To provide key investment compliance monitoring expertise to the Prescient Manco.
DUTIES & RESPONSIBILITIES
Responsibility for compliance with the requirements of REG28, REG30, LTIA, CISCA etc. Responsibility includes monitoring compliance, documenting findings and reporting findings to management.
Key responsible for all Investment Compliance Monitoring which will require knowledge of:
Collective Investment Schemes Act: Board Notice 90 of 2014, Board Notice 92 of 2014, Board Notice 257 of 2013 (foreign collective investment due diligence), Board Notice 52 of 2015 Hedge Funds)
Medical Aid Schemes Act: Regulation 30 (monitoring and issuing certificates)
Long Term Insurance Act: Regulation 2.2
UCITS
Segregated Mandate Compliance
ASISA Standards & Guidelines
Offshore fund exposure also preferred eg Namibia Regulation 28, Namibia Unit Trust Control Act
Regulation 28 analysis and reporting
Assisting with ASISA & FSCA quarterly reporting
Investigating breaches from the Trustees
Responsibility for liaison with Regulators
Compliance Static Data Management
Liaising with the Regulator for new fund applications
Adhoc task as required.
REQUIRED EXPERIENCE
A minimum of 4 - 6 years’ investment compliance experience gained in the Manco / Asset Management / Fund Services environment.
Sound understanding and exposure to the various applicable legislations including, but not limited to, CISCA, Reg 28, Long Term Insurance Act, UCITS and Medical Schemes Act.
Hedge fund knowledge specifically BN52
FAIS / Regulatory compliance exposure and understanding is advantageous
REQUIRED QUALIFICATIONS
Relevant tertiary qualification.
Certificate in Compliance Management would be an advantage.
KEY COMPETENCIES
Highly organised with excellent time management
Able to work well in a team environment and keen to develop those around them
Accuracy and attention to detail is of the utmost importance
Self-starter who is self-driven and self-directed
Strong work ethic
Honesty and integrity
WHY THIS ROLE?
This is a fantastic opportunity to apply your compliance knowledge and play a key role in the Prescient Manco compliance and risk team. A great learning opportunity with excellent challenge and reward.
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