Compliance Practitioner at BDO South Africa

Primary Purpose of the Job

This role will be a key member of the Compliance Team that supports BDO South Africa in building a resilient and successful business, by:

• Designing and facilitating effective and efficient compliance processes with clearly defined roles and responsibilities, that enable business to deliver exceptional client service
• Being a trusted advisor to business, advising on regulations, policies and procedures and enhancing skills through focused training and awareness programmes
• Implementing monitoring processes, providing value-add reporting and ensuring remedial action is taken for identified non-compliance
• Entrenching a strong culture in the firm that is about more than pure compliance, but also about promoting a message that everyone has a role to play in protecting the firm against risk.

The team is responsible for the “Relevant Ethical Requirements (including Independence)” and “Acceptance and Continuance of Client Relationships and Specific Engagements” components of ISQM1.

Main Duties and Responsibilities

• Assist with the design and implementation of projects and initiatives, policies and processes, systems/ tools relating to Acceptance and Continuance of Client Relationships.
• Responsible for processing efficient and effective compliance related activities.
• Participate in communications with the Digital Solutions team to ensure effective and efficient automation solutions in relation to Acceptance and Continuance of Client Relationships (including Conflict of Interest and Independence checks).
• Provide training, advice and support to partners, directors and professionals on client acceptance and re-acceptance procedures and systems.
• Management and oversight of the firm’s inbound independence and conflict check process from other BDO member firms and where required, assistance with other aspects as it relates to independence and conflict check processes.
• Responsible for local checks in response to all Global independence confirmations.
• Identification and communication of potential improvements as it relates to independence and conflict check management processes.
• Compilation of efficiency indicators as it relates to the firm’s independence and conflict check management system.
• Identification of non-assurance services provided by and to Global restricted entities which includes the submission of relevant non-assurance threat assessment forms and follow ups in relation thereto.
• Involvement with the firm’s Reportable Irregularity processes, including follow up on further reporting and attending to the submission of communications to relevant regulators.
• Prepare reporting for Governance Bodies and Committees of Reportable Irregularities and management of queries logged on the firm’s implemented platform.
• Stakeholder management and engagement, where required in relation to duties to be performed.

Requirements

Qualifications/Recognition of Prior Learning equivalent

• A qualification in Compliance, Risk, Finance or Audit

Work Experience

• 5 years of experience in similar risk management, independence and/or compliance roles.
• Experience within a professional services/audit firm would be advantageous.
• Design and implementation of policies and processes for regulatory compliance and risk mitigation.
• Training design and presentation
• Project management experience
• Business analysis experience relating to technology solutions.

Knowledge

• Intermediate Excel, Word and PowerPoint.
• Written and spoken English language skills

Technical Competencies

• Efficient processing of compliance related tasks
• Progress reporting and Project Management.
• Design and review controls to mitigate identified risks.
• Attention to detail 

Behavioural Competencies

• Good interpersonal and organisational skills
• Strong spoken and written communication skills
• Ability to work independently and collaborate with team members
• A proactive approach to continuous improvement 

BDO Core Competencies

• Relationships and Collaboration
• Exceptional Client Services
• Engaging people
• Quality, Risk management and Operational performance