Job
description
Are
you tired of being limited? Would you like a career with which your efforts
dictate your earning potential? Would you like to be part of Botswana Life
Insurance Limited, the market leader in the Life Insurance industry in
Botswana? If your answer is yes to any of the above, then this is your chance!
CORPORATE
COMPLIANCE OFFICER/SPECIALIST -PRINCIPAL OFFICE
Applicants are
invited from suitably qualified employees for the position of Corporate Compliance
Officer/Specialist. The purpose of this role is to provide
support and monitor regulatory compliance programs
with BLIL Agents through
training and sharing information as well as ensuring that the business
processes are compliant with Regulatory requirements.
Requirements
Key
Performance Areas
- Develop
and maintain policies and procedures for the general operation of the
compliance program to prevent and monitor unethical, illegal or improper
conduct - Provide
compliance support to Agents on all the financial services laws including
among others Insurance Industry Act, NBFIRA Act, Financial Intelligence
Act, Income Tax Act, and all the regulatory universe - Conduct
compliance audits periodically to assess levels of compliance against the
established regulatory requirements in order to ensure continuity of
corporate agencies business - Identify
and manage risks in accordance with the company’s risk management
policiesDevelop and periodically review and update standards or codes of
conduct to ensure continuing currency and relevance in providing guidance
to stakeholders - Compile
and provide reports on regular basis and as directed and requested to
inform senior management of the operations and progress of compliance
efforts and Regulatory issues - Monitor
adherence to compliance service level agreements between Botswana life and
Agents - Respond
to alleged violations of regulatory rules and standards of conduct and
initiate investigative procedures and apply remedial action - Plan
and deliver compliance training and workshops on regulatory practices,
requirements and industry standards - Collaborates
with Sales department to direct compliance issues to appropriate existing
channels for investigation and resolution
Education
A Degree LLB or Degree in Business administration or related field, eg, Risk
Management. Insurance qualification – Licenciate/Associate of IISA and
Compliance Management will be an added advantage
Background
Experience
- 4
years’ experience in a Financial Sector. (especially insurance industry) - In-depth
knowledge of Financial Services laws governing Insurance Industry - Strong
technical background in Compliance Management and insurance knowledge.
Strong communication, influential skills, interpersonal skills and
stakeholder management skills
Benefits
The company offers an attractive remuneration package with benefits in keeping
with a large Financial Organization.
Closing
date and application instructions
Interested
applicants should send their applications with comprehensive CV’s not later
than 13th
November 2015.
Human
Resources Department
Botswana Life
Insurance Limited
P Bag 00296
Gaborone
Or email to recruitment@blil.co.bw with
subject Corporate
Compliance Officer/Specialist.
Note:
Communication will be made to shortlisted candidates only.
