Specialist: Compliance Management

Key Performance Areas

Regulatory & Compliance Management

• Assess the applicability of regulatory requirements.
• Development of a Compliance Risk Management Plan CRMP.
• Identify potential areas of compliance vulnerability and risk.
• Conduct categorisation of compliance obligation based on their impact, importance and significance to the RAF
• Monitor legislative developments and ensure alignment
• Conduct compliance awareness and provide advice on business units on compliance obligations, processes and procwdures.
• Draft briefing notes to advice the business on legislative changes.

Policy Review and Implementation

• Contribute to the development and implementation of departmental and RAF policies, procedures and processes.
• Guide policy development process through the alignment of the documents to the overall RAF's Strategy

Compliance Violation

• Conduct regular complaince checks.
• Conduct compliance investigations and compile reports.
• Resolve compliance violations timeously.
• Carry out root cause analysis of non-compliance.
• Conduct compliance Trend Analysis.

Compliance reviews and monitoring.

• Implement and monitor adherence to identified compliance obligations.
• Conduct compliance risk monitoring of identification of legislation applicable and policies
• Conduct a preliminary survey to understand the area to be review
• Perform a risk assessment and determine the level of risk
• Conduct a preliminary survey to understand the area to be reviewed.
• Coordinate evidence to substantiate findings identified.
• Track progress on the implementtation of action plans and report status to management.
• Recommend approapriate action to be implemented by management.

Compliance Risk Management

• Develop Coordinate the identification of compliance risk with different business units.
• Initiate Compliance Risk Management Plans CRMPs on identified high risk areas and provides an overview on the status of the departments regulatory control environment.
• Perform a structured assessment of compliance risk arising from the Prioritise regulatory requirements individually measuring the impact probability of each regulatory requirements.

Reporting

• Provide inputs for the report submitted to the relevant governance comittees
• Prepare compliance reports, discuss with Management and obtain comments on the area reviewed.
• Compile functional reporting systems, for management, projects or performance reporting.
• Prepare proposals, briefings, presentations, reports, and other documentation and provide management information both verbally and in report format.

Stakeholder Management

• Facilitate communication with relevant internal and external stakeholders and manage the relationships.
• Engage regulators with regards to adherence to industry standards.
• Communicate with all levels of stakeholder contact.
• Represent the Fund in relevant external activities and events.

People Management

• Ensure sourcing, development and retention of a high-performing team.
• Ensure that recruitment of operational workforce is in line with employment equity targets.
• Ensure the motivation, cohesiveness, and alignment of the organization's team members.
• Manage staff in the department to ensure that they achieve their objectives in line with the strategic objectives of the RAF.
• Ensure implementation of people management processes and procedures to control/regulate workplace conflict and/or institute corrective measures and consultation processes to address deviations from standards.

Qualifications and Experience

• Bachelor's Degree in Law, Business Administration, Auditing/ Risk Management related qualification.
• Relevant 5-7 years' experience in Compliance / Risk Management/ Legal Governance environment.
• Registration with the Compliance Institute Southern Africa CISA will be an added advantage.

Technical and Behavioral Competencies Required

• Resilience.
• Communication.
• Working with People.
• Network and Alliances.
• Planning, Organising and Coordinating.
• Employee Engagement.
• Personal Mastery.
• Judgement and Decision Making.
• Ethics and Values.
• Client Service Orientation.
• Facilitation and Presentation Skills.
• People management.
• Policy conceptualisation and formulation.
• Risk Management.
• Programme/project management.
• Service Delivery Innovation.
• Stakeholder development and relations
• Ability to interpret legal requirements.
• Ability to analyse complaince data and trends
• Understand the Organisation's Structures, Products, Services, and Activities Ability to analyse and solve problems.
• Understanding of King IV Report.
• Aligning internal processes with regulatory standards.
• Understanding of corporate governance standards and practice.
• Understanding of ethics management frameworks and applicable laws.
• Good report writing and business writing skills.
• Excellent presentation and facilitation skills
• Strong project management skills.