Compliance Monitoring Officer

Job description

• Develop and implement a compliance monitoring plan to assess adherence to regulatory requirements, industry standards, and internal policies.
• Conduct periodic reviews and audits of various business processes, transactions, and activities to identify potential compliance risks or deficiencies.
• Analyse data and documentation to evaluate the effectiveness of controls and procedures in place to mitigate compliance risks.
• Identify trends, patterns, or anomalies in compliance-related data and report findings to management for corrective action.
• Collaborate with internal stakeholders, including compliance officers, legal counsel, and operational teams, to address identified issues and implement remedial measures.
• Provide guidance and support to business units on compliance-related matters, including training sessions and workshops.
• Stay informed about changes in legislation, regulations, and industry best practices to ensure that monitoring activities remain up-to-date and relevant.
• Document monitoring activities, findings, and recommendations in clear and concise reports for management and regulatory purposes.
• Assist in responding to inquiries and requests from regulatory authorities regarding compliance monitoring activities.
• Participate in cross-functional projects and initiatives aimed at enhancing compliance processes and promoting a culture of integrity and accountability within the organisation.

• Grade 12
• Bachelor's degree in business, finance, law, or a related field. A postgraduate qualification in compliance or a relevant certification (e.g., Certified Compliance Professional) is advantageous.
• Solid understanding of South African regulatory requirements and industry standards relevant to retail operations
• Analytical mindset with the ability to interpret complex data and identify compliance risks and trends.
• Excellent communication and interpersonal skills, with the ability to liaise with stakeholders at all levels of the organization
• Proven experience in compliance monitoring or auditing, preferably within the retail or consumer goods industry.
• Strong attention to detail and organisational skills, with the ability to manage multiple tasks and deadlines effectively.
• Proficiency in using relevant software and tools for data analysis and reporting.
• Integrity and ethical conduct, with a commitment to upholding the highest standards of compliance and corporate governance.

• Auditing
• Compliance
• Data

Requirements

• Auditing

• Compliance

• Data