Compliance Monitoring Officer (Financial Services)

Compliance Monitoring Officer (Financial Services)

Permanent

SW

Finance

Insurance

Legal

Western Cape , Somerset West

A well established international financial services concern with offices in Somerset West is seeking a Compliance Monitoring Officer who will plays a crucial role in protecting the company by ensuring the company’s Policies, Procedures and Controls (P,P&Cs) are in line with all relevant regulations and laws. As the Compliance Monitoring Officer, you will conduct sampling to ensure the company adheres to its Policies, Procedures and Controls with the use of the Compliance Monitoring Programme and Periodic Reviews. The post holder will be working as a member of the Compliance Team based in the South African office and reports to the Team Leader, Compliance

Key Duties and Responsibilities :

• Ensuring that client’s due diligence is collected to the appropriate standard in line with our internal policies and procedures.
• Conduct Periodic Reviews, record any deficiencies and generate action points for remediation.
• Conduct client screening using our screening system and open-source searches.
• Monitor and analyse the results of the automated ongoing screening system and conducting research on relevant parties where potential adverse matches are identified.
• Conduct compliance monitoring in accordance with the compliance monitoring programme, to ensure compliance with all regulatory requirements and AML / CFT / CPF, record deficiencies and generate remediating action points.
• Assist in the development, implementation, and continuous improvement of internal policies and procedures to ensure operational efficiency and compliance
• Assist in the development and delivery of training materials for staff members on compliance topics.
• Assist in providing day to day support / guidance to the staff as required in respect of compliance and AML / CFT / CPF matters.
• Participate in training sessions to increase your knowledge and understanding of the regulatory environment.
• Complete any other duties as and when required to drive business success.
• Assisting with the project management of new initiatives.
• Adopt and reflect company values

Competencies / Requirements :

Key Business Partners :

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