Compliance Officer at Barclays Africa Group Limited

Job description

Overview of role :

To form part of the Compliance Team that interacts with the Wealth and Investment Management business,

ensuring that the relevant regulatory framework and company policy is implemented by business, that the

compliance culture is embedded in business to robustly manage regulatory and reputational risks

This position reports to the Head of Compliance - Wealth and Investment

Management

• The role requires close interaction with senior members of the front office and  infrastructure.
• Assisting the department to formulate, update and implement control procedures
• and policies that will ensure adequate risk management to enable business; compilation of training material and training of relevant staff; adequately
• monitoring instances of non-compliance with the company’s policies and procedures and generally establishing a compliance culture and creating an awareness of compliance through interaction with business.
• Liaise with applicable regulators such as the SARB, FSB, and NCR depending on the  allocated cluster.
• Participate in industry-related initiatives and establish networks with key role players.
• Serve as Absa nominated member of industry committees such as BASA subcommittee  and other committees relevant to allocated cluster as requested by Head of WIM Compliance.
• Participate in Barclays committees as required by management

Education and Experience:

• 8 years compliance experience, 3 of which must be in management level role within an asset management environment ( Wealth and Investment management portfolio)
• Registered Compliance officer and FAIS registered: CAT I and CAT II certification (Category)

Relevant degree or other relevant tertiary qualifications;

• Proven Advisory compliance experience in a top flight asset management and
• Wealth Management environment – minimum at least 3 to 5 years
• Strong regulatory knowledge in respect of Consumer Protection legislation (FAIS,
• CISCA, SSA, CPA, NCA) as well as Financial Services legislation.
• Proven experience in Conflicts Clearance and Research Approval
• Experience in compliance advisory in respect of banking products and investment products
• Experience in managing relationships with SA regulators and industry bodies
• Experience in developing compliance related policies, risk management plans,  assessing and qualifying risks, implementing procedures and controls to mitigate risks, training, monitoring and review.