Compliance Manager

FundRock is a Pan-European leading independent UCITS management company and AIFM (Alternative Investment Fund Manager). Our clients are established blue-chip companies and leaders in their domestic market.
We invest in our people, enabling you to develop your skills and build on your experience.
If you like the idea of working for an ambitious and growing company, as part of a multicultural team, we are the place for you.

Description
The role will consist of supporting all the legal and regulatory compliance activities of Manco team, as well as taking part in group projects and implementing global procedures on a local level. The individual will manage the compliance team and work alongside the Head of Compliance and assist staff members in discharging their responsibility to comply with applicable legislative and regulatory requirements through the provision of compliance services and to identify, assess, manage, monitor and report regulatory compliance risks facing the organization. The Compliance Manager will also inform and advise the organization of their data protection obligations and monitor that the organization processes the personal data of its staff, customers, providers or any other individuals (also referred to as data subjects) in compliance with the applicable data protection rules.

Job Specification :
Regulatory Compliance duties:

• Manage a team of Compliance Officers/Administrators.
• Oversee licensing requirements and regulatory obligations (including reporting, applying for new business products, etc) for the relevant licensed entity and regulatory approved individuals, while ensuring that compliance activity takes account of all relevant legislation and FSCA/FIC/Information Regulator activities.
• Ensure the effective implementation of the Compliance Monitoring programmer and undertake all aspects of monitoring activities.
• Track non-compliant findings with respective business unit managers and portfolio managers until resolved.
• Liaising with Trustees and administrators regarding reported breaches.
• Maintaining a register of exposure limit breaches and actively manage adherence to the related process and mitigation of breaches.
• Monitor compliance with applicable regulations which includes but is not limited to CISCA, FAIS, FICA, POPIA, FATCA, CRS, Reg 28 and the efficiency and consistency of compliance controls and assist with the enhancement of procedures and controls.
• Promote a positive compliance culture and risk awareness.
• Prepare compliance reports to management and various committees and governance structures within the group.
• Prepare reports to regulatory authorities in terms of CISCA, SARB, FICA, POPIA, Reg 28 and ASISA.
• Monitor changes in relevant legal requirements and other regulatory developments which may impact the entities, provide support to address and manage such forthcoming regulations through diagnostics, gap analysis and impact studies in order to advise the Directors, senior management and staff on their implications.
• Provide advice to the Directors, senior management and staff on the regulatory implications of new business services and new products.
• Maintain appropriate written procedures to ensure compliance with applicable legislation, regulations and group policies, and to monitor adherence to such procedures in order to demonstrate to the applicable Regulators that the business seeks to adequately manage its compliance risks.
• Manage communications with Regulators, obtaining approvals as required, notifying the Regulators as required for all compliance-related matters.
• Maintain a register of complaints, conflicts of interest, compliance and data breaches, and actively manage adherence to the related process and mitigation of breaches.
• Providing assistance and support in satisfying staff training and development needs and plans in relation to new regulations and legislation.

Data Protection duties:

• Ensure that the relevant entities adhere to data protection requirements, are informed about their obligations and responsibilities and raise awareness about them.
• Give advice and recommendations to entity about the interpretation or application of the data protection rules.
• Monitor that a register of processing operations is maintained by the relevant entities.
• Monitor data protection compliance within the entities and help the entities to be accountable in this respect.
• Handle queries or complaints on request by the relevant entities, responsible parties/ controllers in consultation with the Information Officer and Deputies.
• Support the Information Officer and Deputies to cooperate with the local regulators (responding to
• their requests about investigations, complaint handling, inspections conducted by the local regulators, etc.);
• Draw the entity's attention to any failure to comply with the applicable data protection rules.
• Actively manage the mitigation of data breaches in accordance with Apex’s data breach process.
• Monitor that all affected entities have made the necessary data protection notifications, and comply
• with applicable legislation, group policies and procedures in connection with data protection obligations.

Skills required
The successful candidate will meet the following requirements:
Skills

• Strong working knowledge of the South African financial service's regulatory framework.
• Strong working knowledge of the Data protection regulatory framework.
• Discreet and confidential manner.
• Confidence and persuasiveness, with the ability to motivate colleagues and support the embedding of a positive compliance and risk management culture.
• Be well organized, with the ability to work autonomously and deal with a busy workload.
• Be prepared to get heavily involved in the running of the regulatory compliance function, investigate complex structures and consider appropriate KYC requirements and risk categorizations.
• Well organized with the ability to work autonomously and deal with busy workload.
• Self-motivated, mature and able to use initiative.

Education and Experience:

• Degree level qualification, or equivalent, ideally in Law or Compliance and Risk Management.
• At least 5 years’ relevant work experience in the Financial Services Industry, preferably within a compliance, audit or legal environment.
• At least 2 years’ experience in the Data protection field.

Learning and development:

• You will receive training on a day-to-day basis by coaching and mentoring.
• Personal development plan will be agreed on an annual basis.
• Self-learning.
• Attendance to internal training including webinars, workshops and workgroups as may be required.
• Attendance at external seminars and training events as may be required.

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business.
• Competitive remuneration commensurate with skills and experience.
• Training and development opportunities.

As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.