R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
Our client follows a disciplined investment approach to protect and grow the wealth of their clients through services such as portfolio management, investment advisory service, stockbroking, derivatives, tax & fiduciary and offshore investments. They employ over 400 people in total with 23 offices in the UK, Australia, Switzerland, the Cayman Islands and Mauritius. They are committed to excellence and as a result, place strong emphasis on client experience, investment performance and most importantly on developing their people creating both an inspirational and aspirational client centred work environment for their people.
The company crafts customised investment portfolios for high net worth private clients, charitable institutions, trusts and corporate entities. They offer a comprehensive and integrated suite of wealth management solutions. These include equity, retirement and offshore investment portfolios, fiduciary and tax services, an equity-backed finance offering, a global stockbroking service and derivatives trading. At the company, their clients are at the core of everything they do. For this reason, they employ people with passion – individuals who thrive in an entrepreneurial, high-energy environment. The company is part of the group, the largest, most diversified investment firm in South Africa, with a growing footprint on the African continent and in India.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be required to assist the head of compliance to establish and maintain a robust compliance function within the risk management framework of the business according to key regulations;
- You will be required to formulate, adapt, initiate, maintain and implement policies and procedures on various key regulations as required;
- You will be required to draft, maintain and enhance compliance risk monitoring plans (“CRMPs”), compliance monitoring plans (“CMPs”) and working papers (“WPs”) and determine the amount, frequency and type of monitoring needed to satisfy the CRMP’s, CMP’s and WP’s
- You will be required to incorporate new legislation into existing structure;
- You will be required to monitor compliance and adherence with rules, regulation, policies, procedures and limits and recommendations for any enhancements;
- You will be required to act as an independent reviewer to identify areas of potential vulnerability and risk and to develop or implement corrective action plans for resolution and proactively find business solutions as required;
- You will be required to develop and maintain systems and tools to support the compliance function;
- You will be required to ensure regulatory and compliance deadlines are met;
- You will be required to assist the head of compliance when liaising with regulators;
- You will be required to assist the head of compliance training of employees on compliance and new legislation;
- You will be required to assist the head of compliance to oversee junior compliance officers and compliance assistants in respect of certain regulatory tasks;
- You will be required to ad hoc tasks as required.
CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:
- You are assertive, self-motivated and have a strong achievement drive, committed to personal and organisational success;
- You have a mastery of time management, prioritising and planning is key in this role as a result of the diversity and complexity of the role;
- You have the ability to work independently with minimum oversight and a high regard for accountability;
- You have strong, proven analytical and logical thinking skills;
- You have excellent communication (verbal and written) skills and report writing skills;
- You have strong administrative and organisational skills with acute awareness and appreciation of accuracy, a keen eye for detail, demands and deadlines;
- You are proactive and a lateral thinker with a solutions-based approach when interpreting regulation;
- You have the ability to operate within a high-performance environment, resilient and pressure tolerant;
- You have sound independent decision / judgment making and reasoning under pressure;
- You have sound negotiation skills and ability to influence;
- You are able to operate at both a detailed and strategic level, with an ability to implement processes and frameworks;
- You have high ethical standards;
- You are truthful, honest, transparent (clear and direct but diplomatic) and dependable;
- You have the ability to learn quickly and think outside the box and be adaptable;
- You are friendly and professional, with a positive, enthusiastic attitude;
- You have outstanding numeracy skills;
- You have superb research and due diligence skills.
CORE QUALIFICATIONS AND EXPERIENCE:
- You have a B.Com (law) / LLB ;
- You have the FSCA RE exams and SAIFM compliance certification – this would be a distinct advantage;
- You have compliance experience in the stockbroking / asset management / private wealth / financial services industry;
- You have a solid understanding of financial markets and investments;
- You are capable of registration as a FAIS compliance officer and / or JSE equity compliance officer;
- You have a minimum of 5 – 7 years compliance related experience in the financial services industry;
- You have exposure to CAT I (direct and via intermediary services) and CAT II FSP businesses;
- You are a member of the Compliance Institute of Southern Africa – this would be a distinct advantageous;
- You have working knowledge and application experience of financial markets legislation is key;
- You have knowledge of key acts: FAIS (essential), JSE Equity Rules and Directives (- this is essential), FICA / AML, FATCA, POPIA, Regulation 28, SARB and NCA – this would be a distinct advantage;
- You have strong computer literacy skills in MS Office, exposure to co-pilot and other AI tools, FAIS E-Portal and JSE BDA system;
- You have a technical understanding of financial products and instruments required;
- You have system automation skills (innovative ideas on possibility to automate processes / procedures);
- You have the ability to understand broader business issues, to apply holistic insight and acumen in integration of processes;
- You have insight into applicability of AI and robotics in compliance environment – this would be a distinct advantage.
Meaty and interesting role- great team. Huge career prospects – the business is growing in leaps and bounds!