Job title Compliance Processing

Reporting relation Team Leader

Purpose of job
Provide overall administrative support to clients` portfolios by executing and following up on transactions that impact the clients portfolio and cash flow.

Key Relations
Wealth Managers and their Assistants, Wealth Planners and their assistants and other financial investments brokers and companies.

Qualification
Matric
Preferable - studying towards a financial or related qualification

Experience
2 years experience in a financial or investment industry.

Computer competency requirements
Outlook
Excel
Tyrus
word

Competencies
• Attention skills
• Time and Stress Management skills
• Understanding skills
• Calculation sills
• Good communication skills – Verbal and Written Knowledge
• Knowledge of products and rules
• FICA and FAIS
• Timelines of varying transactions
• Different currencies and exchange rates Personal characteristics
• Detail orientated
• Motivated
• Frustration tolerant

KPA/ Strategic business deliverables
• Action transactions that are allocated on a daily basis
• Adhere to stringent procedures and checks prior to submission of transactions, viz FICA, FAIS, Mandates, due diligence, correct scanning, cash flows. Legal compliance checks to trusts, commission, parameters and closing letters.
• Submit original applications to supplier where applicable
• Reject transactions if a non conformance is identified
• Submit transactions and confirm receipt
• Rectify any outstanding due diligence
• Monitor the progress of transactions by the prescribed time frame.
• Draw statements and verify that submitted transactions are actioned and completed correctly.
• Update changes and complete fields on Computer system.
• Merge requested statements on computer system as a verification that transactions are completed.
• Check contracts
• Update lists and reports pertaining to FICA / FAIS and Manager lists for scorecards
• Create workflow items if funds are resolved on different dates.