Primary Objectives/Purpose of Job:

The Compliance Manager (CM) is responsible for driving and overseeing compliance within the organisation to ensure that financial and operational procedures and personal conduct within the organisation comply with relevant and applicable laws, regulations and contractual agreements. This position involves informing and executing on the compliance strategy as well as taking direct accountability for the efficient and effective execution of day-to-day operational compliance activities.

This is an excellent opportunity for an individual to make their mark within the organisation whilst supporting the Group Compliance Manager to achieve the compliance objectives and partnering with business to ensure compliance.  

Duties and Responsibilities (What you will be doing):                             

• Ensure compliance with the NPS, FAIS, FICA, POPIA and any other applicable legislation;
• Roll-out and monitor the implementation of the Risk Management and Compliance (RMCP) program and provide input into the same as part of the enhancement process;
• Ensure efficient and effective running of the daily compliance operational activities;
• Assist in communicating key aspects of the compliance policies and frameworks to business stakeholders;
• Take ownership for the compilation and review of compliance policies and procedures;
• Monitor and execute on the outputs of the compliance dashboards;
• Review new/existing processes and products to identify and mitigate compliance risk and sign-off on the same;
• Be proactive and monitor changes to the regulatory landscape and provide the necessary compliance advice and guidance to business partners;
• Assist in the design, development and delivery of compliance awareness and training interventions;
• Ensure that the fraud and ethics hotline queries are followed up on timeously and receive sufficient resolution;
• Assist to produce/contribute to the Compliance quarterly board reporting;
• Ensure that any outstanding compliance allocated internal audit actions are closed within deadline; and
• Assist with the annual SOX process - perform and review control adequacy and effectiveness testing, compile written reports on findings, and liaise with and report to Senior Management.

Knowledge and Experience Required (What you’ll need to succeed):

Educational Level: Legal, Risk or Compliance related degree or equivalent.  CISA membership would be advantageous.          

Specialist Skills required: Organizational skills, Leadership skills, Detail orientation, Stakeholder Management skills, Problem-solving and Communication Skills (written and verbal), Effective time management and multi-tasking skills as well as the ability to work under pressure, Ability to work independently or as a team player.  Knowledge of relevant laws and regulations.

Experience Required: 3-5+ Years experience in a Compliance environment in either Banking, a Fintech or a Payments company managing/leading a Compliance team.  Previous FICA or AML Compliance Officer experience as well as payments industry experience is required.  Sarbanes-Oxley (SOX) Act experience is advantageous.

 Personal Characteristics (What you’ll bring):

• Can operate both at a strategic and operational level
• Proactive individual who is a self-starter and gets things done
• An individual who takes a pragmatic approach to Compliance and is business-minded
• Has the ability to work well with people and collaborate to develop practical solutions to compliance related problems 
• Possesses good stakeholder management ability and can develop relationships across senior and junior management levels 
• Good written and verbal communication skills
• Passionate about compliance

 Key Stakeholders:

• Senior and Executive Management
• Audit Committee 
• Regulatory/Industry Bodies viz. the FIC, FSCA, PASA/PIB and other relevant regulators