Compliance/Compliance Officer_Market Conduct

BANK OF TAIWAN SOUTH AFRICA BRANCH; Johannesburg; On-site; ZAR 30 000 - 60 000; Full time

Job summary

An established industry player is seeking a Compliance Officer to assist in ensuring adherence to regulations and best practices in customer treatment. This entry-level role involves developing compliance programs, monitoring transactions, and providing guidance on regulatory matters. The ideal candidate will have a Bachelor's degree in a relevant field and at least 2 years of experience in compliance or financial services. Join a dynamic team dedicated to maintaining ethical standards and fostering trust with customers. If you are detail-oriented and possess strong analytical skills, this opportunity is perfect for you.

Qualifications

• 2+ years of experience in compliance or regulatory affairs.
• Strong understanding of financial services regulations.

Responsibilities

• Develop and implement compliance programs and policies.
• Monitor transactions and assess compliance issues.

Skills

Regulatory Compliance

Risk Assessment

Analytical Skills

Communication Skills

Microsoft Office Proficiency

Education

Bachelor's Degree in Law

Bachelor's Degree in Finance

Bachelor's Degree in Business

Bachelor's Degree in Economics

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Compliance / Compliance Officer - Market Conduct

Direct message the job poster from BANK OF TAIWAN SOUTH AFRICA BRANCH

To assist the Chief Compliance Officer in ensuring:

• that the branch adheres to regulations and best practices related to the fair treatment of customers in its products and services offerings.
• that employees maintain good ethical conduct at all times in the discharge of their duties towards customers.
• the branch operates in a fair, transparent, and ethical manner, maintaining the trust of customers and avoiding regulatory penalties.

Key Responsibilities

1. Understanding and Applying Regulations: Stay abreast of relevant laws and regulations, including those related to market conduct, consumer protection, and financial services.
2. Developing and Implementing Compliance Programs: Create and maintain policies, procedures, and training programs to ensure adherence to regulations.
3. Monitoring and Assessing Compliance: Review business processes, monitor transactions, and identify potential compliance issues.
4. Advising on Compliance Matters: Provide guidance and recommendations to the business on how to comply with regulations and mitigate compliance risks.
5. Reporting and Communication: Prepare reports on compliance efforts and any identified issues and communicate with internal stakeholders and regulators.
6. Investigation and Resolution of Compliance Breaches: Investigate potential compliance breaches and work to resolve them, taking appropriate corrective actions.

Minimum Qualifications

• Bachelor's Degree: A degree in a relevant field such as Law, Finance, Business, Economics.
• Experience: At least 2+ years' experience in compliance, conduct risk, regulatory affairs, or financial services.

Additional Skills and Knowledge

• Experience in identifying, assessing, and mitigating risks.
• Knowledge of Financial Services and Regulatory Frameworks, including Market Conduct legislative requirements, FAIS TCF Outcomes, Conduct Standards for Banks, and an understanding of the Conduct of Financial Institutions Bill.
• Familiarity with regulators (e.g., FSCA, SARB, FIC).
• Strong analytical and problem-solving skills.
• Excellent communication and investigative skills.
• Attention to detail and integrity.
• Ability to handle confidential information with integrity.
• Excellent report writing skills.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint).

Additional Information

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance
• Industries: Banking