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Johannesburg: Compliance Officer

Compliance Officer

Posted on 2025-04-17

Category Accounting Finance
Location Gauteng  /  Johannesburg

Job Summary

Purpose The Compliance Officer will be responsible for ensuring that Salt EB adheres to all legal and regulatory requirements related to being a financial services and retirement fund administration provider. This includes monitoring compliance with South African financial sector and retirement fund legislation, providing guidance to internal teams, and implementing compliance frameworks to mitigate risks. Key Responsibilities Develop, implement, and maintain compliance policies and procedures in line with the Pension Funds Act, Financial Sector Regulation Act, Financial Advisory and Intermediary Services (FAIS) Act, and other applicable legislation. Monitor legislative and regulatory developments affecting the financial services and retirement fund industries and advise stakeholders on compliance obligations. Conduct regular compliance audits and risk assessments to ensure adherence to legal and regulatory standards. Develop and implement compliance training programs for employees to promote awareness of regulatory requirements. Ensure that Salt EB maintains proper records and documentation in compliance with regulatory requirements. Act as a liaison between Salt EB and its outsourced compliance consultant (Moonstone), regarding compliance matters. Act as a liaison between Salt EB and regulatory bodies, such as the Financial Sector Conduct Authority (FSCA), regarding compliance matters. Assist in preparing reports for the Board, senior management, and regulators on compliance-related matters. Investigate compliance breaches and work with relevant departments to implement corrective actions. Support the due diligence process for clients and service providers to ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. Stay updated on industry best practices and emerging compliance risks related to the financial services sector and retirement fund administration. Qualifications & Skills Bachelor’s degree in law, Business Administration, Risk Management, or a related field. Registered Compliance Officer (FSCA approval) or relevant compliance certification (e.g., CPrac (SA), CProf (SA), or similar). Minimum 3-5 years of experience in compliance, risk management, or regulatory affairs within the retirement fund industry or financial services sector. Strong knowledge of South African financial services and retirement fund laws, regulations, and industry standards. Excellent analytical, problem-solving, and communication skills. Ability to work independently and provide strategic compliance advice to senior management. Proficiency in Microsoft Office Suite and compliance management systems. Experience working with retirement funds and financial services. Familiarity with King IV governance principles and risk management frameworks. Strong interpersonal skills to engage with stakeholders at various levels.

Compliance Officer position available in Gauteng, Johannesburg. This job position was posted by . The job has been posted on 2025-04-17 in the Accounting Finance category

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Posted in Jobs in Gauteng, Jobs in Johannesburg

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Johannesburg: Compliance Officer

Compliance Officer

Posted on 2025-04-17

Job Summary

Key

Responsibilities:

Regulatory Compliance & Accreditation (QCTO, SETA, EISA) Ensure full compliance with Quality Council for Trades and Occupations (QCTO) standards, including program accreditation and curriculum alignment. Liaise with Sector Education and Training Authorities (SETAs) for learner registrations, grant applications, and reporting requirements. Manages External Integrated Summative Assessments (EISA), ensuring adherence to assessment protocols and processes. Manage applications for accreditation, re-accreditation, and scope expansion with regulatory bodies. Keep updated on legislative changes affecting training and skills development Quality Assurance & Audits Develop and maintain compliance policies and procedures aligned with QCTO, SETA, and EISA requirements. Conduct internal audits and readiness assessments for external audits by SETA/QCTO/EISA. Ensure that learner records, assessment results, and training documentation comply with regulatory standards. Monitor adherence to learner tracking, workplace-based learning, and moderation requirements. Implement corrective actions from audit findings to maintain accreditation. Skills Framework for the Information Age (SFIA) Implementation Align training programs with the SFIA framework to ensure IT and digital skills meet global industry standards. Map training competencies and assessments to SFIA skills levels. Support the development of competency matrices for learners and trainers in line with SFIA guidelines. Stakeholder Engagement & Reporting Liaise with QCTO, SETAs, EISA, and other regulatory bodies on accreditation, funding, and compliance matters. Support training providers and facilitators in maintaining compliance with regulatory and curriculum standards. Prepare and submit required reports, learner enrollment data, and completion statistics to relevant authorities. Ensure transparent communication with funders, employers, and learners on compliance and certification processes. Risk Management & Continuous Improvement Identify potential compliance risks and implement proactive measures to mitigate them. Develop and deliver internal training sessions on compliance best practices for facilitators and administrators. Drive continuous improvement initiatives to enhance training quality, assessment integrity, and compliance efficiency. Qualifications & Experience: Degree/Diploma in Education, Training Management, Compliance, or a related field. Minimum 3-5 years of experience in training compliance, quality assurance, or accreditation processes. In-depth knowledge of QCTO, SETA, and EISA accreditation requirements. Familiarity with SFIA (Skills Framework for the Information Age) and its application in training programs. Experience in audit preparation, learner tracking systems, and accreditation applications Skills & Competencies: Strong understanding of skills development legislation (e.g., SDA, SDLA, NQF Act, QCTO policies). Excellent analytical, auditing, and documentation skills. Effective communication and stakeholder engagement abilities. Ability to manage multiple compliance projects simultaneously. Attention to detail and commitment to quality assurance. Key Performance Indicators (KPIs): Accreditation & Compliance: Timely renewal and maintenance of SETA/QCTO accreditation. Audit Readiness: Compliance score in internal and external audits. Learner Management: Accurate and timely submission of learner records. Stakeholder Satisfaction: Positive feedback from regulatory bodies and employers.

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