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).RE1Registered Phase 1 Compliance Officer with the FSCARE3 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.