COMPLIANCE OFFICER - WEALTH

SUMMARY:
This role is pivotal in developing, implementing, and managing compliance programs.

POSITION INFO:

Permanent position situated in Bellville or Bloemfontein or Pretoria.

Your formal education:

• Related degree (LLB, Bachelors in Law, Finance, Economics, Business Management or related fields).
• RE1
• Registered Phase 1 Compliance Officer with the FSCA
• RE3 and/or Certificate in Compliance Management (advantageous)

together with 3-5 years’ related experience in a compliance function in the financial services with working knowledge of investments, health benefits, non-life (short-term) insurance and long-term insurance (being an advantage) together with being bilingual (fluent in English and Afrikaans)

will enable you to:

People:

• Training and Education:
  • Ensuring that all employees understand the compliance policies and relevant laws and regulations. This includes developing and delivering training programs on compliance-related topics.
• Communication:
  • Acting as the point of contact for compliance-related questions and building strong relationships with financial advisors. Providing clear and accessible guidance to employees and financial advisors on compliance matters.
• Fostering a Compliance Culture:
  • Promoting a culture of compliance and ethical behavior within Company.

Processes:

• Regulatory Risk Management support:
  • Develop and implement a compliance coverage plan based on the approved regulatory framework;
  • Implement all necessary actions as per the compliance plan to ensure achievement of the compliance plan objectives;
  • Assist the Compliance Manager in the maintenance of compliance policies, procedures and other compliance documentation.
• Licensing and profile changes:
  • Ensure that license profile changes are submitted timeously to the Regulator.
• Monitoring:
  • Conduct monitoring as per the agreed compliance coverage plan;
  • Monitor and or maintain all compliance registers;
  • Compile a monthly file monitoring schedule as per the monitoring plan and report findings to the Compliance Manager;
  • Liaise with internal departments, co-ordinate meetings with line managers and provide monitoring feedback to financial advisors.;
  • Conduct branch monitoring;
  • Review internal monitoring process and results, identify trends and risks for Company;
  • Escalate high risk findings to the Compliance Manager immediately.
• Ad hoc support for Compliance projects:
  • Assist the Compliance Manager with any compliance project.
• Reporting:
  • Assist Compliance Manager to compile internal compliance reports on all compliance activities, compliance risks;
  • Assist with reporting to the regulator and other industry bodies.
• Recordkeeping:
  • Store all compliance records securely in a manner that allows for easy retrieval on SharePoint;
  • Correct naming conventions must be adhered to when documents are stored on SharePoint;
  • Maintain compliance documentation on the intranet.
• Training and Awareness:
  • Assist Compliance Manager with compliance training and awareness initiatives.
• General:
  • Stay abreast of regulatory matter by attending webinars en reading newsletters;
  • Attend regular compliance meetings as required.
  • Attend to general compliance queries from advisors as well as other departments within the company and escalating where necessary.

NB! This job is now closed. You can apply for other jobs by uploading your CV.