Guidance Officer - Sandton, South Africa - Discovery Ltd.

Discovery Ltd.

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Business Unit:
Discovery Central Services
Function:Compliance
Date:19-Jan-2023

Senior Compliance Guidance Officer:
Invest Administration

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 fastpaced and dynamic environment enables smart, selfdriven 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

***- The core purpose of the Group Compliance department is to ensure that Discovery Group's core purpose and reputation is protected. The ambition of the Group Compliance department is to be the most respected and trusted compliance practice in the financial services sector. The department must be visible, trusted and respected.
About Product Compliance-
Job Purpose

To effectively and proactively assist Discovery Invest in managing its responsibility to comply with all the regulatory requirements and minimise the compliance risks identified in business by implementing compliance risk management process that includes the identification, assessment, management, monitoring and reporting of compliance risks that are faced by the relevant stakeholder. In addition to the above, the role also requires engagement with the regulatory bodies from time to time.
Principal Accountabilities
Implementation of the Group Compliance Framework as relevant to the applicable Business Unit and advising on processes and suitable control frameworks to implement strategic regulatory obligations
Provision of strategic guidance and support to the Business Units on the implementation of new and changed regulatory obligations and with the aim of ensuring that business objectives (strategic and operational) are aligned to the regulatory framework and exposure profile of the business
Managing the Regulatory Profile and engaging with the Executive Management team on any incidents and exposures relating to its regulatory obligations
Development and oversight of reports as well as setting of reporting standards to provide accurate pertinent compliance reports
Project management in support of compliance requirements, implementation of systems, procedures, policies and training requirements
Compliance monitoring of the applicable business unit compliance functions and assurance across the business units
Assist management with identification and evaluation of compliance exposures and regulatory breaches
Engagements with Regulators and with other interest groups in the industry.

Education; Knowledge and Experience

Relevant tertiary qualification (preferably in the legal or commerce field).
The person must have a clear and indepth understanding of the FAIS Act (especially Cat III) and the Long-Term Insurance Act as it relates to the underwritten investments policies).
At least 3 years compliancerelated experience. Experience in drafting Compliance Risk Management Plans and conducting Compliance monitoring
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.