Compliance Officer at Prescient

Purpose of role:

• This is a key compliance function with the responsibilities to cover a number of compliance requirements, including FAIS, S13B of the Pension Funds Act and FICA, for both Prescient Fund Services and Prescient Management Company. A great opportunity suited to an experienced regulatory Compliance Officer.

Duties and responsibilities:

• Serve as the appointed FAIS Compliance Officer for a CAT I FSP (intermediary only), and FIC MLRO and Compliance Officer and S13B Compliance.

FAIS monitoring and planning for Prescient Fund Services and related Juristic Representatives:

• Update monitoring plan to be line with the relevant legislation.
• Monitor Continuous professional development (CPD), Class of business training (COB) and Product specific training (PST) of all reps and KI’s within the business.
• Report to Senior Management.
• Submit any regulatory reports required by FAIS.

Representatives under supervision monitoring:

• Monitor that the representatives under supervision are being supervised and ensure that evidence of supervision is provided.

AML – MLRO:

• Keep up to date with relevant legislation.
• Assist in any FIC reporting.
• Oversight of ongoing FICA monitoring.

Provide FAIS training:

• Plan and implement compliance training to Prescient Fund Services to cover the various pieces of legislation relevant to the fund administration business.

Regulatory submissions:

• Collate and submit regulatory submission for PFA S13B license.
• Collate and submit any adhoc regulatory reporting required by the FSCA.
• Liaise with FSCA for any further licencing requirements that the companies within the PFS Group may have.
• Any other regulatory compliance related services that the company may require

Required experience:

• 5 – 8 years’ experience in a related regulatory Compliance role from Financial Services / Fund Services.
• FAIS registered Compliance Officer for Cat I.

Required Qualifications:

• Degree / Post Graduate Qualification required.
• RE 1 and RE 5.

Key competencies:

• Attention to detail.
• Ability to take initiate and drive projects to completion.
• Strong time management skills.
• Positive team player.
• Good written and verbal communication skills.
• Reliable and trustworthy.