Work you'll pick up on day one:

• ODP licence application: the policy suite is built and the application is in progress with the FSCA
• Advice extension: Advice and Automated Advice are being added across the FSP product lines
• CASP: the transitional exemption is in place and the formal licence route is under evaluation
• CARF: reporting is being set up ahead of the first SARS return in May 2027
• Direct marketing and POPIA: the consent and opt-out processes need closing out
• Day-to-day compliance: AML/CFT, onboarding, monitoring and FIC reporting

This is a broad role in a business that moves fast. You won't be maintaining someone else's framework. You'll make the calls and decide what gets built.

What will you do:

Regulatory compliance:

• Monitor and enforce compliance with FAIS, the General Code of Conduct, Fit and Proper, FICA, AML/CFT and the FSP licence conditions
• Track FSCA, FIC and SARS changes and make sure they're implemented
• Prepare and submit regulatory reports, notifications and licence applications (ODP, CASP, licence extensions)
• Handle CASP and CARF reporting
• Prepare for and manage regulatory inspections, and respond to FSCA and FIC requests
• Run compliance audits and track corrective actions to closure

Product compliance:

• Review new and existing products, services and processes against the licence scope and the applicable requirements
• Set the controls a product must meet before launch
• Review client journeys, disclosures, fees, marketing materials and the execution model
• Oversee the compliance of advice processes (suitability, record-keeping, rep supervision)

Policies and procedures:

• Write and update internal policies and procedures
• Keep the Policy Register up to date and make sure review dates are met
• Own the procedures for KYC/KYB, CDD/EDD, complaints, the Travel Rule, direct marketing, reporting and monitoring

AML and monitoring:

• Make sure FICA and the RMCP are applied in practice
• Do KYC/KYB and CDD/EDD reviews, and approve or decline account openings
• Design and run ongoing client monitoring and AML and trading alerts
• Prepare and submit FIC reports and handle FIC communication
• Monitor trading activity and trade execution for compliance
• Do due diligence and KYC on brokers, exchanges, payment providers and other material counterparties

Governance and reporting:

• Prepare regular compliance reports for the Board
• Take part in the compliance meetings and track actions through to completion
• Look after rep competency and Fit and Proper records together with the Key Individual

Requirements:

Must-haves:

• 3+ years as a Compliance Officer or Chief Compliance Officer at an FSP, broker, crypto business or other regulated financial firm
• Eligible for FSCA approval as a Compliance Officer
• Degree in law, finance, economics or a related field
• Hands-on knowledge of FAIS, the General Code of Conduct, Fit and Proper Requirements, FICA and AML/CFT, and of how the FSCA and FIC work in practice
• Practical experience with KYC/KYB, CDD/EDD, sanctions and PEP screening, ongoing monitoring and FIC reporting
• A track record of writing policies, running compliance reviews and audits, and following breaches through to fixes
• A solid understanding of financial instruments and their risks, including derivatives and crypto assets
• Fluent English

Strong advantage:

• Experience with ODP, CASP or licence extension applications
• Exposure to CARF/CRS reporting or the Travel Rule
• Compliance experience at a Category I FSP offering derivatives or crypto

How you work:

• You work independently. You've owned outcomes yourself rather than supporting someone else's framework.
• You're precise and meet deadlines. You finish what you start.
• You escalate material risks early and in plain language
• You're comfortable working with a distributed, international team

We are looking for a Compliance Officer who is passionate about the financial markets and has a proven track record of success. If you are this person, we encourage you to apply for this exciting opportunity.

Send us your application / CV: bulakhas@brokstock.co.za