Johannesburg: Compliance Monitoring Officer posted by Headhunters

Our client, a leader in medical aid schemes and financial services, is seeking to employ a experienced Compliance Monitoring Officer to join their dynamic team based in Melrose Arch, Johannesburg.

This role is ideal for a detail-oriented compliance professional who thrives in assurance, regulatory oversight, and risk management, and who can act as a trusted advisor to the business while maintaining independence as part of the second line of defense.

Experience gained in either Compliance Management, Internal Auditing or Risk Management is essential!

Awesome career opportunity awaits!

Qualifications

• Postgraduate Diploma (Compliance Management, Internal Auditing or Risk Management)

• CPrac (SA) Compliance Practitioner designation (CISA)

• Certificate in Compliance Management

• Institute of Internal Auditors (IIA) certifications – Advantageous

• Legal qualification – Advantageous

• 35 years experience in compliance management and in the financial service industry

• 12 years experience in audit practices and methodology (preferred)

• Experience within the medical schemes industry (advantageous)

Responsibilities

1. Compliance Management

• Contribute to the maintenance and ongoing enhancement of the compliance framework, including policies, manuals, templates, and related processes.

• Identify, assess, monitor, and report on material regulatory and operational compliance risks.

• Provide guidance and recommendations to business units to ensure policies and procedures align with legislation and leading practices.

• Support the Head of GRC and GRC Specialists in identifying emerging regulatory and operational risks.

• Collaborate with Internal Audit, External Audit, and service providers to oversee controls that prevent or detect policy and regulatory breaches.

• Develop, maintain, and update Compliance Risk Management Plans (CRMPs) in line with the annual Risk and Compliance Coverage Plan.

• Support POPIA compliance by working closely with the Information Officer / Deputy Information Officer.

• Promote a strong compliance culture and awareness across the organisation.

• Stay abreast of regulatory developments impacting medical schemes and administrators.

2. Compliance Monitoring and Reporting

• Execute compliance reviews in line with the annual Risk and Compliance Coverage Plan.

• Attend planning and opening meetings with stakeholders to understand processes, risks, and controls.

• Evaluate control design and effectiveness using approved assurance methodologies.

• Prepare working papers, findings, and reports in line with the Compliance Manual.

• Report on non-compliance, compliance risk exposure, and mitigation status to relevant governance structures.

• Present compliance findings and recommendations to stakeholders.

• Assess the adequacy of managements corrective actions and recommend further improvements where necessary.

Please note that if you do not receive feedback within two (2) weeks of applying, kindly consider your application unsuccessful.