Compliance Specialist

2 weeks ago


Midrand, Gauteng, South Africa Full Circle Resourcing Full time
Our client requires the services of a
Compliance Specialist (Senior)
-
Amazing brand with cutting edge technology:


  • Excellent teams in Global team collaboration:
-
High work-life balance with Flexible hours:


  • Agile working environment

POSITION:
Contract until December 2023

COMMENCEMENT:
As soon as possible

QUALIFICATIONS/EXPERIENCE

  • South African citizens/residents are preferred.
  • Ideally, LLB/BCOM/BA Degree.
  • Preferably a member of CISA.
  • RE1 advantageous.
  • RE 5 ideal.

ESSENTIAL SKILLS

  • Microsoft Office EXCEL, Word, PowerPoint
  • Effective communication skills
  • Time management and prioritisation
  • 35 years working experience as a FAIS compliance officer (approved by the FSCA).
  • Must meet the Compliance Officer registration requirements as outlined in the FAIS Act.
  • Indepth understanding

ADVANTAGEOUS

  • A general understanding of the motor vehicle finance industry is desirable.
  • Shortterm insurance (Personal and Commercial lines) experience.
  • Exposure to a cell captive environment is ideal.
  • Ability to communicate and interact across all organisational levels.
  • Ability to work under pressure and meet tight deadlines with minimum supervision.
  • Good analytical and problemsolving skills.
  • Good systematic process and administrative skills.
  • Must display initiative and be a selfstarter.
  • Ability to manage multiple deliverables simultaneously,
  • Conflict management.
  • Big picture thinker.
  • Ability to work with multiple stakeholders.

ROLE:

  • Implementation and compliance of risk management processes and governance framework within the entity as required for an authorised FSP.
  • Management of the current compliance administration, including any fiduciary responsibilities and statutory reporting as required by the FAIS Act.
  • Act with due care, skill, and diligence in the execution of all duties.
  • Act within the standards and rules set by legislation.
  • Fulfil contractual obligations as agreed to.
  • Management and Oversight of statutory obligations of the FSP.
  • Monitoring of compliance to FSCA relevant standards as issued from time to time, including current and future legislative requirements for an FSP.
  • Guidance and support with FAIS /TCF / Market Conduct related customer and regulatory complaints.
  • Stay abreast of, assess, inform, and report on regulatory changes impacting our FSP license.
  • Develop and maintain regulatory relationship with Supervisory bodies, as may be required.
  • Monitor and maintain the CPD competence register hours of Representatives and Key Individuals.
  • Provide guidance and advice to the Organisation, Representatives and Key Individuals regarding any FSP regulatory and conduct topics.
  • Review and resolve Fit and Proper queries.
  • FSCA administrative and compliance adherence to current and future applicable regulatory requirements which impact the business of GROUP Financial Services, including any codes of conduct and future CBR reporting.
  • Conduct Risk Dashboard project:
  • Refine and maintain current conduct risk performance indicators (CRPI) under Conduct Risk Framework for the Conduct Risk Dashboard (CRD).
  • Research and further refine the current CRPIs as a result of business processes which have an impact on the Conduct Risk statements.
  • Define and develop new CRPIs.
  • Enrich data lake to ensure desire CRPI reporting can be achieved.
  • Develop thresholds through consultation with key stakeholders for all metrics to be incorporated into the CRD.
  • Produce a stakeholder inclusive CRD to provide meaning management information.
  • Review and maintain Conduct Risk Framework and relevant policies.
  • Align to all TCF principles.


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