Job Description

Your formal education:

• LLB or B.Com Law;
• Certificate in Compliance Management;
• FSCA FAIS approved as a Compliance Officer for Category II Financial Services Providers;
• RE 1 and RE3 certificates

together with 3-5 years compliance risk management experience in the discretionary financial services industry (asset management) as well as working knowledge of Cat III administrative FSPs will be an advantage and will enable you to:

People:

• Keep senior management informed of the operation and progress of compliance efforts and objectively highlight potential risk areas and/or compliance violations.
• Maintain relationships with the business areas, internal and external audit and other related compliance risk management functions.

Processes: Compliance

• Oversee and manage compliance with FAIS, FICA, POPIA and other relevant legislation across the discretionary financial services providers, ensuring that it complies with regulatory requirements as well as internal Group policies.
• Implement and manage effective compliance risk management plan, that includes risk identification, assessment, monitoring, risk mitigation and reporting.
• Maintain, optimize and implement sustainable compliance procedures and controls to ensure a continued high level of compliance.
• Implement all necessary actions as per the compliance plan to ensure achievement of the compliance plan objectives.
• Submit formal compliance returns to relevant Regulatory Authorities as and when required.
• Submit internal reports on all compliance activities, compliance risks and breaches to the Group Chief Compliance Officer and Managing Director of the entity.
• Report violations or potential violations to Regulatory Authorities as and when required.
• Stay abreast of legislative developments and implement recommendations as per the Group compliance standards.
• Provide advice, awareness and training to the business units and its employees on specific provisions of the applicable Acts and communicate new regulatory requirements and risks via training and communication initiatives.
• Support and guide business decision-making by providing compliance risk input.
• Assist with preparations for and attendance at Regulatory onsite visits.
• Monitor and report on complaints received by the business units.
• Provide general assistance to the Group Chief Compliance Officer, when requested.
• Maintain fit and proper status to remain a registered Compliance Officer with the FSCA.
• Ad hoc compliance projects.
• Compliance training and awareness.
• Due diligence.

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