Company: FNB South Africa
Industry: Banking / Financial Services
Deadline: Sep 30, 2025
Job Type: Full Time
Qualification: Bachelors, Masters
Experience: 3 – 5 years
Location: Gauteng
City: Randburg
Field: Finance / Accounting / Audit, Law / Legal
Job Title: Compliance Specialist
- The role’s purpose is to support the Head of Compliance by advising, guiding, monitoring and reporting on compliance with all legislation, standards and market conduct practices relevant to the Short Term Insurance business.
Are you someone who can:
- Deliver comprehensive compliance and legal support to business stakeholders, including interpretation of regulatory requirements, solutioning, and monitoring of compliance obligations.
- Provide assurance to the Head of Compliance on the effective management of compliance risks and execution of the compliance strategy and annual plan.
- Advise on new and existing business initiatives—covering product development, distribution channels, and post-sale activities—to ensure alignment with the Compliance and Regulatory Universe
- Enforce and monitor compliance with internal frameworks, policies, and compliance standards.
- Support stakeholders in developing and maintaining robust Compliance Risk Management Plans.
- Build and maintain strong relationships with internal stakeholders to develop compliant and commercially viable solutions, while offering strategic insights and practical guidance.
- Champion fair market conduct practices by anticipating client needs and embedding a client-centric culture across business operations.
- Lead regulatory change initiatives by assessing the impact of new regulations and guiding stakeholders through implementation and operational adjustments.
- Prepare and deliver accurate monthly and quarterly compliance reports, highlighting key risks, trends, and mitigation actions.
- Partner with Monitoring and Internal Audit teams to define assurance scopes, review audit outcomes, and ensure timely implementation of recommendations.
- Proactively identify areas of compliance vulnerability, conduct root cause analysis, and support the development of corrective action plans to mitigate risks.
You will be an ideal candidate if you possess:
- Bachelor’s degree in law, Risk Management, or related field (Postgraduate qualification preferred)
- Minimum 3-5 years’ experience in a compliance role within the insurance or financial services industry, with in-depth knowledge of the non-life insurance business.
- Must have a strong knowledge and application of insurance legislation.
End Date: September 18, 2025
