Compliance Administrator - FTC

Discovery; Johannesburg; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading financial services firm in Johannesburg is seeking a Compliance Support Administrator to provide administrative support for compliance functions. The role involves conducting Pre-Employment checks, maintaining compliance documentation, and liaising with various vendors. Ideal candidates hold a Law Degree and have strong communication skills. This is a 6-month fixed-term contract position.

Qualifications

• Working experience in a financial services compliance role is preferable.
• Understanding of legislation relevant to the role.

Responsibilities

• Conduct Pre-Employment checks for representatives.
• Compile Viabilities after required documentation is received.
• Liaise with external vendors regarding checks.

Skills

Strong listening and communication skills

Efficient time management skills

Attention to detail

Problem solving

Ability to work independently

Education

Law Degree

RE 5

Job description

Compliance Support Administrator | Staff 6 Month Fixed Term Contract

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.

About the Department

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.

About the Role

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

• 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

Qualifications & Work Experience

• Law Degree
• RE 5
• Working experience in a financial services compliance role and understanding of legislation is preferable

Technical Skills or Knowledge

• 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

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.