Role Purpose

Implement the compliance strategy aligned to the compliance monitoring plan to assist the business in honoring their responsibility to comply with applicable regulatory requirements through directing the compliance function through identification, assessing, managing, monitoring and report on regulatory compliance risks facing the organisation.

The position shall further provide assurance that company policies and procedures are being complied with and that the organisation meets the regulatory and company's own standards and ensure that compliance support is aligned to business strategy.

Responsibilities and work outputs

• Implement and manage an effective compliance program through the development and management of risk and compliance plans.
• Develop and review company policies including effective implementation of policies and guidelines
• Advise management on the company’s compliance with laws and regulations through detailed reports.
• Create and manage effective action plans in response to audit discoveries and compliance violations.
• Regularly audit company procedures, practices, and documents to identify possible weaknesses or risks.
• Tracking and monitoring of key risk indicators, controls and action plans.
• Assess company operations to determine compliance risk.
• Conduct research on compliance related topics
• Develop training materials and assist with training to ensure all employees are educated on the latest regulations and processes.
• Assist in compiling risk and compliance reports
• Collaborate with other leaders on cross-functional initiatives that focus on the mitigation of compliance risks.
• Work with external partners such as Internal Audit to endure the effectiveness of the compliance function
• Assist in innovate the Compliance program and function and identify improvements to existing processes and plans.
• Provide guidance to business and assist with implementation of compliance policies and projects.
• Drafting and compiling regulatory submissions.

 

Competencies

• Excellent organisational and administrative skills
• Excellent communication skills (verbal and written)
• Report writing skills
• Accountable, takes Ownership and Responsibility
• Attention to detail
• Negotiation skills and Problem-solving ability
• Strong People skills
• Ability to work independently and in a team environment
• Analytical thinker with investigative instinct
• Self-disciplined and self-motivated
• Stress Tolerance, tenacity and Resilience
• Professional approach
• Assertive and tactful with the ability to handle conflict
• Results driven

Experience and Qualifications

Qualifications:

• LLB, Legal or Compliance qualification.
• Successfully passed the Key Individual Regulatory Examination 1 as required by the FSCA for Licensed Compliance Officers
• Phase I Approved - Category I FAIS Licensed Compliance Officer would be advantageous
• Post Graduate Diploma in Compliance Management would be advantageous

Risk Qualifications will also be an advantage

Experience 

• At least 5 years’ Compliance experience in the financial services industry
• 2nd line compliance experience
  
  

Experience that will be advantageous:

• Combined assurance planning and execution
• 1st line compliance experience
• Regulatory Complaints Handling

Location

Centurion , JHB