R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
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 and work closely with the head of compliance, managing a small team in Cape Town. The team are in office four days a week.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be responsible for ensuring the organization’s adherence to applicable legislation and regulatory requirements, with primary focus on anti-money laundering, CRS, FATCA compliance and data protection;
- You will be required to be part of the compliance team within the assurance function. 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 global 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 Information Regulato rand FIC expectations;
- You will be required to monitor and interpret legislation and regulatory changes related to AML, Data Protection, FATCA / CRS in the main and advise relevant business areas accordingly;
- You will be required to pro-actively assist the business in implementing new and / or amended regulatory requirements.
- 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 including, but not limited to, relevant to AML, CRS, FATCA and data protection legislation;
- 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;
- 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 degree (preferably with articles) and / or commercial undergraduate 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 and data protection legislation, together with practical application thereof – 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 (PCC’s) issued by the FIC) and the ability to apply foreign AML legislation;
- You have working knowledge of legislation relating to CRS, FATCA and POPIA – this is required;
- You have exposure to FAIS, Long-Term Insurance Act, Insurance Act, CISCA and the Pension Funds Act – this would be a distinct advantage.
Your expert skills will be thoroughly showcased here and you will be well rewarded on salary and bonus – as well as working with a premier investment company.