Senior Compliance Officer
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
organizational 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 optimize 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 optimize 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.
