Compliance Officer under Supervision

Moonstone Information Refinery (Pty) Ltd

2d•Remote

About The Position

The successful applicant will be appointed as a Compliance Officer under Supervision with Moonstone Compliance (Pty) Ltd and will participate in a practical internship, during which they will receive on the job training and mentorship in the provision of outsourced compliance and risk management services to financial services clients as well as accountable institutions. The supervisee will be required to assist the supervisor in executing their statutory duties by supporting the supervisor in legislative risk identification and management, compliance monitoring, and administrative support functions to mitigate the risk of non-compliance with legislation and regulations. They will actively assist with the delivery of compliance services to FAIS and FICA/AML clients and, after a sufficient amount of time in the role, will be able to render services to accountable institutions independently.

Requirements

Non-Negotiable: LLB / 4 Year Law / Commerce degree or equivalent that has been recognized by the FSCA for Compliance Officers
Computer literacy: Proficient in Microsoft Office (Word, Excel, PowerPoint & Outlook)
Good command of written and spoken English and Afrikaans
Must have a positive outlook, be presentable and self-motivated
Valid driving license and own transportation as the incumbent will need to attend meetings at clients’ offices
As this position is not based in an office, the incumbent will need to have the required discipline and infrastructure to work from home or another location as agreed to.

Nice To Haves

Working knowledge of the financial services’ regulatory environment, compliance guidelines, standards, and legislation FAIS, FICA, LTIA, STIA, POPIA, CISCA, etc.).
At least 2 years’ working experience in a legal, compliance or financial environment
Completed Regulatory Examinations 1, 3, or 5 will be advantageous.

Responsibilities

Support the Supervisor to identify legislative risks and improve compliance awareness.
Support the Supervisor to devise appropriate strategies to effectively determine and manage the broader regulatory risk environment.
Monitor compliance with applicable legislation, industry developments and internal procedures.
Support the Supervisor to guide and advise clients on non-compliance with applicable legislation, industry developments and internal procedures.
Develop, implement, and maintain compliance documents, policies, and procedures to mitigate non-compliance.
Compile and prepare applicable reports.
Maintain records and perform related administrative functions.
Research and remain current on applicable legislation, industry developments and internal procedures.
Consult and correspond with clients, prospective clients, and industry role players.
Resolve and respond timeously to client queries.
Actively assist in sourcing and maintaining a panel of prescribed clients.