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.
T raining and Awareness: Assist Compliance Manager with compliance training and awareness initiatives.
G eneral: 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.
