Senior Compliance Specialist

7 days ago


Durban, KwaZulu-Natal, South Africa AGC Recruitment Pty Ltd Full time

Are you a seasoned compliance professional with a keen eye for detail and a passion for regulatory excellence? AGC Recruitment Pty Ltd has an opportunity for a Senior Compliance Specialist: FAIS and Insurance to join their team. In this pivotal role, you will be responsible for implementing robust procedures to ensure the organization adheres to all relevant regulations and legislation. You will provide expert advice to internal business units on compliance matters, lead the resolution of complaints from clients, regulators, and ombuds, and pursue necessary corrective actions.

Duties and Responsibilities:

  • Monitor and ensure compliance with FAIS regulations by all key individuals and representatives, and communicate relevant changes to the relevant regulatory bodies. Maintain up-to-date compliance records.
  • Assist and support the development of the Group Compliance Function.
  • Participate in the drafting and implementation of compliance frameworks, policies, manuals, and technical guidelines.
  • Assist and implement processes around statutory registrations with regulatory bodies, drafting of business and compliance process descriptions for regulatory registrations, recordkeeping, and changes in relation to registrations or updating regulatory bodies.
  • Ensure that Continuing Professional Development (CPD) requirements are met, update the Fit & Proper Competence register to include CPD Register, and attend to queries. Update the Central Representative Register, Changes of Profiles with the relevant regulatory bodies, and conduct monthly call audits in respect of the CCC representatives.
  • Coordinate and schedule required compliance training for staff.

Requirements:

  • Relevant 3-4 years qualification consisting of Legal or Finance.
  • LLB plus a relevant Compliance Management Certificate and/or Certification.
  • RE1 and RE5 will be an advantage.
  • 5 to 7 years' experience in a legal or insurance environment.
  • Strong knowledge of regulatory compliance guidelines and standards within the financial services sector.

Salary: R50 000 per month



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