Business Unit Compliance Officer (C1)

The above-mentioned position is within the Alternative Distribution Support Department. RESPONSIBILITIES INCLUDE:Assist with the implementation and maintenance of the Compliance Risk Management process within the confines of the Alternative Distribution business unit.Monitor the applicable legislative and statutory requirements for the business unit.Review the Call Centre scripts in line with legislative compliance requirements.Recommend to the Manager, adjustments in line with legislation compliance requirements for Alternative Distribution.Review broker contracting and accreditation processes on a weekly to monthly basis to ensure fraud risk is addressed by recommending solutions to the manager that will eliminate and manage the risks.Train:oBroker Area Managers and Broker Consultants on applicable legislation and fraud prevention best practices.oArea Managers on Key Individual responsibilities and develop a quarterly review plan and dashboard for the Managers to use to assess broker quality management.Check that the proposed new Group Schemes comply with applicable legislation check list and report findings to the Manager.Recommend compliance controls in the Broker Area Offices and Group Scheme Offices after which the controls will be monitored on a monthly basis.Report breaches of legislation to the Manager for appropriate action.Support Area Managers in the specific business units in relation to new broker contracting, new business applications processing and quality management.Provide support to Broker Consultants managing sole proprietor brokerages with compliance related matters.