COMPLIANCE OFFICER

SUMMARY:
COMPLIANCE OFFICER - Century City, Cape Town, Western Cape R400 - R450K Gross Per Month plus Bene

POSITION INFO:

COMPLIANCE OFFICER – Century City, Cape Town, Western Cape

R400 – R450K Gross Per Month plus Benefits (Negotiable based on Qualification and Years of relevant experience)

Our Client, a Global Financial Services concern is seeking a dynamic Compliance Officer to join their team of professionals.

One would describe you as being a highly organised, hands-on individual strong ability to prioritize multiple projects and deadlines.

You are a strong communicator who places particular emphasis on accuracy and attention to detail.  Further to this you have excellent judgement, interpersonal and decision-making skills as well as the ability to build strong stakeholder relationships.

Job Purpose:

Ensure that the organization adheres to all relevant regulations, laws, and industry standards.

You will develop, implement, and oversee comprehensive compliance programs to mitigate risks and promote ethical conduct within the company. Through continuous monitoring and assessment, you will identify and address potential compliance issues, providing guidance to the leadership team to maintain a culture of compliance. You will collaborate with various departments to educate and train employees on compliance requirements. Your commitment to upholding the highest ethical standards will contribute to the integrity and reputation of the company.

Minimum Requirements:

• Registered Compliance Officer with the FSCA
• 5+ Years’ experience in a compliance role and within the financial services or investment arena
• Senior Certificate, Compliance Officer (recognized qualification)
• Certifications: First Level Regulatory Exam for Representatives (RE5)
• First Level Regulatory Exam for Key Individuals (RE1)
• Proven leadership skills gained with a clear understanding of both local and offshore compliance requirements for South African investors
• Good understanding of the South African and offshore compliance framework or risk management
• Legal business contract drafting and amendments
• Good and proven proficiency on MS Office Suite

Key Responsibilities:

• Assuring compliance with the FSCA (Financial Service Conduct Authority) is always adhered to through close collaboration with stakeholders, key individuals, and external compliance officers
• To identify and brief key individuals and exco on all forthcoming regulation changes and impacts on the business
• Liaison with external compliance consultants
• Preparation of board packs and compliance reports every quarter
• Due Diligence and review of third-party contracts including terms of business with various providers
• Ongoing compliance monitoring and onboarding checks of all advisory staff, fit and proper competency checks according to FSCA regulations
• Audit support - Provision of compliance requirements for internal and external audits
• Oversight of the compliance team responsible for all onboarding and compliance checks of all cases within the company, and review of case escalations
• Implementation and oversight of all aspects of anti-money laundering (AML) systems, including monitoring effectiveness and enhancing the controls and procedures where necessary
• Leading and executing a risk-based AML compliance program to ensure ongoing compliance with statutory and regulatory requirements

• Regular risk assessments and updates to Risk Management and Compliance Policy: such as identifying potential compliance risk and actively advising management to implement proper compliance program to address any potential regulatory problems
• Implement, regularly review, and update all policies and procedures to ensure accuracy and compliance with regulatory changes such as the Treating Clients Fairly, Risk Management Policy
• Complaints management
• Establish a culture of compliance by training all staff accordingly
• Monitor industry trends and developments and plan for potential changes
• Support company secretary on agreements and license applications/renewals where required

To apply for this role, please forward a detailed copy of your CV to Nicole Spamers: