Head of Compliance
1 month ago
We are seeking a highly skilled and experienced Head of Compliance to join our team at Arvo. As a key member of our organization, you will be responsible for ensuring that our business operations are in compliance with all relevant laws and regulations.
The successful candidate will have a strong background in compliance and regulatory affairs, with a proven track record of implementing and maintaining effective compliance programs. You will be responsible for drafting and implementing policies, procedures, and processes to ensure compliance with regulatory requirements.
You will also be responsible for reviewing and analyzing regulatory developments, summarizing and presenting them to the legal team and/or board of directors. Additionally, you will develop processes and systems to monitor adherence to company policies and ensure compliance with FAIS, POPIA, FICA, and CISCA permissible instruments.
Main Responsibilities:
- Draft new policies required under new/amended regulations.
- Responsible for implementing and monitoring adherence to company policies.
- Annual review and update of company policies.
- Review new regulatory developments, summarise and present regulations to the legal team and/or board of directors.
- Develop processes and systems to monitor adherence to company policies.
- Draft and implement a marketing policy addressing the requirements for marketing different products in various jurisdictions.
- Responsible for the submission of all regulatory reports.
- Serve as the main contact point for outsourced compliance officers.
- Research marketing restrictions of funds and/or individuals in various jurisdictions and prepare process documents.
- Ensure compliance with FAIS, POPIA, FICA, and assist with ad hoc queries related to CISCA permissible instruments or other regulatory limits.
- Oversee compliance record-keeping, registers, and filing systems.
- Manage and oversee the work of junior compliance analysts.
- Handle all other compliance matters.
Requirements:
- Must have a legal degree.
- 5-10 years of experience in a related role within the financial services industry (preferably in fund management).
- Must be able to draft company policies and interpret local and international laws.
What We Offer:
- R75 000-R83 000 CTC per month, depending on experience.
- Full time permanent position, based in office.
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