Business Enablement: Advice and Compliance Review Sandton - Sandton
Catch Recruit
The Business Enablement: Advice Review role is required to manage advice risk in the business by monitoring and driving quality assurance and adherence to internal compliance requirements in Advisor offices. Including in-depth analysis of advice scores and reports (both internally and externally) to identify risks and manage them proactively in an efficient, impactful, relevant and sustainable manner. Job Responsibilities : Main areas of responsibility will include: Advice Review: Internal Review: in conjunction with the external compliance officers audit Partner Directed Advice cases and large deals against the advice questionnaires to ensure that all cases are compliant before commission is released to Partners External Review: Manage the relationship with the external compliance officers and analyse compliance reports received from them for consolidated reporting to the business Give guidance (written and verbal) to Partners, Partner Operations Managers, Business Development Managers, Para-Planners and Risk Consultants on how best to meet quality advice requirements. Creating, implementing and maintaining processes to meet regulatory requirements and mitigate the identified advice risks within the business Establishing and maintaining relationships with internal and external stakeholders. Legislative and Regulatory Support Maintain a compliance framework in collaboration with stakeholders (both internal and external) Analysis of legislation and application thereof and advising business on regulatory changes which may impact compliance management within the business. Assist in maintaining the competency register Reporting: Analyse all advice audit scores (internal and external) and reports received to determine where the risk in advice dispensed in the business is and report to the Key Individual Team on the outcomes and how this risk is managed Identity potential compliance breaches and investigate compliance irregularities or areas of concern Addressing regulatory compliance requirements related queries from within the business Manage Advice Risk: Implementation and monitoring of a Partner Compliance Dashboard to highlight elements of key risks identified Participation in the Advice Risk Committee in formulating compliance procedures and focus areas to cover areas and / or themes of risk Monthly / quarterly reporting to the Key Individuals and relevant stakeholders Manage Partner Monitoring team tasks (advice monitoring and Compliance Officer tasks) to ensure that risks identified are remediated by the Financial Planning Partner. Engaging with the respective Partner Operations Managers and / or Business Development Manager should the need arise Administration Maintain the compliance and procedure manuals and all artefacts published on the internal intranet for Advisor offices Administrative duties related to all of the above. Qualifications Relevant degree (candidates without a relevant degree with extensive compliance experience may be considered). Experience in Compliance in the Financial Services Industry Experience in Financial Planning would be an advantage (Certified Financial Planner would be a benefit) but not a pre-requisite Computer skills and must be proficient in MS Office. Knowledge In-depth knowledge of the requirements, implementation and application of FAIS, Risk Based Approach towards Customer Due Diligence, and PoPIA rules and regulations. Knowledge and understanding of financial services Competencies, skills and attributes Excellent verbal and written communications skills Attention to detail Ability to learn and adapt quickly Analytical skills and the ability to work in a methodical and organised manner Ability to work independently and under pressure Deadline driven Proactive and resourceful and takes initiative Problem solving skills Willingness to perform a wide variety of tasks and to continuously learn and improve See Description See Description
Apply Now
Facebook
WhatsappRelated Jobs
Compliance Officer Sandton - Sandton
BA Personnel
...
Regulatory Compliance Manager Morningside, Sandton - South Africa
Clientèle Life Assurance Company Limited
...
RISK & COMPLIANCE SPECIALIST - Johannesburg
...
Legal Compliance Officer Johannesburg - Johannesburg
Hustle Consulting Ltd
...
Regulatory Compliance Manager Market related - South Africa
Clientèle Life Assurance Company Limited
...