Assistant Compliance Officer

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

The key result areas of the Assistant Compliance Officer will be to assist the Advanced or Senior Compliance Officer with:

• Assist in executing approved compliance monitoring activities in line with the annual compliance plan.

• Support the preparation of monitoring documentation, worksheets and compliance files.

• Perform basic compliance checks and reviews under guidance.

• Capture monitoring results accurately within the Governance, Risk and Compliance system (CURA).

• Support the tracking of legislative and regulatory developments impacting the business unit.

• Maintain regulatory registers, compliance calendars and documentation repositories.

• Assist in updating compliance risk management and monitoring plans as directed.

• Assist in drafting compliance reports and preparing supporting information for review.

• Capture, track and follow up on remediation actions arising from monitoring activities.

• Maintain accurate compliance records and audit trails.

• Support the coordination and delivery of compliance awareness initiatives and training logistics.

• Assist with the preparation of communication material relating to regulatory requirements.

• Build foundational knowledge of applicable legislation relevant to the business unit.

• Provide administrative and operational support to the Compliance Officer in engaging with business stakeholders.

• Assist in monitoring adherence to policies and procedures through routine review activities.

• Escalate identified issues or potential non-compliance to the Compliance Officer.

• Progress toward a recognised compliance qualification.

• Develop working knowledge of regulatory frameworks relevant to the financial services environment.

• Build capability in compliance monitoring methodologies, tools and governance practices.

• Grade 12 (Matric).
• Relevant undergraduate degree or tertiary qualification in Compliance, Law, or a related field.
• Relevant FAIS-recognised qualification for Compliance Officers.
• Certificate in Compliance would be advantageous.
• Studying towards or having completed a legal qualification would be advantageous.
• Studying towards or having obtained the Compliance Institute Southern Africa (CISA) Compliance Practitioner (CPrac) professional designation would be advantageous.

• 3 years of industry experience.

• Experience in ensuring compliance within a business unit of a life insurance company would be advantageous.

• Basic understanding of regulatory environments within financial services would be advantageous.

• Strong attention to detail and administrative capability.

• Good written and verbal communication skills.

• Ability to work with structured processes and follow guidance.

• Proficiency in MS Office.

• IT Skills: Ability to utilise software such as MS Word, Excel and PowerPoint.
• Report Writing: Ability to write reports for operational management.
• Presentation Skills: Ability to present to operational management.
• Training Skills: Ability to train staff and operational management.
• Analytical Skills: Ability to analyse complex, interrelated data and information.
• Planning and Organising: Strong planning and organisational ability.

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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