Compliance Manager Job at Britam



Job Purpose

Responsible for developing and monitoring compliance programs as well as developing and implementing policies and procedures to achieve compliance with Government regulations, legal obligations and Britam policies.


Key responsibilities

  • Develop a Compliance framework for Britam Group;
  • Responsible for the development, implementation and ongoing governance for regulatory compliance including and not limited to AntiMoney Laundering(AML), Economic Trade Sanctions(ETS) and Environmental & Social Sustainability(ESS) policies across the Group;
  • Compile the compliance obligations register incorporating the risk and control;
  • Work with the Business units, to identify all compliance requirements and controls;
  • Analyse the compliance risk for each obligation and recommend treatment approach;
  • Utilise the available tools to evaluate compliance programs to determine effectiveness and devise solutions to address new legal and regulatory developments;
  • Perform on-going compliance risk assessments, testing and monitoring and facilitate remediation of control deficiencies based on observations or findings from compliance monitoring and internal audit;
  • Liaises with Business Units on major non-compliance findings and advises on mitigations to be considered;
  • Timely submission of reports to Head of Operational Risk/Governance manager, including and not limited to monthly status reports, Management Risk Committee reports, input to Board papers and adhoc reports;
  • Represent Britam in industry forums and influence upcoming regulation as required or delegated;
  • Roll out the communication/awareness program;
  • Continuously review and report on compliance status; and
  • Perform any other duties as may be assigned from time to time.


Working relationships:

Internal working relationships;

The Compliance Manager will be-

  • Accountable to the Head of Operational Risk &  Compliance
  • Directly responsible for staff working under this position, if applicable
  • Required to liaise and work closely with the Risk and Compliance team, Department Managers and Unit Managers in country and regional businesses


External working relationships;

  • Required to develop and maintain collaborative relationships with third party service providers to ensure quality and cost effective services are provided to Britam.
  • Insurance Regulatory Authority, Retirement Benefits Authority, Capital Markets Authority  and other policy makers.


Knowledge, experience and qualifications required

  • Bachelor’s degree in Commerce, Risk, Law, or any related field.
  • 7 to 10 years’ experience in operational risk, compliance or ethics, operations or compliance 3  to 4  of which must be in a managerial role.
  • Relevant accreditation required.



Technical and functional competencies;

  • Compliance reviews
  • Risk assessment techniques
  • Risk response strategies
  • Risk management policies
  • Risk mitigation strategies and indicators


Core competencies;

  • Strong Communication skills
  • Strong Relationship building skills
  • Focuses on the Customers
  • Develops Self & Others
  • Solves Problems
  • Manages Quality and Risk
  • Managing Change and Ambiguity
  • Managing and Executing Strategy

Closing Date:

Friday, March 3, 2017

Key Skills/Specialization:

Bachelor’s degree in Commerce

Risk Management

Law or a related field.