Compliance Officer

A leading Wealth Management business is seeking a highly experienced Compliance Officer to join their governance structure. This role plays a critical function in ensuring regulatory adherence, mitigating risk, and embedding a strong culture of compliance across the business.

The successful candidate will work closely with Wealth Managers, Administrators, and Paraplanners, proactively identifying compliance risks while ensuring alignment with all relevant legislation and industry standards.

Key Responsibilities

Compliance & Risk Management

• Conduct risk assessments and proactively identify and mitigate compliance risks
• Execute Line 1 and Line 2 compliance monitoring activities, including control checks, CDD/EDD reviews, and reporting
• Design and implement action plans to address compliance gaps
• Oversee the full fit-and-proper lifecycle for representatives

Policies & Governance

• Draft, implement, and maintain compliance policies and procedures, including POPIA-related frameworks
• Maintain and update the Risk Management and Compliance Programme (RMCP)
• Manage the business Policies & Procedures repository
• Communicate regulatory changes and ensure implementation across the business

Regulatory & Management Reporting

• Prepare and maintain FSCA and FIC regulatory reports
• Ensure supporting documentation and reporting schedules are accurate and up to date
• Provide monthly compliance reports to Senior Management
• Manage Time Critical Events and reporting to external compliance partners

Operational & Business Support

• Provide compliance guidance to internal teams
• Support onboarding processes including CDD and EDD procedures
• Assist with business projects such as remediation and data clean-ups
• Support audits, inspections, and investigations (internal and external)

Training & Compliance Culture

• Develop and implement a CPD policy and annual training plan
• Facilitate AML/FICA and compliance training
• Deliver onboarding and ongoing staff training
• Promote a culture of compliance, governance, and ethical conduct

Professional Ethics & Controls

• Manage conflict of interest, gifts & invitations, and moonlighting policies
• Maintain relevant registers and ensure adherence to ethical standards

Minimum Requirements

Qualifications

• Relevant degree or qualification (e.g. LLB, BCom Law, Risk Management, or Compliance NQF 6/7)
• RE1 (essential); RE3 advantageous
• Preferred: CPrac / CISA membership

Experience

• Minimum 6+ years’ experience in a Compliance Officer role within Financial Services
• Strong experience with FAIS, FSCA, FICA, POPIA, PAIA regulations
• Proven track record in:
  • Compliance monitoring (Line 1 & Line 2)
  • RMCP development and maintenance
  • Policy drafting and implementation

Core Competencies

• Strong analytical and problem-solving ability
• Excellent report writing and communication skills
• High attention to detail and accuracy
• Ability to work independently and manage multiple priorities
• Strong stakeholder engagement and interpersonal skills
• Ethical, professional, and highly organised

Technical Skills

• Proficient in Microsoft Office (Word, Excel, PowerPoint, Teams)
• Strong understanding of data security and confidentiality practices
• Awareness and responsible use of AI tools in a compliance environment

Behavioural Fit

The business operates on strong core values and seeks individuals who align with:

• Integrity: Acting ethically and transparently at all times
• Respect: Valuing people and relationships
• Teamwork: Collaborative and supportive approach
• Excellence: High standards and attention to quality
• Innovation: Open to change and continuous improvement

Why Join?

• Be part of a high-performing Wealth Management business
• Play a strategic role in governance and compliance leadership
• Work in a culture that values integrity, collaboration, and innovation
• Opportunity to shape and influence compliance frameworks at a senior level