About this role
<p><span style="font-size:16.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Who are we?</strong></span></span></p> <p>At MiWay, our purpose is to enable people to live their way. We understand that life is not justabout "things" but the<br>meaning that those things bring to your life. We believe that technology andinnovation have infinite possibilities when<br>it's inspired by humans by you.</p> <p>Therefore, we focus on our clients' needs; finding new ways to simplify their lives and how they dothings.<br>We give them products, services, and solutions that enable them to live and enjoy life on their ownterms – in their own way.</p> <p>Agile values and principles are strongly embedded in our culture, and they are at the core of howwe make decisions and<br>how we approach adding value within the company.</p> <p> </p><div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Build a successful career with us</b></H2> </div><div><p>We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.</p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>What will you do?</b></H2> </div><div><p>Senior Compliance and Risk Manager will provide independent oversight and strategic leadership across the Compliance and Risk functions, ensuring the organisation operates within legal, regulatory, and risk appetite parameters, while safeguarding stakeholder value and supporting business objectives.</p> <p>The role is accountable for embedding a strong compliance culture, enhancing enterprise risk management capabilities, and ensuring robust governance aligned to regulatory and internal standards. </p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Key Responsibilities</b></H2> </div><div><p><strong>Compliance Management</strong></p> <ul> <li>Develop, implement, and maintain the regulatory compliance framework, policies, and procedures</li> <li>Maintain and update the regulatory universe and communicate changes to stakeholders</li> <li>Monitor compliance with legislation, regulatory obligations, and internal policies</li> <li>Develop and oversee Compliance Risk Management Plans (CRMPs)</li> <li>Provide proactive regulatory advisory to business units</li> <li>Lead regulatory reporting and engagement with regulators (e.g. FSCA, Information Regulator)</li> </ul> <p> </p> <p><strong>Enterprise Risk Management</strong></p> <ul> <li>Support implementation and enhancement of the ERM framework</li> <li>Oversee enterprise-wide risk identification, assessment, and mitigation processes</li> <li>Maintain and monitor the risk register, ensuring key risks are tracked and escalated</li> <li>Facilitate risk appetite embedding and alignment to business strategy</li> <li>Provide regular risk reporting to management, Exco, and Board committees</li> </ul> <p> </p> <p><strong>Monitoring, Assurance and Reporting</strong></p> <ul> <li>Develop and execute risk-based compliance and risk monitoring plans</li> <li>Track compliance breaches, incidents, and remediation actions</li> <li>Provide consolidated reports to applicable forums</li> <li>Monitor effectiveness of internal controls and governance processes</li> </ul> <p> </p> <p><strong>Governance and Regulatory Engagement</strong></p> <ul> <li>Support governance forums with insights and reporting</li> <li>Ensure adherence to governance standards and regulatory expectations</li> <li>Maintain independence while providing advisory input to the business</li> <li>Engage proactively with regulators, audits, and inspections</li> <li> Support governance structures that ensure clear separation between risk oversight and business operations</li> </ul> <p> </p> <p><strong>Culture, Training and Capability Development</strong></p> <ul> <li>Drive a strong compliance and risk culture across the organisation</li> <li>Develop and deliver training and awareness programmes</li> <li>Provide mentorship and leadership to compliance and risk teams</li> <li>Support capability development and maturity of control functions</li> </ul> <p> </p> <p><strong>Strategic Contribution</strong></p> <ul> <li>Provide input into strategic initiatives, product development, and partnerships</li> <li>Identify emerging regulatory and risk trends impacting the business</li> <li>Ensure risk and compliance considerations are embedded in business decisions</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Minimum Requirements</b></H2> </div><div><p><strong>Qualifications</strong><br>• Compulsory: LLB / BCom Law / Bcom Risk <br>• Postgraduate qualification (advantageous, e.g. Risk Management or Compliance)<br>• Registered FAIS Compliance Officer Category </p> <p> </p> <p><strong>Experience</strong><br>• 8–10 years’ experience in compliance and/or risk within financial services (insurance preferred)<br>• Experience engaging with regulators (e.g. FSCA)<br>• Proven track record in leading compliance or risk functions<br>• Experience in governance forums and board level reporting</p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Knowledge and Skills</b></H2> </div><div><div>Compliance advice, training and documentation reviews</div><div>Compliance and legal projects management</div><div>Risk Management</div><div>Coaching and mentoring of less experienced compliance employees</div><div>Regulatory compliance reporting and monitoring</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Personal Attributes</b></H2> </div><div><div>Business insight - Contributing through others</div><div>Builds networks - Contributing through others</div><div>Manages complexity - Contributing through others</div><div>Persuades - Contributing through others</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Core Competencies</b></H2> </div><div><div>Cultivates innovation - Contributing through others</div><div>Customer focus - Contributing through others</div><div>Drives results - Contributing through others</div><div>Collaborates - Contributing through others</div><div>Being resilient - Contributing through others</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Turnaround time</b></H2> </div><div><p>The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. </p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Our commitment to transformation</b></H2> </div><div></div></div></div><p><span style="font-family:Verdana, Geneva, sans-serif;font-size:12.0pt"><span style="color:black;line-height:107%">At MiWay we believe in cultivating a positive and dynamic working environment that gives you freedom and opportunity to succeed. MiWay is committed to transformation and embracing diversity. This is what drives us to achieve a multicultural workplace with employment equity as a key goal to create an inclusive workforce, reflective of the demographics of our society. </span></span></p>