Overview
Group Compliance Officer Jobs in Centurion, South Africa at Momentum
Closing Date: 2025/01/13
Reference Number: MMH
241213-4
Job Title:
Group Compliance Officer
Position Type:
Permanent
Role Family:
Legal and Compliance
Cluster:
Risk Management
Remote Opportunity:
Some of the time
Location – Country:
South Africa
Location – Province:
Gauteng
Location – Town / City:
Centurion
Introduction
The role of theGroup Compliance Officer for Market Conductis critical in ensuring the organization adheres to its legal and regulatory responsibilities while fostering a robust compliance culture. The role entails working collaboratively across the group to achieve Risk and Compliance objectives, providing ongoing guidance and oversight to meet evolving regulatory requirements.
Key responsibilities include preparing comprehensive compliance reports for executiveleadership, conducting market and regulatory research, and liaising with regulatory bodies such as the Financial Sector Conduct Authority. The officer will play a pivotal role in identifying legislative impacts, advising on compliance controls, and facilitating compliance across the business. Additionally, maintaining strong relationships with both internal stakeholders and external clients is essential to drive compliance initiatives that align with business objectives while ensuring adherence to service level agreements and best practices.
This role demands a high level of expertise inregulatory compliance,strongcommunicationskills, and the ability to proactively manage compliance-related challenges within adynamicbusiness environment.
Role Purpose
To ensure an effective compliance function capable of assisting the board of directors in overseeing that the insurer meets its legal and regulatory obligations, and promotes and sustains a sound compliance culture. To partner proactively and constructively with the Compliance community across the group to facilitate the achievement of Risk and Compliance objectives and to provide ongoing guidance and oversight where needed.
Requirements
Regulatory changes
Evolving control framework
Business structure and reporting lines
Business strategy and priorities
Industry best practice in all areas relevant to the role
Evolving technology and system changes
Compliance Requirements
Internal Codes of Conduct, standards, policies and procedures
Regulatory requirements and changes thereto (local and cross border) (e.g. LTIA, STIA, Insurance Act & the Prudential Standards, FSRA, Pension Funds Act, Companies Act, FAIS, FICA, CISCA, POPIA, CoFI, etc)
Compliance policies, frameworks, methodologies and practices
Business strategy
Display a sound understanding of the regulatory universe and how it applies to different businesses
Understanding of broader Risk framework and how individual legal risk elements are managed
Minimum Qualifications
Qualifications as per fit and proper requirements to be registered as a licensed compliance officer with the Financial Sector Conduct Authority (FSCA)
Post graduate qualification in Compliance Management
Legal qualification
Degree in Commercial, Risk Management, Audit, Finance, Legal, Business or related field
Minimum Experience
3 to 5 years of experience
Duties & Responsibilities
INTERNAL PROCESS
Prepare and submit Quarterly Group Compliance Report for presentation to Momentum Group Exco, Group Board of Directors and governance forums
Compilation of Group Compliance Report by collaborating and reviewing Business unit com…
Title: Group Compliance Officer
Company: Momentum
Location: Centurion, South Africa
Category: Law/Legal, Finance & Banking
