Administrator Compliace Support

Discovery Limited; Johannesburg; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading company focused on health enhancement is seeking a Compliance Support Administrator. This role involves providing administrative support to the compliance department, ensuring the accuracy of representative registers, and conducting vital checks on representatives. Ideal candidates will have a Law Degree and compliance experience in financial services, alongside excellent communication and analytical skills.

Qualifications

• Degree in Law required.
• Working experience in financial services compliance role preferred.

Responsibilities

• Administer compliance support, maintain representative registers.
• Conduct pre-employment compliance checks.
• Liaise with vendors regarding qualifications checks.

Skills

Listening skills

Communication skills

Time management

Attention to detail

Problem solving

Education

Law Degree

RE 5

Job description

Job Profile Title

Compliance Support Administrator | Staff

Discovery Track

Specialist Track

Discovery Job Level

Staff

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating to not only achieve financial success, but to ignite positive and meaningful change within our society.

Job Description

The FAIS Centre of Excellence is a compliance function within Group Compliance that provides compliance oversight and advice to Discovery FSPs, Key Individual and Representatives.

The purpose of this role in the FAIS Centre of Excellence is to provide administrative support to the compliance department and business as well as creating and maintaining the Representative Registers for all Discovery FSP’s.

Key Outputs / Job Responsibilities may include but are not limited to:

• Conducting Pre-Employment for representatives
• Compiling Viabilities for representatives after all required documentation has been received
• Analysing feedback received for Credit, Criminal, Sequestration, Qualification, World Sanction, Trust Index, Raptor, Debarment, Paradigm, CMS and FSCA checks
• Liaising with various external vendors regarding Credit / Qualification checks (MIE & FSCA)
• Communicating to business and provide feedback on Pre-Employment
• Attending to general queries and provide feedback to business
• Adding of representatives at the FSCA and on Digiboard (Onboarding)
• Removing of representatives at the FSCA and Digiboard (Resignations)
• Adding and removing of categories on Digiboard and at the FSCA
• Requesting to open/close/suspend commission code for Reps according to registrations at FSCA
• Checking and processing Supervision Sign offs
• Supervision updates
• Analysis and updating of all competency requirements on representatives
• Conduct investigations related to representatives’ profiles and provide feedback to Business
• Transfers
• Personal updates
• Updating of CMS accreditation
• Send and follow up exemption applications to the FSCA
• Ensure information and documentation on Digiboard is updated including debarment notifications, annual attestations etc
• Manage and maintain work pool to prevent cases from going out of SLA

Job / Role Requirements

Work Experience

Required

Working experience in a financial services compliance role and understanding of legislation is preferable

Education / Qualifications / Accreditations with Professional Body

Required

Law Degree

Preferred (would be advantageous)

RE 5

Technical Skills or Knowledge

Gained through formal/informal education or experience and involves the application of techniques or methodologies . Define the level of skill required for the role

Required

Skills

*Level: Basic, Intermediate, Advanced, Expert

• Strong listening and communication skills
• Work independently and as part of a team when required
• Support management in achievement of team objectives as well as the Centre of Excellence’s objectives
• Efficient time management skills, including quick turnaround time on work
• Attention to detail
• Knowledge of Business Procedures, Rules, Processes and Controls
• Accountability
• Pro-active
• Problem solving
• Discerning

Advanced

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.