Compliance Manager: Insurance

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!.
2. Once you have completed the above, finalize your application by clicking apply below.

Purpose Statement

• To promote and be responsible for an adequate level of compliance in Capitec’s Insurance business; responsible for facilitating the process for Capitec to meet and comply with regulatory and statutory requirements.
• Accountable for the strategic direction and operational effectiveness of the Compliance department within Capitec’s Insurance business.

Experience

Minimum:

• Complying with the fit and proper standards contained in the Generally Accepted Compliance Practice (GACP).
• At least 5 years’ proven experience in all matters related to legislative and regulatory requirements, in compliance management in the financial services industry, with exposure to insurance in at least 3 of the 5 years.

Ideal:

• 7 years’ experience leading all matters related to legislative and regulatory requirements within a similar industry.
• 5 years’ proven experience in compliance/risk management in the financial services/insurance industry.
• 5 years’ experience in managing a team of specialists within a similar environment.
• Proven experience in operating at a senior management level.

Qualifications (Minimum)

• Bachelor's Degree in Law or Accounting - Financial Accounting.

Qualifications (Ideal or Preferred)

• Master's Degree in Law or Accounting - Financial Accounting.

Knowledge

Minimum:

• Insurance industry.
• Compliance risk management including compliance risk identification, compliance risk assessment, and compliance risk monitoring.
• Process and controls development.
• Laws and regulations applicable to the insurance/financial services environment.
• Business acumen and an understanding of business drivers.
• Legal/statutory interpretation.

Ideal:

• Insurance industry.
• Capitec risk management environment.
• Financial, insurance, and insurance legislation.

Skills

• Analytical Skills.
• Communication Skills.
• Computer Literacy (MS Word, MS Excel, MS Outlook).
• Interpersonal & Relationship Management Skills.
• Problem-solving Skills.

Conditions of Employment

• Clear criminal and credit record.

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.