Regulatory Compliance Consultant

Sygnia Asset Management; Cape Town; Sur place; ZAR 600 000 - 900 000; Plein temps

Résumé du poste

Sygnia Asset Management is seeking a Regulatory Compliance Consultant to support the Upfront Compliance Entity for the LISP and related retail products, in line with FICA, FATCA and internal policies.

You will perform onboarding verifications, monitor PEPs and Adverse Media, coordinate with Client Relationship Managers, and maintain detailed case notes while raising process improvements.

The ideal candidate has a BComLaw or LLB, 3–5 years in a LISP environment, and strong MS Word/Excel skills.

Qualifications

• Bachelor level degree in law or compliance required
• Experience onboarding clients and knowledge of entity and institutional onboarding
• 3–5 years in LISP environment administration preferred
• Knowledge of LISP, CIS, institutional clients and employee benefits onboarding is advantageous

Responsabilités

• Perform upfront compliance of new investments including verification (FICA/FATCA)
• Monitor Politically Exposed Persons and Adverse Media for new relationships
• Collaborate with Client Relationship Managers to obtain onboarding documentation
• Maintain detailed notes and follow up on outstanding requirements
• Work with administration and client service teams to ensure smooth onboarding
• Identify process gaps and report to management
• Adhere to policies, standards, and risk and compliance training
• Maintain confidentiality and security of data

Connaissances

Onboarding experience

LISP environment

CIS knowledge

Institutional clients

Employee benefits onboarding

Formation

BComLaw / LLB

Outils

MS Word

MS Excel

Description du poste

This position is for a Regulatory Compliance Consultant within our Upfront Compliance Entity team. The role would entail Entity Upfront Compliance for the Linked Investment Service Provider (LISP) and its related retail products, as well as other Sygnia Business Units, in line with the Financial Intelligence Act regulations, related legislation and internal Sygnia policies.

DUTIES AND DAILY RESPONSIBILITIES:

• Working in a LISP and institutional/corporate environment.
• Upfront compliance of all instructions which includes FICA and FATCA verification for all new investments.
• Daily monitoring of Politically Exposed Persons and Adverse Media clients to ensure that all requirements are met before a relationship is established with new clients.
• Work closely with Client Relationship Managers to obtain any outstanding documentation require to onboard clients.
• Responsible for maintaining detail notes on all cases assigned and regular follow up for any outstanding requirements.
• Collaboration between the administration team and the Client Service Team.
• Maintain a good internal department relationship to ensure that you get the maximum support collaboration.
• Identify gaps in processes and report this to the Head of Retail and Retail Manager.
• Understand and adhere to the appropriate policies, standards and procedures applicable to the role.
• Understand and manage risks and risk events relevant to the role and immediately report any findings to the Retail Manager for discussion and resolution (FICA and FATCA).
• Facilitate that all timing standards are maintained and that you report anomalies to the Admin Team Leaders to investigate.
• Maintain a healthy team spirit by assisting peers where needed

RISK & COMPLIANCE:

• Adhere to all Sygnia policies.
• Report any possible concerns about conduct or unfair treatment of customers to Compliance.
• Report any suspicion that a client, investor, or employee may be involved in money laundering, fraud or any other crime to Risk and Compliance.
• Be alert to possible risk and compliance issues within the general business.
• Report any possible and actual breaches, errors, or complaints to Risk and Compliance.
• Ensure best practice is followed to maintain confidentiality and security of all company data, client data and property.
• Ensure regulatory, client, and other corporate records are maintained.
• Ensure timely completion of all risk and compliance training.

ROLE QUALIFICATIONS AND EXPERIENCE:

• BComLaw, LLB or equivalent undergraduate degree /diploma in compliance.
• Experience in client on boarding and compliance with a strong knowledge of Entity and Institutional on-boarding would be preferable.
• At least 3-5 years’ experience in the Linked Investment Service Provider (LISP) environment administration is preferable.
• Experience in LISP, Collective Investment Schemes, Institutional clients, employee benefits on-boarding industries is an advantage.
• Strong working knowledge of word processing, and spreadsheets (MSWord, Excel).
• The candidate must have a good knowledge of all products in both discretionary and contractual pension products.
• Attention to detail, with a sense of urgency, is a strong requirement.

COMPETENCIES REQUIRED:

• Strong organisational skills – a passion for getting things done quickly and correctly.
• Strong attention to detail to ensure work is done right the first time.
• Ability to work well and accurately under pressure.
• Ability to work both within a team and individually.
• Be a self-starter and must be proactive in taking ownership for their own learning and career development.
• Be discreet, professional and well-spoken.
• Ability to manage multiple projects while prioritizing work assignments.