Compliance Officer

SUMMARY:
Compliance Officer

POSITION INFO:

Position Overview 

Seeking a Compliance Officer to join a  team in ensuring adherence to regulatory requirements and internal policies across financial services operations. This role will focus on both South African and Barbados entities, providing compliance oversight and support while ensuring adherence to local and international regulatory requirements. 

A dynamic and flexible work environment with great exposure to local and international markets and clients. The team is dedicated to providing exceptional service and innovative solutions to a diverse client base, which includes both South African and global clients. 

The successful candidate will have exposure at a global level, working collaboratively with compliance teams across different jurisdictions and engaging with the Global Compliance Committee on key regulatory and governance matters. 

Key Responsibilities:

Regulatory Compliance & Monitoring 

• Ensure compliance with relevant financial regulations in South Africa and Barbados while considering broader global regulatory frameworks. 

• Monitor regulatory developments across multiple jurisdictions and assess their impact on the company’s policies and procedures. 

• Assist in the preparation and submission of regulatory reports to governing authorities in South Africa, Barbados, and other relevant jurisdictions. 

• Conduct periodic compliance risk assessments and implement necessary controls. 

Policy & Procedure Management 

• Develop, review, and update compliance policies and procedures to align with evolving global and local regulations. 

• Provide guidance to internal teams on regulatory requirements and best practices. 

• Ensure proper documentation and record-keeping of compliance-related matters across the South African and Barbados entities. 

Global Exposure & Compliance Committee Interaction 

• Engage with the Global Compliance Committee to discuss compliance initiatives, risk assessments, and regulatory changes. 

• Collaborate with compliance teams across various global offices to ensure a cohesive compliance approach. 

• Contribute to the development and implementation of global compliance strategies while ensuring local regulatory alignment. 

Advisory & Training 

• Act as a subject matter expert, advising internal stakeholders on compliance matters across South Africa and Barbados. 

• Conduct regular compliance training for employees to promote a strong culture of regulatory awareness. 

• Support teams in understanding and implementing regulatory frameworks in their workflows. 

Monitoring & Reporting 

• Conduct internal audits and reviews to identify potential compliance risks across the South African and Barbados entities. 

• Investigate and report compliance breaches, proposing corrective actions where necessary. 

• Maintain detailed records of compliance activities and provide reports to senior management and the Global Compliance Committee. 

AML & Financial Crime Prevention 

• Oversee the company’s Anti-Money Laundering (AML) program, ensuring compliance with relevant laws in both jurisdictions. 

• Perform ongoing monitoring of transactions for potential suspicious activity. 

• Coordinate with external regulators, auditors, and internal compliance teams on AML and compliance matters. 

Qualifications:

• Education: Bachelor’s degree in law, finance, business, or a related field (Additional compliance training/certification is preferred). 

• Knowledge: Strong understanding of financial regulations (e.g. FAIS, FMA, Global AML/CFT requirements, FATCA/CRS, MiFID, and equivalent) across multiple jurisdictions. 

• Technical Skills: Proficiency in compliance monitoring tools, regulatory reporting systems, and MS Office Suite. 

• Drafting Skills: Ability to update and develop company polices and documentation on an ongoing basis. 

• Interpersonal Skills: Strong communication and interpersonal skills to collaborate with teams across different global locations. 

• Detail-Oriented: Ability to identify regulatory risks and implement effective compliance strategies. 

• Problem-Solving: Analytical mindset with the ability to interpret regulations and apply them effectively to business operations. 

• Leadership skills: The ability to drive compliance and related projects independently. 

What We Offer 

• Exposure to both local and international markets and compliance functions. 

• Flexible work structure to support work-life balance. 

• Opportunity to work with a talented and dedicated team across multiple jurisdictions. 

• Interaction with the Global Compliance Committee and senior compliance professionals. 

• Continuous professional development and growth opportunities. 

• Competitive remuneration commensurate with skills and experience. 

• A genuinely unique opportunity to be part of an expanding global financial services business.