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
