Junior FAIS Compliance Officer(Pretoria)
2 weeks ago
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Main Requirements:
- You need to have at least 1- 2 years of experience in the Legal or Financial Services industry – either fully approved or rendering CO services under supervision
- You must have some exposure to FAIS and FICA
- Doing repetitive admin work must give you immense amounts of joy
- This is a work-from-home position, but candidates must be in South Africa
- You need to learn fast and take responsibility
- You are not allowed to conduct other work for other companies/yourself while in our employ
Additional Requirements:
- Tech-savvy
- A disciplined approach to your daily work
- Good numeracy skills
- Fluency in English and Afrikaans - writing and speaking
- Experience in liaison with regulators
- Good people and problem-solving skills
- A high level of ethics
- Be able to take initiative on many projects
Day-to-day Responsibilities:
- To solve problems and provide solutions for clients
- Advise and provide guidance and research to clients on applying FAIS and related legislation (FICA/POPI/NCR/etc.)
- Advise and facilitate license applications
- Communicate with regulators on behalf of clients (may include FSCA/FIC/NCR/SARB)
- Conduct fit and proper assessments of businesses and their employees
- Conduct monthly file monitoring and yearly practice monitoring
- Conduct occasional training sessions on legislative requirements
- Facilitate compliance meetings with clients on updates/challenges
- Attend occasional conferences
- Drafting of policies, procedures, and contracts
- Assist with the implementation of policies and procedures
- Submit regulatory documents (compliance reports/financial statements etc.) within prescribed timeframes
- Ad hoc projects
- Assist clients with onsite inspections from regulators
- Discuss contract options with potential clients
Additional "Nice to have's":
- Interest in blockchain and crypto technology
- Experience in CISCA, CAT llA, & CAT lll
- Experience in FAIS license applications and document collation
- Marketing and sales experience
- Experience in sending quotes and acting on leads
- Legal drafting and research capability
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