Positions

COMPLIANCE MANAGER – MANAGE A TEAM OF TWO SPECIALISTS – REF9641

9641//Cape Town//

R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS

Our client who has been established in South Africa and investing on behalf of clients and has grown to become one of Africa’s largest investment management companies. This company is an investment management firm focussed on building long-term wealth for their clients. The company’s primary goal is to achieve long term wealth creation for its clients.

They now seek a compliance manager to join their team. You will report to the head of compliance and work closely with the head of compliance, managing a small team in the Cape Town office.

 

JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:

  • You will be required to focus on anti-money laundering, CRS and FATCA compliance;
  • You will be required to be part of the overall assurance team who work across the company enterprise, specifically in the compliance team. There is high engagement with senior stakeholders, advising on, monitoring and reporting compliance related issues to the business and the relevant board committees and boards where applicable;
  • You will be required to function as the money-laundering reporting officer for the company across the South African and Bermuda entities;
  • You will be required to ensure compliance with local and international financial crime regulations including AML, CFT, sanctions, anti-bribery laws within the South African and applicable foreign regulatory landscape working closely with key stakeholders across the company;
  • You will be required to provide expert advisory to the business on compliance risks and obligations to ensure alignment with FSCA, PA and FIC expectations;
  • You will be responsible for being advisory on CRS and FACTA compliance across the relevant business areas;
  • You will be required to lead a small team, overseeing and driving deliverables and development of the team;
  • You will be required to maintain and update the RMCP where necessary;
  • You will be responsible for drafting, maintaining and enhancing compliance monitoring plans (“CMPs”);
  • You will be responsible for determining the amount, frequency and type of monitoring needed to satisfy the CMP’s;
  • You will be required to draft, maintain and enhance compliance risk management plans relevant to AML, CRS and FATCA;
  • You will be responsible for monitoring of relevant legislation/ internal rules and / or policies impacting the business, including wider legislative, regulatory, company and industry standards and pro-actively assists the business in implementing new and / or amended regulatory requirements;
  • You will be required to draft and submit status, committee and / or board reports;
  • You will be required to track instances of non-compliance and liaise with responsible person(s) to ensure agreed action plans are implemented;
  • You will be responsible for interacting with regulators, industry bodies and internal / external stakeholders;
  • You will be required to review the training register to check whether comprehensive training programs have been implemented and whether all the relevant personnel have been trained;
  • You will be responsible for active participation in consultative and lobbying structures regarding legislative and regulatory developments;
  • You will be responsible for the completion and/or maintenance of regulatory universe;
  • You will be required to cultivate constructive relationships which results in the business proactively seeking compliance involvement.

 

CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:

  • You have effective stakeholder management; negotiation and influencing skills;
  • You have good management and leadership ability;
  • You have strong analytical, investigative, problem solving and probing skills;
  • You have solid report-writing skills and presentation skills;
  • You have excellent interpersonal and communication (verbal and written) skills in English, including communicating effectively with colleagues and external parties (clients, regulators and industry bodies);
  • You are methodical, thorough and have a keen eye for detail;
  • You are passionate, dynamic, proactive and driven;
  • You are impartial and challenging (independent minded);
  • You have good ethical judgement;
  • You have excellent emotional intelligence;
  • You are ambitious and avid learner;
  • You have the ability to work efficiently without close supervision.;
  • You are a team player;
  • You are adaptable and resilient;
  • You are self-motivated, organised and deadline driven.

 

CORE QUALIFICATIONS AND EXPERIENCE:

  • You have a legal and / or commercial undergrad and post-graduate degree;
  • You have a minimum of 8 years current, relevant financial services experience, specifically investment management is preferable of which the past 5 years has been with a focus on anti-money laundering compliance with local and international financial crime regulations including AML, CFT, sanctions and anti-bribery laws;
  • You have hands-on knowledge of and experience with CRS and FACTA – this would be a distinct advantage;
  • You are a compliance professional registered with the Compliance Institute of South Africa – this is preferred;
  • You have excellent Microsoft Office skills – MS Outlook, Word, Excel, Visio, PowerPoint etc.;
  • You have proficient knowledge of the Financial Intelligence Centre Act, Guidance Notes and Public Compliance Communications (PCCs) issued by the FIC) and the ability to apply foreign AML legislation;
  • You have working knowledge of legislation relating to CRS and FATCA, Financial Advisory and Intermediary Services Act, Long-Term Insurance Act, Collective Investment Schemes Control Act, Protection of Personal Information Act and the Pension Funds Act – this is required.
    Wonderful company. Great, smart people work here.

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