Pretoria: Compliance Officer posted by Numeral Financial Services Group

About the Role

Numeral Financial Services Group is seeking a highly skilled Compliance Officer to join our team. As the custodian of Company compliance, you will play an integral part in ensuring risk is mitigated within the Financial Services Provider space. With a strong attention to detail and excellent communication skills, you will be responsible for implementing and enforcing business compliance programmes, managing awareness of regulatory frameworks, and providing coaching and feedback where needed.

Key Responsibilities

• Implement and enforce business compliance programmes
• Maintain awareness of regulatory framework and specific obligations within Financial Advisory and Intermediary Services (FAIS) Act, code of conduct, and requirements
• Consult on an ongoing basis with Operational managers to ensure conformance with applicable laws and regulations
• Manage, oversee, and monitor Financial Advisory and Intermediary Services (FAIS) compliance to ensure that representatives comply with all financial soundness requirements, license conditions, and annual levies
• Perform statistical sampling and monitoring
• Maintain register of representatives and inform Registrar of any changes
• Control Anti-Money Laundering and Anti-Money Laundering Foreign Account Tax Compliance Act (FATCA) regulations
• Analyse received documents and interact with the Office Manager to advise if received documents are acceptable
• Ensure compliance with and oversight of ongoing statutory regulatory requirements
• Monitor and validate investor files, technical and documentary support to investor teams, update operational procedures, and participate in compliance committees
• Develop, initiate, maintain, and revise policies and procedures for the general operation of regulatory compliance
• Identify potential areas of compliance vulnerability and risk, develop and implement corrective action plans for resolution of problematic issues, and provide general guidance on how to avoid or deal with similar situations in the future
• Provide Compliance reports to Management to mitigate risk and assess success
• Ensure effective risk management and internal control for area of responsibility

Requirements

• Ability to apply self-confidence and self-regulation
• Trustworthiness and conscientiousness by taking responsibility for personal performance
• Loyalty toward the organisation
• Commitment by aligning with organisational goals
• Ability to apply assertiveness
• Attention to detail
• Controlled decision-making process
• Confidentiality and time management/prioritising
• Planning and scheduling workability to manage projects and processes
• Listening and organising ability to understand, organise, analyse, and respond appropriately
• Communication skills by remaining professional and applying effective communication in all areas
• Flexibility relating to work dealings, assist when required even if it’s not in your job description
• Enthusiasm for learning and self-improvement
• Ability to work accurately and effectively in a highly pressurised environment
• Unrivalled analytic ability
• Accountability and team player

Qualifications

(No qualifications mentioned in the original job description)

Salary & Benefits

(No salary or benefits information mentioned in the original job description)