Regulatory Affairs Specialist

3 weeks ago


Midrand, Gauteng, South Africa The Recruitment Council Full time
Job Overview

We are seeking a highly skilled Category I Compliance Officer to join our team at The Recruitment Council in Midrand. Reporting to the Head of Compliance Distribution, this role involves implementing relevant legislative regulations and ensuring quality assurance and compliance within our offices, which include long-term and short-term assurance, collective investments, and stockbroking.

About the Role

This is an excellent opportunity for a motivated professional to take on a key position in our organization. The successful candidate will be responsible for developing and maintaining a robust compliance framework, identifying and investigating potential compliance breaches, reviewing and resolving client complaints, and ensuring all compliance records are current and accurate.

  • Develop and maintain a comprehensive compliance program in partnership with stakeholders.
  • Conduct thorough investigations into potential compliance breaches and areas of concern.
  • Provide exceptional service to clients by reviewing, registering, and resolving their complaints.
  • Ensure the accuracy and currency of all compliance records.
  • Address and resolve Fit and Proper queries efficiently.
  • Maintain and update compliance procedures and manuals regularly.
  • Conduct regular audits at Adviser offices and report findings.
Requirements

To succeed in this role, you will need a strong educational background, relevant work experience, and a thorough understanding of regulatory requirements. Specifically:

  • Relevant qualification such as BCom Law or LLB.
  • Registered FSCA Compliance Officer (CAT I) certification.
  • RE 1 Certificate.
  • A minimum of 3 years of compliance experience in the financial services industry.
  • Excellent knowledge of FICA, FAIS, and relevant legislation, regulations, and rules.
  • Experience in corporate compliance and working with Financial Advisers/Planners.
  • Proficiency in MS Office.

The estimated salary for this position is R450,000 - R550,000 per annum, depending on qualifications and experience.



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