Compliance Administrator at Apex Group

Description

• The role will consist of supporting all the legal and regulatory compliance activities of the Boutique Collective Investments Manco. The Compliance Administrator will work alongside and support the local Compliance team and Head of Compliance to assist 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 organization.  

Job specification 

Regulatory Compliance duties:

• Supporting the effective implementation of the Compliance Monitoring program and undertake all aspects of monitoring activities as assigned by manager.
• Tracking non-compliant findings with respective business unit managers and portfolio managers until resolved.
• Monitor compliance with applicable regulations which includes but is not limited to CISCA, FAIS, FICA, POPIA, Reg 28 and the efficiency and consistency of compliance controls and assist with the enhancement of procedures and controls.
• Regulatory reporting and submission to the relevant regulators in terms of CISCA, SARB, Reg 28, ASISA, FIC
• Distribution of reports requested by investors and auditors
• Drafting of AML comfort letters and UBO confirmations for opening of offshore accounts
• Classification of instruments for Morningstar, SARB and ASISA reporting
• Support the establishment and maintenance of the group’s Anti Money Laundering policies, procedures, systems and controls in compliance with the Anti Money Laundering rules and all relevant legislation applicable.
• Monitoring screening, suspicious transactions and provide reporting and escalations as required.
• Undertaking projects such as those projects addressing new regulatory initiatives and the review of existing policies.
• Monitoring that a register of processing operations is maintained by the relevant entities.
• Monitoring data protection compliance within the entities and help the entities to be accountable in this respect.
• Monitoring that all affected entities have made the necessary data protection notifications, and comply with applicable legislation, group policies and procedures in connection with data protection obligations.
• Supporting the Information Officer and Deputies to cooperate with the local regulators (responding to their requests about investigations, complaint handling, inspections conducted by the local regulators, etc.)
• Ad-hoc compliance duties as assigned by the line manager. ​

Skills Required:

• Strong working knowledge of the South African financial service's regulatory framework.
• Discreet and confidential manner.
• Confidence and persuasiveness, with the ability to motivate colleagues and support the embedding of a positive compliance and risk management culture.
• Be well organized, with the ability to work autonomously and deal with a busy workload.
• Be prepared to get heavily involved in supporting the regulatory compliance function, investigating complex structures and considering appropriate KYC requirements and risk categorizations.
• Well, organized with the ability to work autonomously and deal with busy workload.
• Self-motivated, mature and able to use initiative.

Education and Experience

• Degree level qualification, or equivalent, ideally in Law or Compliance and Risk Management.
• Relevant work experience in the Financial Services Industry, preferably within a Collective Investment Scheme.