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Job Description

Individually accountable, operating within a Team, for establishing a compliance framework; including Risk Management and Monitoring plan. Embeds compliance, directly and/or through staff supervised over periods of 3 months to a year. Initiates and facilitates corrective action where required.

Role Details:

• Assist with the implementation and maintenance of the necessary processes and procedures in relation to all aspects of the Collective Investment Schemes Control Act and its sub legislation in order to provide assurance on the level of regulatory compliance within the Management Company.
• Reports on compliance breaches to Senior Compliance Officer, Trustees and the FSCA.
• Supports the business in implementing new regulatory developments.
• Relevant Compliance qualifications and certifications (experience as appointed compliance officer for a CIS Manco preferred)

Key responsibilities will include amongst others the following:

Compliance

• Assists Senior Management with the effective co-ordination and execution of the monitoring and reporting requirements for the functional area to Trustees and the FSCA
• Assists in mitigation of compliance risk.
• Challenges and escalates (within the defined escalation framework) where deemed appropriate.
• Facilitates resolution of compliance breaches.
• Influences on account of outputs is limited to specific assigned functional area.
• Reports on compliance breaches to Senior Compliance Officer.
• Utilises relevant legislation and in all probability, the impact of the legislation on the business unit/functional area.
• Monitoring and reporting according to CISCA to the FSCA.

Team Effectiveness

• Demonstrates the adherence to core values.
• Balances own priorities with directing and motivating others.
• Creates a climate for optimal performance.
• Guides and directs staff to achieve operational excellence standards.
• Individually accountable for time, tasks and output quality, over periods of 3 months to a year.
• Manages performance.
• Plans & assigns work over periods of 3 months to a year.
• Selects potential staff to sustain customer/ client service delivery, where relevant.

Qualification and Experience:

• Minimum 3-year commercial or legal degree,
• Minimum 3 years’ experience in Compliance within the financial services industry.
• At least 5 years’ experience in a Collective Investments’ schemes / investments environment.
• Compliance monitoring experience
• Process driven and analytical;
• High level of attention to detail;
• High degree of agility;
• Good planning and organizational skills.
• Ability to engage with stakeholders at various levels.
• Ability to query, challenge and maintain a high degree of professional skepticism.
• Insight to make relevant conclusions.
• Excellent communication skills, both oral and written.
• Ability to perform in a demanding team.