Compliance Administrator

Asi Financial Services; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A financial services company in Gauteng is seeking a Group Compliance Administrator to manage compliance records, update registers, and monitor client files. The ideal candidate has at least 1 year of experience in compliance, understands FAIS and FICA, and possesses strong organizational skills. This role offers a market-related salary and remote work one day a week.

Benefits

Market related salary

Provident Fund benefit

Gap Cover benefit

Work from home one day a week

Qualifications

• At least 1 year experience in a compliance environment in the financial services industry.
• Understanding of FAIS and FICA requirements.
• Experience with the FSCA, FIC, and CMS online processes.

Responsibilities

• Record keeping and filing.
• Updating and maintaining Compliance, CPD, and Competency Registers.
• Management of relationship with Product Suppliers.
• Compliance transactional monitoring of client files.

Skills

Attention to detail

Planning and Organising

Excellent Excel skills

Strong PowerPoint abilities

Word proficiency

Education

FSCA recognised qualification, B-degree in Law or LLB

High School (matric)

Tools

PowerBI

Job description

Overview

ASI Financial Services, a leading Level 1 BBBEE Intermediary in the Financial Services Industry, has a position available for a GROUP COMPLIANCE ADMINISTRATOR. The Group Compliance Administrator will form part of the Risk, Legal and Compliance department and the greater Business Enablement Department and will report to the Executive : Risk, Compliance and Legal.

Key Responsibilities and Accountability

• Record keeping and filing
• Updating and maintaining Complaints, CPD, Conflicts of Interest and Competency Registers
• Profile changes with the FSCA
• Setting up training, compiling training registers and managing same
• Onboarding of new representatives
• Completion of FSCA Profile changes
• Updating and managing details with FSCA, FIC, CMS and IR
• Assist in reports to FIC and managing all projects relating to reporting to FIC
• Compliance transactional monitoring of client files in terms of FAIS and FICA requirements
• Management of relationship with Product Suppliers including completing application forms, updating details with Supplier, ensuring agreements are vetted, signed and returned and general Supplier due diligence
• Conducting MIE Checks for employees
• Organise department operations and procedures and co‑ordinating with other departments especially Human Resources to ensure compliance
• Assist representatives with Fit and Proper training specifically the registration and applications with training institutions as well as oversight of timeliness completion
• Vetting of contracts received from third parties and peer review of internal contracts and policies
• Drafting of basic agreements such as SLA's and NDA's
• Miscellaneous compliance and legal administration duties

Qualifications, Competence & Experience

• FSCA recognised qualification, B‑degree in Law or LLB advantageous
• At least 1 year experience in a compliance environment in the financial services industry for a category I financial services provider (non‑negotiable)
• Understanding of FAIS and FICA specifically around Fit and Proper requirements, profile changes and KYC requirements (non‑negotiable)
• Experience with the FSCA, FIC and CMS online processes – specifically around profile changes, renewals and applications (non‑negotiable)
• Understanding of LTIA, STIA, PPR rules, PFA and POPIA – advantageous
• Excellent Excel, PowerPoint and Word abilities
• PowerBI experience advantageous
• Planning and Organising
• Attention to detail
• Adherence to deadlines
• Ability to work under pressure

What we offer

• Market related salary, dependent on experience and skills
• Provident Fund benefit
• Gap Cover benefit
• Work from home one day a week
• The company has a variety of exciting social gatherings throughout the year
• Potential to be upskilled into a Junior Compliance Officer role

How to Apply

Interested candidates are invited to submit your resume and a motivational letter on why you would be a good fit for the role by 22 September.

• Please include "Compliance Administrator" in the subject line. We look forward to hearing from you
• Job Types : Full-time, Permanent
• Application Question(s) : What is your salary expectation for this role?

Education

High School (matric) (Required)

Experience

Compliance administration : 1 year (Required)

FSCA, FIC and CMS online processes

1 year (Preferred)

License / Certification

Compliance / legal certification / qualification (Required)

Work Location

In person