Regulatory Compliance Monitoring Officer

SUMMARY:
Our Client, in the prominent brand in the Financial Services Industry, is seeking to employ a Regulatory Compliance Monitoring Officer to their team based in Sandhurst, Johannesburg.

Purpose of role:
Will be responsible for ongoing monitoring of Category I and II advisory and investment activities within the business. This includes ensuring adherence to regulatory requirements, advice quality standards, and internal risk frameworks.

The role will play a critical part in identifying and mitigating compliance risk across both advice and discretionary investment functions, contributing to sustainable, ethical, and regulatory-compliant business practices.

POSITION INFO:
Requirements:

• Grade 12 / Matric 
• Relevant degree (law, finance, or compliance) (required) 
• Minimum of 3 years’ compliance monitoring experience in a risk or compliance role in a category I and 
  II financial services provider environment.
• Computer literate and must be proficient in MS Office (required)  
• Post graduate compliance or risk management qualification (advantageous)  
• CISA CPrac or CProf Designation (advantageous) 
• Knowledge of advice monitoring, compliance frameworks, and investment mandate oversight.
• Knowledge of discretionary investment processes and TAA monitoring. 
• Knowledge of CAT II investment management, including 80/20 variance monitoring and mandate 
  validation. 
• Knowledge of the requirements, implementation, application and monitoring of FAIS, FICA and 
  Collective Investment Schemes Control Act. 
• Knowledge and understanding of legal principles and ability to interpret legislation. 
• Knowledge and understanding of compliance risk management principles. 
• Experience with managing audit findings.

• Conduct ongoing monitoring of advice and discretionary investment services to assess compliance 
  with FAIS, internal policies, and client mandates. 
• Review CAT II investment activities to confirm mandate alignment, investment limits, and appropriate 
  governance. 
• Monitor compliance with agreed investment strategies (including mandate thresholds and variance 
  reports). 
• Ensure advice and investment practices reflect Treating Customers Fairly (TCF) outcomes. 
• Analyse advice monitoring results and escalate areas of concern. 
• Identify, investigate, and document potential compliance breaches or irregularities. 
• Support the development and maintenance of a regulatory compliance monitoring plan aligned to 
  group frameworks. 
• Provide guidance to Financial Planning Partners, Business Development Managers, Para-planners, 
  and Operations Managers on compliance and advice quality requirements. 
• Participate in relevant compliance and advice risk committees. 
• Maintain compliance records, reports, and procedural documents. 
• Assist in preparing reports for Key Individuals, governance forums, and regulatory reviews.