Vacancies

JSE Risk and Compliance Officer (Prescient Securities)

Reporting line

Chief Operating Officer

Location

Steenberg, Tokai

Business Unit

Prescient Securities

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Reporting to the COO, this role is responsible for ensuring compliance with applicable legislation, including JSE and A2X Exchange Rules & Directives, as well as assist the Board to ensure adherence to internal policies and procedures. The following requirements are essential for the role:

DUTIES & RESPONSIBILITIES

Regulatory Compliance & Monitoring (JSE / A2X Exchange)

Real time monitoring of trading activity across all asset classes, to ensure compliance, detect irregularities and manage risk
Monitoring of daily CAPAD trading Limits and Monthly submission to JSE and A2X
Responsible for onboarding and offboarding access to trading and Backoffice systems to ensure compliance
Conduct daily checks to identify misdeals, outstanding allocations, or other risk events, and, and report on any exceptions identified
Conduct compliance and AML reviews in accordance with regulatory requirements and the company’s compliance programme
Interpret relevant JSE market notices and communicate effectively to all staff.
Ensure reporting obligations, both internal and regulatory reporting requirements, are conducted within required timelines.

Stakeholder Engagement Risk Management

Build and maintain strong working relationships with Exchanges, Regulators, and other key governance stakeholders.
Work closely with Group legal, risk and compliance and actively participate in internal Group subject matter forums
Develop close relationships with business units to instil a culture of compliance within the business
Coordinate regulatory engagements, including site visits
Report on compliance matters, business risks, and regulatory updates to the Board and Executive Committee
Analyse the root causes of any possible breaches or risk events and recommend preventative measures
Escalate issues of non-compliance and manage all incident reporting to the Board and Exco
Participate and assist with the co-ordination of BCP Testing as required
Ad hoc assistance and support to the Board as required

Policy & Process Management

Assist in the development and implementation of risk-mitigation strategies to ensure adherence to financial laws and best practices.
Ensure company policies and procedures remain up to date and aligned with regulatory requirements.
Review and approve client and supplier accounts to ensure FICA compliance.
Participate in regulatory audits and liaise with regulators as needed.
Maintain and enhance business processes to strengthen compliance frameworks.
Develop and document business processes

Regulatory Awareness & Training

Stay abreast of changes in legislation and assess their impact on business operations.
Provide insights on upcoming regulatory changes and recommend effective implementation strategies.
Conduct internal compliance training to foster a strong compliance culture within the organization.
Responsible for keeping relevant policies updated and communicating to staff
Ensure employees adhere to FAIS Fit & Proper requirements

REQUIRED EXPERIENCE

Approx. 7 years’ experience in a similar role in stockbroking where you have had exposure to the full compliance function
A solid understanding of financial instruments, including Fixed Income and Derivatives.
Strong expertise in stockbroking operations, including local and international settlements.
Computer literacy – MS Office, especially Excel essential
In-depth knowledge of FICA and KYC documentation requirements for both domestic and international entities

REQUIRED QUALIFICATIONS

The following qualifications are essential:

JSE Equity Compliance Officer exam
JSE Derivatives Compliance Officer exam

Preference for completion of or registered to complete

SAIFM Introduction to financial markets RPE
SAIFM Regulation and Ethics RPE
SAIFM Bond Market RPE
SAIFM Derivative Market RPE
BCom, BCompt / equivalent is advantageous

KEY COMPETENCIES

Analytical – Collects, research and process data and information in an intuitive manner and develops effective processes.
Problem Solving - Identifies and resolves problems in a timely manner, provides solutions.
Strong interpersonal skills
Strong verbal and written communication
Positive team player - balances team and individual responsibilities, displays objectivity and openness to others & views, gives and welcomes feedback, contributes to building a positive team spirit
Deadline driven – displays the ability to meet deadlines, works well under pressure.
Quality Management - Looks for ways to improve and promote quality, demonstrates accuracy, and monitors for quality, applies feedback to improve performance.

WHY THIS ROLE?

This is your opportunity to join a leading and highly rated Stockbroking team in a critical role which offers excellent exposure and challenge in the Risk and Compliance Arena.

INTERESTED?
APPLY NOW

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