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About this job
This role is individually accountable for assisting the BU in establishing and embedding a culture of compliance as well as ensuring that risk processes are implemented at BU level. The individually is accountable for achieving results through own efforts over periods of up to 3 months
1. Challenges risk management information received from reporting entities2. Ensures risk processes (risk assessment, identification, management, reporting and optimization) are occurring at BU level3. Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues4. Provides oversight for risk management activities ensuring Group Risk Policy statements are met5. Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures6. Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management and monitoring plans7. Ensures monthly risk control logs are updated and follows up with various Line Managers8. Performs quarterly compliance audits on processes9. Performs monthly quality assurance audits on claims processes10. Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem11. Reports compliance breaches to management on a monthly/quarterly basis12. Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate noncompliance with legislation and regulation
Skills
Accountability, Compliance Reporting, Compliance Risk Management, Management Reporting, Results-Oriented, Risk Compliance, Risk Control, Risk Management
Education
Bachelors Degree (B): Accounting Finance (Required)
Closing Date
26 February 2024
1. Challenges risk management information received from reporting entities2. Ensures risk processes (risk assessment, identification, management, reporting and optimization) are occurring at BU level3. Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues4. Provides oversight for risk management activities ensuring Group Risk Policy statements are met5. Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures6. Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management and monitoring plans7. Ensures monthly risk control logs are updated and follows up with various Line Managers8. Performs quarterly compliance audits on processes9. Performs monthly quality assurance audits on claims processes10. Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem11. Reports compliance breaches to management on a monthly/quarterly basis12. Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate noncompliance with legislation and regulation
Skills
Accountability, Compliance Reporting, Compliance Risk Management, Management Reporting, Results-Oriented, Risk Compliance, Risk Control, Risk Management
Education
Bachelors Degree (B): Accounting Finance (Required)
Closing Date
26 February 2024