FAIS Compliance & Diligence Specialist

Discovery Limited; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Discovery Group Compliance – FAIS Centre of Excellence is hiring a compliance professional to assess the quality of financial advice and ensure regulatory adherence across Discovery FSPs and Representatives. The role emphasises identifying regulatory and conduct risks and delivering actionable assessment reports.

You will partner with distribution stakeholders, stay updated on FSCA guidance, and contribute to training to uplift advice quality and compliance standards.

Qualifications

• 3 years of working experience in a financial services compliance role.
• Relevant tertiary education and a recognised compliance qualification.
• Member of CISA; FPI would be advantageous.

Responsibilities

• Conduct quality of advice assessments to evaluate compliance with FAIS requirements, regulatory standards, and TCF principles.
• Assess suitability and completeness of financial advice and identify compliance risks and required corrective actions.
• Prepare clear assessment reports with findings and recommendations for Compliance Officers and management.
• Monitor implementation of corrective actions and escalate significant breaches and risks.
• Build relationships with Key Individuals, representatives, management, and stakeholders to support a culture of compliance.
• Suggest improvements to advice processes, controls, and systems to enhance compliance.

Skills

FAIS knowledge

Regulatory analysis

Report writing

Stakeholder management

Attention to detail

Communication skills

Education

Tertiary education

Compliance qualification

CISA/FPI membership advantageous

Job description

Discovery Group Compliance – FAIS Centre of Excellence is hiring a compliance professional to assess the quality of financial advice and ensure regulatory adherence across Discovery FSPs and Representatives. The role emphasises identifying regulatory and conduct risks and delivering actionable assessment reports.

You will partner with distribution stakeholders, stay updated on FSCA guidance, and contribute to training to uplift advice quality and compliance standards.