FAIS Compliance Officer at Moonstone Compliance & Risk Management

The successful applicant will be appointed as a Compliance Officer with Moonstone Compliance (Pty) Ltd. Duties will include risk identification and management, strategic and operational commentary, monitoring and administrative support functions to mitigate the risk of non-compliance with legislation and regulations.

Job Specification 

• Provide outsourced compliance and risk management services to clients and other entities within the financial services industry by facilitating the development, establishment and maintenance of a compliance risk management process
• Develop, implement and maintain compliance documents, policies and procedures
• Identify legislative risks and improving compliance awareness through risk identification, stakeholder engagement and creating strategies to effectively determine and manage the broader regulatory risk environment
• Assist with the establishment and maintenance of procedures on the identification, reporting and resolution of compliance and regulatory issues
• Receive, research, manage and respond timeously to client queries. Liaise with clients, prospective clients and industry role players
• Staying informed on applicable legislation, industry developments and internal procedures: Regular review of new and existing legislation, attendance of Moonstone Compliance Conferences and workshops, etc. Assisting with training new employees
• Actively sourcing and maintaining a panel of prescribed clients.
• General administrative duties including reporting

Skills and Competencies

• Ability to interpret and apply legislation, compliance monitoring, compliance risk identification and management, regulatory guidance, analytical reporting, policy and document development and implementation, communication, research and recordkeeping, digital and computer literacy
• Client relationship management, entrepreneurial mindset, effective and disciplined self-management (Function well under pressure, time management, adherence to deadlines, etc.), problem solving and creativity, critical thinking, and decision-making abilities

Minimum Requirements

• Non-Negotiable: Approved Category I Compliance Officer with the Financial Sector Conduct Authority with no supervision requirements. Please provide your Phase 1 CO approval number as part of your application. 
• Preferred: Category II experience and approval
• Advantageous: Category IIA, III and/or IV experience and approval
• LLB / 4 Year Law / Commerce degree or equivalent that has been recognized by the FSCA for Compliance Officers
• Regulatory Examinations as applicable to the Categories of approval
• Minimum of 3 years’ working experience in a legal, compliance or financial environment
• Working knowledge of the financial services industry and legislation (FAIS, FICA, Insurance Act, FSRA, etc.)
• Computer literacy: Proficient in Microsoft Office (Word, Excel, PowerPoint & Outlook)
• Good command of written and spoken English and Afrikaans
• Must have a positive outlook, be presentable and self-motivated
• Valid driving license and own transportation as the incumbent will need to attend to meetings at clients’ offices
• As this position is not based in an office, the incumbent will need to have the required discipline and infrastructure to work from home or another location as agreed to

Please note: Preference will be given to AA / EE applicants

When submitting your application, please ensure to include the following:

• Cover letter (Please outline your interest and tell us how you will be a good candidate for this position)
• Resume
• NON-NEGOTIABLE: CO APPROVAL NUMBER
• Qualifications
• Salary expectations
• Kindly quote the reference listed above