Job Description
About the Role
As a Compliance Specialist, you will be reporting to the Risk & Compliance Manager. You will be responsible for performing periodic compliance monitoring reviews to identify issues of non-compliance. The outcome of monitoring reviews will assist the business unit to identify areas of non-compliance and improvement and aid the business unit in executing its responsibility to comply with all regulatory codes and legislative requirements.
Key Responsibilities
- Performing periodic compliance monitoring reviews
- Plan and execute compliance monitoring activities timeously
- Complete online reviews for each business unit
- Interact quarterly with stakeholders in each business unit gathering information
- Execute the monitoring plan as allocated by the Manager
- Business unit compliance report
- Implement an organization-wide reporting procedure to ensure compliance with the reporting responsibilities as required by the Regulator(s)
- Analyze, collate and interpret organization-wide compliance reports
- Submit detailed and summarized reports on areas covered, findings and appropriate recommendations for improvement to management and other Board-Sub Committees
- Conduct independent compliance monitoring e.g., Control Adequacy Assessments and Control Effectiveness Assessments / testing, special reviews and risk indicator monitoring via the compliance software system
- Monitor new regulatory developments and assist with interpreting regulatory requirements for impact assessments
- Identify areas of non-compliance and improvement
- Provide each business unit with their compliance report highlighting areas of non-conformance
- Agree deadlines/responsibilities and required improvement
- Update Combined Assurance Findings Tracking document to monitor progress on a monthly basis, to track findings closure
Requirements
- Grade 12 qualification/Matric Certificate (Essential)
- Relevant business-related degree, with an accompanying Compliance related qualification (Essential)
- B. Com Law / LLB (Advantageous)
- Registered as a Member with the CISA (Essential)
- FSCA Regulatory Exam (RE1) (Advantageous)
- 5-7 years experience working in a compliance environment
- Good working knowledge of the GACP will be an added advantage
- Practical knowledge of applicable insurance and related legislation will be an added advantage
Qualifications
- Completed Grade 12 qualification/Matric Certificate
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Johannesburg
When it comes to the accounting and finance sector in Johannesburg, South Africa, typically, this field is considered a stable and secure area for job seekers. The demand for skilled professionals in this space remains strong due to the country’s growing economy and increasing complexity of financial regulations. As a result, common job opportunities can be found across various industries.
In terms of salary expectations, it is generally true that accounting and finance professionals in Johannesburg can expect broad ranges that vary depending on factors such as experience, company size, industry sector, and specific role within the organisation. For example, entry-level positions may start at around R200 000 to R300 000 per annum, while senior roles can range from R500 000 to over R1 million per year, depending on individual qualifications, performance, and industry norms.
To succeed in this field, common skills are typically required, including strong technical knowledge of accounting principles, financial analysis, and problem-solving abilities. Soft skills such as communication, teamwork, and time management are also essential for professionals working in this space. Other valuable skills include proficiency in accounting software, data analysis, and business acumen. It’s worth noting that experience, particularly with reputable firms or industries like the technology sector, can significantly impact salary expectations.
The finance and accounting industry is diverse, with various sectors employing these roles, such as financial services, technology, manufacturing, and more. Financial services sector often employs accountants to assist with compliance and risk management, while the technology industry may require professionals to work on financial planning, budgeting, and forecasting.
For career development, it’s common for accounting and finance professionals to start in entry-level positions before moving into specialist roles or leadership positions within their organisation. Opportunities for advancement can also be found through professional certifications such as CA (South Africa) or CIMA (Chartered Institute of Management Accountants), which demonstrate expertise and commitment to the field. Additionally, many firms offer training and development programs that support career progression and specialisation in specific areas, such as audit, taxation, or financial planning.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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