Business Enablement: Advice and Compliance Review

**Reference**
- PE001379/RW**Sector**
- Business Management**Location**
- Gauteng, JHB - Central**Salary Interval**
- Monthly**Package**
- None-negotiable**Description**

**Requirements**:

- Experience in Compliance in the Financial Services Industry.
- Experience in Financial Planning would be an advantage (Certified Financial Planner would be a benefit) but not a pre-requisite.
- Computer skills and must be proficient in MS Office.
- Excellent verbal and written communications skills.
- Proactive and able to take ownership and accountability.
- Attention to detail.
- Ability to learn and adapt quickly.
- Analytical skills and the ability to work in a methodical and organised manner.
- Ability to work independently and under pressure.
- Deadline driven.
- Resourceful and takes initiative.
- Problem solving skills.
- Willingness to perform a wide variety of tasks and to continuously learn and improve.

**Responsibilities and expectations but not limited to**:
**Advice Review**:

- Internal Review: in conjunction with the external compliance officers audit Partner Directed Advice cases and large deals against the advice questionnaires to ensure that all cases are compliant before commission is released to Partners.
- External Review: Manage external compliance officers and analyze compliance reports received from them.
- Give guidance (written and verbal) to Partners, Partner Operations Managers and Business Development Managers on how best to meet quality advice requirements to improve their compliance scores.
- Creating, implementing, and maintaining processes to meet regulatory requirements and mitigate the identified advice risks within the business.
- Establishing and maintaining relationships with internal and external stakeholders.

**Legislative & Regulatory Support**:

- Maintain a compliance framework in collaboration with stakeholders (both internal and external).
- Assist in maintaining the competency register.

**Reporting**:

- Analyse all advice audit scores (internal and external) and reports received to determine where the risk in advice dispensed in the business is and report to the Key Individual Team on the outcomes and how this risk is managed.
- Identify potential compliance breaches and investigate compliance irregularities or areas of concern.
- Addressing regulatory compliance requirements related queries from within the business.

**Manage Advice Risk**:

- Implementation and monitoring of a Partner Compliance Dashboard to highlight elements of key risks identified.
- Participation in the Advice Risk Committee in formulating compliance procedures and focus areas to cover areas and / or themes of risk Monthly / quarterly reporting to the Key Individuals and relevant stakeholders.
- Manage Partner Monitoring team tasks (advice monitoring and Compliance Officer tasks) to ensure that risks identified are remediated by the Financial Planning Partner. Engaging with the respective Partner Operations Managers and / or Business Development Manager should the need arise.

**Approved Advice Specialist**:

- Proactively research and gain in-depth knowledge of the approved advice tool and solutions to engage and guide Partners, Partner Operations Managers and Business Development Managers to drive higher approved advice adoption rates amongst Partners.
- Fulfil the central role in ensuring that the planning tools used by the Advisors meet all compliance and legislative requirements. - establishing and maintaining relationships with relevant stakeholders in the business to ensure that planning tools are both effective and compliant.

**Administration**:

- Maintain the compliance and procedure manuals and all artefacts published on the internal intranet for Advisor offices.
- Administrative duties related to all the above.