Junior Compliance Officer | Cape Town
Our client is seeking a dynamic individual to join their Compliance Unit in the role of Junior Compliance Officer. The successful candidate will be responsible for ensuring adherence to regulatory requirements, best practice guidelines, and internal policies.
Key Responsibilities:
- Support the Compliance Officer in fostering a culture of compliance.
- Ensure compliance with relevant laws and regulations, particularly FAIS, PPR, POPIA, FICA, and the Insurance Act.
- Conduct Compliance Monitoring and report on findings.
- Assist in presenting compliance reports to management.
- Maintain the Noncompliance Register and support with ad hoc compliance initiatives.
- Aid in regulatory reviews, inspections, and awareness training.
- Review and develop policies to reflect current legislative requirements.
- Implement and monitor an internal compliance framework.
- Maintain oversight over Binder holders, JR's, outsourced partners, and intermediaries.
- Interact with regulators on compliance matters and stay informed about legislative changes.
Requirements:
- LLB or BCom degree.
- Compliance Management Certificate or Postgraduate Diploma in Compliance preferred.
- RE 1 preferred.
- 2-3 years of compliance experience, with at least 1 year in a Life Insurance environment preferred.
- Strong knowledge of financial services legislation and proficiency in MS Office.
Competencies:
- Excellent communication skills.
- Team player with flexibility.
- Strong problem-solving abilities.
- Commitment to learning and development.
- Ethical integrity and attention to detail.
- Ability to work under pressure and independently.
