Tuesday , March 28 2023

Momentum Vacancies – Junior Compliance Officer

Website Momentum

Job Description:

The role will assist in the implementation of Momentum Life compliance function and the annual compliance monitoring plan in line with relevant regulations and other compliance requirements from an assurance perspective and to proactively advise business on the impact of new developments in legislation. It will also be focused on the development of our future compliance officers and is intended for the individual who is focused on growth and career development.

Job Responsibilities:

  • Assist in drafting monthly and quarterly compliance reports within your scope of responsibility to line Management.
  • Derive a monitoring coverage plan which talks to the regulatory universe and CRMPs of high risk pieces of legislation.
  • Assess the possible impact of any regulatory development on the operations of the business and work with the business from a compliance perspective
  • Contribute to the review of all critical business policies from a regulatory compliance perspective and make recommendations for improvement
  • Provide advice to business on compliance and implementation of controls, including control effectiveness and adequacy assessments
  • Assist with the proper establishment and maintenance of procedures on the identification, reporting and resolution of compliance breaches and other compliance and regulatory issues.
  • Advising (written compliance opinions / memos)
  • Implement the coverage plan including scoping and interaction with business, process analysis and report-writing
  • Inspection/audit of relevant compliance records, processes and systems.
  • Training and awareness
  • Following-up on any outstanding non-compliant matters pertaining to the daily findings.

Job Requirements:

  • Good written and verbal communication and report writing skills
  • Basic Presentation skills
  • Deadline driven
  • Ability to build relationships
  • Legal, Audit or commercial (e.g. Accounting) degree/national diploma (preferred).
  • Currently studying towards a Business/law/commercial/compliance Degree/Diploma.
  • Able to work independently and in a team
  • Ability to interpret statutory, regulatory and supervisory requirements.
  • Computer literacy. Able to work under pressure
  • Able to translate legal knowledge for a non-legal audience
  • Key skills needed include:
  • Strong administrative and organizational skills.

Qualification & Experience:

  • 1-2 years relevant experience required.
  • Relevant compliance experience required.

Job Details:

Company: Momentum

Vacancy Type: Full Time

Job Location: Centurion, Gauteng, SA

Application Deadline: N/A

Apply Here