Compliance Officer - Johannesburg, South Africa - Gauteng Partnership Fund

Gauteng Partnership Fund
Gauteng Partnership Fund
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description




JOB LEVEL :
Paterson grade C Band

KEY PERFORMANCE AREAS

Compliance Implementation

  • Conducts reviews of and implements the approved compliance framework
  • Develops a comprehensive compliance programme and monitoring plan that is integrated with the GPF's strategic planning processes
  • Develops appropriate compliance awareness tools
  • Delivers compliancerelated awareness and training interventions

Compliance Awareness and Promotion of a Compliance Culture

  • Ensures compliance to contracts with funders
  • Prepares and submits business intelligence reports
  • Compiles and presents progress reports to funders and GPF's governance structures

Compliance Awareness and Promotion of a Compliance Culture

  • Identifies, assesses and prioritises all applicable compliance legislation
  • Identifies and analyses the GPF compliance universe
  • Creates awareness and knowledge of compliance
  • Facilitates workshops with business units to categorise and assesses compliance requirements
  • Advises business units to prioritise, categorise and adhere to compliance requirements
  • Researches compliance requirements in relation to the GPF
  • Facilitates compliance training workshops to embed a compliance culture within the GPF
  • Coordinates training programs to enlighten GPF staff on the benefits and consequences of either complying with or contravening external / internal regulations

Assurance and Monitoring

  • Develops the compliance riskidentification matrix
  • Develops the compliance riskprioritisation index to categorise, prioritise and classify applicable legislation to the GPF
  • Controls optimization and risk management plans for applicable legislation
  • Develops and implements compliance riskmonitoring plans and reporting tools for all applicable legislation and reporting
  • Implements strategies and interventions necessary for minimizing risk of noncompliance
  • Identifies and addresses issues of noncompliance and advises business units on corrective measures to limit recurrence and promote sustained adherence to rules
  • Conducts proactive internal audits to prepare for external compliance audits in order to ensure that all regulatory requirements are followed
  • Conducts periodic assessments of the GPF's operations to ensure compliance with external and internal regulations

Policy Compliance

  • Maintains an uptodate database of all policies across the GPF i.e. specialized and general business policies in order to effectively manage risks
  • Determines whether approved policy provisions are implemented by each Business Unit and advises on noncompliance
  • Monitors and evaluates policies to determine whether approved policy provisions provide compliance assurance
  • Ensures legislative compliance on all GPF Policies

Stakeholder Relationship Maintenance

  • Represents the GPF at various forums and on governance compliancerelated matters
  • Builds effective relationships and communication channels with internal stakeholders across the GPF

Compliance Reporting

  • Determines and advises on governance requirements and reporting stakeholders relating to compliance reporting
  • Determines the compliance reporting requirements to stakeholders and regulators / supervisors in terms of regulatory and / or GPF requirements
  • Manages the adherence to internal and external compliance reporting processes and requirements
  • Reviews and analyses reports submitted in order to advise the implementation of appropriate business decisions
  • Advises and allocates responsibility for the submission of reports to designated persons
  • Collects, collates and analyses input from management and stakeholders within submission deadlines
  • Manages and ensures all internal and external regulatory reporting requirements are adhered to
  • Compiles comprehensive compliance reports for the relevant committees
  • Presents reports to Executive Management and to the Audit and Risk Committee
  • Tracks and keeps records of all reports submitted
  • Anti Money Laundering (AML) Compliance
  • Acts as the GPF's AML Compliance Officer
  • Assists in the implementation of an Anti-Money Laundering (AML) program
  • Manages financial regulations and personal data compliance requirements to ensure that the GPF's AML policies corresponds to best practice
  • Assists in implementing measures for screening and monitoring, payment fraud prevention and transaction monitoring
  • Maintains records of highrisk clients and reports on suspicious activities, if any
  • Arranges inspections from thirdparty organizations regarding AML and coordinates the correction of mistakes in the program, if any

APPOINTMENT REQUIREMENTS

  • A Bachelor of Law or Bachelor of Commerce Law or relevant qualification at NQF level
  • Postgraduate qualification in Compliance Management
  • Minimum 5 years' Legal and / or Compliance experience in the financial services and / or public sectors
  • A solid track record working in Compliance Management will be advantageous would b
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