Head of Group Compliance Assurance, Governance & Transformation at Letshego Group

Main Purpose (Why does the exist)

• To develop and implement the transformation program of the Group’s Compliance, Governance and Assurance strategy to drive operational change, Governance & Assurance process improvement and optimisation to enable achievement of the Group’s transformation & digitization strategy at the Group and subsidiary levels.

Critical Deliverables /Core Accountabilities and Responsibilities

• Develops and oversees the implementation of compliance management frameworks, policies, and
• training curriculum.
• Recommends and implements cost effective compliance management systems.
• Conducts and oversees regular monitoring of compliance with legislation, policies procedures and controls.
• Prepares regular compliance reports for management, and other Committees.
• Conducts monitoring of key compliance controls at Group level and across the subsidiaries and develops and executes RCSA.
• Advises the business on all compliance and regulatory matters that affect the organisation
• Reviews and comments on proposed legislation and ensure that the impact is understood by the business.
• Ensures staff awareness of industry and organisation regulations.
• Coordinates regular reviews of controls and procedures to ensure relevance.
• Researches relevant regulatory issues affecting the organisation within the financial services industry to streamline activities to remain compliant.
• Provides information and support for the preparation of financial reports and budgets.

Key Performance Indicators

• Compliance to local and international laws/standards pertaining to Compliance with local and international laws/standards pertaining to AML, Conflicts of Interests, Conduct, and Employee Compliance.
• Compliance to regulation to ensure that the Group continuously managed its regulatory and supervisory risks.
• Compliance culture and prudent risk management across the organisation.