- Western Cape
- Salary: Market Related
- Job Type: Permanent
- Sectors: Insurance Investment Finance
- Reference: JSE Risk and Compliance Officer | Cape Town
Vacancy Details
Employer: The Recruitment Council
This role is responsible for ensuring compliance with all applicable legislation, including JSE and A2X Exchange Rules & Directives, and supporting the Board in adherence to internal policies and procedures.
Key Requirements:
- Successful completion of JSE Equities and Derivatives Compliance Officer exams
- Completion of SAIFM RPE exams, including Introduction to Financial Markets, Regulations and Ethics, The Bond Market, and The Derivative Market
Duties and Responsibilities:
- Monitor trading activity across asset classes to detect irregularities and manage risk
- Oversee CAPAD trading limits and ensure accurate submission to the JSE
- Manage onboarding and offboarding of access to trading systems for compliance
- Perform daily checks to identify misdeals, outstanding allocations, and other discrepancies, reporting exceptions
- Conduct compliance and AML reviews of stockbroking divisions, ensuring regulatory adherence and preparing reports
- Analyze and recommend preventative measures for compliance breaches
- Report business risks and compliance matters to the Board and Exco
- Communicate JSE Market Notices to staff and liaise with Exchanges and Regulatory Bodies
- Maintain an up-to-date compliance program and foster a culture of compliance within business units
- Ensure policies are updated and FICA compliance is met for client and supplier accounts
- Handle ad hoc tasks, liaise with regulators, and participate in BCP Testing
- Stay informed on legislative changes, engaging the business on compliance needs and proposing solutions
- Investigate and report compliance breaches, coordinating regulatory engagements
- Ensure all FAIS and other regulatory reporting is submitted within timelines.
Required Skills
- Strong Interpersonal Skills
- Strong Verbal And Written Communication
- Problem Solving - Identifies And Resolves Problems In A Timely Manner, Provides Solutions.
Candidate Requirements
Required experience
• Approx. 7 years’ experience in a similar role in financial services where you have had exposure to full
compliance function in a stockbroking firm.
• Knowledge of relevant legislation i.e., FICA, POCA etc.
• A solid understanding of financial instruments, including Fixed Income and Derivatives.
• A solid understanding on FAIS Monitoring
• Strong knowledge on Stockbroking Operations.
• Knowledge and Experience of both local and international settlements and operations.
• Computer literacy – MS Office, especially Excel essential
• Excellent knowledge of FICA and know-your-client related documents for both Domestic and
International entities
Required qualifications
• BCom, B.Compt, BSC, LLB, FRM or equivalent is essential.
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