Senior Compliance Officer | Assurance | Compliance

Job Summary

This role, Senior Compliance Officer with primary focus on Anti-Money Laundering, CRS and FATCA compliance.

The successful applicant will be part of the overall Assurance team who work across the Allan Gray enterprise, specifically in the Compliance Team. There is high engagement with senior stakeholders, advising on, monitoring, and reporting compliance related issues to the business and the relevant Board committees and Boards where applicable.

The role requires proficient knowledge of the Financial Intelligence Centre Act, Guidance Notes and Public Compliance Communications (PCCs) issued by the FIC), and the ability to apply foreign AML legislation. Working knowledge of legislation relating to CRS and FATCA, Financial Advisory and Intermediary Services Act, Long-Term Insurance Act, Collective Investment Schemes Control Act, Protection of Personal Information Act and the Pension Funds Act is also required.

The role will report to and work closely with the Head of Compliance, managing a small team in our Cape Town office.

Role Responsibilities

Key focus areas:

• The successful applicant will be part of the overall Assurance team who work across the Allan Gray enterprise, specifically in the Compliance Team. There is high engagement with senior stakeholders, advising on, monitoring, and reporting compliance related issues to the business and the relevant Board committees and Boards where applicable.
• The role requires proficient knowledge of the Financial Intelligence Centre Act, Guidance Notes and Public Compliance Communications (PCCs) issued by the FIC), and the ability to apply foreign AML legislation. Working knowledge of legislation relating to CRS and FATCA, Financial Advisory and Intermediary Services Act, Long-Term Insurance Act, Collective Investment Schemes Control Act, Protection of Personal Information Act and the Pension Funds Act is also required.

The role will report to and work closely with the Head of Compliance, managing a small team in our Cape Town office.

Key Focus Areas

• Function as the Money-Laundering Reporting Officer for Allan Gray across the South African and Bermuda entities
• Ensure compliance with local and international financial crime regulations including AML, CFT, sanctions, anti-bribery laws within the South African and applicable foreign regulatory landscape working closely with key stakeholders across Allan Gray.
• Provide expert advisory to the business on compliance risks and obligations to ensure alignment with FSCA, PA and FIC expectations
• Advisory on CRS and FACTA compliance across the relevant business areas
• Lead a small team, overseeing and driving deliverables and development of the team
• Maintain and update the RMCP where necessary
• Drafting, maintaining and enhancing Compliance Monitoring Plans (CMPs)
• Determining the amount, frequency and type of monitoring needed to satisfy the CMPs.
• Draft, maintain and enhance Compliance Risk Management Plans relevant to AML, CRS and FATCA
• Monitoring of relevant legislation/ internal rules and/ or policies impacting the business, including wider legislative, regulatory, company and industry standards, and pro-actively assists the business in implementing new and/or amended regulatory requirements.
• Draft and submit status, committee and/ or board reports.
• Track instances of non-compliance and liaise with responsible person(s) to ensure agreed action plans are implemented.
• Interacting with regulators, industry bodies and internal/ external stakeholders.
• Review the training register to check whether comprehensive training programs have been implemented, and whether all the relevant personnel have been trained.
• Active participation in consultative and lobbying structures regarding legislative and regulatory developments.
• Responsible for the completion and/or maintenance of Regulatory Universe.
• Cultivates constructive relationships which results in the Business proactively seeking Compliance involvement.
• Lead a team of two Compliance Officers.

Competencies and attributes

• Effective stakeholder management; negotiation and influencing skills.
• Good management and leadership ability.
• Strong analytical, investigative, problem solving and probing skills.
• Solid report-writing skills and presentation skills.
• Excellent communication and interpersonal skills, including communicating effectively with colleagues and external parties (clients, regulators and industry bodies).
• Methodical, thorough and attentive to detail.
• Passionate, dynamic, proactive and driven.
• Impartial and challenging (independent minded).
• Good ethical judgement.
• Excellent emotional intelligence.
• Ambitious and avid learner.
• Ability to work efficiently without close supervision.
• Team player.
• Adaptable and resilient.
• Self-motivated, organised and deadline driven.
• Excellent Microsoft Office skills - MS Outlook, Word, Excel, Visio, PowerPoint etc.

Qualification And Experience

• A Legal and/or Commercial undergrad and post-graduate degree is required.
• A minimum of 8 years Financial Services experience, specifically Investment Management is preferable of which the past 5 years has been with a focus on anti-money laundering compliance with local and international financial crime regulations including AML, CFT, sanctions and anti-bribery laws.
• Hands-on knowledge of and experience with CRS and FACTA is highly advantageous.
• Compliance Professional registered with the Compliance Institute of South Africa is preferable.

Application details

The role is based at 1 Silo, V&A, Cape Town.

Closing date is: 22 June 2025

Please include your transcripts (Matric and University) and proof of registration with the Compliance Institute of South Africa