Job Purpose:
Job holder will be responsible for monitoring business processes and perform routine audits to identify potential compliance risks in the Corporate Segment. The role holder will also help implement new policies, systems, or controls designed to reduce risk.
Key Responsibilities:
Ensure financial crime compliance programs are implemented including AML, Anti-bribery, Counter-terrorist financing, sanctions etc.
Maintain an up-to-date high level of knowledge and understanding of country regulations, internal policies and procedures on AML, Anti-bribery, Treating Customers Fairly, Data Privacy, and implications on business activities
Work closely with the Britam Asset Managers EXCO to ensure all business processes are compliant with policies and procedures
Work closely with Risk & Internal Audit to ensure regulatory and statutory compliance and avert risks that may result from non-compliance
Compile the compliance obligations register incorporating the RACI matrix and communicates statutory requirements
Liaises with the CEO and functional heads on major non-compliance findings and advises on mitigations to be considered
Work with the EXCO, to identify all compliance requirements
Analyze the compliance risk for each obligation and recommend treatment approach
Utilize the available tools to evaluate compliance programs to determine effectiveness and devise solutions to address new legal and regulatory developments
Work closely with the Britam Group Head of Compliance to ensure that exemplary compliance standards are consistently maintained by the Company in accordance with Britam Plc Group
Compliance Policies, relevant local laws, regulations and rules as well as applicable international/global requirements and best practices.
Knowledge, experience and qualifications required
Bachelor’s degree in finance, legal, business administration or related field
Professional certifications (CISA/CISI/CRM, CISM)
3 – 5 years’ experience in compliance management
Technical/ Functional competencies
Knowledge of insurance regulatory requirements
Knowledge of insurance products
Excellent organisational and analytical skills
Report writing skills
Leadership category responsibility framework (Core Competencies)
Emerging Leaders in Britam need to:
Plan, direct and apply efficiencies and resources in order to optimise output and profitability against time, cost and team targets.
Effectively communicate strategic and operational departmental goals and objectives to peers and others in order to ensure proper implementation;
Ensure that department priorities are adhered to and effectively communicated.
Ensure competent and effective people resources through appropriate coaching, development and people supervision as appropriate;
Embody a high performance, proactive culture.
Effectively ensure the adherence to key performance areas, deadlines and goals in order to optimise operational effectiveness.
Effectively communicate resource needs, possible opportunities and achievements to management in order to aid them in their decision-making.
Effectively set and monitor priorities and objectives for more junior staff.
Understand and communicate objectives in relation to the larger organizational impact.
Effectively disseminate knowledge within the correct context, towards subordinates as well as management.
Appropriately model the company values while setting the pace and energy for delivering.
Effectively manage and communicate change within the department in order to increase staff and process effectiveness.
Provide access to accurate and consistent information and services across all channels.
Ensure a seamless experience for clients.
Improve service delivery for clients.
Engage in continuous brand building to become the trusted partners to clients.
Apply via :
britam.taleo.net