Compliance Specialist

About the job 10X is disrupting the South African investment industry to help people get dramatically better value for their long-term savings. Helping people get more money when they need it, is our aim. About 10X Investments 10X is providing simple, direct low-fee investment solutions. Using an index-tracking investment strategy, we believe investors will achieve superior performance at a fraction of the cost of actively managed portfolios. We want to grow our business rapidly and aim to have over R100bn under management in 5 years. We’re on a mission to build a customer‑centric and tech‑enabled company, but we’ve only just started. We need great people to help us achieve our dreams. Sure, it’s a big challenge but what’s the point of spending your life doing easy unimportant things? NB: Working knowledge of the financial services industry and legislation (CISCA, FAIS, FICA, Pensions Funds Act, POPI and Long‑term Insurance Act are non‑negotiable, kindly do not apply if this criteria is not held. Purpose of job This is a key role within our Compliance Function, requiring a high level of attention to detail, strong analytical ability, and sound knowledge of South African financial sector laws to ensure that regulated entities within 10X maintain full compliance with applicable legislation, regulatory frameworks, and internal policies. Responsibilities Building, implementing and monitoring compliance frameworks, conducting control testing and reviews, supporting risk‑based compliance monitoring, and assisting with regulatory submissions and engagements; Building and sustaining collaborative working relationships with relevant peers and stakeholders in order to achieve productivity synergies; Assessment of company operations to determine compliance risk and evaluation of the effectiveness of established controls and to provide adequate, effective and efficient compliance risk management controls; Creation of compliance risk management plans and ongoing monitoring of business compliance to the control frameworks, reporting and escalation of incidents of non‑compliance to relevant stakeholders, including follow up on implementation of agreed corrective measures; Performing compliance testing and completing documentation of planning, testing and findings made in line with the Compliance methodology. Drafting reports summarising major findings, issues and outstanding remediation items, identify risks and controls; Advising business on the impact of applicable legislation and changes as when they occur and recommend controls and processes to ensure regulatory compliance; Implementation of compliance related campaigns in order to create awareness of the importance of compliance as well providing staff and business with knowledge and skills related to compliance; Provide key investment compliance monitoring expertise for investment related functions of the company alongside the investment team, including but not limited to: Analysing asset classes and financial instruments Assisting with ASISA, Regulation 28 and FSCA periodic reporting Investigating breaches from portfolio managers; Interpretation of legislation, standards and Client Mandates Coding of investment rules and restrictions in compliance systems; Compliance Static Data Management; and Pre‑and post‑trade breach analysis on relevant compliance systems - Breach resolution via liaison with portfolio managers. Advise management on the company’s compliance with laws and regulations through detailed reports; Drafting and reviewing of client agreements, trading agreements, service level agreements and any other legal agreements applicable to the different business units; Advising the company on the legal aspects of transactions as well as continued research into various aspects of the law and regulatory framework impacting on the legal viability of transactions. Review and sign off the company’s marketing material and ensuring records of all published marketing documents are kept in accordance with regulatory requirements; Ad hoc tasks as required. Qualifications and Experience Bachelor of Laws / Commerce / Risk Management or equivalent qualification RE1 (advantageous) RE5 (advantageous) Experience 5 - 7 years relevant compliance management experience in a role in asset management or an investment environment. Experience and technical understanding of financial products and financial sector legislation including but not limited to Financial Markets Act, 2012; Pension Funds Act, 1956; Collective Investment Schemes Control Act, 2002; Financial Advisory and Intermediary Services Act, 2002; Long‑term Insurance Act, 1998; Insurance Act, 2017; Income Tax Act, 1962; Financial Intelligence Centre Act, 2001 and related regulations is essential. Why it's fun to work here Our values guide everything we do, they are: We Own it, We Challenge, We Grow and We Care. We offer great benefits including an annual bonus, free breakfast, a wellness support programme, a fitness rewards app and a day off on your birthday We have a flexible approach to location where you can choose to work in our cool offices in Bree Street or Sandton, work from home, or do a bit of both We are on a drive to grow fast and to help people have more money for when they need it most Closing Date: 30 November 2025 Forward your CV to Please consider your application unsuccessful if you do not hear from us within 2 weeks of closing date. #J-18808-Ljbffr