Compliance Intern | Cape Town

SUMMARY:
Compliance Intern | Cape Town

POSITION INFO:

Join our clients dynamic Compliance Unit as a Compliance Intern, where you will play a crucial role in ensuring our adherence to regulatory requirements, best practice guidelines, and internal policies.

Duties and Responsibilities:

• Assist in fostering a culture of compliance under the guidance of the Compliance Officer.
• Support compliance with relevant laws and regulations impacting insurers and financial services providers, focusing on FAIS, PPR, POPIA, FICA, and the Insurance Act.
• Contribute to the development of risk-based Monitoring Plans.
• Take ownership of Compliance Monitoring activities.
• Manage changes in FAIS profiles and report on compliance levels.
• Present findings and engage effectively with management.
• Maintain the Noncompliance Register and support ad hoc compliance initiatives.
• Assist in regulatory reviews, inspections, and investigations.
• Contribute to compliance awareness and training initiatives.
• Review and help develop relevant policies.
• Assist the Head of Compliance in monitoring industry developments and emerging legislation.
• Report on new laws and their impact on our operations, ensuring awareness and understanding.