Markets Compliance Officer - Vice President

Johannesburg, Gauteng
Permanent
Full-time

27 days ago

Job Category: CCOR LOB/CF/Country CoverageJob Description:Markets Compliance OfficerAre you ready to take on a pivotal role in compliance within the dynamic financial services sector? As a Markets Compliance Officer, you will have the opportunity to leverage your expertise in compliance risk management and regulatory knowledge to drive impactful change across Sub-Saharan Africa, Israel, and Mauritius.Job Summary:As a Compliance Officer in South Africa, reporting to and supporting the Head of Compliance for Sub-Sahara Africa, Israel, and Mauritius based in Johannesburg, you will play a key advisory role in JSE and Over the Counter regulations. We are seeking a seasoned Global Markets Compliance professional who meets the qualification requirements across the JSE markets. You will collaborate effectively with Line of Business (LOB) and global/regional Compliance teams, including Internal Audit, Operational Risk, and other Control functions. This role demands strong expertise in compliance risk management and knowledge of the applicable regulatory landscape in the financial services sector.
In this role, you will provide comprehensive compliance coverage across multiple areas, serving as the team's subject matter expert for specific regulations including the Banks Act, Conduct Standard for Banks, Financial Markets Act, Financial Markets Regulations, Financial Sector Regulations Act, FAIS Act, Financial Intelligence Centre Act, and JSE Rules and Directives. You will execute core practices such as governance and oversight, regulatory management, regulator engagements, policies and procedures, training and awareness, monitoring and testing, issue management, risk assessment and reporting, and risk control self-assessment. Experience in dealing with key regulators is essential, and participation in industry associations and forums will be advantageous.Job Responsibilities:

Provide comprehensive compliance coverage across multiple areas, serving as the team's subject matter expert for specific regulations.
Execute core practices: governance and oversight, regulatory management, regulator engagements, policies and procedures, training and awareness, monitoring and testing, issue management, risk assessment and reporting, and risk control self-assessment.
Develop compliance risk management plans (CRMPs), maintain regulatory inventories, and process JSE, ODP, and FSP registrations for regulated roles.
Conduct analysis to identify major issues and actionable opportunities, design solutions, and quantify financial impact.
Develop presentations for management, stakeholders, and regulators to communicate issues, recommendations, and initiative status.
Identify potential concerns and control issues, determine root causes, and ensure stakeholders implement corrective actions.
Conduct ongoing compliance monitoring activities, participate in special projects, and conduct investigations on suspicious activity and/or market abuse.
Challenge the status quo by providing critical thinking and decision-making capabilities to identify problems and propose solutions.
Prepare advice and guidance on regulatory and firm policy issues, and alert management on any risk.
Participate in industry forums, report regulatory developments to relevant committees, and support strong regulatory relationships.
Provide real-time regulatory advice and decisions in high-pressure situations.

Required Qualifications, Capabilities, and Skills:

Derivatives product module (SAIFM)
Bond product module (SAIFM)
Introduction to Financial Markets (SAIFM)
Regulations & Ethics of South African Markets (SAIFM)
Strong understanding of Markets Products
Demonstrated ability to partner with stakeholders on projects.
Strong written and oral executive-level communication skills.
Experience with risk and controls.
Detail-oriented with high attention to detail and quality in work products.
Excellent analytical skills.
Bachelor's degree with professional certification, with a minimum of 5 years of compliance or related risk management experience.

Preferred Qualifications, Capabilities, and Skills:

Experience in dealing with key regulators.
Participation in industry associations and forums.
Strong expertise in compliance risk management.
Knowledge of the applicable regulatory landscape in the financial services sector.

About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.About the Team:Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

JPMorgan Chase

Apply Now