Assistant Compliance Officer

Objective Of The Assistant Compliance Officer Role

The Assistant Compliance Officer assists the compliance team in ensuring the implementation and maintenance of an effective compliance and integrity program, aimed at preventing and detecting violations of legislation, internal rules, policies, and investment guidelines.

Key Responsibilities

1. Assist in monitoring compliance with applicable legislation and internal requirements.
2. Identify and assess compliance risk areas periodically and appropriately address findings through relevant and appropriate action plans processes.
3. Assist in developing, promoting, implementing, and maintaining compliance standards and procedures that enable employees to act in a compliant manner.
4. Assist with the proper establishment and maintenance of procedures on the identification, reporting, and resolution of breaches and other compliance and regulatory issues.
5. Engage with Portfolio Managers and business leaders on compliance matters relating to all investment management processes.
6. Report on compliance matters to the compliance officer, and assist the compliance officer in reporting on such matters to the Compliance Manager periodically.
7. Support the designated business unit leaders in exercising their responsibility for oversight of compliance in their business units.
8. Execute all other functions related to the compliance mandate as delegated by the compliance officer and Compliance Manager.

Minimum Requirements

1. Relevant tertiary qualification.
2. Postgraduate Diploma in Compliance Management would be an advantage.
3. Experience in an asset management environment would be an advantage.
4. Good working knowledge of FAIS, AML & FICA and other related legislation would be an advantage.
5. Investment and financial industry experience (essential).
6. Experience in a monitoring environment would be an advantage.

Competencies

Functional

1. Communicated effectively.
2. Clear, concise, and professional in communication.
3. Listens with interest to what others have to say.
4. Shares information and updates with others as needed.
5. Is clear and thorough in reports, documentation, and other written information.

Decision Quality

1. Demonstrates good judgment in routine, day-to-day decision-making.
2. Makes sound independent decisions in urgent and non-routine situations.
3. Considers various inputs, criteria, and trade-offs to arrive at effective decisions and recommendations.
4. Uses good judgment about whether to act independently or to escalate an issue.

Ensures Accountability

1. Communicates the status and completion of assignments.
2. Holds self-accountable for complying with policies, procedures, and work requirements.
3. Seeks input and feedback to ensure assignments are done correctly.
4. Takes responsibility for own actions.

Collaborates

1. Makes productive contributions to the group.
2. Solicits input from others.
3. Acknowledges others' efforts, advice, and contributions.
4. Volunteers to help others when needed.

Drive Results

1. Consistently meets the objectives of assigned tasks.
2. Maintains work focus despite obstacles or setbacks.
3. Puts in effort needed to meet goals and expected results.
4. Works steadily at unpleasant or routine tasks until they are completed.

Being Resilient

1. Remains calm and objective in emotional or stressful situations.
2. Recovers quickly from problems and setbacks.
3. Follows guidance on how to respond to challenging or volatile situations.
4. Stays focused on tasks despite disruptions or obstacles.

Client Focus

1. Seeks to understand the reasons for customers' choices.
2. Asks questions to accurately identify customer needs.
3. Prioritizes work based on customer requests.
4. Meets customer requirements.

Cultivates Innovation

1. Shares new and useful ideas.
2. Welcomes input from others to develop and implement creative ideas.
3. Learns and applies innovative methods, tools, and technology.
4. Seeks exposure to new ways of looking at things.