Specialist | Institutional Client Operations | Institutional Shared Services at Allan Gray Proprietary Limited

Job Responsibilities

• The candidate will be responsible for the following elements of regulatory compliance and reporting:
• Collaborating with compliance and ensuring all new legislation, as well as changes to existing legislation and regulations, are understood and implemented successfully across all operational teams and regions.
• Implementing and maintaining controls and processes, ensuring effective oversight and internal reviews of client reporting, Anti-Money Laundering (AML), Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) compliance, Protection of Personal Information Act (POPIA), Complaints and Errors. 
• Reporting on various statuses of compliance such as AML, suspicious transacting reporting, last verified date, FATCA, productivity measures and client service metrics to management.
• Develop and grow team members to ensure their specific development areas and skillsets are continuously being improved upon and further review that process documents are being updated by the respective business teams.
• Build and maintain strong client relationships to become a key Institutional Client Operations contact. Ensuring complete, accurate and timely responses to client enquiries. 
• Complete tasks accurately and within set timelines. 
• Engage with the auditors and internal stakeholders for the timely update and completion of the ISAE3402. 

Activities of Role

The core activities of the role will include:

• Be the point person for all compliance and regulation related questions from the business.
• Reviewing control environment and ensuring all controls have clear owners that can demonstrate action.
• Reviewing sign-offs in the event of any special considerations on client information and documentation requirements, ensuring that the sign-off is ready for Senior management approval.
• Performing transaction anomaly and cash threshold reporting.
• Performing analysis of daily PEP screen results.
• Check client database for any parties who are updated on S&T lists.
• Implement controls to ensure data remains up to date and complete.
• Perform applicable FATCA/CRS reporting for all entities. 
• Highlight issues to be addressed by management that may lead to non-compliance or dirty data.
• Ensure that ongoing training needs of team members are being met in accordance with the annual training calendar, including onboarding training for new starters and annual refresher training for all employees.

Education

• Sound business process and regulatory knowledge is an advantage.
• Experience in the asset management industry preferably in AML, FATCA, POPIA and CRS.
• Sound understanding of all compliance related matters.
• Experience in facilitating training and coordinating projects will be beneficial.