Compliance Officer

Job Description

The role of the Compliance Officer is to mitigate risks, protect the organizations reputation and promote ethical behavior. The role requires an individual who possesses a strong understanding of relevant laws and regulations, exceptional analytical and communication skills, and a proven ability to build relationships and drive change and significantly contribute to the organization’s long-term success and sustainability.

PRINCIPAL ACCOUNTABILITIES

AREA 1: Regulatory Compliance

Responsible for staying abreast of evolving regulations and industry standards

Responsible for implementing necessary changes to internal policies and procedures and ensuring ongoing compliance with relevant laws.

AREA 2: Risk Management

Responsible for identifying, assessing, and mitigating potential compliance risks

Develop and implement robust risk management strategies and controls

AREA 3: Training and Communications

Designs and delivers training programs to educate employees on relevant law, regulations, and internal policies

Serve as a point of contact for employees seeking guidance on compliance matters

AREA 4: Policy Development and Implementation

Responsible for developing, revising, and implementing compliance policies and procedures, ensuring alignment with industry best practices and regulatory requirements.

AREA 5: Collaboration and Relationship building

Responsible for collaborating with various stakeholders, including legal, human resources, and other business units, to promote a culture of compliance and foster open communication.

AREA 6: Monitoring and Testing

Responsible for establishing monitoring and testing protocols to assess the effectiveness of the organization’s compliance program and identify areas for improvement.

AREA 7: Investigations and Reporting

Responsible for investigating potential compliance issues, determines the appropriate course of action, and reports findings to senior management and, when necessary, regulatory bodies

KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED TO UNDERTAKE THIS ROLE

Qualifications:

Bachelor’s degree in any related field such as law, business or finance

5+ years of experience in marketing management or a related role.

Grade 12 certificate

Other competencies

Prior experience in compliance, risk management, legal or audit roles, an added advantage

· Work Complexities and Additional Requirements

Ability to work long hours, over and above 40 hours per week, to deliver assignments within tight deadlines

Demonstrate ability to have critical technical or professional knowledge/skills related to the role.