Responsibilities

• Work with portfolio compliance officers, legal, and operations teams.
• Review, interpret, clarify, and sign off on mandate guidelines and conditions.
• Assist in monitoring mandate guidelines and restrictions and establish/testing automated or manual processes for this monitoring.
• Code mandate requirements and legislative rules within automated compliance and trading systems (e.g., Charles River and others).
• Peer review coded rules.
• Collaborate with traders and portfolio managers to evaluate and resolve pre- or post-trade compliance breaches and queries.
• Understand legislation and regulations impacting client mandates, including South African Regulation 28, CISCA BN90, Medical Aid Schemes Act Reg 30, UCITS, Namibian Unit Trust legislation, Namibian Regulation 28, among others.
• Assist with the classification of instruments where applicable.
• Proactively seek ways to improve and refine portfolio compliance processes.
• Compile compliance and board reports based on monitoring conducted.
• Resolve portfolio compliance issues and participate in meetings and discussions.
• Address ad hoc portfolio compliance queries from the business.
• Navigate and extract information from back-office systems.
• Provide guidance on investment compliance-related matters as required.
• Manage investment compliance matters independently with minimal team interaction.
• Confidently provide views and make decisions.

Requirements

• A bachelor’s degree is essential, with preference given to candidates with a BCom qualification.
• Previous experience in asset management would be an advantage.
• Proficiency in Microsoft Excel is mandatory.
• A minimum of 5-8 years of experience in compliance is required for senior-level applicants.
• Hands-on experience with portfolio compliance platforms, particularly Charles River, and familiarity with systems like Infostore and HiPortfolio, will be highly beneficial.
• Strong verbal and written communication skills to facilitate collaboration and resolve issues effectively.
• The ability to assess data, interpret mandate rules, and identify potential compliance concerns.
• Exceptional attention to detail, ensuring accuracy in tasks like guideline reviews, rule coding, and report generation.
• Problem-solving expertise to handle compliance challenges and respond to business inquiries.
• Collaborative skills to work seamlessly with legal, operational, trading, and portfolio management teams.
• Adaptability to handle regulatory changes and evolving financial market conditions.
• Efficient time management skills to meet deadlines and prioritize responsibilities.
• A client-focused approach to resolving queries and compliance issues.
• A commitment to staying informed about legislative updates, industry trends, and compliance standards.
• The ability to foster positive relationships with colleagues, stakeholders, and clients.
• A high level of integrity and ethical decision-making when handling sensitive information.
• A proactive mindset for identifying and addressing compliance issues before they arise.