Specialist - Investment Compliance Support Services

4 weeks ago

Cape Town, South Africa LRI Invest Full time

Description

Specialist: Investment Compliance Support Services - Cape Town

Summary of the position

The ICSS (Investment Compliance Support Services) team reports both regulatory and bespoke mandate compliance breaches to clients daily on a post-trade basis, and provides the functionality to our clients for monitoring breaches on a pre-trade basis as well. The team also produce certain regulatory holdings reports to clients, run from the data warehouse and enriched with data from both InvestOne and NXManager.

The role requires broad knowledge across the investment and operational cycle. It largely entails the interpretation of both mandates and legislation/regulation in order to effectively translate the regulation into workable compliance rule results, upon which our clients depend for guiding their investment decisions within client mandates and prescribed regulation. The role will collaborate within the ICSS team and other relevant teams to ensure that the interpretation is successfully applied to both the NX Manager platform (enabling pre
- and post-trade compliance) as well as the Compliance Reporting Warehouse. Whilst the primary focus of the role is thus the interpretation of mandates / regulation / legislation, there is also a requirement to have a working knowledge and understanding of the investment operations cycle to inform the process of converting the regulatory and mandate interpretation into codeable rules within the technology platform, and to be able to address queries from our clients in respect of rule behaviour. Therefore strong technical or operational knowledge of investment instruments is required, as well as experience on NX Manager (Decalog) (preferred) or another comparable compliance monitoring system is ideal.

Outline of main duties and responsibilities

The main responsibilities of the role will be:

- Assist with daily post-trade reporting and monthly compliance reporting (Reg28 and Reg30) and troubleshooting classification issues.
- Attend to your allocated client queries during the day within SLA timeframes, and to generally support all client queries as and when required.
- Perform monthly preparation checks to ensure sound and consistent instrument and issuer classifications for monthly reporting.
- Continually cleaning static data to support daily monitoring and monthly report integrity.
- Support the efforts within the ICSS team in respect of interpreting and documenting legislative, regulatory and mandate compliance requirements.
- Documenting the interpretation of legislative or regulatory changes, in a manner which allows for these documents to be circulated internally at Apex or externally to clients.
- Monitoring of regulatory changes pending and appropriate planning for these changes, including client communications.
- Developing, coding, and implementing compliance rules to NX Manager.
- Continually reviewing compliance rules to improve integrity.
- Following of proper test protocol in UAT environment and change control protocol of rules into the production environment.
- Being pro-active in solution-finding and regularly question processes and “status quo’s” to constantly improve;
- Providing support to the Apex client base in respect of compliance related queries, including interpretation, breaches, reporting, etc.
- Build excellent rapport with clients in developing their confidence in our service offering, by understanding their requirements fully, and maintaining such well managed relationships to achieve the best results for the clients.
- Supporting the business development effort in expanding the Compliance Support Services function.
- Actively strive to live by and operate within the Apex core values.
- Actively drive and contribute to a culture of quality/excellence, through risk awareness and adherence to compliance standards and all relevant operational controls and processes.

Skills and experience required
- An accounting or business degree (minimum B.Com or equivalent) together with at least 4-5 years fund administration/management experience in a compliance related role;
- Certificate in Compliance Management;
- Strong numerical and analytical skills to review fund compliance reports in detail and respond to queries. The role requires excellent Excel skill to analyse portfolio exposures and structures and to determine and test required compliance rule output;
- Strong knowledge of the full investment process starting from the portfolio manager’s investment decision through operational process to client reporting;
- Attention to detail and structured work approach;
- Excellent communication and negotiation skills, both written and verbal, as the ICSS team is dependent on downstream operations. The rule requires confident interaction with all areas of the business in order to perform team tasks;
- Confident, self-motivated individual and able to work under pressure;
- Positive attitude and dedication.

Reporting structure

The Specialist:

  • Specialist - Investment Compliance Support

    4 weeks ago

    Cape Town, South Africa Maitland Group Full time

    **Job Advert Summary**: The Specialist: Investment Compliance Support Services is first and foremost the regulatory specialist in the Investment Compliance Support Services (“ICSS”) team. The role largely entails the interpretation of both mandates and legislation/regulation in order to effectively translate the regulation into a workable compliance rule...

  • Specialist - Investment Compliance Support

    2 weeks ago

    Cape Town, South Africa Maitland Group Full time

    **Job Advert Summary**: The Specialist: Investment Compliance Support Services is first and foremost the regulatory specialist in the Investment Compliance Support Services (“ICSS”) team. The role largely entails the interpretation of both mandates and legislation/regulation in order to effectively translate the regulation into a workable compliance rule...

  • Senior Specialist: Investment Compliance Support

    4 weeks ago

    Cape Town, South Africa Maitland Group Full time

    **Job Advert Summary**: The Senior Specialist: Investment Compliance Support Services is first and foremost the support to the Senior Manager: Investment Compliance Support Services, thus bringing regulatory and technical skillset and leadership qualites to the Investment Compliance Support Services (“ICSS”) team. The role largely entails the...

  • Investment Services Specialist

    6 days ago

    Cape Town, Western Cape, South Africa Digiterra Full time

    About DigiterraDigiterra is committed to delivering high-quality investment services to our clients. We are seeking a highly skilled Investment Services Specialist to join our team and contribute to this mission.Main Responsibilities:Providing expert advice on investment strategies and product offerings.Analyzing client needs and developing tailored...

  • Technical Support Specialist

    3 hours ago

    Cape Town, Western Cape, South Africa Excis Compliance Full time

    Job SummaryWe are seeking a highly skilled Technical Support Specialist to join our team at Excis Compliance.The ideal candidate will possess excellent communication skills, both written and verbal, and be fluent in French. They will be responsible for providing top-notch customer support to our clients via phone, email, or chat.Key Responsibilities:Customer...

  • Technical Service Desk Specialist

    6 days ago

    Cape Town, Western Cape, South Africa Excis Compliance Full time

    We are seeking a highly skilled Technical Service Desk Specialist to join our dynamic IT support team. As a Technical Service Desk Specialist, you will be responsible for providing first-line support to our users, assisting with hardware, software, and application-related issues, and ensuring prompt and effective troubleshooting.The ideal candidate will have...

  • Investment Specialist

    3 weeks ago

    Cape Town, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...

  • Regulatory/reporting Specialist

    1 week ago

    Cape Town, South Africa Compliance Solutions Strategies Full time

    **Regulatory/Reporting Specialist** **Cape Town** **Why Confluence?** Over the past several years we have undergone a great deal of positive change and growth to become the company we are today. Our global footprint now spans multiple countries, giving our employees the opportunity to get exposure to other countries and cultures. And it stands to reason...

  • Senior Lawyer

    2 weeks ago

    Cape Town, South Africa Investment Manager firm Full time

    **Position Title: Senior Lawyer (Cape Town) - Agricultural Investments** **Company Overview**: A respected Investment Manager is looking for a Senior Lawyer with experience in corporate finance to join their dynamic team. The individual should be an admitted attorney and a member of the Law Society. A keen interest in financial services, investments and...

  • Investment Operations Expert

    7 days ago

    Cape Town, Western Cape, South Africa Rory Mackie & Associates Full time

    At Rory Mackie & Associates, we are seeking an Investment Operations Expert to join our team as a Regulatory Compliance Specialist. As a key member of our operations team, you will play a critical role in ensuring the seamless execution of regulatory reporting obligations.The primary responsibility of the Investment Operations Regulatory Reporting team is to...

  • Compliance Assistant

    2 weeks ago

    Cape Town, South Africa Aquarius Recruitment Full time

    Our client is a dynamic and reputable Asset Management company based in Cape Town - they are growin and looking to extend their compliance team to support the compliance officer. **Job Description**: This role assists the Compliance Officer in establishing and embedding a culture of compliance within the business. Assist the Compliance Officer to ensure...

  • Investment Distribution Support Manager

    4 weeks ago

    Cape Town, South Africa Momentum Distribution Services Full time

    **Introduction** Momentum, a financial services provider of choice since 1966, known for its entrepreneurial spirit and innovative culture is committed to wealth creation and preservation, insurance, and income protection for all our clients. We do this through our understanding of the retail insurance, savings, and investment markets in SA. **Role...

  • IT Support Agent with French Skills

    2 hours ago

    Cape Town, Western Cape, South Africa Excis Compliance Full time

    About the PositionWe're looking for a talented Technical Support Specialist with strong French language skills to join our team at Excis Compliance.In this role, you will be responsible for providing exceptional customer support to our clients via phone, email, or chat, and working closely with our team to identify and resolve technical issues.Key...

  • Investment Advisory Support Professional

    2 hours ago

    Cape Town, Western Cape, South Africa The Recruitment Council Full time

    The Recruitment Council is recruiting an Investment Advisory Support Professional to join its Financial Planning team. This role will provide critical support to a Trust Officer and their assistant, driving client portfolio analysis, advisory support, and investment planning.About the Role:Support the Trust Officer and assistant in conducting research and...

  • Investment Support Specialist

    7 days ago

    Cape Town, Western Cape, South Africa CA Financial Appointments Full time

    Job Summary:This is an exciting opportunity to join a dynamic investment management team as an Investment Administrator. We are seeking a detail-oriented and organized individual with a passion for administration and a keen eye for accuracy.Main Responsibilities:Ensure the accuracy and completeness of offshore instructions before processing.Monitor...

  • Investment compliance Analyst

    3 weeks ago

    Cape Town, South Africa RisCura Full time

    Applications Close 29 November 2024**Location**: Cape Town **Reports To**: Compliance line manager **Application Criteria**: - Bachelor’s degree in Finance, Accounting or a related field. - Honours preferred **Experience**: 1 - 4 years working experience in investment compliance, accounting or a related field. **Purpose of Job**: - The compliance...

  • Compliance Officer

    3 weeks ago

    Cape Town, South Africa Efficient Frontier Recruitment Full time

    A top Investment house has a vacancy for an experienced Compliance professional with a strong regulatory focus to assist with Investment Regulatory Compliance through the implementation and maintenance of a suitable regulatory compliance strategy and programme, and by ensuring an appropriate culture of compliance. **Key Functions**: - Establishes and...

  • Investment Compliance Officer

    2 days ago

    Cape Town, South Africa Dynexity Full time

    Key Responsibilities: Monitor and report compliance with regulations like REG28, REG30, LTIA, CISCA, and more. Oversee compliance for Collective Investment Schemes, Pension Funds, Medical Aid Schemes, and Hedge Funds. Conduct Regulation 28 analysis, assist with quarterly reporting, and investigate breaches. Manage compliance data, liaise with regulators, and...

  • Investment Support Specialist

    6 days ago

    Cape Town, Western Cape, South Africa M&G Investments Southern Africa Full time

    At M&G Investments Southern Africa, we are committed to helping our clients achieve their financial goals.As a Retail Client Services Team Member, you will be part of a team responsible for guiding our clients through our products and processes, providing clarity on any questions or concerns they may have.About Our CompanyM&G Investments is a global asset...

  • Risk and Compliance Specialist

    2 hours ago

    Cape Town, Western Cape, South Africa PSS Recruitment Full time

    PSS Recruitment is seeking a Risk and Compliance Specialist to join their team in Cape Town.Job DescriptionThe role of the Risk and Compliance Specialist is responsible for providing compliance support and implementing risk and compliance policies and procedures for our client's advisory, fiduciary, and consulting operations. This includes the accurate...