Senior Regulatory Compliance Analyst

Overview

We are seeking a diligent and detail-oriented individual to join our Cape Town based Compliance team as a Senior Regulatory Compliance Analyst.

This is an exciting opportunity to be part of a growing organisation and a dynamic Compliance team within the Southern African operations of a leading Global Asset Manager. Compliance is responsible for implementing the local Compliance Framework, in alignment with Group principles. The successful candidate will report to the  Southern African Group Compliance Officer.

This position suits someone who is passionate about asset management, with an understanding of asset management compliance, an admirable academic record, who is able to work independently, is adaptable and works to high standards. The successful candidate is one who will thrive in a challenging environment, with exposure to all levels of the organisation, including Global counterparts.

Key Responsibilities

• Ensure the implementation and maintenance of processes and procedures to implement the Compliance Framework across M&G Southern Africa. These activities will include:
  • Perform monitoring related to legislative and policy requirements, including inter alia:
    • Personal Account Trading.
    • Conflicts of Interest, including Gifts & Entertainment.
    • Trading activities (e.g. Best Execution, Segregation of duties, etc.).
    • Distribution and marketing activities.
    • Other legislative requirements.
  • Assist in writing/refreshing compliance policies and frameworks.
  • Investigate breaches, and provide remedial actions, including enhancements to processes and controls.
  • Support business by collaborating with Risk, Legal and other areas of the business, on new and/or amended Primary legislation, and subsequent implementation thereof.
  • Facilitate training and awareness relating to compliance policies.
  • Assist in providing responses to queries received from various stakeholders, including clients, regulators, auditors.
  • Compile and provide input into reports for submission to the Regulators, Compliance Officer, Exco and/or Boards.
  • Assist the Compliance Officer in achieving the activities as contained in the Annual Compliance Plan.

Assist with projects and thematic monitoring reviews as required.

Attributes, Qualifications, Skills & Experience

• Tertiary qualification in Commerce or Law.
• A minimum of six years working experience in investment management compliance or similar assurance environments (e.g. assurance functions).
• A good understanding of the FAIS, CISCA and/or Insurance Act and related regulations.
• Experience in developing regulatory Risk Management Assessments program and compliance monitoring activities.
• Experience with regulatory engagement and reporting.
• Excellent verbal and written communication skills.
• Excellent numeracy skills.
• Technical understanding of financial products and instruments.

Competencies & Personal Attributes

• Take initiative and work independently.
• Be assertive and self-motivated.
• Proactive, solution-oriented mindset.
• Able to influence key stakeholders.
• Build effective relationships externally and internally.
• Work well under pressure.
• Work to process.
• Be adaptable and able to embrace change.
• Work accurately and pay attention to detail.
• Take ownership of driving career development.
• Confidentiality is an absolute requirement, and any breach of confidentiality or honesty will not be tolerated. Integrity must be unquestionable.

About us

M&G Investments is a global asset manager with operations in 28 countries, around 5.5 million retail clients and R8.0 trillion in assets under management and administration. We are also one of South Africa’s top 10 asset managers, with approximately R306 billion* in assets under management.

For 30 years we have built up an admirable local track record for delivering consistently strong performance over time. Our aim is to help our clients achieve their financial goals, whether investing towards their first house, their children’s education, or making sure that they have enough funds to retire comfortably.

We work closely with experts across M&G plc’s worldwide operations to bring clients access to the latest technology, investment ideas and research. We incorporate sustainable thinking in everything we do, from the way we run our business to the impact we have on the planet and our communities. To help us achieve our vision, we’re looking for exceptional people who live our values of care and integrity and who can inspire others, embrace change, deliver results and keep it simple. We’re looking for people who will enjoy the challenge of working in an ambitious business that’s set on transforming the industry.

We are building a diverse and inclusive environment where everyone can thrive. In order to meet the objectives set in our Employment Equity plan, preference may be given to suitably qualified candidates from designated groups.

*As at 30 June 2024