Position: Compliance Specialist
Location: Lynnwood, Pretoria
Do you have an unwavering attention to detail and an eye for spotting discrepancies? Are you well versed in managing, overseeing, and monitoring Financial Advisory and Intermediary Services (FAIS) compliance? Are you fantastic at evaluation and coaching where required? Raise your hand because
WE'RE HIRING!
It's our mission to unleash the potential in our team, and we know that teams perform best when they are diverse and each individual feels that they belong. That's why we want you to join us as a Compliance Officer. This role plays an integral part in our team, as you will be the custodian of Company compliance and help ensure risk is mitigated within the Financial Services Provider space.
What can we offer you? Some of our benefits include:
Modern fit-for-purpose people practices.
Working in a state-of-the-art tech building that includes access to an on-site gym.
Two on-site restaurants offering a variety of lunchtime dishes and freshly brewed coffee.
Great, so who is a good fit?
A specialist with high attention to detail and the ability to ensure FAIS and FICA compliance is met. The position is suitable for someone who understands the Financial services industry as a whole, as well as the processes within an FSP environment. The ideal candidate will have excellent verbal and written communication skills and the ability to provide feedback and coaching where needed.
Key duties and responsibilities:
Implement and enforce the Business' compliance programmes.
Maintain awareness of regulatory framework and specific obligations within the FAIS Act.
Consult with Operational managers to ensure conformance with applicable laws and regulations.
Manage, oversee, and monitor FAIS compliance to ensure that representatives comply with all financial soundness requirements.
Perform statistical sampling and monitoring.
Maintain register of representatives and inform Registrar of any changes.
Control Anti-Money Laundering and FATCA regulations.
Analyse received documents and interact with the Office Manager.
Ensure compliance with ongoing statutory regulatory requirements.
Monitor and validate investor files, provide technical support, and update operational procedures.
Develop, initiate, maintain, and revise policies and procedures for regulatory compliance.
Identify potential areas of compliance vulnerability and develop corrective action plans.
Provide Compliance reports to Management.
Ensure effective risk management and internal control for area of responsibility.
Skills and attributes required:
Ability to apply self-confidence and self-regulation.
Trustworthiness and conscientiousness.
Loyalty toward the organisation.
Commitment to organisational goals.
Ability to apply assertiveness.
Attention to detail.
Controlled decision-making process.
Confidentiality and time management.
Planning and scheduling workability.
Listening and organising ability.
Professional communication skills.
Flexibility in work dealings.
Enthusiasm for learning and self-improvement.
Ability to work accurately and effectively in a pressurized environment.
Unrivalled analytic ability.
Accountability and teamwork.
Qualifications and Experience requirements:
Computer literate with knowledge of Excel, Word, and MS Suite.
Completed Senior Certificate (Matric).
Meeting the requirements to be registered as a Compliance Officer with the FSCA is advantageous.
3-6 years' experience as a Compliance Officer in the Financial Services Industry.
Thorough understanding of compliance risk management and regulatory requirements.
Registered with the FSCA, non-negotiable.
Degree in Compliance / Legal or a similar field.
Ability to communicate effectively in English and Afrikaans.
Ability to work long hours when required.
Job Type: Full-time
Pay: R35000,00 - R40000,00 per month
Application Question:
Are you Registered with the FSCA?
Experience:
Compliance Specialist: 3 years (Required)
License/Certification:
Compliance qualification (Required)
RE5 and RE1 (Preferred)
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