Compliance Manager: Investment Administration & TPA | Rondebosch
Our client is a prominent South African investment administrator dedicated to meaningful transformation and operational excellence. They are currently seeking a highly skilled Compliance Manager to oversee and manage the compliance framework for both the business and a diverse range of administered products.
This role offers a unique blend of high-level oversight and hands-on operational involvement within a dynamic Third-Party Administration (TPA) environment.
Key Responsibilities:
Key Responsibilities:
- Maintain and evolve the compliance framework to ensure it remains practical and effective.
- Interpret regulatory developments (FAIS, FICA, CISCA, Pension Funds Act, POPIA, etc.) and ensure timely operational implementation.
- Lead engagements with the FSCA and other regulatory bodies, including inspections and submissions.
- Manage the AML/CFT framework and oversee due diligence (CDD/EDD) for clients, investors, and advisors.
- Provide direct involvement in high-risk cases and complex onboarding structures.
- Ensure effective implementation of FATCA and AEOI/CRS requirements.
- Embed compliance controls into TPA operations, investor servicing, and fund administration.
- Monitor outsourced and delegated functions to ensure service providers meet regulatory standards.
- Review high-risk transactions and provide guidance to operational teams.
- Prepare comprehensive reports for senior management and governance forums.
- Maintain risk registers, manage breach logs, and oversee incident remediation.
- Contribute to product governance and the onboarding of new investment structures.
- Manage and develop the Compliance team, providing coaching and performance support.
- Foster a strong compliance culture across the business through training and practical guidance.
- Experience: 6-10 years of Compliance and AML experience within Financial Services.
- Sector Expertise: Previous experience in TPA/LISP platforms, Asset Management, Retirement Fund Administration, or Life products.
- Leadership: Proven experience managing or supervising a compliance team.
- Qualifications: Relevant tertiary degree (Law, Commerce, Risk, or equivalent).
- Professional Status: FSCA-approved Compliance Officer (Category III) is essential.
- Technical Knowledge: Deep understanding of South African financial legislation (CISCA, FICA, FAIS, PFA) and risk-based monitoring methodologies.
- Integrity: High ethical standards and sound judgment.
- Analytical Thinking: Ability to translate complex legislation into seamless operational processes.
- Communication: Strong stakeholder engagement skills and the ability to influence at all levels.
- Agility: Comfortable operating in a fast-paced, highly regulated environment with strict attention to detail.
