Compliance and Principal Officer – Bryte Insurance Company Limited


Company : Bryte Insurance Company Limited
Reference # COB
Published 23/07/2018
Contract Type: Permanent
Salary: Market Related
Location: Gaborone, South East, Botswana

Introduction




The Compliance and Principal Officer is responsible for developing, implementing and monitoring compliance programmes and training. This individual provides direct compliance and regulatory advice to Bryte’s business; and counsels and advises on matters of compliance risk affecting the overall reputation and public image of the organisation.

The Compliance and Principal Officer is responsible for the daily management of the principal office in Botswana. This individual will ensure that the Company complies with relevant regulation as well as other compliance issues that are deemed necessary. Implementation of the operation strategy and oversight of the day-to-day operations – ensuring efficient and excellent management of financials and operational activities – also form part of the Compliance and Principal Officer role.

Specification
•Assumes subject matter expert role and compliance responsibility by:
Providing advice and guidance to management and employees;
Establishing, enhancing and implementing relevant compliance policies and procedures and providing best practice solutions;
Integrate requirements into the business process;
Analysing external requirement and trends.

•Assumes responsibility for monitoring and reviewing activities by:
Enhancing and performing monitoring and review activities;
Identifying possible areas of non-compliance and advising on remedial action;
Building, integrating and embedding compliance controls within business procedures.




•Manages communication and training by:
Assessing needs;
Developing training;
Co-ordinating delivery and tracking of completion;
Updating and maintaining relevant information for Intranet.




•Manages overall compliance by the Company with applicable legislative and regulatory requirements, and policies and standards by ensuring that all process-related decisions fall within the provisions of the rules, policy guidelines and are in accordance with governance guidelines.
•Assumes subject matter expert role and participates in working groups to define and interpret compliance subjects.
•Identifies and manages compliance risks and drives the implementation of the Operational Compliance Plan.
•Performs project work relating to area(s) of expertise within the compliance function and/or in cross-functional projects.

•Manages the implementation of corrective action plans for resolution of problematic compliance matters and provides general guidance on future compliance.
•Provides appropriate reporting within the compliance function and to business management.
•Manages key relationships with organisations, industry stakeholders and legislative bodies.
•Develops, monitors and evaluates Service Level Agreements (SLAs), to ensure efficiency and excellence in operational activities.
•Confirms legitimate business is written.
•Develops and ensures processes and procedures that address adequate custodianship over the Company’s security documentation and contracts are implemented.

Requirements

SKILLS, KNOWLEDGE, QUALIFICATIONS AND EXPERIENCE


•University degree or equivalent required with a compliance-related background.

•Additional education in subject matter expertise.
•Minimum 5 years’ managerial experience in the insurance field.
•Working knowledge of insurance products.
•Working understanding of business unit functions and processes.

Job Closing Date 06/08/2018

 

 

CLICK HERE TO APPLY ONLINE






  • This job has expired!







Latest News on BWNews

    Feed has no items.










Jobs in Botswana

Jobs Botswana

We are Botswana number 1 job listing website.

We list career opportunities in Botswana, NGOs in Botswana vacancies and internship opportunities in Botswana