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.