Compliance Officer (Insurance / Reporting / Risk Management / Regulatory/ Management / Governance) - Namibia

Location: Windhoek, Namibia
Date Posted: 04-08-2017
Overview:
CA Global Finance has a leading client, within the Insurance industry, who is looking to appoint a Compliance Officer. The individual will report to the Head of Risk and Compliance. The position is to be based in Namibia.

Duties and Responsibilities include but are not limited to:
Governance:
  • Support the development and implementation of Compliance Management Frameworks, Policies and Procedures.
  • Provide input and guidance to in-country businesses on the implementation of frameworks and policies.
  • Provide an assurance function to management on the management and mitigation of risk within the in-country businesses.
  • Ensure that compliance management in the in-country businesses is pro-active and has the right balance between the maturity of the business and robust practice.
Reporting and Processes:
  • Contribute to identifying the controls required in functional areas for the mitigation of risk and provide guidance to in-country businesses on the effective implementation of these controls.
  • To produce Compliance Reports for assurance purposes for the business
  • Assist in-country businesses with the production of Compliance reports to be used in mitigating risk and improving business and operational processes.
  • Ensure that in-country compliance resources monitor and report on limit breaches; and follow up on corrective actions to ensure that they do not recur.
  • Provide a monthly dashboard on compliance breaches and exposures.
Compliance Management:
  • Work closely with the MD, Head’s of Departments, Statutory Actuary and compliance teams to proactively monitor new legislation in terms of managing threats and opportunities.
  • To keep abreast of new regulations and industry developments in order to effectively provide support in managing compliance risk in-country businesses.
  • Track and report compliance with all applicable Namibian and the Group’s legislation.
  • Provide input into, set and maintain compliance monitoring methodology, guidelines and standards.
  • Contribute towards building and maintaining an effective stakeholder relationship with all in-country Insurance Regulators
Requirements:
  • LLB Degree
  • Post grad qualification in Compliance Management would be advantageous
  • A minimum of 2 – 3 years’ experience in Compliance within the Insurance and financial services environment.
  • In-depth knowledge of Compliance Management
  • Legislative knowledge
  • Insurance Industry products
  • Insurance industry operational processes
  • Must have exposure to the following legislation:
  • Insurance Acts, AML, TCF, FATCA, POPI and relevant insurance related legislation.
Please apply directly, by clicking on the Apply Button above and visit our website www.banking-recruitment-jobs.com for more exciting opportunities and visit www.caglobalint.com for the latest CA Global jobs.
 
Thania Jaffer
Executive Recruiter: Insurance, Risk & Healthcare
CA Global Finance
 
If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.
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