Compliance and Operations Administrator

Founded in 2010, we are a fully independent and authorised Financial Services Provider based in the Cape, licensed by the Financial Services Conduct Authority to give advice and act as intermediaries across investment and insurance classes.
We are at our core an estate planning practice, ensuring that your will, trust, marriage and business contracts are part of a coherent overall estate strategy.
Financial items such as investments and insurance must then be appropriately structured within that strategy and optimal in their own right.
With changes in legislation requirements, we are looking for a Compliance and Operations Administrator to take responsibility for our compliance.

Key Responsibilities & Duties
• Ensure compliance with the following aspects with regards to current clients and new clients:
o FICA/AML/CTF/PF Monitoring: Conduct ongoing monitoring reviews of business units to ensure adherence to FICA obligations and the Risk Management and Compliance Programme (RMCP).
o RMCP Development & Maintenance: Draft, implement, and maintain the Risk Management and Compliance Programme (RMCP) in line with FIC guidance notes and sector-specific risks.
o Customer Due Diligence (CDD): Develop and enforce procedures for verifying client identities, screening for sanctions, PEPs (Politically Exposed Persons), and adverse media.
• Regulatory Reporting & Liaison: Oversee the registration of the entity with the Financial Intelligence Centre (FIC) and manage the submission of suspicious transaction reports (STRs), cash threshold reports (CTRs), and annual Risk and Compliance Returns (RCR).
• Reporting & Accountability: Prepare detailed compliance reports for senior management and the Board of Directors, identifying gaps and recommending corrective actions.
• Policy Management: Develop and update internal AML/FICA policies, procedures, and controls.
• Training & Awareness: Design and deliver comprehensive FICA training to staff to ensure compliance awareness.
• Inspection Management: Lead the organisation’s preparation for FIC inspections and act as the main liaison during regulatory visits.

Requirements:
– Previous working experience in the financial planning/financial services environment with some knowledge of FICA requirements in this industry
– Strong administration skills with high attention to detail
– Tech savvy – able to work on a CRM and other platforms
– Strong team player
– Enjoy working in a small team
– Hands-on attitude and ability to get things done