Compliance officer: Marcha Wentworth
Marcha WentworthPhoto: Contributed

Compliance officer: Marcha Wentworth

A compliance officer is someone who ensures that a company or organisation is operating in compliance with all relevant regulations. There is a proactive element to being a compliance officer, which is understanding all regulations that are applicable to the company you work for and making sure that there are procedures in place to ensure compliance with said regulations.

According to compliance officer Marcha Wentworth, the reactive part of her job is that if an identified non-compliance has taken place, you have to take the necessary steps to report and prevent similar non-compliances from happening.

She added that most commonly, compliance officers either have a financial (accounting) or legal qualification. But it is a very dynamic profession, therefore gaining relevant experience is most vital to be a successful compliance officer.

Wentworth started her career as a trainee accountant at an audit firm in Windhoek, but during her articles, she made the decision to move to the advisory department in which she performed fraud and corruption investigations and internal audits. After performing multiple investigations across Africa, she decided it would be good for her career to get experience working abroad and moved to the Netherlands.

“My career in the Netherlands started at an audit firm, where I was introduced to financial crime projects. When I left the audit firm, I moved to a compliance officer position,” she said.

According to Wentworth, some of the skills a compliance officer requires to make a success of their career include integrity, good communication, analytical skills, attention to detail, problem-solving and a hunger to understand the unknown.

She added that there is definitely a market for young people in Namibia to pursue a career as a compliance officer because of the international interest that is being shown in the country.

Wentworth added that a stereotype associated with her job is that compliance officers "put the bad guys in prison", while this is not the case.

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 582.19/OZ UP +0.12% | Copper US$ 4.19/lb DOWN -0.0026 | Zinc US$ 2 919.80/T UP 0.11% | Brent Crude Oil US$ 72.53/BBP UP +0.72% | Platinum US$ 990.07/OZ DOWN -0.0048 | Sport results: Currie Cup: Vodacom Bulls 40 vs 40 Hollywoodbets Sharks XV | Fidelity ADT Lions 43 vs 34 Toyota Cheetahs XV Premier League: Wolves 1 vs 2 Newcastle | Tottenham Hotspur 0 vs 1 Arsenal | Bournemouth 0 vs 1 Chelsea | Aston Villa 3 vs 2 Everton | Manchester City 2 vs 1 Brentford | Liverpool 0 vs 1 Nottingham Forest | Fulham 1 vs 1 West Ham | Crystal Palace 2 vs 2 Leicester City | Brighton 0 vs 0 Ipswich Town | Southampton 0 vs 3 Manchester United LaLiga: Atletico Madrid 3 vs 0 Valencia | Las Palmas 2 vs 3 Athletic Club | Girona 1 vs 4 Barcelona | Celta Vigo 3 vs 1 Real Valladolid | Real Sociedad 0 vs 2 Real Madrid | Sevilla 1 vs 0 Getafe | Espanyol 3 vs 2 Deportivo Alaves | Mallorca 1 vs 2 Villarreal | Real Betis 2 vs 0 Leganés SerieA: Monza 1 vs 1 Inter Milan | Cagliari 0 vs 4 Napoli | Torino 0 vs 0 Lecce | Atalanta 3 vs 2 Fiorentina | Genoa 1 vs 1 AS Roma | AC Milan 4 vs 0 Venezia | Empoli 0 vs 0 Juventus | Como 2 vs 2 Bologna European Championships Qualifying: Portsmouth 0 vs 3 West Bromwich Albion | Watford 1 vs 1 Coventry City | Swansea City 1 vs 0 Norwich City | Sheffield Wednesday 1 vs 1 Queens Park Rangers | Plymouth Argyle 3 vs 2 Sunderland | Middlesbrough 1 vs 1 Preston North End | Derby County 1 vs 0 Cardiff City | Blackburn Rovers 3 vs 0 Bristol City | Oxford United 1 vs 0 Stoke City | Millwall FC 0 vs 1 Luton Town | Leeds United 0 vs 1 Burnley | Hull City 0 vs 2 Sheffield United English Championship: Portsmouth 0 vs 3 West Bromwich Albion | Watford 1 vs 1 Coventry City | Swansea City 1 vs 0 Norwich City | Sheffield Wednesday 1 vs 1 Queens Park Rangers | Plymouth Argyle 3 vs 2 Sunderland | Middlesbrough 1 vs 1 Preston North End | Derby County 1 vs 0 Cardiff City | Blackburn Rovers 3 vs 0 Bristol City | Oxford United 1 vs 0 Stoke City | Millwall FC 0 vs 1 Luton Town | Leeds United 0 vs 1 Burnley | Hull City 0 vs 2 Sheffield United Weather: Katima Mulilo: 22° | 40° Rundu: 20° | 40° Eenhana: 17° | 35° Oshakati: 17° | 35° Ruacana: 18° | 36° Tsumeb: 20° | 34° Otjiwarongo: 13° | 32° Omaruru: 10° | 31° Windhoek: 10° | 28° Gobabis: 10° | 29° Henties Bay: 12° | 16° Wind speed: 26km/h, Wind direction: S, Low tide: 12:42, High tide: 06:54, Low Tide: 01:25, High tide: 19:15 Swakopmund: 11° | 14° Wind speed: 33km/h, Wind direction: S, Low tide: 12:40, High tide: 06:52, Low Tide: 01:23, High tide: 19:13 Walvis Bay: 11° | 20° Wind speed: 36km/h, Wind direction: S, Low tide: 12:40, High tide: 06:51, Low Tide: 01:23, High tide: 19:12 Rehoboth: 8° | 26° Mariental: 11° | 27° Keetmanshoop: 11° | 26° Aranos: 10° | 28° Lüderitz: 10° | 22° Ariamsvlei: 11° | 27° Oranjemund: 11° | 17° Luanda: 21° | 22° Gaborone: 23° | 35° Lubumbashi: 16° | 38° Mbabane: 16° | 25° Maseru: 12° | 20° Antananarivo: 9° | 27° Lilongwe: 21° | 32° Maputo: 21° | 30° Windhoek: 10° | 28° Cape Town: 11° | 17° Durban: 18° | 23° Johannesburg: 17° | 28° Dar es Salaam: 24° | 29° Lusaka: 22° | 35° Harare: 19° | 31° Economic Indicators: Currency: GBP to NAD 23.17 | EUR to NAD 19.59 | CNY to NAD 2.48 | USD to NAD 17.64 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.17 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.53 | USD to AOA 926.34 | USD to BWP 13.26 | USD to EGP 48.39 | USD to KES 128.48 | USD to NGN 1645.13 | USD to ZAR 17.64 | USD to ZMW 26.3 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1786.9 Down -0.02% | Casablanca Stock Exchange (CSE) MASI 13998.92 Up +0.82% | Egyptian Exchange (EGX) 30 Index 30497.83 Up +0.04% | Botswana Stock Exchange (BSE) DCI 9625.57 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 582.19/OZ UP +0.12% | Copper US$ 4.19/lb DOWN -0.0026 | Zinc US$ 2 919.80/T UP 0.11% | Brent Crude Oil US$ 72.53/BBP UP +0.72% | Platinum US$ 990.07/OZ DOWN -0.0048 |