Quality Assurance Officer
7 days ago
Requisition - a critical role within Nedbank Wealth Management SA Division.
Cluster - Nedbank Wealth Cluster.
Location - This position is available in our Johannesburg and Cape Town offices.
Key Objective - Ensure compliance with regulatory requirements and internal standards.
Job FamilyRisk, Audit, and Compliance.
Career StreamRegulatory Compliance.
Leadership PipelineManage Self: Technical (MST).
FAIS AffectedJob PurposeThis role involves reviewing and ensuring compliance with regulatory requirements, including FAIS, Market Conduct, and other relevant legislation. This includes monitoring and analysing regulatory risk indicators, conducting compliance checks, and maintaining advice quality assurance policies and procedures.
This will assist in ensuring high-quality standards, reducing client complaints, and protecting our:
• FAIS licenses
• Advisers
• Clients
- Conduct compliance checks on new advice business to ensure compliance with regulatory requirements and internal standards.
- Maintain and update advice quality assurance policies, processes, and procedures.
- Review and analyse information to ensure accuracy and correct processes followed.
- Collaborate with cross-functional teams to develop and implement corrective and preventive actions.
- Continuously improve processes and procedures to ensure compliance with regulatory requirements.
- Provide support to the Advice Specialist and Advice Governance Specialist.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and a commitment to accuracy.
- Effective communication and interpersonal skills.
- Ability to conduct training sessions.
- Methodical and meticulous attention to detail.
- Good understanding of compliance issues.
- Good time management skills.
- Excellent interpersonal and IT skills.
- Diploma in Financial Planning, Commerce, or Law.
- Degree in BCom with specialisation in financial planning, commerce, or a law degree.
- Preferred certifications: CFP, FAIS (RE5).
- 3 years working experience in the wealth management or private wealth environment.
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