Job Summary
Implementing and maintaining compliance risk management processes and methodology within the organisation. To assist management to ensure the business complies with regulatory
requirements in order to mitigate risk, as well as any loss, monetary or reputational, by providing support to management in identifying risk, compiling risk management plans,
providing the appropriate advice and tracking regulatory commitments to closure.
Minimum Qualification:Degree
Experience Level:Mid level
Experience Length:3 years
Job Description
Key Responsibilities
The successful candidate must be a team player with a drive for results and able to:
Build the Risk & Compliance function within a start-up environment.
Provide support in the identification and measurement of compliance risks within the business and promote a compliance culture through awareness activities.
Participate in the product initiation process to ensure compliance with local regulatory requirements.
Monitor the implementation and compliance with local regulatory examination recommendations and provide timely reports on progress achieved in respect of regulatory initiatives.
Identify business impact of new regulatory requirements and escalate upwards as necessary.
Provide clear, accurate, and timely responses to business, for advice on regulatory requirements thereby providing a superior service which protects and enhances reputation of compliance function.
Advise appropriately on compliance issues and deal with issues/breaches identified.
Maintain a formal record of minutes of all meetings held with the regulator and monitor commitments arising therefrom and communicate same to stakeholders.
Qualification and Required Experience
Three years financial services industry experience.
Detailed knowledge of financial services industry rules and regulations.
Excellent knowledge of MS Office.
Educated to degree level or equivalent business experience. Formal qualification such as ACIB, ACCA, CIA or a business or risk related degree / qualification.
Key Responsibilities
The successful candidate must be a team player with a drive for results and able to:
Build the Risk & Compliance function within a start-up environment.
Provide support in the identification and measurement of compliance risks within the business and promote a compliance culture through awareness activities.
Participate in the product initiation process to ensure compliance with local regulatory requirements.
Monitor the implementation and compliance with local regulatory examination recommendations and provide timely reports on progress achieved in respect of regulatory initiatives.
Identify business impact of new regulatory requirements and escalate upwards as necessary.
Provide clear, accurate, and timely responses to business, for advice on regulatory requirements thereby providing a superior service which protects and enhances reputation of compliance function.
Advise appropriately on compliance issues and deal with issues/breaches identified.
Maintain a formal record of minutes of all meetings held with the regulator and monitor commitments arising therefrom and communicate same to stakeholders.
Qualification and Required Experience
Three years financial services industry experience.
Detailed knowledge of financial services industry rules and regulations.
Excellent knowledge of MS Office.
Educated to degree level or equivalent business experience. Formal qualification such as ACIB, ACCA, CIA or a business or risk related degree / qualification.
