Specialist : CIS Administration

Nedbank Private Wealth; Johannesburg; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading financial services provider is seeking a Compliance Specialist for their Collective Investment Scheme to ensure adherence to regulatory obligations and manage compliance risks. The ideal candidate will hold a Bachelor's degree and a postgraduate qualification, with 2-5 years of relevant experience. This full-time role includes building strategic partnerships and conducting audits in Johannesburg.

Qualifications

• 2-5 years of experience in the South African collective investment scheme or trustee environment with a strong focus on compliance.
• Strong understanding of Financial Accounting Principles and client service management.

Responsibilities

• Ensure compliance with regulatory and fiduciary obligations.
• Build strategic relationships with the client service team and stakeholders.
• Conduct service provider reviews and compliance monitoring.

Skills

Sales Experience

Customer Service

Communication skills

Education

Bachelors degree in law, Commerce, Financial Management or related field

Postgraduate qualification in Compliance Risk Management or Financial Services Regulation

Tools

Microsoft Word

Microsoft Outlook Calendar

Job description

Job Purpose

Job Purpose

The Specialist : Collective Investment Scheme (CIS) Compliance is responsible for overseeing and ensuring the compliance with all regulatory and fiduciary obligations under the applicable CIS Pension Fund and Companies Act legislation. This role ensures that all Funds are monitored and reviewed in accordance with applicable laws, trust deeds, and industry best, maintain and build strategic partnerships with the Financial Sector Conduct Authority (FSCA) and the client.

Responsibilities

• Client services.
• Stay abreast of developments in field of expertise.
• Knowledge sharing with team members.
• Analyse new legislation and provide comments to relevant parties (internal and external).
• Compliance monitoring and breach management in terms of identification, reporting and resolution.
• Reporting to key stakeholders.
• Analyse Hedge Fund Risk reports.
• Develop and maintain trustee department procedures and processes in line with applicable legislation.
• Adhere identify, assess and mitigate compliance and operational risks related to the compliance role.
• Ensure that service level directives are met.
• Build strategic relationships between the client service team and other stakeholders.
• Resolve exceptions that arise by taking appropriate action to minimise risk.
• Ensure that trustee fees are collected in accordance with the applicable process.
• Support regulatory reviews and audits by ensuring access to accurate up-to-date compliance records.
• Collaborate with operational departments to provide appropriate client solutions.
• Represent the trustee in relevant industry forums and provide regulatory updates to stakeholders.
• Conduct service provider reviews.
• Understand and embrace the Nedbank vision and values leading by example.

Essential Qualifications - NQF Level

• Bachelors degree in law, Commerce, Financial Management or related field.
• Postgraduate qualification in Compliance Risk Management or Financial Services Regulation.

Minimum Experience Level

2-5 years of experience in the South African collective investment scheme or trustee environment with a strong focus on compliance.

Technical / Professional Knowledge

• Financial Accounting Principles
• Change management
• Principles of project management
• Business administration and management
• Management information and reporting principles tools and mechanisms
• Service level agreements
• Consumer behaviour
• Client service management
• Diversity management

Behavioural Competencies

• Customer Focus
• Communication
• Earning Trust
• Coaching
• Delegation and Empowerment
• Building Partnerships

Key Skills

• Sales Experience
• Crane
• Customer Service
• Communication skills
• Heavy Equipment Operation
• Microsoft Word
• Case Management
• OSHA
• Team Management
• Catheterization
• Microsoft Outlook Calendar
• EHS

Employment Type

Full Time

Experience

Unclear Seniority

Vacancy

1