THE DUTIES AND RESPONSIBILITIES:
Contribute towards a compliance culture that values responsible conduct and compliance with internal and external obligations.
Provide technical compliance and operational support to the Group Regulatory Compliance Team.
Ensure that Companies and Trust are properly vetted before onboarding.
Facilitate the take-on of Institutional and Employee Benefits clients as and when required.
Stay abreast of changes in legislation and facilitate training sessions to implement operational changes successfully.
Assist with the drafting of and updates to the standard operating procedures.
Ensure adherence to regulations relating to Customer Due Diligence, including the implementation and enhancement of a Quality assurance process.
Daily evaluation of Risk Rating, AVS and Lexis Nexis AML screening (World check) reports on client workflow profiles.
Monitoring of the High-Risk Client Register according to the Risk Management and Compliance Program (RMCP).
Reporting all High-Risk Clients to Head: Retail Administration to obtain sign off by Senior Management before onboarding.
Identify, investigate, and report any compliance related issues or suspicious transactions.
Conduct rigorous quality assurance which includes the monitoring and measurement of team rework to ensure the accurate and consistent application of compliance principles.
Assist in identifying all Group Regulatory Compliance training needs as well as the implementation of monthly knowledge assessments regarding the official Risk Management and Compliance Document (RMCP).
Ensure that an ongoing due diligence process is put in place and facilitate the review of all clients within the time periods stipulated in the Risk Management and Compliance Program (RMCP).
Assist with the Senior Management sign-off process.
Assist with ad-hoc compliance requests and queries from various business units.
Provide audit support and assist with the preparation and filing of compliance reports as and when required.
Build a close relationship with the Group Risk and Compliance team to ensure continuity and best business practice.
ROLE QUALIFICATIONS & EXPERIENCE
A successful candidate must have:
BComLaw, LLB or equivalent undergraduate degree / diploma is preferable.
3-5 years’ experience in FIC Compliance with a thorough understanding of compliance pertaining to Corporate and Retail clients.
Experience in the Linked Investment Service Provider (LISP) environment administration is preferable.
Experience in the following Financial Services industries is an advantage:
LISP
Collective Investment Schemes
Retirement Funds
Linked Life Companies
Exchange Traded Funds (ETFs)
Advanced Excel skills.
COMPETENCIES REQUIRED
Strong work ethic.
Exceptional interpersonal skills and passionate about compliance.
Excellent verbal and written communication skills.
Strong organizational skills – a passion for getting things done quickly and correctly.
Innovative with strong problem-solving capability.
Self-motivated and proactive.
Ability to manage multiple projects while prioritizing work assignments.
FOR MORE INFORMATION:
Email: recruit@sygnia.co.za
Should you not hear back from us in 14 days, please consider your application unsuccessful.
Disclaimer:
Please be advised that your personal information shared on your resumes will only be used as part of the Sygnia recruitment process for the role applied for. It will not be shared with any third parties for any other reason.