PFA Compliance Specialist

Recruiter:

Kamo Placements

Job Ref:

JHB000678/m

Date posted:

Thursday, June 17, 2021

Location:

Sandton, South Africa

SUMMARY:
Ensure embedment of the Group compliance risk management framework and regulatory universe in respect of the Pension Funds Act and all regulatory requirements relating to the administration and management of retirement funds and their benefits (Ã¢Â€Â˜the PFAÃ¢Â€Â). Independent risk-based monitoring of controls implemented by the business in respect of the PFA Provide guidance and recommendations to managem

POSITION INFO:

JOB DESCRIPTION

Drive compliance with the PFA across Alexander Forbes Group operations
Provide business with legislative requirements for PFA compliance
Deal with requests for advice and respond to queries on PFA issues from the business
Advise business on regulatory requirements (FSCA)
Provide input on draft regulatory requirements
Assist in responding to the regulator on PFA queries and submissions
Ensure that an appropriate PFA CRMP is developed
Conduct internal awareness sessions on the PFA and its associated regulations, codes of conduct, or information obtained from the regulator
Provision of fit for purpose general PFA awareness and training across AF Group
Assist with the management of any PFA breaches in AF Group
Review and provide input into PFA policies, standards and processes
Being risk focussed by continually assessing both internal and external factors that influence the entities risk profile within reviews being monitored.
Working closely with other teams and other assurance providers across Group itself.
The ability to persuade and influence people and key stakeholders to ensure the primary goals are met.

JOB REQUIREMENTS

Position requires a Bachelors degree qualification
5 years’ experience in the Financial Services industry.
Extensive experience in PFA regulation
Extensive knowledge of pension fund administration environment
Implementing PFA procedures into a financial services environment

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