Permanent position situated in Bellville or Bloemfontein or Pretoria.Your Formal EducationRelated degree (LLB, Bachelors in Law, Finance, Economics, Business Management or related fields).RE1Registered Phase 1 Compliance Officer with the FSCARE3 and/or Certificate in Compliance Management (advantageous)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). Bilingual (fluent in English and Afrikaans).PeopleTraining 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.ProcessesRegulatory 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 matters by attending webinars and reading newsletters; Attend regular compliance meetings as required; Attend to general compliance queries from advisors as well as other departments within the company and escalate where necessary.Desired SkillsComplianceLegislative knowledgeDiscretionary financial services
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