Role Description
Our client is a dynamic, boutique investment manager, based in

Cape Town, managing hedge funds and traditional portfolios (FAIS Category I, II & IIA)
In this role you will be responsible for various regulatory compliance management and legal operations activities, reporting to the COO and working closely with colleagues in a small operations team. The successful candidate will be expected to maintain constructive working relationships with other employees, clients, legal and regulatory service providers, trading counterparties, while upholding regulatory and compliance policy objectives.

Key Areas of Responsibility
– FAIS compliance and Liaison with external FAIS compliance officer (ICS)

  • Maintain FAIS Key Individual and Representative register, services under supervision – Manage and monitor CPD process, working with KI’s and Reps.PA Trading Policy compliance monitoring
  • Gifts / Entertainment Policy compliance monitoring o FAIS fit and proper / operational ability compliance
  • Relevant policies – COIMP, Complaints Management, TCF, etc  Marketing support – compliance advisory – CISCA compliance
  • While not a CIS manager, our client manages several CIS portfolios in both long only and hedge fund form – liaise with the CIS Manager on compliance matters
  • Compliance review / oversight – Oversight of investment mandate compliance (daily monitoring, maintain breach register, investor/manco/regulatory reporting) – Anti-Money Laundering / FIC Act compliance o Investor KYC process in line with AML process (RMCP)
  • DocFox AML system management o ICS liaison on FIC matters – Regulatory developments – working with management and external advisors, support assessment of impact and actions requires, e.g.: o POPIA compliance o COFI Bill – Legal support o Client agreements (IMA’s, Subscription agreements) o Product agreements (e.g. Manco agreements, Supplemental deeds)
  • General business legal support, incl. liaising with legal advisors – Support of annual company insurance policy renewal – Investor Operational Due Diligence Questionnaires – provide input on relevant areas – Enterprise / Operational Risk Management o Potential to support COO with ERM/ORM processes
  • Personal Attributes / Skills
    – Positive / energized attitude – Strong communication – written and verbal, internal and external – Confident, self-assured – Independent, self-managed and motivated – Highly organized, disciplined, deadline driven – Multi-tasking skills – Attention to detail, with willingness to ‘roll up sleeves’ – Inquisitive, ongoing professional learning and skills development
  • Qualifications
    – Compliance certification / trained. Potentially a member of CISA – Approved FAIS Compliance Officer not essential, but an advantage – Legal: Paralegal, legal certification or similar (note: don’t require an admitted attorney) – Financial degree -B. Com. / B. Bus. Sci. or similar
    Experience
    – Regulatory compliance in investment management environment > 3 years – Investment operations experience (direct or indirect) > 3 years

    Recruiting Manager: Chief Operating Officer (COO)
    Salary: market related for qualifications and experience
    Incentive: company-wide annual incentive process
    Annual leave: 25 days per annum, subject to company policy

To apply for this job email your details to operations@asearch.co.za


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