Monday , May 27 2024

Santam Jobs – Compliance Manager

Website Santam Insurance

Job Description:

Our Risk Office (Group Compliance and Business Integrity) has a position available for a Manager: Compliance who will be based in Bellville (Cape Town). The Compliance Function is mandated to ensure that the compliance risks (i.e. compliance with regulatory, ethical, and internal and external policy obligations imposed on the Group) are appropriately monitored and addressed by management. A risk-based approach is adopted to ensure that material compliance risks are addressed and mitigated by the business.

The compliance function is accountability to the Santam Group Board, through the Santam Group Risk Committee to ensure that compliance risks are appropriately monitored and addressed by management.

Job Responsibilities:

  • Render appropriate Compliance advice/guidance, training to the businesses as and when required
  • Conducting Compliance Audits/Reviews to monitor adherence to compliance obligations and preparing the relevant compliance reports to the various levels of management in the businesses.
  • Handle requests from third parties (internal requests and external requests) relating to POPIA related matters as directed to the Information Privacy Office and as determined by the
  • Information Officer and/or Deputy Information Officer under POPIA and PROATIA.
  • Conduct Compliance risk assessments across the businesses and to provide pro-active guidance to the businesses in addressing compliance risks (which includes compliance with legal, regulatory and ethical obligations and standards applicable to the businesses).
  • Coaching and mentoring of less experienced compliance employees.

Job Requirements:

  • Good knowledge of the Protection of Personal Information Act and its requirements
  • At least 8-10 years of experience in financial services industry, in particular the non-life insurance sector
  • Extensive knowledge of legislation, regulations and legal principles applicable to the financial services industry, in particular the insurance sector
  • Ability to work with complex legislation and information
  • Excellent critical analytical skills
  • Intermediate/Advanced knowledge and use of Microsoft Word, Excel, Powerpoint.
  • Continuous adherence to the fit & proper requirements as determined by the Prudential Authority and the Financial Sector Conduct Authority
  • In-depth technical knowledge of regulations and legal requirements applicable in the insurance financial services industry  and conduct risks
  • NQF Level 8: Degree in Law / LLB preferably a postgraduate degree in Law

Job Details:

Company: Santam Insurance

Vacancy Type: Full Time

Job Location: Cape Town, Western Cape, South Africa

Application Deadline: N/A

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