Key Individual - FAIS/Compliance

Purpose of the job:

Qualified Key Individual to manage and oversee the FAIS and sales related activities of the FSP

Key Stakeholders:

Internal

CEO, Regional and Area Managers, Branch Operations, IT, HR, Compliance

External

FSCA, External FAIS Compliance Officer and Training Service Provider

Outputs / Responsibilities:

1

Manage and oversee the FAIS related and sales activities of the FSP and ensure operational ability is maintained.

2.

Supervision of the Reps.

3

Provide sound advice and support to business on relevant Compliance risks.

4

Monitor and evaluate internal FAIS programmes and policies and recommend improvements where required.

5

Conduct Fieldwork (most online and some external) to identify and document risks and controls, and assist with corrective actions where required

6

Ensure correct and appropriate processes were implemented in line with the principles of TCF

7

Not only maintain own CPD hours diligently but also monitor same for Reps.

8

Maintain Rep register.

9

Liaise with management regarding monitoring findings and recommended solutions

10

Cultivate and manage positive working relationships with FSCA and submit relevant reports timeously

11

Draft and maintain Compliance trackers where required.

Competencies:

Strategic thinking

Stakeholder orientation

Operational ability

Customer centricity

Results-orientation

Effective communication

Self-driven

Team orientation

Decision Making

Time-management

Change facilitation

Leadership

Qualification Requirements:

RE1 and RE 5 registered Key Individual.

Compliance qualification an added advantage

Experience

Working knowledge and experience of FSCA/FAIS in the microlending / insurance / financial services industry.

Knowledge and experience of NCA, POPI and AML an added advantage

Must be able to communicate in Afrikaans