Supervisee Compliance Officer

Supervisee Compliance Officer

Location:                                             Johannesburg, Gauteng

Contract Type:                                  Junior Position / Internship

Appointment Date:                        November 2022 or as soon as available

Remuneration:                                 R 14 000, 00 – R 15 000, 00

Role Description

The successful applicant will be registered as a compliance officer under supervision with the Financial Sector Conduct Authority and be provided the opportunity to complete the statutory period under the supervision of a duly qualified and experienced compliance officer designated by the company Compliance. This will be an ideal position for a recent graduate who wants to pursue a career in the financial services regulatory compliance space.

The role will provide a practical internship, during which the applicant will receive on the job training and mentorship in the provision of outsourced compliance and risk management services to clients in the financial services industry. The applicant will be required to assist the supervising compliance officer in executing their statutory duties. Duties will include risk identification and management, monitoring, research, and administrative support functions to mitigate the risk of non-compliance with legislation and regulations.

Job Specification

• Assist with identifying legislative risks and improving compliance awareness through risk identification, stakeholder engagement and creating mitigation and monitoring strategies to effectively scope and manage the broader regulatory risk environment.
• Assist with developing, implementing and maintaining risk and compliance documents, policies and procedures.
• Assist with the establishment and maintenance of procedures on the identification, reporting and resolution of compliance and regulatory issues.
• Assist in monitoring compliance with applicable legislation, industry developments and internal procedures.
• Conduct physical and electronic audits on clients as directed.
• Collate data and create reports in the format provided within timeframes provided.
• General client correspondence, notifications, legislative references and queries.
• Escalation of identified breaches to management.
• Liaise with clients and industry role players.
• Research as directed by the appointed Supervisor.
• Timeous achievement of supervision milestones as per supervision plan in order to facilitate self-directed growth.

Skills and Attributes

Ability to read legislation, familiarity with legal terminology, work independently, function under pressure, professional presentation and approach, detail orientated, high ethical standards, a desire to learn and the ability to work to strict deadlines

Minimum Requirements

• Completed Law / Commerce / Investment degree; that has been recognised by the FSCA.
• Advantageous: 1 - 2 years’ working experience, preferably in a legal, compliance or financial environment
• Advantageous: Any background in the financial services industry and legislation (FAIS, FICA, LTIA, STIA, FMA, etc.)
• Computer literacy: Microsoft Office (Word, Excel & Outlook)
• Fluent and proficient in English; with Afrikaans being a distinct advantage.
• Must be task-oriented, be presentable and self-motivated.
• Valid driver''s license and own transportation is essential as the position will require you to attend meetings at clients’ offices.
• Preference will be given to AA / EE applicants

Closing date for applications: 31 October 2022

Only suitable applicants will be contacted. Should you have not received a response by 11 November 2022, please consider your application unsuccessful.

Application Instruction:

Email CV in a Word format together with a cover photograph (head and shoulders) to and