Compliance Officer (8853) at Allan Gray Proprietary Limited

Job Summary

• The successful applicant will be part of the group’s Compliance Team and will be responsible for engaging with stakeholders, monitoring and reporting compliance related issues to the business and the relevant Board committees and Boards where applicable. 
• The role requires strong regulatory compliance experience with solid knowledge and understanding of the Insurance Act, Long-Term Insurance Act and Collective Investment Schemes Control Act including any and all subordinate legislation. The successful applicant may be required to apply themselves to other applicable legislation.
• The role will report to and work closely with the Compliance Manager within Compliance. 

Job Responsibilities

Key focus areas:

• Implement the Allan Gray core Compliance Principles, frameworks and processes.
• Identifying, assessing, managing, monitoring and reporting compliance risk and developing and maintaining the regulatory Universe, the relevant compliance risk management and monitoring plans.
• Monitoring of relevant legislation/ internal rules and/ or policies impacting the business, including wider legislative, regulatory, company and industry standards, and pro-actively assists the business in implementing new and/or amended regulatory requirements.
• Providing advisory services in the review of policies/frameworks to ensure alignment to applicable legislation.
• Draft and submit status, committee and/ or board reports.
• Track instances of non-compliance and liaise with responsible person(s) to ensure agreed action plans are implemented.
• Interacting with regulators, industry bodies and internal/ external stakeholders.
• Contribute to the creation of a compliance culture, training and awareness withing the various business units which results in the Business proactively seeking Compliance involvement.
• Developing and training  less tenured Compliance Officers. 

Personal Attributes / Core Competencies

• Excellent understanding of an ability to implement Compliance Governance.
• Effective negotiation and influencing skills.
• Good management and leadership ability.
• Strong analytical, investigative, problem solving and probing skills.
• Solid report-writing skills and presentation skills.
• Excellent communication and interpersonal skills, including communicating effectively with colleagues and external parties (clients, regulators and industry bodies).
• Methodical, thorough and attentive to detail and structured work approach.
• Passionate, dynamic, proactive and driven.
• Impartial and challenging (independent minded).
• Good ethical judgement.
• Excellent emotional intelligence.
• Ambitious and avid learner. 
• Ability to work efficiently without close supervision.

Education

• Legal and/or Commercial Degree with a good academic track record.
• Passed the applicable FSCA Regulatory Exams advantageous.

Work Experience

• A minimum of 3-5 years Compliance experience, specifically Investment Management.
• Relevant experience within the financial services industry, specifically relating to the operations of a CIS Manager and Long-Term Insurer. 
• Compliance Institute of South Africa certification will be advantageous