We bring an Out of the Ordinary approach to creating and managing wealth.
Founded in South Africa as a small finance company, today we offer clients our services as a global bank and asset management group.
Follow us on LinkedIn for unique insights from leading minds within the world of finance and Out of the Ordinary stories about our people, communit...
Read more about this company
The FAIS Compliance Officer will play a key role in ensuring the organization's ongoing compliance with the Financial Advisory and Intermediary Services (FAIS) Act. This position is responsible for registering FAIS representations for the business, providing expert advice to all Wealth & Investment businesses regarding compliance, and actively monitoring FAIS and conduct compliance related to the company's FAIS license.
Responsibilities:
Register FAIS representatives for the business and maintain accurate records of all registrations.
Advise business units on FAIS compliance requirements, including licensing, reporting, and operational procedures.
Monitor and review ongoing FAIS and conduct compliance across all relevant business areas.
Develop and implement compliance frameworks, policies and practical procedures to policies to ensure adherence to FAIS legislation.
Report on compliance status, risks, and remediation activities to senior management.
Provide training and support to staff on FAIS compliance matters.
Liaise with vendor that supplies the FAIS records system regarding system updates, changes and requirements
Engage with regulators on queries and during regulatory inspections
Qualifications, Experience and Skills
Bachelor's degree in Law, Finance, or a related field.
5–10 years' experience as a registered FAIS Compliance Officer.
Proven experience in FAIS licensing, compliance monitoring, and regulatory reporting.
Knowledge of the Collective Investment Schemes Control Act (CISCA) and Financial Markets Rules essential.
Strong understanding of regulatory frameworks, conduct risk management, and governance practices.
Excellent communication, analytical, and problem‑solving skills.
Detail‑oriented, highly organised, and able to work independently or as part of a team.
Demonstrates professional integrity, strong ethical standards, and sound judgement.
Effective interpersonal skills with the ability to advise, influence and train staff.
Gmail
Yahoomail