This role is essential in ensuring that the organization adheres to industry regulations, mitigates risks, and fosters a culture of compliance.
The ideal candidate needs to have a strong background in the insurance sector and a proven track record in risk management and compliance.Duties and Responsibilities Include:Develop and implement a comprehensive risk management and compliance strategy aligned with organizational goals.Ensure compliance with all relevant laws, regulations, and industry standards.
Oversee the preparation and submission of regulatory reports.Identify, assess, and mitigate risks related to business operations, including financial, operational, and reputational risks.Create and maintain risk management and compliance policies, procedures, and controls.
Update them as necessary to reflect changes in the regulatory environment.Collaborate with senior management and the board of directors to communicate risk and compliance issues.
Provide guidance on risk-related matters.Develop and deliver training programs to promote a culture of compliance and risk awareness across the organization.Oversee the investigation of compliance breaches and risk incidents.
Implement corrective actions and preventive measures.Reporting: Prepare and present risk and compliance reports to senior management and regulatory bodies.Requirements:Bachelor of Law: LLB, BCom Law, BA Law or equivalent qualificationMinimum 5 8 years post-qualification experience in the financial services/insurance sector2 years' experience in a management positionFSCA, RE5, FAIS certifications (advantageous)Admitted Attorney of the High Court (required)Strong communication and leadership skillsExcellent report writing skills Apply now: If you are interested in this opportunity, please apply directly.
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