 5-8 years working experience within Legal/Compliance arena
5. Good knowledge of compliance frameworks
6. Demonstrable Compliance Monitoring experience
7. Africa Compliance experience will be an advantage
8. Membership with CISA will be an advantage

Skills

1. Strong verbal and written communication skills
2. Analytical skills
3. Attention to detail, able to work under pressure and meet deadlines, process driven
4. Influence and monitoring
5. Excellent knowledge of current local and international affairs
6. Integrity and sound judgment
7. Planning and organizing
8. Pro-active and self-driven