Experience

IFX Brokers

• Financial Services
• 1 - 100 Employee

• Head of Compliance

  • Nov 2022 - Present

  • General compliance for all Financial Service Regulations • Keep the business informed on all deadlines for financials, class of business and any other market related matters. • Date reviews of registers and policy documents • Manage competence register. • Quarterly declarations • Liquidity calculations • Honesty, integrity, and conflict of interest declarations for non-Ki Directors • GoAML board • Due diligence on product suppliers • Draft documents for KI’s sign off. • Prepare board packs for Board meetings. • Prepare agendas for monthly meetings. • Prepare agendas and minutes for monthly exco, compliance, risk and IT committee meetings. • Prepare agendas for monthly meetings. • Minute all meetings. • Submit cash thresholds, suspicious transaction reports. • Complaints handling • Advertising checklists • POPIA • All ODP related compliance matters • FAIS, FMA, FSR, FICA, POCDATARA associated obligations • Liaison with relevant regulatory bodies on an ongoing basis • Compliance reporting, written reports to management and various committees • Training staff on compliance issues and new legislation • Compliance Management enablement including, implementing compliance controls, processes, and procedures. • Establishing and updating the Compliance manual and Code of Ethics. • Determine statutory and management requirements applicable to business areas. • Controlling FICA • Updating and monitoring the business continuity plans Show less



Citi

• United States
• Financial Services
• 700 & Above Employee

• Compliance Officer

  • Feb 2020 - Feb 2021

  Strate compliance functions Primary liaison with the Regulator Daily reconciliations of Money Market, Bonds and Equities accounts Receive fines from the regulator, investigate and provide feedback Compile monthly fines and losses stats for EXCO reports Plan and facilitate annual Strate onsite visit, internal and external audits Facilitate workshops with staff to communicate all market and directive changes Compile and conduct market training to staff Business Assurance, perform adhoc reviews on processes within all departments, ensuring sufficient controls are in place and recommendations made when necessary Planning and facilitating the bu-annual DR/BCP testing, compiling and submitting the results to the regulator Review and update the BCP plan annually Risk input and sign off to key business projects, new processes and changes to existing processes Identify and manage regulatory risks To ensure that the organization has internal controls that adequately measure and manage risks Support business areas to comply with laws, policies, regulations and internal procedures Reviewing documentation for submission to CIPC Maintainance and accuracy Of Polocies Submission of Annual Financial reports Coordination and preparation of Exco decks Taking minutes in advisory meetings Show less



RMB - Rand Merchant Bank

• South Africa
• Banking
• 700 & Above Employee

• Compliance Officer

  • Mar 2017 - Aug 2019

  Strate compliance functions Primary liaison with the Regulator Daily reconciliations of Money Market, Bonds and Equities accounts Receive fines from the regulator, investigate and provide feedback Compile monthly fines and losses stats for EXCO reports Plan and facilitate annual Strate onsite visit, internal and external audits Facilitate workshops with staff to communicate all market and directive changes and conduct training Business Assurance, perform adhoc reviews on processes within all departments, ensuring sufficient controls are in place and recommendations made when necessary Planning and facilitating the bu-annual DR/BCP testing, compiling and submitting the results to the regulator Review and update the BCP plan annually Risk input and sign off to key business projects, new processes and changes to existing processes Reviewing Clients Fica and KYC documents Reviewing Clients BEE applications and documents Show less



Nedbank

• South Africa
• Financial Services
• 700 & Above Employee

• Risk and Compliance Manager

  • Nov 2015 - Jul 2016

  Assist Strate Compliance Officers with the Strate Compliane function. Primary Liaison with Regulator. Assist with the Enterprise Wide risk function covering all 17 risks. Assist with risk profile building. Maintain risk information on Risk system. Manage the loss reporting system. Ensure and monitor action plans are relevant in terms of addressing the risk as per the register. Perform adhoc Risk/Compliance investigations. High level of governance and documentary audit trail maintained. Compilation of all risk reporting . Maintenance of risk management systems. On going interaction with BU senior management to inform, discuss and advise on risk issues/events. Effective risk identification and assessment processes established and maintained, including business environment assessment. Effective facilitation and monitoring of key risk mitigation procedures. Risk input and sign - off to key business projects, new processes and changes to existing processes. Show less



Strate (Pty) Ltd

• South Africa
• Financial Services
• 100 - 200 Employee

• Supervision Officer

  • Jan 2013 - Oct 2015

  Maintain and enhance existing relationships with all current STRATE Supervision clients. Maintain the existing Supervision performance and compliance monitoring tools and programs. Participate in development of new, or enhancement of existing, Supervision performance and compliance monitoring tools. Effectively resolve, manage and prioritize all stakeholder queries and ensure effective and timeous resolution which exceeds expectations. Gather information from Participants and stakeholders to assist in developing new products which support the strategic objectives of STRATE Supervision. Understand Participant, stakeholder and Supervision requirements and communicate effectively to applicable internal divisions of Strate. Advise Participants of market Rules, requirements, functionality and processes. Assist with the successful roll out of annual Participant On – site Review program. Provide assistance to all internal Strate Divisions on matters relating to Supervision. Provide SARB with daily cash projections. Check daily reports for any transgressions and sending fines to Participants for any transgressions. Check weekly and monthly Equities and Bonds BND and follow up with Participants and Nominees i.e. any Reconciliation or Validation errors. Follow up on any Technical difficulties. Read all annual and disaster recovery reports and give feedback to Supervision team. Attend quarterly Risk management meetings with the Risk team. Liaise with the Legal team regarding changes on any Directives. Attend Risk and Supervisory board meetings. Attend Compliance Officers Forums. Assist in organizing the Auditors training. Ensuring that all reports are up to date according to Market changes and raise heats if necessary Preparing Monthly recons of fines and capturing all fines. Corresponding with Finance team to ensure all payments are received. Show less



FNB Custody

• Bankcity Johannesburg

• Equity Settlement Specialist

  • Oct 2010 - Dec 2012

  Follow up on any T+4 trades Run manual affirmations Do all possible T+3 links and follow up on statuses and any lack Notify client on any problems Capture new instructions Follow up on unmatched trades Action allotments, private placing's and cancellations Send monthly stats to client Monitoring and avoid daily risk Follow up on any T+4 trades Run manual affirmations Do all possible T+3 links and follow up on statuses and any lack Notify client on any problems Capture new instructions Follow up on unmatched trades Action allotments, private placing's and cancellations Send monthly stats to client Monitoring and avoid daily risk



Absa Investor Services

• Absa Towers, Johannesburg

• Settlements Specialis to Teamleader

  • Jan 2001 - Aug 2009

  Conduct appraisals to measure performance. Monitor and avoid daily risks. Capturing Vostro payments. Verification and processing of Strate penalties. Signing of zaps and cash payments Monitoring and reporting transaction and rebate to Strate. Calculating and paying STT on behalf of clients. Monitoring and clearing of any discrepancies on CPL, Vostro and Collateral accounts and the Lending desks Satrix’s accounts Training of new staff Work hand in hand with the Compliance officer Liaising with STRATE Ensuring the reporting of all potential problems to STRATE on T+4 & T+3 orders Check funding positions & monitor payments thereof. Monitoring & reconciling of differences on the STRATE CPL Account before EOD Sending requests to STRATE for all un-commits & breaking of back to back links Provide Treasury with a forecast for the funding/withdrawal on the CPL account when system problems occur. Ensure that the monitoring of statuses takes place. Ensure that STRATE rules and timelines are adhered to. Ensure all staff is properly trained for their jobs. Manage Staff appraisals Manage Leave programs Ensuring that all accounts have sufficient balances to trade. Balancing and updating of clients’ accounts Managing collateral of lending trades Calculating UST on taxable trades and making relevant payments to SARS on behalf of clients Capturing Allotments and Private placings Authorizing trades Matching and loading of ADR trades Dealing with Foreign clients Capturing of clients instructions Loading broker notes Matching trades with brokers. Settlement of trades Banking of cheques Drawing client statements Reconciling statements of local and foreign clients Cash transfers Confirming daily interest rates Liaising with both foreign and local clients Processing cash journals on the FBS system Opening and closing of accounts Query solving,24 hour turn around Always striving to give the best possible service Show less