- The role requires the incumbent to provide administrative, operational and governance support to the Internal Governance Officer and broader governance functions within SRA: Risk & Savings.
- This includes supporting Party Due Diligence (PDD) activities, compliance monitoring processes, regulatory reporting, governance record keeping and the effective administration of legislation including FICA, POPIA, the Long-term Insurance Act Regulations, Prudential Standards and Policyholder Protection Rules (PPR).
The following outcomes will be expected to be achieved by the Compliance Administrator:
Support Function for Due Diligence:
- Assist with maintenance of record keeping of AML, CFT, CPF documentation.
- Custodian of archived records and ensure ease of accessibility.
- Maintain enhanced due diligence Hitmaster list for high-risk clients and where additional controls are applied.
- Keep track of and support Internal Governance Officer with ad hoc projects.
- Assist with the batch drop tracking progress and support with the preliminary steps of the process.
- Support New Business team including FICA Specialists, Party Due Diligence Analysts and AML Analysts with volumes when required.
Facilitate record keeping in terms of various relevant legislation:
- POPIA (breach management, IRC, DSP).
- PPR (Product Development Framework, Governance Frameworks, Data Management Framework, etc).
- FICA responsibilities (process documents, static and dynamic risk controls/ evidence, track FICA training).
- Facilitate the maintenance and version control of the various internal policies, standards, frameworks and other documents stored in a centralized internal location.
- Track the various dates for submission by SRA: Risk & Savings to assurance providers and regulators and ensure preliminary preparations are done to facilitate these submissions e.g. quarterly AML/ CFT/CPF submission to the Prudential Authority & Annual Regulatory Report Submissions.
- Liaison with relevant stakeholders for gathering and submission of sampling for monitoring and control testing.
- Liaison with relevant stakeholders for any requirements relating to STR and SAR investigations or Section 27 FICA requests.
- Support the Internal Governance Officer with the upkeep and maintenance of the Outsourcing register.
- Monthly feedback with Internal Governance Officer to track and report on various activities relating to overall Administrative Compliance, Operational and Governance matters.
- Regular reporting to Internal Governance Officer on any New Business production issues.
- Assist with and feedback on 2nd line compliance activities requests.
- Coordinate the monthly FICA reporting process by collecting, consolidating, reviewing and distributing compliance monitoring responses between the business and compliance.
- Maintain the High-Risk Client register and record all approved enhanced due diligence outcomes.
- Support the Internal Governance Officer with regulatory engagements and information requests received from the AML CoE/external stakeholders.
- Support STR, SAR and CTR reporting processes and liaise with the AML CoE where required.
- Assist with POPIA breach management administration, investigation tracking and reporting requirements.
- Support the compilation and coordination of quarterly AML and data privacy reporting submissions and supporting evidence.
- Maintain governance repositories, electronic filings and compliance records management to ensure audit readiness and effective version control.
- Support the Internal Governance Officer with the maintenance of outsourcing registers, risk assessments and SRA: Risk & Savings Compliance documentation.
- Provide administrative support during audits, compliance reviews, regulatory inspections and governance forums.
- Grade 12
- Relevant qualification in Compliance Management, Governance, Risk Management, Law or Business Administration.
- 3 - 5 years' experience in a similar role within Financial Services.
- Exposure to regulatory reporting, risk management, governance administration, record management and audit support processes.
- A solid understanding of the risk management process.
- Knowledge of the compliance monitoring process.
- Knowledge of customer due diligence requirements and primary Legislation i.e FICA, LTIA, PPR, POPIA, LTIA Regulations.
- Communicates effectively
- Decision quality
- Analytical thinking
- Cultivates innovation
- Plans and aligns
- Concern for accuracy
- Customer focus
- Collaborates
- Drives results
- Influencing and gaining commitment
- Team focus
- Being resilient
- Computer skills (MS Office - Word and Excel advanced level)
- Being Resilient
- Collaborates
- Cultivates Innovation
- Customer Focus
- Drives Results
Closing Date: 5 November 2026.