Job Description

Business Unit:

Discovery Central Services

Function:

Compliance

Date:

11 Sept 2025
Discovery- Group Compliance

Monitoring Officer

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 officer is required to execute on the monitoring plan approved by the governing body, through evaluation of control activities to provide assurance that control activities are conducted in compliance with the highest compliance obligations.

Areas of responsibility may include but not limited to

1. Contribute towards the development of monitoring plans to ensure compliance with amongst others FAIS and subordinate legislation, POPIA, EEA, etc.
2. Perform planned and adhoc monitoring reviews in line with Discovery's Monitoring Methodology, Guidelines and Standards aligned to best practice.
Be able to independently:
Document monitoring review scopes and draft engagement letters. Prepare working papers for compliance monitoring reviews. Identify, analyse, and document risks, controls, and processes. Identify the root-cause analysis of all monitoring outcomes. Compile reports, indicating outcomes of monitoring exercises and recommendations to senior management in the business. Communicate and follow up on identified risks, trends, and corrective actions to be taken by relevant stakeholders.

Education and Experience

Relevant undergraduate qualification e.g., LLB, BCom, BA, Audit and/or certification in Compliance Management. Must be able to interpret and apply legislation to varying business environments within financial services. 1-3 years' experience in compliance monitoring, Internal audit, or assurance in financial services. Must be able to analyse data and interpret results. 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 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.