Compliance Officer

Hire Resolve is seeking a dedicated Compliance Officer on behalf of our client, a reputable financial services company specializing in wealth management and short-term insurance. This role is integral to ensuring regulatory compliance across both divisions, supporting a robust compliance culture, and managing compliance risks. The ideal candidate will have experience in financial services, particularly within the wealth and short-term insurance sectors, and will bring strong expertise in South African regulatory requirements. This is an excellent opportunity for a compliance professional to make a meaningful impact in a dynamic and growing organization.

Responsibilities

• Ensure compliance with FAIS, FICA, and the Short-Term Insurance Act.

• Monitor regulatory changes affecting wealth management and short-term insurance, advising on necessary adjustments.
• Assist in developing and implementing compliance policies and procedures for both divisions.
• Conduct compliance audits and monitoring activities to identify and address potential issues.
• Implement a structured monitoring plan and provide regular reports to the Head of Compliance.
• Perform risk assessments for wealth management and short-term insurance, implementing mitigation strategies.
• Provide compliance guidance to management and staff, ensuring understanding of regulatory obligations.
• Act as a compliance advisor on best practices for wealth management and short-term insurance.
• Develop and conduct compliance training sessions to promote awareness across both divisions.
• Keep staff informed about regulatory updates and compliance expectations.

• Serve as the primary regulatory liaison for both divisions, handling audits and inquiries.

Requirements

• Bachelor’s degree in Finance, Law, Risk Management, or a related field.
• Professional Compliance Certification (e.g., CPrac or equivalent) is advantageous.
• Minimum 3-5 years of compliance experience in the financial services industry, specifically in wealth management and/or short-term insurance.
• Extensive knowledge of South African regulations, especially FAIS, FICA, and the Short-Term Insurance Act
• Strong understanding of regulatory compliance in wealth management and short-term insurance.
• Excellent analytical and problem-solving skills with a focus on risk mitigation.
• High attention to detail and strong organizational skills.
• Effective communication skills for interacting with stakeholders and regulatory authorities.
• High ethical standards and an ability to promote a culture of compliance.

Benefits

• Salary: Negotiable

Contact Hire Resolve for your next career-changing move today

• Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
• You can also visit the Hire Resolve website: hireresolve.us or email us your CV: [email protected]
• Please use “Compliance Officer” as your subject line when applying via email

We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.