Compliance Manager

Responsibilities:

• Developing and implementing compliance policies: The Compliance Manager is responsible for creating and maintaining a comprehensive set of policies and procedures that govern trading activities within the company. These policies should cover areas such as insider trading, market manipulation, conflicts of interest, and anti-money laundering measures. Ensure that those policies are communicated to and understood by all employees.

• Monitoring regulatory developments: The compliance officer should stay updated on changes in relevant laws, regulations, and industry best practices. They need to interpret these developments and assess their impact on the trading company's operations. This includes monitoring changes from regulatory bodies such as FSCA and PA

• Conducting risk assessments: The Compliance Manager should regularly assess the trading company's compliance risks. This involves identifying potential compliance breaches, evaluating the effectiveness of existing controls, and recommending improvements to mitigate risks.

• Implementing compliance training: The Compliance Manager is responsible for designing and delivering compliance training programs to ensure that employees are aware of their obligations and responsibilities. This includes educating traders, salespersons, and other relevant staff on applicable laws, regulations, and company policies.

• AML and KYC: Implement AML and KYC procedures to prevent illegal financial activities and verify the identity of customers. Monitor transactions for suspicious activities.

• Reporting: Prepare, submit, and present reports on the Companies compliance arrangements to Management, Governance Committees and Regulatory authorities.

• Ensure accuracy and compliance with deadlines.

• Customer complaints and Dispute resolution: Oversee the handling of customer complaints and disputed related to compliance issues. Develop and maintain procedures for prompt and fair resolution.

• Monitoring and surveillance: The compliance officer needs to establish a system for ongoing monitoring and surveillance of trading activities. This includes monitoring for suspicious or illegal activities, such as market abuse or insider trading, and implementing appropriate surveillance tools or technologies.

• Conducting investigations and audits: If there are suspected compliance violations or breaches, the compliance officer is responsible for conducting thorough investigations. This may involve gathering evidence, interviewing relevant personnel, and documenting findings. Regular internal audits should also be conducted to ensure compliance with established policies and procedures.

Qualifications and Skills:

• A bachelor's degree in Law, or a related, RE5

• Compliance officers need a strong understanding of applicable laws, regulations, and industry standards relevant to the organization's operations. This includes knowledge of regulations such as FMA, ODP Conduct Standards, FAIS, POPIA, PAIA, Anti-money laundering (AML), Know-your-customer (KYC), Data privacy, Antibribery, and securities regulations.

•  Required to have industry-specific knowledge and expertise. This includes understanding the unique compliance challenges and requirements.

• Professional certifications related to compliance. Some widely recognized certifications include Certified Compliance and Ethics Professional (CCEP), Certified Anti-Money Laundering Specialist (CAMS), or Certified  Regulatory Compliance Manager (CRCM).

• Compliance officer should have strong analytical skills to assess compliance risks, conduct investigations, and develop effective solutions.

• Compliance work requires meticulous attention to detail to ensure accuracy and completeness of compliance documentation, reports, and filings. The ability to spot inconsistencies or potential compliance breaches is crucial.

• Compliance officer must possess excellent communication skills to effectively communicate compliance requirements, policies, and procedures to employees at all levels of the organization.

• Compliance officers must demonstrate a high level of ethical standards and integrity. The candidate should be committed to promoting a culture of compliance, acting as role models, and ensuring ethical behaviour throughout the organization.

• The candidate should possess strong problem-solving and decision-making skills to navigate complex