Compliance Manager: Investment Administration & TPA

SUMMARY:
Compliance Manager: Investment Administration & TPA

POSITION INFO:

Role: Compliance Manager: Investment Administration & TPA

Category: Compliance

Salary: Market-related

Location: Rondebosch

Our client is a prominent South African investment administrator dedicated to meaningful transformation and operational excellence. They are currently seeking a highly skilled Compliance Manager to oversee and manage the compliance framework for both the business and a diverse range of administered products.

This role offers a unique blend of high-level oversight and hands-on operational involvement within a dynamic Third-Party Administration (TPA) environment.

The Role Overview:
As the Compliance Manager, you will be responsible for embedding regulatory adherence into day-to-day operations. You will oversee a wide-reaching regulatory universe including Collective Investment Schemes (Manco/Unit Trusts), Hedge Funds, Retirement Funds, Tax-Free Savings, and Linked Investment Products. Beyond oversight, you will lead a dedicated compliance team and act as a subject matter expert on complex, high-risk, or judgment-based regulatory matters.

Key Responsibilities:

Maintain and evolve the compliance framework to ensure it remains practical and effective.

Interpret regulatory developments (FAIS, FICA, CISCA, Pension Funds Act, POPIA, etc.) and ensure timely operational implementation.

Lead engagements with the FSCA and other regulatory bodies, including inspections and submissions.

Manage the AML/CFT framework and oversee due diligence (CDD/EDD) for clients, investors, and advisors.

Provide direct involvement in high-risk cases and complex onboarding structures.

Ensure effective implementation of FATCA and AEOI/CRS requirements.

Embed compliance controls into TPA operations, investor servicing, and fund administration.

Monitor outsourced and delegated functions to ensure service providers meet regulatory standards.

Review high-risk transactions and provide guidance to operational teams.

Prepare comprehensive reports for senior management and governance forums.

Maintain risk registers, manage breach logs, and oversee incident remediation.

Contribute to product governance and the onboarding of new investment structures.

Manage and develop the Compliance team, providing coaching and performance support.

Foster a strong compliance culture across the business through training and practical guidance.

Requirements:

Experience: 6-10 years of Compliance and AML experience within Financial Services.

Sector Expertise: Previous experience in TPA/LISP platforms, Asset Management, Retirement Fund Administration, or Life products.

Leadership: Proven experience managing or supervising a compliance team.

Qualifications: Relevant tertiary degree (Law, Commerce, Risk, or equivalent).

Professional Status: FSCA-approved Compliance Officer (Category III) is essential.

Technical Knowledge: Deep understanding of South African financial legislation (CISCA, FICA, FAIS, PFA) and risk-based monitoring methodologies.

Competencies for Success:

Integrity: High ethical standards and sound judgment.

Analytical Thinking: Ability to translate complex legislation into seamless operational processes.

Communication: Strong stakeholder engagement skills and the ability to influence at all levels.

Agility: Comfortable operating in a fast-paced, highly regulated environment with strict attention to detail.