At Vodacom Tanzania, we are dedicated to shaping a better future, fostering a world that is more connected, inclusive, and sustainable. Within our vibrant global community, it is the amalgamation of our human spirit and technology that empowers us to realize this vision.
Vacancy: Regulatory Compliance Specialist at Vodacom Tanzania Plc
1. Posting Country: Tanzania, United Republic of
2. Date Posted: 29 Feb 2024
3. Full Time / Part Time: Full Time
4. Contract Type: Permanent
5. Employer: Vodacom Tanzania
We thrive on challenges and innovation to connect people, businesses, and communities worldwide. Our commitment to delighting customers and earning their loyalty propels us forward, and we embrace experimentation, rapid learning, and collaborative achievement.
With us, you can genuinely be yourself, find a sense of belonging, share inspiration, explore new opportunities, flourish, and genuinely make a significant impact.
Role Purpose & Key Responsibilities
Role Purpose:
- To assist the Head of Risk & Compliance in ensuring compliance with industry specifications, standards, regulations, and laws, embedding a business risk management function to fulfill responsibilities related to compliance monitoring and assurance as mandated by relevant regulatory requirements, applicable codes of conduct, and minimum standards.
- To consistently monitor organizational compliance with laws and regulations, fostering the establishment of a compliance culture contributing to prudent risk management.
- Review operational practices, establish and enforce compliance plans, and engage in regulatory risk management to proactively identify potential areas of non-compliance, preventing regulatory fines or penalties.
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Key Accountabilities and Decision Ownership:
- Formulate a flexible annual monitoring plan using relevant input and coordinate planning within the compliance department and other assurance providers for efficient coverage of regulatory compliance risk.
- Execute Regulatory Compliance reviews aligned with the methodology, ensuring they are strategic, thematic, and structural, delivering the required level of assurance.
- Regularly follow up on issues raised in reviews to ensure successful resolution of remedial actions.
- Monitor, in conjunction with the combined assurance structure, the adherence to Compliance Governance, legal, and regulatory standards to identify areas for improvement and detect significant compliance breaches and exposures.
- Understand the business to effectively identify and manage risk areas from a monitoring perspective. Foster and maintain relationships with key assurance providers in the group and business.
- Stay updated on regulatory changes and developments in the regulatory environment.
Competencies, Knowledge, Experience, and Qualification:
- Self-motivated, professional, and capable of maintaining confidence under pressure.
- Strong interpersonal skills.
- Good analytical skills.
Legal or Audit qualifications.
- Comprehensive understanding of the telecom and financial sector statutory, regulatory, and business environment.
- Minimum 3 years in the Compliance or audit function in an international bank or telecommunication.
- Exposure to monitoring/auditing principles.
Not a perfect fit?
Concerned that you may not meet all the desired criteria exactly? At Vodafone, we are enthusiastic about Inclusion for All and creating a workplace where everyone can thrive, irrespective of their personal or professional background. If you’re excited about this role but your experience doesn’t align exactly with every part of the job description, we encourage you to apply as you may be the right candidate for this role or another, and our recruitment team can help you see how your skills fit in.
What’s in it for you:
Together we can:
Commitment from Vodacom:
Vodacom is committed to attracting, developing, and retaining the very best people by offering a flexible, motivating, and inclusive workplace in which talent is truly recognized, developed, and rewarded. We believe that diversity plays an important role in the success of our business, and we are committed to creating an inclusive work environment that respects, values, celebrates, and makes the most of people’s individual differences – we are not only multinational but multicultural too. At Vodacom, you will have access to our excellent flexible benefits program that you would expect from any global company.
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