Job Description

Matric is essential
Relevant degree (candidates without a relevant degree with extensive compliance experience may be considered).
Experience in Compliance within the Financial Services Industry is essential
Experience in Financial Planning would be an advantage (Certified Financial Planner would be a benefit) but not a pre-requisite
Computer skills and must be proficient in MS Office.
Excellent verbal and written communications skills
Proactive and able to take ownership and accountability
Attention to detail
Ability to learn and adapt quickly
Analytical skills and the ability to work in a methodical and organised manner
Ability to work independently and under pressure
Deadline driven
Resourceful and takes initiative
Problem solving skills
Willingness to perform a wide variety of tasks and to continuously learn and improve
In-depth knowledge of the requirements, implementation and application of FAIS, Risk Based Approach towards Customer Due Diligence, and PoPIA rules and regulationsKnowledge and understanding of financial services

Advice Review:
Internal Review: in conjunction with the external compliance officers audit Partner Directed Advice cases and large deals against the advice questionnaires to ensure that all cases are compliant before commission is released to Partners
External Review: Manage external compliance officers and analyse compliance reports received from them
Give guidance (written and verbal) to Partners, Partner Operations Managers and Business Development Managers on how best to meet quality advice requirements to improve their compliance scores
Creating, implementing and maintaining processes to meet regulatory requirements and mitigate the identified advice risks within the business
Establishing and maintaining relationships with internal and external stakeholders.

Legislative & Regulatory Support
Maintain a compliance framework in collaboration with stakeholders (both internal and external)
Analysis of legislation and application thereof and advising business on regulatory changes which may impact compliance management within the business.
Assist in maintaining the competency register

Reporting:
Analyse all advice audit scores (internal and external) and reports received to determine where the risk in advice dispensed in the business is and report to the Key Individual Team on the outcomes and how this risk is managed
Identify potential compliance breaches and investigate compliance irregularities or areas of concern
Addressing regulatory compliance requirements related queries from within the business

Manage Advice Risk:
Implementation and monitoring of a Partner Compliance Dashboard to highlight elements of key risks identified
Participation in the Advice Risk Committee in formulating compliance procedures and focus areas to cover areas and / or themes of risk Monthly / quarterly reporting to the Key Individuals and relevant stakeholders
Manage Partner Monitoring team tasks (advice monitoring and Compliance Officer tasks) to ensure that risks identified are remediated by the Financial Planning Partner. Engaging with the respective Partner Operations Managers and / or Business Development Manager should the need arise..

Approved Advice Specialist:
Proactively research and gain in-deptht knowledge of the approved advice tool and solutions to engage and guide Partners, Partner Operations Managers and Business Development Managers to drive higher approved advice adoption rates amongst Partners
Fulfil the central role in ensuring that the planning tools used by the Advisors meet all compliance and legislative requirements. establishing and maintaining relationships with relevant stakeholders in the business to ensure that planning tools are both effective and compliant

Administration
Maintain the compliance and procedure manuals and all artefacts published on the internal intranet for Advisor offices
Administrative duties related to all of the above.

ExecutivePlacements.com