Compliance Assistant

17 hours ago


Parow, South Africa The Foschini Group Full time

Job ID: 12658
- Position Type: Full-Time
- Job Function: Financial Services / Analytics
- Workplace Type:

- Division: TFG Finance and Advisory
- Province: Western Cape
- Location: Cape Town North
- Suburb: Parow (Parow)
- Add to Job CartAdd to Job Cart

Position Description:
**Our Group Assurance team currently seeks a Compliance Assistant to join their team.**
**Your responsibilities will be to**:

- ** Assist with the facilitation of legal compliance for credit legislation, financial services legislation and consumer legislation (SA, Rest of Africa and Globally)**:

- Conduct legal compliance monitoring (both physical and automated) in relation to credit, financial services, financial intelligence and privacy legislation under the guidance of the Legal Compliance Specialists
- Assist in any clarification meetings with the business regarding monitoring findings
- Responsible for choosing monitoring samples and interrogating any automated monitoring results as a first line of monitoring
- Draft summaries of legislative changes and their potential impact on the business
- Monitor and advise the Legal Compliance Specialists of any legislative changes including amendments and new laws
- Assist the Legal Compliance Specialists with assessing the potential impact of legislative changes on the business
- Assist with keeping regulatory universes up-to-date
- Conducting research and news scanning in order to aid the Legal Compliance Specialists with regulatory monitoring
- ** Accurate, complete and timely reporting of significant matters**:

- Highlight any non-compliance concerns to the Legal Compliance Specialists
- ** Providing training or assisting in drafting of training**:

- Deliver training as and when where required
- Monitor the efficacy of training and propose changes to improve efficacy
- Be appointed as a money laundering officer in terms of FICA and responsible for reporting
- A minimum of 2 years’ experience within a legal compliance team across multiple jurisdictions
- Relevant qualification (LLB essential)
- Member of the Compliance Institute (desirable)
- Team player
- Interpersonal skills
- Communication skills
- Ability to manage time effectively
- Attention to detail
- Interest in technology and automation of manual processes



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