COMPLIANCE FUNCTIONS:

 

Assist in monitoring compliance with applicable legislation and internal requirements.Fulfils Compliance functions required in terms of the FAIS legislations such as monitoring and reporting to the financial services provider and the FSCA when required.Identifies and assess compliance risk areas periodically and appropriately address findings through relevant and appropriate action plans processes. Escalate any concerns to business immediately.Assist with the proper establishment and maintenance of procedures on the identification, reporting and resolution of breaches and other compliance and regulatory issues.Maintain and update all legislative Registers bi-monthly.Track and monitor all representatives FSCA Deadlines and ensure compliance, Complete FSCA exemptions when required.Assist reps with completing Exemption applications. Oversee SBIB Supervision and conduct monthly meetings with the supervisors.Manage the PI Insurance/ Claims for projects and FSP. 

 

Key Individual FUNCTIONS: Long Term (Sub Cat - 1.1; 1.3; 1.22)

 

Stay up to date with legislation and FSCA board notices.Maintain the FSP’s legislative registers.Ensure the representatives remain Fit ad proper.Add and remove representatives on the rep register, update the rep register with reps status changes or sub category change.Create rep letters for all representatives.Create supervision agreements for representatives working under supervision and conduct monthly supervision.Ensuring the FSP maintains their Fit and Proper status, ensure all actions such as incentives align with the FAIS act.Debar representatives who are in contravention of the FAIS act.Manage the FSP relations with the Compliance practice, implement changes and policies brought to the FSP’s attention by the compliance practice.Manage and update the FSP’s policies such as the Complaints policy, FICA policy and Business continuity policy.Ensure all staff are trained on the GCOC, FICA, POPIA annually.HIGS And Financial Declaration to be completed by all staff annually.

 

PROJECT ONBOARDING:

 

Ensure that the content of the packs are completed as per the client requirements and that minimal back and forth is managed upfront.Liaise with the various FAIS teams of the client as well as the necessary EAW personnel to manage the sign off process of the Packs.Streamline processes to optimize efficiencies.

 

COMPANY AND CLIENT ENGAGEMENT:

 

Engage with Portfolio Managers and business leaders on compliance matters relating to all compliance matters.Support the designated business unit leaders in exercising their responsibility for oversight of compliance in their business units.Execute all other functions related to the compliance mandate as delegated by the compliance officer and Compliance Manager of the client where within mandate.