Senior Specialist: Compliance

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Date: 23 Apr 2024

Location: Johannesburg GAU ZA, GT, ZA

Company: Liberty Group Limited

At Liberty, we employ more than 6 000 people across 7 businesses in 18 African countries. Every day, our employees grow their knowledge by working with diverse groups of people who specialise in a wide range of skills across insurance, asset management, investment and health products. We continually seek to engage, develop, recognise and reward the people who make our business great.

Purpose

To provide specialist advice and support in area of specialisation enabling the provision of sound compliance services.

Minimum Qualifications

Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Law (LLB or BComm Law)

Key Responsibilities

  • Maintain networks and relationships with internal and external stakeholders in order to achieve and promote the development of compliance.

  • Implement compliance frameworks and policies within the business and provide oversight and monitoring compliance.

  • Analyse and manage data quality within the compliance systems including reports, and to drive actions to improve data quality.

  • Assist in the development of standards, procedures, guidelines, templates to support the implementation of compliance policies and frameworks.

  • Ensure that adherence to statutory, supervisory and regulatory requirements are monitored and reported on to the relevant stakeholders.

  • Continuously and proactively liaise, advise, communicate, and provide compliance support to relevant internal and external stakeholders to assist and support the meeting of statutory, supervisory and regulatory requirements.

  • Prepare and consolidate compliance reports to inform management decision making.

  • Assist with the implementation of compliance defined programmes for areas of support.

Additional Key Responsibilities

  • Assist Head in ensuring that a compliance culture is embedded within the organisation by means of appropriate training and development, and awareness initiatives.

  • Assist with ensuring that all methodologies are in line with best practices, both nationally and internationally.

  • Assist with insuring that required legislation is implemented in the business by means of relevant processes and controls.

  • Support the business in identifying, assessing, treating, monitoring, and reporting of all risks in terms of controlled self-assessments.

  • Support the business in identifying root causes of control breakdowns in terms of compliance and/or regulation.

Minimum Experience

3 - 5 years experience in a similar environment, of which 1 -2 years at a junior specialist level

Process

  • Collaborate with different business areas to provide staff with knowledge and awareness of relevant laws, regulations and standards.
  • Understand and apply existing best practice frameworks to assist in the implementation of identified subject matter processes and standards.
  • Identify, diagnose and recommend improvements and provide specialist advice and support; ensuring that solutions are appropriate and effective.
  • Verify, evaluate and report on operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance.
  • Keep abreast of regulation and industry developments to advise and guide on key compliance risk issues; enabling informed decision making.
  • Recommend and advise on compliance requirements that needs to be embedded in the development of area specific processes.
  • Accountable for the improvement of quality, service and work outputs, continuously recommending improvements.
  • Plan for the organisation of work outputs and process improvement activities in light of a specific situational context related to the area of specialisation.
  • Proactively identify area of specialisation related problems, determine cause and effect and recommend the best option to implement corrective action based on previous experience.

Customer

  • Provide specialist expertise and advice to internal/external customers, that builds strong relationships and creates a favourable impression aligned to Treating the Customer Fairly (TCF) principles.

Finance

  • Adhere to financial controls, governance and compliance policies and processes throughout an area of specialisation, contributing to cost efficiency.

Learning and Growth

  • Contribute positively to human capability improvement, related to knowledge optimisation and associated with area of specialisation.

Governance

  • Monitor and provide feedback on the effectiveness of compliance practices and procedures: preventing illegal, unethical or improper conduct.
  • Comply to risk and governance policies, implement and provide subject matter input to the development of related processes, applicable to the area of specialisation.

Technical Competencies

  • LHL Governance and Regulatory Framework (Intermediate)
  • Research and Information Gathering (Intermediate)
  • Standard operating procedure compliance (Proficient)
  • Compliance & operational risk knowledge (Intermediate)

Behavioural Competencies

  • Professional/Technical learning (Intermediate)
  • Organisation and Attention to Detail (Intermediate)
  • Problem Solving and Analysis (Intermediate)
  • Governance, Ethics and Values (Intermediate)
  • Relationship Management and Networking (Intermediate)

Liberty Group Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998 and the group's Transformation Strategy, preference will be given to suitable candidates from designated groups whose appointments will contribute towards the achievement of equitable demographic representation of our workforce profile and add to the diversity of the organisation.

 

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. 


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