Head of Risk and Compliance

SUMMARY:
An emerging entity in the financial services industry is eager to bring on board a highly qualified Risk and Compliance professional to head up their team in Johannesburg, Gauteng, in 2025.

POSITION INFO:
This role is essential in ensuring that the organization adheres to industry regulations, mitigates risks, and fosters a culture of compliance. The ideal candidate needs to have a strong background in the insurance sector and a proven track record in risk management and compliance.

Duties and Responsibilities Include:

• Develop and implement a comprehensive risk management and compliance strategy aligned with organizational goals.
• Ensure compliance with all relevant laws, regulations, and industry standards. Oversee the preparation and submission of regulatory reports.
• Identify, assess, and mitigate risks related to business operations, including financial, operational, and reputational risks.
• Create and maintain risk management and compliance policies, procedures, and controls. Update them as necessary to reflect changes in the regulatory environment.
• Collaborate with senior management and the board of directors to communicate risk and compliance issues. Provide guidance on risk-related matters.
• Develop and deliver training programs to promote a culture of compliance and risk awareness across the organization.
• Oversee the investigation of compliance breaches and risk incidents. Implement corrective actions and preventive measures.
• Reporting: Prepare and present risk and compliance reports to senior management and regulatory bodies.

• Bachelor of Law: LLB, BCom Law, BA Law or equivalent qualification
• Minimum 5 – 8 years post-qualification experience in the financial services/insurance sector
• 2 years' experience in a management position
• FSCA, RE5, FAIS certifications (advantageous)
• Admitted Attorney of the High Court (required)
• Strong communication and leadership skills
• Excellent report writing skills