Risk and Compliance Officer

SUMMARY:
Leading organisation within the "investments / insurance and financial services industry" requires a Risk and Compliance Officer for their JHB North branch.  This individual needs to have a minimum of 3 years ’ compliance experience in a risk or compliance role in a category I or II financial services
provider environment.

POSITION INFO:
The purpose of the Risk and Compliance Officer role is to implement, maintain and manage the
regulatory requirements within the business function in an efficient, impactful, relevant and sustainable manner.

Creation and updating of compliance risk management plans and the monitoring of compliance in terms
thereof. This applies to both the primary and secondary legislation applicable to the business
Implementing, maintaining and managing of a regulatory compliance management framework within the business in accordance with the overall risk management framework and group requirements
Creating, implementing and maintaining processes to meet regulatory requirements and mitigate the identified compliance risks within the business
Maintaining a compliance culture within the business
Analysis of legislation and application thereof and advising business on regulatory changes which may impact compliance management within the business
Establishing and maintaining relationships with internal and external stakeholders
Assisting business in creating processes to mitigate the identified compliance risks within the business. (With a focus of FICA)
Assist in drafting and implementation of compliance policies
Assist in drafting, implementing & managing annual compliance management plan
Complaint investigation
Administrative duties related to the above

Qualifications
Relevant degree (preferably a law degree) (required)
Computer literate and must be proficient in MS Office (required)
Post graduate compliance or risk management qualification (advantageous)
CISA CPrac or CProf Designation (advantageous)

Knowledge and Experience

Minimum of 3 years’ compliance experience in a risk or compliance role in a category I or II financial services
provider environment
Understanding of the financial services industry, specifically advisory
Knowledge of the requirements, implementation, application and monitoring of FAIS, FICA and TCF (Specifically, FICA)
Knowledge and understanding of legal principles and ability to interpret legislation
Knowledge and understanding of compliance risk management principles
Knowledge and understanding of the Financial Services Industry

Advantageous:

Knowledge of other legislation applicable to the business, e.g. Collective Investment Schemes Control Act, Companies Act, employment law
Knowledge of broader risk management and regulatory matters
Compliance experience in a category II environment