Investment Compliance Specialist

Through our client-facing brands and our other specialist brands, Momentum Group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.

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Oversee the implementation and ongoing maintenance of processes and procedures to ensure investment compliance within Momentum Investments. This includes adherence to statutory, supervisory, internal, and client‑mandated investment restrictions applicable to portfolios managed and administered by the various legal entities.

• A relevant degree (BCom with a specialization in finance or investments, BCom Law, or LLB with applicable compliance experience) and/or compliance qualifications are required.
• An advanced qualification such as a BCom Honours, MBA, CFA, or Postgraduate Diploma in Compliance is advantageous.
• In-depth knowledge of Investment Securities and Investment Markets is essential.
• Experience with Regulation 28 and SARB asset allocation reporting is mandatory.
• At least 3–5 years of relevant compliance or risk management experience, including interpreting and applying investment limitations in areas such as:
  • Retirement Funds (Pension Funds Act – Reg 28)
  • Insurance Act
  • Collective Investments Schemes Act
  • Collective Investment Schemes environment (CISCA – BN90)
  • ASISA Codes, Standards, and Guidelines
  • Medical Schemes Act – Reg 30
  • Internal and Client Mandatory Limits
  • LISP environment
  • Asset Management environment
  • Long-Term Insurance environment
  • Other relevant legislation
• Must comply with FAIS honesty and integrity requirements and not be an unrehabilitated insolvent, nor have entered into a compromise with creditors, or been provisionally sequestrated or liquidated.
• Experience in most of the listed areas is required, though familiarity with all is advantageous.

In order to achieve the purpose of the role, the following activities will be required:

• Review and maintain the Investment Compliance Universe:
  Contribute to the review and accurate maintenance of the Investment Compliance Universe for Momentum Investments specific to this role. Ensure that all relevant investment limitations, both new and amended, are identified, classified, risk-rated, documented, and linked to the appropriate client accounts. Maintain these details accurately in the compliance systems used by Momentum Investments.
• Review and update Investment Compliance policies:
  Participate in the annual review of critical Investment Compliance policies related to this role. After making any necessary amendments, submit the updated policies to the Head of Compliance and Risk Attribution for review and approval by the relevant forum. Maintain the Investment Compliance Policy Register accurately.
• Develop and monitor Investment Compliance Monitoring Plan:
  Engage in the review and development of a comprehensive Investment Compliance Monitoring Plan to ensure its accuracy and completeness. Monitor all relevant investment limitations for the assigned portfolio universe on a regular post‑trade basis, and, where practical, on a pre‑trade basis.
• Manage compliance breaches:
  Contribute to and implement the compliance breach management process, including identification, analysis, resolution, and escalation procedures. Ensure the process addresses all…