Dynamic and strategic compliance professional required to drive legal, compliance and operational risk within a boutique advisory firm.
Ideal for a high performance leader who can influence stakeholders and the industry .
Key compliance responsibilities include but are not limited to :
Assist in developing, promoting, implementing and maintaining compliance standards and procedures that enable employees to act in a compliant manner.
Overseeing and monitoring the implementation of the compliance program.
Identify potential areas of compliance vulnerability and risk and develop and implement corrective action plans for resolution and future prevention;
Establish and maintain procedures on the identification, reporting and resolution of breaches and other compliance and regulatory issues.
Monitoring compliance with all applicable legislative requirements.
Developing, coordinating, and participating in a multifaceted educational and training program that focuses on the elements of the compliance program, and seeks to ensure that all appropriate employees and management are knowledgeable of, and comply with, regulatory and internal policy requirements.
Reporting on, and discussing non-compliance issues with management.
Providing compliance opinions.
Liaising with, and responding to relevant regulators.
Ensure all regulatory deadlines are timeously met.
Advise management, employees and clients on all compliance and regulatory matters that affect business decisions.
Analyze proposed new legislation, comment to the applicable persons, inform and comment to the applicable employees.
Assist with other operational areas of the business from a compliance perspective.
Co-ordination of compliance activities throughout various business areas and management of centralized compliance activities.
Nurturing positive compliance relationships internally and with the relevant regulatory authorities by being the primary point of regulatory contact.
Risk analysis of existing and pending legislation and drafting risk management plans.
Analysis of impact of non-compliance and recommendations for remedial action.
Participation in industry compliance initiatives.
Key legal responsibilities include but are not limited to :
Reviewing, drafting and / or negotiating agreements relating to various commercial activities in the field of, but not limited to, capital markets and investment services and products.
Drafting legal opinions and providing legal advice on various commercial activities in the field of, but not limited to, capital markets and investment services and products.
Review and provide legal advice on tender documents.
Liaise with relevant departments to ensure that where legal risks have been identified, appropriate courses of action have been taken.
Provide legal protection and risk management advice to management especially on contract management.
Provide and interpret legal information, conduct training and disseminate appropriate legal requirements to staff.
Review progress of outstanding litigation and liaise with and manage external lawyers.
Qualifications / Minimum requirements :
Postgraduate LLB degree or equivalent and undergraduate BCom or equivalent i.e. BCOM LLB ;
Admitted Attorney an additional advantage
JSE Equities Compliance Officer
JSE Derivatives Compliance Officer
Interest Rate Market Compliance Officer
8 to 10 years working experience of which at least half must be in a compliance environment.
Work experience must be within the Financial Services Industry, preferably within a global markets and investment banking environment.
Computer proficiency in MS Office suite
Must have knowledge of capital markets, fund management and investment products and services.
Experienced in implementing and monitoring the application of the JSE Rules and Directives and FAIS.
Exposure to Financial Advisory and Intermediary Act, Financial Intelligence Centre Act, Securities Services Act and the Financial Markets Act
Commercially savvy person who can work in close alignment with the objectives and strategy of a cutting edge business.
Ability to work with ambiguity and to develop creative, commercially viable solutions to business problems.
Analytical ability and able to communicate complex issues clearly and concisely.
Strong facilitation / negotiation / influencing skills.
Ability to work under time and resource constraints, including managing conflicting priorities.
Excellent written and verbal skills with above average drafting ability.
The ability to communicate complex messages simply to a variety of people at different levels.
High levels of dedication & commitment.
Attention to detail with a big picture mentality.
Ability to work independently as well as in a team
Self-starter with an attitude of excellence
This job description is not conclusive of the incumbents duties, hence should not be a limitation as the employee is expected to take instruction from the employer from time to time.