Compliance Specialist with a Law Background
3 days ago
This esteemed independent asset management and investment research group specializing in Global Investment Strategies and Asset Management Services with a focus on multi-generational capital preservation seeks a highly skilled Compliance Specialist with a Law Background.
About the Position:
- Evaluate agreements to ensure compliance with our standards
- Support the establishment and operation of investment funds in accordance with regulatory requirements
- Review prospectuses to ensure they comply with legal and regulatory standards
- Implement procedures to minimize potential risks
- Provide company secretarial services
- Oversee risk and compliance across various sectors
FIC Responsibilities:
- Stay up-to-date with the FIC Act and related legislations
- Create policies and implement them in the business
- Understand and fulfill reporting requirements under FIC
- Liaise with FIC for submissions and monitoring of RMCP
- Monitor, update and implement KYC processes
- Draft documents and process when necessary
- Act as FICA compliance officer
- Deliver in-house training
POPIA Obligations:
- Awareness of POPI and PAI Acts, related legislations and regulations
- Ability to review GN, regulations etc and create or modify policies when needed
- Ensure implementation, monitoring and updating of POPIA plans and processes and PAIA manual
- Act as Information Officer
- Liaise with Information Regulator for submissions
- Deal with requests in terms of POPIA and PAIA
- Investigate data breaches/security compromises and submit notifications
- Draft necessary documents in terms of POPIA and ensure clients receive necessary information
- Track POPIA request outcomes
FAIS Compliance Needs:
- Liaise with external compliance officers
- Implement internal compliance requirements
- Ensure FAIS requirements are met
- Keep records of advice and samples 'audited' regularly (client file sampling)
- Understanding of FAIS act and related legislation will be an advantage
Key Skills and Qualifications:
- Tertiary degree with law background
- 3-5 years experience in Financial Services industry
- Strong verbal and written communication skills
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