Compliance Intern | Cape Town
Join our clients dynamic Compliance Unit as a Compliance Intern, where you will play a crucial role in ensuring our adherence to regulatory requirements, best practice guidelines, and internal policies.
Duties and Responsibilities:
- Assist in fostering a culture of compliance under the guidance of the Compliance Officer.
- Support compliance with relevant laws and regulations impacting insurers and financial services providers, focusing on FAIS, PPR, POPIA, FICA, and the Insurance Act.
- Contribute to the development of risk-based Monitoring Plans.
- Take ownership of Compliance Monitoring activities.
- Manage changes in FAIS profiles and report on compliance levels.
- Present findings and engage effectively with management.
- Maintain the Noncompliance Register and support ad hoc compliance initiatives.
- Assist in regulatory reviews, inspections, and investigations.
- Contribute to compliance awareness and training initiatives.
- Review and help develop relevant policies.
- Assist the Head of Compliance in monitoring industry developments and emerging legislation.
- Report on new laws and their impact on our operations, ensuring awareness and understanding.
Experience and Qualifications:
- LLB, Risk Management, or BCom qualification.
- Compliance Management Certificate or Postgraduate Diploma in Compliance (preferred).
- 1 year of compliance experience (advantageous).
- Solid understanding of financial services legislation.
- Proficiency in MS Office with strong reporting skills.
Competencies:
- Excellent communication skills, both verbal and written.
- Team player with a flexible approach to work.
- Strong problem-solving abilities and a proactive attitude.
- Eagerness to learn and develop professionally.
- Demonstrates integrity and ethical behavior.
- Diligent with keen attention to detail.
- Ability to perform under pressure and work independently when required.
- Effective self-management skills.
