Assistant Compliance Officer at Maitland

An opportunity has arisen to appoint an Assistant Compliance Officer.

Summary of the position

The Assistant Compliance Officer will assist the Compliance team and staff members in discharging their responsibility to comply with applicable legislative and regulatory requirements through the provision of compliance services and to identify, assess, manage, monitor and report regulatory compliance risks facing the organisation.

Outline of main duties and responsibilities

• Assist in the effective implementation of the Compliance Monitoring programme and undertake all aspects of monitoring activities;
• Track non-compliant findings with respective business unit function managers until resolved;
• Assist in monitoring the efficiency and consistency of compliance controls and assist with the enhancement of procedures and controls;
• Assist in actively managing the mitigation of compliance breaches;
• Assist in maintain appropriate written procedures to ensure compliance with applicable legislation, regulations and group policies, and to monitor adherence to such procedures;
• Assist with the preparation of training material and deliver training in compliance with regulatory obligations and business procedures;
• Assist in the preparation of compliance reports to management and various committees and governance structures within the group;
• Assist in the preparation of reports to regulatory authorities;
• Assist with monitoring changes in relevant legal requirements and other regulatory developments which may impact on the company and advise the Directors on their implications;
• Provide assistance to the Compliance team on the regulatory implications of new business areas and new products.

Education

Skills and experience required

• Degree level qualification, or equivalent, ideally in Business, Finance, Law or Compliance and Risk Management;

Experience

• 1-2 years relevant work experience in Compliance is preferable;

Skills

• Knowledge of FAIS, FICA and knowledge of the South African Regulatory Environment in the Financial services sector;
• Well organized with the ability to work autonomously and deal with busy workload;
• Self-motivated and able to use initiative with a strong hands-on approach;
• A discreet and confidential manner with confidence, persuasiveness and the ability to motivate colleagues;
• Good clear and concise written and verbal skills;
• The ability to communicate with staff at all levels of the business.

Learning And Development

• Personal development plan will be agreed on an annual basis;
• Self learning;
• Attendance to internal training including webinars, workshops and workgroups as may be required;
• Attendance at external seminars and training events as may be required.

Reporting structure

The Assistant Compliance Officer will report to the Team Leader – Compliance in Cape Town.

Remuneration level

Remuneration will be market related and commensurate with experience and seniority. In addition, the successful candidate will receive a competitive benefits package.