Compliance, Markets Compliance Officer, Senior Associate

Compliance, Markets Compliance Officer, Senior Associate / Vice President

Location: Johannesburg, Gauteng, South Africa

Experienced Compliance Officer/Money-Laundering Reporting Officer at Associate level for Johannesburg branch of a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and high-net-worth individuals.

GLOBAL COMPLIANCE

Our division prevents, detects, and mitigates compliance, regulatory, and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defense, Compliance assesses the firm's compliance, regulatory, and reputational risk; monitors for compliance with new or amended laws, rules, and regulations; designs and implements controls, policies, procedures, and training; conducts independent testing; investigates, surveils, and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits, and inquiries.

OVERSIGHT OF BUSINESS WITH THE FOLLOWING LICENCES:

1. FSCA Category 1 Licence activities
2. Primary dealing in the bonds of the Republic of South Africa
3. Authorised Dealer in foreign exchange
4. Financial Services Provider
5. OTC Derivatives Provider

SKILLS AND EXPERIENCE WE'RE LOOKING FOR

1. Undergraduate degree
2. 5 years of relevant experience in a compliance department within a financial institution
3. Good knowledge of Bond ETP Market, Derivative Markets, and Interest Rate and Currency Markets
4. Have any of the following:
   1. JSE Derivatives Compliance Officer Exam
   2. JSE interest rate and currency market, Registered Persons Examinations modules: Regulation and Ethics of the SA Financial Market, Introduction to Financial Markets, The Bond Market
   3. JSE interest rate and currency derivatives Registered Persons Examinations: The Derivatives Market
5. Good working knowledge/understanding of FAIS, FICA, JSE, FMA
6. Experience of interaction with FSCA, JSE, SARB, and FIC
7. Strong communication skills

DUTIES AND RESPONSIBILITIES

1. Execute the firm's Compliance Programme, including risk assessments
2. Identify and escalate regulatory and/or reputational risk issues
3. Assist with surveillance queries
4. Assisting in Compliance monitoring as required by FMA, FAIS, FICA, and other financial market regulations
5. Reviewing all exchange registrations and de-registrations for officers and traders
6. Complaints handling
7. Maintenance of registers
8. High Risk monitoring/PEP and Sanction alerts
9. Monitoring and identifying changes applicable legislation
10. Regulatory training
11. Advising business on ad hoc queries
12. Assist with regulatory reviews, inspections, and investigations
13. Assist with the drafting of procedure manuals for all areas of the business
14. Draft and review policies and procedures applicable to the business of the branch
15. Develop and deliver required training on applicable compliance requirements
16. Identify, review and implement new regulations, through partnering with other stakeholders, including Legal, business, Operations, and others

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness, and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.