To support the Head: Compliance; Regulatory Services, Head: Financial Sector Conduct Regulation and Monitoring and Senior Regulatory Specialist: Financial Sector Conduct Regulation to discharge their responsibilities relating to compliance risk management as required by applicable regulatory requirements (laws) and to assist business units within the group to comply with laws.
Assist the Senior Regulatory Specialist to manage and maintain the operational requirements and timeous submissions of key individual reporting, exemption reporting, representative register reporting, DOFA checks, qualification checks, debarment notices and compliance officer returns.
Timeous and documented submissions to the relevant regulatory body
Assist Senior Regulatory Specialist to prepare advice to stakeholders on their responsibilities in respect of Financial Services laws in order to: protect the reputation of the group; avoid legal action against the group; promote a good working relationship with supervisors/regulators; prevent legal action against line management; and enable the group to demonstrate to regulatory authorities and other stakeholders that it is “fit and proper” to undertake its business
Responsibilities + Skills
Relevant tertiary legal qualification. Member of the Compliance Institute of South Africa preferably, admission as an attorney.Legal Degree
3-4 years : Comprehensive understanding of the regulatory and business operations of a bank. Understanding of legal principles and the ability to interpret laws. Understanding of compliance methodology.