Capitec Bank Jobs: Compliance Manager – Insurance

Capitec Bank Seeks Experienced Compliance Manager for Insurance Division

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We’re on the hunt for energetic, self-driven individuals who share our passion for delivering top-notch service in the banking industry. If you’re passionate about compliance and risk management, we want to hear from you! To be part of our journey, follow the steps below:

1. Discover Life at Capitec: Complete a short assessment to learn more about our culture and values. Click here to get started.
2. Apply Now: Once you’ve completed the assessment, finalize your application by clicking the link below.

Job Title: Compliance Manager – Insurance West

Purpose Statement:

As a Compliance Manager in our Insurance division, you’ll be responsible for promoting and ensuring an adequate level of compliance with regulatory and statutory requirements. You’ll also lead the strategic direction and operational effectiveness of the Compliance department.

Key Responsibilities:

• Promote and ensure compliance with regulatory and statutory requirements
• Develop and implement effective compliance policies and procedures
• Provide guidance and support to employees on compliance matters
• Conduct regular audits and reviews to ensure compliance
• Identify and mitigate compliance risks

Requirements:

Minimum Qualifications:

• Bachelor’s Degree in Law or Accounting – Financial Accounting
• At least 5 years of experience in compliance management in the financial services industry, with exposure to insurance in at least 3 of the 5 years

Ideal Qualifications:

• Master’s Degree in Law or Accounting – Financial Accounting
• 7 years of experience leading compliance management in the financial services industry
• 5 years of experience in compliance/risk management in the financial services/insurance industry
• 5 years of experience managing a team of specialists in a similar environment
• Proven experience in operating at a senior management level

Knowledge and Skills:

Minimum:

• Insurance industry knowledge
• Compliance risk management, including compliance risk identification, assessment, and monitoring
• Process and controls development
• Laws and regulations applicable to the insurance/financial services environment
• Business acumen and understanding of business drivers
• Legal/statutory interpretation

Ideal:

• Insurance industry knowledge
• Capitec risk management environment
• Financial, insurance, and insurance legislation

Essential Skills:

• Analytical skills
• Communication skills
• Computer literacy (MS Word, MS Excel, MS Outlook)
• Interpersonal and relationship management skills
• Problem-solving skills

Conditions of Employment:

• Clear criminal and credit record

Diversity and Employment Equity:

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.

How to Apply:

If you’re passionate about compliance and risk management, and you meet the requirements above, click here to apply for this exciting opportunity.