Compliance Manager Mozambique

Momentum Group Limited

About The Position

To develop, implement, and oversee the organisation's compliance framework, ensuring adherence to legal, regulatory, and governance requirements while enabling the business to achieve its strategic objectives in a compliant and ethical manner.

Requirements

Degree in Finance, Legal, or Business (recognised by the ISSM) – Essential
Registered Compliance Officer with the ISSM – Essential
8–10 years' compliance-related experience
3–5 years' management experience
Communication
Stakeholder Engagement
Influencing & Negotiation
Leadership
Analytical Thinking
Decision Making
Compliance & Ethical Conduct
Strategic Thinking
Planning & Execution
Continuous Learning and Development

Nice To Haves

Admitted Attorney – Desirable
Post Graduate Diploma in Compliance Management – Desirable

Responsibilities

Determine statutory and management requirements (“rules”)
Take responsibility for the effective implementation and monitoring of all legislative requirements
Develop a risk matrix
Assess compliance therewith by linking rules to processes ("rules & process analysis")
Implement policies and procedures to assist, facilitate and enable compliance with rules
Implement a compliance program including putting in place required compliance risk governance documents to create and embed a compliance area and culture
Monitor compliance with rules via compliance program
Assist, enable, facilitate, and monitor compliance with laws, policies and procedures on a risk weighed basis as determined in terms of the risk matrix
Establish and update compliance manual
Establish and maintain relationships with business areas, line management of the business areas, internal and external audit and other complimentary departments and divisions e.g., Legal, HR, Internal Audit, MM Africa Compliance etc.
Give ad hoc advice in respect of regulatory and operational risk (“compliance risk”)
Recognize any requirements of senior management in respect of compliance function
Initiate and ensure disciplinary proceedings, where necessary
Be involved in projects from a Compliance and Legal Risk Management perspective
Build training content and conduct, where necessary
Communicate rules to business area
Cultivate compliance culture
Comment on draft legislation
Interact and liaise with regulators subject to management oversight
Represent the organization in respect of the compliance area and any matter related thereto
Liaise with key third parties in respect of strategic issues relating to compliance
Develop and review company policies, policy renewals, policy wording and processes, system and data requirements, adhering to the compliance requirements
Maintain up to date knowledge and awareness of regulatory framework and industry specific obligations within insurance industry, as well as non-insurance regulatory framework
Maintain and/or implement policies and procedures offering guidance as need be
Provide training to staff and management on the compliance function as need be
Update process manuals in line with compliance obligations