Compliance Specialist - Sandton at Discovery Limited

Job Description

The Compliance Specialist will be responsible for risk identification and management, strategic and operational commentary, monitoring and administrative support functions to mitigate the risk of non-compliance with legislation such as Financial Advisory and Intermediary Services (FAIS). Act as a subject matter expert (SME) for all FAIS related matters.

Areas of responsibility

The successful candidate will be required, primarily, but not limited to:

• Contribute to the development and implementation of the Compliance programme for Discovery FSPs.
• Maintain compliance risk management frameworks,
• Define, assess, maintain and advise on the regulatory universe,
• Develop and facilitate compilation and review of compliance risk management plans,
• Conduct compliance monitoring,
• Compile and submit internal and external compliance reports, and
• Interact with industry regulators, supervisors, and stakeholders as and when required.

Behavioural Competencies

• Making Decisions
• Directing People
• Inviting Feedback
• Embracing Change
• Team Working

Technical Competencies

• Evaluation of Internal Controls
• Remedial Action Development
• Project Administration Skills
• Data Management (Administration)
• Policies, Frameworks, Guidance Notes and Report Writing

Education and Experience

• Relevant tertiary education 
• Post-graduate qualification in Compliance Management (advantageous)
• At least 3-5 years’ experience in the application of FAIS within Financial Services Providers, as well as a thorough understanding of the legislation.