COMPLIANCE OFFICER – NEW AND EXCITING ROLE IN A HIGHLY SUCCESSFUL FS BUSINESS -REF8482

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R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS to attract and entice

Our client is an advice-led investment business for the discerning investor. They offer one point of contact for all your advice and investment needs. They are not simply one formidable business. They are the consolidation of several established businesses into a powerhouse of expertise, resources and world-class research.

Our client is the 2018 No 1 Top Employer in South Africa and Ghana and remains the Industry Leader in Financial Services and Insurance. They have also been certified as a Top Employer in all the 13 countries across the African continent. They  are rooted in their  purpose of “Enabling Positive Futures” and believe that a great customer experience is anchored in a great employee experience. They strive to enable our employees to Unleash Their Greatness through a Great Career, at a Great Global Company, with Great Leaders, in a Great Culture with Great Rewards and Recognition.

The candidate will be the registered compliance officer for two divisions of the listed entity.

The primary responsibility will be the LISP/platform business. OMIS:

  • The business is a category III licenced Financial Services Provider, registered in terms of FAIS.
  • It  is one of the largest LISPs within the Republic of South Africa;
  • The Platform is a key entity within the Group, given that several of the group’s products are available on the platform, to planners/ brokers, which enables these to service their direct clients.
  • The platform is utilised by several of the business units within the Group.

There is also a life business.

  • The Compliance function supports the rapport the business has developed with the Prudential Authority. This will need to be maintained until the book has been transferred and the entity is closed down.

They now seek a compliance officer who is a dynamic, go-getter individual who is client centric, goal-oriented and keen to grow in the expanding field of compliance, to join their compliance team.

JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:

  • You will be individually responsible for operating within a team, for establishing a compliance framework; including risk management and monitoring plan;
  • You will be required to embed compliance, directly and / or through staff .
  • You will be required to establish compliance within area by implementation of compliance risk management and monitoring plans;
  • You will be required to perform compliance monitoring in accordance with relevant compliance plans;
  • You will be required to facilitate resolution of compliance breaches and assists in mitigation of regulatory risk;
  • You will be required to report on compliance breaches to line management and senior compliance officer / compliance executive;
  • You will be required to support the business in implementing new regulatory developments;
  • You will be required to be a registered compliance officer (with the financial sector conduct authority) for financial services provider Cat III;
  • Compliance:
    • You will be individually responsible for establishing a compliance framework, including risk management and monitoring plan; You will be required to embed compliance, directly and / or through staff; You will be required to initiate and facilitate corrective action where required;
    • You will be required to assist senior management with the effective co-ordination and execution of the monitoring and reporting requirements for the functional area;
    • You will be required to assist in mitigation of compliance risk;
    • You will be required to challenge and escalate (within the defined escalation framework) where deemed appropriate;
    • You will be required to facilitates resolution of compliance breaches;
    • You will be required to influence on account of outputs is limited to specific assigned functional area;
    • You will be required to report on compliance breaches to line management and senior compliance officer / compliance executive;
    • You will be required to utilise relevant legislation and in all probability, the impact of the legislation on the business unit / functional area;
  • Team effectiveness:
    • You will be required to demonstrate the adherence to core values;
    • You will be required to balance own priorities with directing and motivating others;
    • You will be required to create a climate for optimal performance;
    • You will be required to guide and direct staff to achieve operational excellence standards;
    • You will be individually responsible for time, tasks and output quality, ;
    • You will be required to manage performance;
    • You will be required to manage staff (e.g. assistant CO’s) operating in less complex business units or functional areas;
    • You will be required to plan & assign worko     You will be required to select potential staff to sustain customer/ client service delivery, where relevant.

 

CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:

  • You have honed collaboration skills;
  • You are able to put the customer first;
  • You have decisive execution skills;
  • You are innovative (perspective);
  • You are able to lead with influence;
  • You have personal mastery (learning) skills;
  • You are strategic.

CORE QUALIFICATIONS AND EXPERIENCE:

  • B.Com/B.Bus Science and the relevant compliance exams;
  • You have minimum 5 years current, relevant experience in financial services industry;
  • You are approved with the financial sector conduct authority as a compliance officer, for FSPIII.

New and exciting role. Significant responsibility for which you will be well rewarded!