Compliance Manager

Who is Futuregrowth?

Futuregrowth has been South Africa’s leading developmental, responsible and fixed-income investor for over 25 years. We manage a range of fixed interest and development funds and play a key leadership role in the South African asset management industry. We are committed to investing our clients’ funds in a responsible manner, with the interests of our clients always coming first.

Purpose of the position

To assist in the development, implementation and monitoring of a compliance framework across all facets of the business. A key component would be development to fulfill a Compliance Officer role in the medium term.

Key responsibilities of the position

1. Reinforcing and embedding an appropriate compliance culture across the business.

2. Managing the development, implementation and maintenance of compliance risk management and monitoring plans.

3. Ensuring that staff comply with applicable legislation across the company, including training to be conducted when required.

4. Keeping up to date and knowledgeable on legislation affecting institutional asset management, specifically :

• Protection of Personal Information Act (POPIA);
• Financial Advisory and Intermediary Services Act; and
• Financial Intelligence Centre Act;
• CISCA
• Regulation 28; and
• Medical Schemes Act

5. Investigating and driving resolution of compliance-related breaches.

6. Drafting compliance reports.

7. Providing an advisory role within the business.

8. Maintaining relevant regulatory registers (e.g., representative register, breach register, etc.).

9. Preparing and presenting compliance reports (e.g., Board reports, regulatory reports, etc.).

10. Drafting and implementing new policies as well as amending existing policies.

11. Serving as a knowledge hub to the business.

12. Looking for innovative compliance solutions and methodologies to implement within the business.

13. Acting as the compliance lead on various projects within the business.

14. Engaging directly with clients, in terms of presentations and due diligences.

15. Collaborating with Omig and OM Compliance to obtain best solutions and manage alignment.