Key Responsibilities
- Conduct ongoing monitoring of financial advice to ensure compliance with FAIS and internal policies.
- Review Category I and II advisory and discretionary investment activities.
- Validate client mandates and monitor investment mandate compliance.
- Review advice files and identify potential compliance risks or irregularities.
- Analyse monitoring outcomes and escalate findings where appropriate.
- Prepare monitoring reports and maintain compliance records.
- Provide guidance to Financial Planning Partners, Business Development Managers, Paraplanners, and Operations teams on advice quality and compliance requirements.
- Support audit processes and regulatory reviews.
- Participate in compliance and governance initiatives.
Minimum Requirements
- Relevant tertiary qualification in Finance, Law, Risk, Compliance, or a related field.
- 1–3 years’ compliance monitoring experience within the financial services industry.
- Practical hands-on experience monitoring advice in terms of the FAIS Act.
- Strong understanding of Category I & II financial services environments.
- Knowledge of investment mandates, advice oversight, and variance monitoring.
- Strong analytical skills with excellent attention to detail.
- Excellent written and verbal communication skills.
- Proficient in Microsoft Office.
Advantageous
- Exposure to compliance consulting or internal audit within financial services.
- RE5 qualification.
- Postgraduate qualification in Compliance or Risk Management.
- CISA CPrac or CProf designation.
The Ideal Candidate
We are looking for someone who:
- Has practical FAIS monitoring experience rather than purely regulatory or policy exposure.
- Enjoys detailed monitoring and investigative work.
- Is eager to develop within compliance and build a long-term career.
- Thrives in a collaborative, hands-on environment.
- Is adaptable, proactive, and willing to learn.
