Compliance Manager

Compliance Manager

15 Sep
|
Santam
|
City of Cape Town

15 Sep

Santam

City of Cape Town

What will you do?





Our Risk Office (Group Compliance and Business Integrity) has a position available for a Manager: Compliance who will be based in Bellville (Cape Town).



What will you do?





The Compliance Function is mandated to ensure that the compliance risks (i.e. compliance with regulatory, ethical, and internal and external policy obligations imposed on the Group) are appropriately monitored and addressed by management. A risk-based approach is adopted to ensure that material compliance risks are addressed and mitigated by the business.



The compliance function is accountability to the Santam Group Board,





through the Santam Group Risk Committee to ensure that compliance risks are appropriately monitored and addressed by management. 



This is a Group function which will operate in all jurisdictions where Santam has a footprint in alignment with the necessary mandate. The role of the Manager Compliance will be to assist the Group Compliance Function in the Execution of the Group Compliance mandate as set out by the Board.



In addition, this incumbent will be appointed as the Deputy Information Officer for Santam Ltd in terms of POPIA to perform functions as designated by the Information Officer.



What will make you successful in this role?



- Compliance Risk Management

- Conduct Compliance risk assessments across the businesses and to provide pro-active guidance to the businesses in addressing compliance risks (which includes compliance with legal, regulatory and ethical obligations and standards applicable to the businesses).

- Monitoring Compliance and Reporting

- Conducting Compliance Audits/Reviews to monitor adherence to compliance obligations and preparing the relevant compliance reports to the various levels of management in the businesses.

- Provide appropriate input into compliance projects where required. 

- Render appropriate Compliance advice/guidance, training to the businesses as required (which shall include Privacy training relating to various aspects of POPIA, where appropriate)

- To act as the deputy Information Officer for Santam Limited and assume the responsibilities as determined by the Information Officer as contemplated under the POPIA.

- Handle requests from third parties (internal requests and external requests) relating to POPIA as directed to the Information Privacy Office and as directed by the Information Officer under POPIA and PROATIA and to submit reports on the requests as determined.

- Supporting in maintaining a good working relationship with the Information Regulator where required, responding to request and queries from their office and providing required reporting as directed by the Information Officer. 



Qualification and Experience Requirements



- NQF Level 8: Degree in Law / LLB preferably a postgraduate degree in Law (such as Masters)

- Post graduate Diploma/Compliance Certificate 

- Registered as a Compliance Officer under the FAIS Act for Category I FSPs with the FSCA.

- Admitted attorney of the High Court.

- Continuous adherence to the fit & proper requirements as determined by the Prudential Authority and the Financial Sector Conduct Authority.

- Extensive knowledge of legislation, regulations and legal principles applicable to the financial services industry, in particular the insurance sector.

- At least 8-10 years of experience in financial services industry, in particular the insurance sector.

- At least 8-10 years of experience in compliance.

- Good knowledge of the Protection of Personal Information Act and its requirements

- 5 - 8 years management experience at management level.



Knowledge and Skills Requirements



- In-depth technical knowledge of regulations and legal requirements applicable in the insurance financial services industry 

- Ability to influence people 

- Good business acumen 

- Ability to build a wide network 

- Excellent communication skills (both written and verbal) 

- Assertive 

- Intermediate/Advanced knowledge and use of Microsoft Word, Excel, Powerpoint.

- Excellent critical analytical skills

- Excellent attention to detail

- Ability to work with complex legislation and information

- Regulatory framework (SA and other jurisdictions Santam operate in) Insurance Acts of SA and where applicable in foreign jurisdictions Long-term Insurance Act and Short-term Insurance Act and subordinate legislation FAIS Act COFI Bill Non-insurance specific legislation affecting the company (Companies Act; Labour legislation, POPIA; PROATIA, FICA etc.) Industry Governance codes and listing requirements (King IV , SAIA)



Competencies



- Collaborates

- Client focus 

- Drives results 

- Flexibility and adaptability 

- Cultivates Innovation 

- Business Insights 

- Build networks

- Manage complexity

- Balances Stakeholders



Our commitment to transformation





Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. 



Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees. 



At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.



Qualified applicants are invited to submit their CV and salary requirements in MS Word format online at www.santam.co.za / careers. Should you be aware of a qualified individual, please pass this vacancy on to them.



CLOSING DATE: 20 September 2021

Anti Money Laundering Manager

Anti Money Laundering Manager

AML Manager Claremont Cape Town Our Financial Services / Investments Off Shore client based in Claremont Cape Town is looking for an Anti- Money Laundering Manager with 5+ years’ experience as an AML Manager. Salary: Market Related MINIMUM REQU [...]
City of Cape Town
20 Sep
    City of Cape Town
    20 Sep

Logistics Manager

Logistics Manager

Job Description Main Purpose of Job An exciting opportunity has come forth for Mill Logistics Manager for K-C Epping facility, this role is accountable for the management, control, recording and reporting of all material and finished goods movement [...]
City of Cape Town
20 Sep
    City of Cape Town
    20 Sep

senior Sales Consultant

senior Sales Consultant

Your time is now to be your exceptional best at Old Mutual! Job DescriptionExecution of the On-Platform Business Solutions growth and profitability drivers and enhance the organisations presence and reputation within the general insurance industry. D [...]
City of Cape Town
19 Sep
    City of Cape Town
    19 Sep

BAS FS Manager

BAS FS Manager

Line of Service Assurance Industry/Sector FS X-Sector Specialism Conduct and Compliance Management Level Manager Job Description & Summary A career within Information Technology Risk Assurance services, will allow you to develop and apply st [...]
City of Cape Town
19 Sep
    City of Cape Town
    19 Sep