COMPLIANCE OFFICER – Durban/KZN A highly competitive package is offered for Compliance Officer to oversee FAIS and FICA related compliance in the Financial Services Industry in the Durban and KZN region on behalf of large compliance practice. Compliance Officer A highly competitive package is offered for Compliance Officer to oversee FAIS and FICA related compliance in the Financial Services Industry in the Durban and KZN region on behalf of large compliance practice. Key result areas and work descriptors: • Compliance o This role delivers an outsourced compliance function to client financial services providers (independent brokers or tied agents) in terms of service level agreements o The Compliance Officer must be approved/ or meet the requirements for approval by the Financial Services Board (FSB) and is appointed as the Compliance Officer on each Financial Services Provider (FSP) license for which they are responsible. o Assumes responsibility for approximately 100 financial services providers. o Fulfils functions required in terms of FAIS legislations such as monitoring and reporting to the financial services provider and the FSB. o Establishes and embeds compliance culture across the panel of financial services providers and provides compliance risk framework. • Personal Effectiveness o Accountable for service delivery through own efforts. o Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 4 months. o Makes increased contributions by broadening individual skills. o Collaborates effectively with others to achieve personal results. o Accepts and lives the company values. Role Qualifications and Competencies: • Legal Degree (LLB; BPROC) or • Accounting Degree (B COM with Risk Management as a subject) or • Accredited member of the Compliance Institute of South Africa • Experience in the Financial Services Industry with exposure to Financial Advisors. • A Certified Financial Planner licensed with the Financial Planning Institute will be an advantage. • Accredited with the Compliance Institute of South Africa will be an advantage. • An in-depth understanding of the Financial Services Industry, and more specifically a good working knowledge of compliance legislation governing the industry (eg FICA and FAIS) • A minimum of three years experience in a compliance or risk management role within the financial services industry. This is not negotiable. • Computer Literacy • Willingness to travel within the area. • Business Awareness • Client Focus • Decision Making • Gaining Commitment • Information Monitoring • Initiating Action • Ownership • Technical Knowledge Reference numbers : MHKZN003 Send your CV and quote the reference to : vacancyapplication@masthead.co.za Cut-off date for this vacancy is : 26 February 2010