Specialist - Investment Compliance Support Services
Apex Group
- Cape Town, Western Cape
- Permanent
- Full-time
- Assist with daily post-trade reporting and monthly compliance reporting (Reg28 and Reg30) and troubleshooting classification issues.
- Attend to your allocated client queries during the day within SLA timeframes, and to generally support all client queries as and when required.
- Perform monthly preparation checks to ensure sound and consistent instrument and issuer classifications for monthly reporting.
- Continually cleaning static data to support daily monitoring and monthly report integrity.
- Support the efforts within the ICSS team in respect of interpreting and documenting legislative, regulatory and mandate compliance requirements.
- Documenting the interpretation of legislative or regulatory changes, in a manner which allows for these documents to be circulated internally at Apex or externally to clients.
- Assisting the ICSS team in translating and applying the interpretations to NX Manager and the Compliance Reporting Warehouse.
- Monitoring of regulatory changes pending and appropriate planning for these changes, including client communications.
- Developing, coding, and implementing compliance rules to NX Manager.
- Continually reviewing compliance rules to improve integrity.
- Following of proper test protocol in UAT environment and change control protocol of rules into the production environment.
- Being pro-active in solution-finding and regularly question processes and âstatus quoâsâ to constantly improve;
- Providing support to the Apex client base in respect of compliance related queries, including interpretation, breaches, reporting, etc.
- Build excellent rapport with clients in developing their confidence in our service offering, by understanding their requirements fully, and maintaining such well managed relationships to achieve the best results for the clients.
- Supporting the business development effort in expanding the Compliance Support Services function.
- Actively strive to live by and operate within the Apex core values.
- Actively drive and contribute to a culture of quality/excellence, through risk awareness and adherence to compliance standards and all relevant operational controls and processes.
- An accounting or business degree (minimum B.Com or equivalent) together with at least 4-5 years fund administration/management experience in a compliance related role;
- Certificate in Compliance Management;
- Strong numerical and analytical skills to review fund compliance reports in detail and respond to queries. The role requires excellent Excel skill to analyse portfolio exposures and structures and to determine and test required compliance rule output;
- Strong knowledge of the full investment process starting from the portfolio managerâs investment decision through operational process to client reporting;
- Strong knowledge and understanding of the regulatory investment limits dominant in the Republic of South Africa such as Regulation 28, CISCA, Regulation 30, and short-and long-term insurance investment limits and how various instruments apply to these regulations;
- Attention to detail and structured work approach;
- Excellent communication and negotiation skills, both written and verbal, as the ICSS team is dependent on downstream operations. The rule requires confident interaction with all areas of the business in order to perform team tasks;
- Confident, self-motivated individual and able to work under pressure;
- Positive attitude and dedication.