Compliance Manager

About the position

Reporting to the Head of Compliance, the successful candidate will be responsible for ensuring the organisation's adherence to applicable legislation and regulatory requirements, with primary focus on Anti-Money Laundering, CRS, FATCA compliance and Data Protection.

Responsibilities include:

• Engaging with senior stakeholders, advising on, monitoring, and reporting on compliance related issues
• Functioning as the Money-Laundering Reporting Officer
• Ensuring compliance with and advising on local and international financial crime regulations including AML, CFT, sanctions, anti-bribery laws within the South African and applicable foreign regulatory landscape, CRS, FATCA and Data Protection
• Providing expert advisory to the business on compliance risks and obligations to ensure alignment with FSCA, PA, Information Regulato rand FIC expectations
• Monitoring and interpreting legislation and regulatory changes related to AML, Data Protection, FATCA/CRS, and advising relevant business areas accordingly
• Proactively assisting the business in implementing new and/or amended regulatory requirements
• Leading a small team, overseeing and driving deliverables and developing the team
• Maintaining and updating the RMCP where necessary
• Drafting, maintaining and enhancing Compliance Monitoring Plans ("CMPs")
• Determining the amount, frequency and type of monitoring needed
• Drafting, maintaining and enhancing Compliance Risk Management Plans
• Monitoring relevant legislation/ internal rules and/ or policies impacting the business
• Drafting and submitting status, committee and/ or Board reports
• Tracking instances of non-compliance
• Interacting with regulators, industry bodies and internal/ external stakeholders

Requirements:

• Minimum of 8 years Financial Services experience, specifically Investment Management is preferable of which the past 5 years has been with a focus on anti-money laundering compliance with local and international financial crime regulations including AML, CFT, sanctions and anti-bribery laws
• Hands-on knowledge of and experience with CRS, FACTA and Data Protection legislation, together with practical application thereof is highly advantageous
• Compliance Professional registered with the Compliance Institute of South Africa is preferable
• Proficient knowledge of the Financial Intelligence Centre Act, Guidance Notes and Public Compliance Communications (PCCs), and the ability to apply foreign AML legislation
• Working knowledge of legislation relating to CRS, FATCA and POPIA
• Exposure to FAIS, Long-Term Insurance Act, Insurance Act, CISCA and the Pension Funds Act is advantageous

Desired Skills:

• Compliance
• Anti Money Laundering