Regulatory Change Officer - Sandton, South Africa - Discovery Ltd.

Discovery Ltd.
Discovery Ltd.
Verified Company
Sandton, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description

Business Unit:
Discovery Central Services
Function:Compliance
Date:5 Jun 2023- Discovery Group Compliance- Regulatory Change Officer- About Discovery
Discovery's core purpose is to make people healthier and to enhance and protect their lives.

We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery.

Our fast-paced and dynamic environment enables smart, self-driven people to be their best.

As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

- About Group Compliance

  • Group Compliance Corporate is an independent second line function that provides compliance oversight, supervision and advice regarding legislation, industry standards, codes, guidelines, and best practice to Discovery Corporate Services.
  • Key Purpose

Designing and implementation of a compliance risk management process that includes the provision of sound advice regarding legislation, regulation, industry standards, codes, guidelines, and best practice that are faced by the relevant stakeholder.

- Areas of responsibility

Provide guidance through a multidisciplinary approach to multiple business and executive management to ensure that business objectives (strategic and operational) are aligned to the Regulatory Framework and Exposure profile of the business.


  • Continuously monitor the Compliance Exposure on the Regulatory Frameworks applicable to the business and amending the level of exposure as required.
  • Ensure delivery against a defined compliance work plan.
  • Oversight and management of staff and all staff related activities, where applicable.
  • Managing and improving the compliance framework for Regulatory Change.
  • Manage and maintain the regulatory universe.
  • Regulatory change and oversight:
  • Provide guidance and support on new and changed regulatory requirements.
  • Managing the regulatory changes, analysis of such changes and highlevel evaluation of the impact on business operations and communicating to the different compliance units and/or executive management.
  • Track progress on implementation of new and changed regulatory requirements.
  • Management of drafting, collating and submission of comments to influence the change of legislation.
  • Build, develop and maintain relationships with the key internal and external stakeholders relevant to the functional area and / or area of specialisation.
  • Provision of input into the regulatory training plans based on the regulatory universe and identified future needs. Training material support in terms of regulatory requirements, research and review.
  • Group CRMP facilitation and system management.
  • Drafting of regulatory change frameworks which meets the compliancerelated objectives of the organisation.
  • Reviewing of Group policies, where applicable, for overall regulatory requirements.
  • Facilitate regulatory workshops with the relevant business owners on the legislative changes impacting entities within the organisation.
  • Personal Attributes
  • Ethical
  • Driven
  • Focused
  • Organised
  • Proactive
  • Perceptive
  • Outcomes focused
  • Trustworthy
  • Interpersonal Skills
  • Team Player
  • Education and Experience
  • Relevant tertiary qualification in Law and/or Commerce or similar
  • Postgraduate qualification and CPrac accreditation (advantageous)
years compliance specific experience with 3 years' experience in the management, implementation and maintenance of Compliance Frameworks

  • Legislative knowledge and interpretation
  • Knowledge of the financial services and regulatory environment
  • Authoring policies and other documents
  • Compliance Risk Management Plans
  • Exposure to compliance and/or regulatory technology and software, highly developed analytical skill
  • EMPLOYMENT EQUITY
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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