Discovery Limited

Monitoring Officer (Senior)

Discovery Limited  •  Onsite  •  2 hours ago
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Job Description

Discovery Group Compliance

Monitoring Officer (Senior)

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

Job Purpose

The monitoring specialist is required to complete high quality monitoring reviews from planning to reporting, to contribute to the implementation of the Group Compliance Monitoring methodology and processes, and to ensure that Discovery Limited and all legal entities are conducting business in accordance with relevant regulations and applicable codes of conduct.

Areas of responsibility

The successful candidate will be required, primarily, but not limited to:

  • To contribute to the development of and be able to develop an effective annual compliance monitoring plan.
  • Execute the board-approved annual monitoring plan and conduct ad hoc monitoring when required.

a. Identify and analyse controls.

b. Identify potential areas of compliance vulnerability and risk.

c. Present the monitoring outcomes to business stakeholders.

d. Provide independent compliance advisory services through the development of recommendations for improvements to controls and processes, which will ensure adherence to legislative requirements and mitigation of risks.

  • Translate compliance monitoring outcomes on specific scope of work to non-compliance breaches and exposures.
  • Ensure that statutory and legislative knowledge is always current.
  • Keep abreast with internal business context, standards, and goals.
  • Contribute to the drafting and revision of company policies.
  • Develop, encourage, and nurture collaborative relationships across area of specialisation.
  • Display and encourage an appreciation for teamwork and inclusivity.
  • Participate in planned activities that are appropriate for own development.

Education and Experience

  • Degree in business related discipline; LLB, BCom, BA, Audit and/or certification in Compliance Management.
  • 3-5 years’ experience in similar environment.
  • Must be able to interpret and apply legislation to varying business environments within financial services.
  • Attention to detail and must be able to analyse data and interpret results.
  • Possess excellent communication skills and present concepts clearly and concisely.

Personal Attributes

  • The successful candidate must have personal drive to achieve personal/organisational goals, possess excellent organisational skills to ensure that daily tasks are performed timely, and be able to adapt to short-term change quickly and calmly.

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Discovery Limited

About Discovery Limited

Imagine a world where people live healthier, more enhanced and protected lives… A world in which each organisation is a powerful influencer and responsible corporate citizen, committed to being a force for social good. As a leading innovator in healthcare, wellness, insurance, investments, financial and life planning, Discovery works ceaselessly to make this vision a reality.

Fuelled by our passion for enhancing lives and our desire to innovate, Discovery consistently sets global standards, creating shared value through shared intellectual capital. A testament to this is our Vitality programme, which is both a platform to incentivise people to live healthier lives as well as a channel through which shared value is delivered.

We are a proudly South African-born, global company with health, life and short term insurance operations in South Africa and the United Kingdom, and a presence in Germany, France, the United States, Canada, Australia, Singapore, Hong Kong, Philippines, Thailand, Malaysia, China and Japan through our Global Vitality Network. We uphold our promise of shared value by being a positive disruptor that focusses on bringing about sustainable change in the lives of the people and communities we serve across the globe.

Our Vitality Shared-Value Insurance model has received international recognition, including being ranked 17th in Fortune’s index of 51 companies “changing the world” in August 2015, and named a leading health innovator at the World Economic Forum in January 2017.

Our values of leadership, honesty, innovation and fairness act as our compass, directing our business practices to take advantage of every opportunity while looking for ways to dazzle clients.

With an unwavering commitment to being the best shared value insurance organisation in the world, Discovery is a powerful force for social good.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Johannesburg, ZA
Year Founded
1992
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