Compliance Manager, Finance & Banking

Purpose of the job

The Compliance Manager is responsible for managing and overseeing the compliance framework for both the business and the products administered by Intembeko aligned to Intembeko' regulatory universe.

The Compliance Manager is responsible for managing and overseeing the compliance framework for both the business and the products administered by Intembeko aligned to Intembeko' regulatory universe. This includes oversight across a diverse range of administered products including collective investment schemes (Manco/unit trusts), hedge funds, retirement funds, tax-free savings products, living annuities, endowments and other linked investment products within a third-party administration (TPA) environment.

The role requires both oversight and hands-on involvement in operational compliance activities and is responsible for embedding compliance into the day-to-day operations, strengthening control effectiveness and proactively managing regulatory risk. This includes direct involvement in complex, high-risk or judgement-based matters, while overseeing the consistent execution of compliance activities across the team. The role encompasses end-to-end responsibility for operational compliance, including AML/CFT and KYC requirements, tax transparency obligations (including FATCA and AEOI/CRS), and ongoing regulatory monitoring across collective investment schemes, hedge funds, retirement funds and life products.

The role also includes ownership and oversight of client, product and counter party due diligence frameworks, including onboarding governance, risk classification methodologies and ongoing due diligence monitoring across all administered structures. The Compliance Manager also holds direct people management responsibility for the Compliance team, ensuring effective monitoring, reporting, regulatory adherence, and capability development within the function.

• Maintain the compliance framework, ensuring it remains effective, practical and aligned to regulatory requirements.
• Interpret regulatory developments and ensure appropriate and timely operational implementation.
• Ensure adherence, but not limited, to the FAIS Act and FSCA Conduct Standards, FICA and AML/CFT legislation, CISCA, Pension Funds Act, Long-Term Insurance Act, Income Tax Act (as applicable) and POPIA and data protection requirements.
• Lead or coordinate regulatory engagements with the FSCA and other regulatory bodies, including inspections, information requests and external compliance reviews.
• Support regulatory reporting and submissions.

• Manage the AML/CFT framework across all clients and administered products.
• Ensure effective execution of onboarding, due diligence and ongoing monitoring processes for clients, investors, members, beneficiaries and advisors.
• Ensure effective implementation of CDD, EDD, transactional and ongoing due diligence processes. Provide direct involvement in high-risk and complex cases.
• Oversee formalised due diligence frameworks including investor risk rating, product risk classification and enhanced due diligence for high-risk clients, structures and jurisdictions.
• Ensure effective sanctions screening, transaction monitoring and suspicious activity reporting processes.
• Ensure effective implementation and oversight of FATCA and AEOI/CRS requirements.

• Embed compliance controls into the daily third-party administration ("TPA") operations, including investor servicing and fund administration.
• Ensure compliance oversight across outsourced and delegated administration functions, including monitoring of service providers, mandates and service level agreements.
• Review high-risk or complex transactions and provide guidance and decision-making support to operational teams.
• Participate in monitoring activities for high-risk or complex areas where required.
• Ensure compliance controls are embedded within key operational processes.
• Ensure that outsourcing and third-party arrangements meet regulatory and governance requirements.

• Prepare compliance reports for…