Website Investec Bank
Investec Bank is an Anglo-South African international banking and wealth management group, co-headquartered in Sandton, South Africa, and London, United Kingdom.
About Investec Bank
Investec Bank is an Anglo-South African international banking and wealth management group, co-headquartered in Sandton, South Africa, and London, United Kingdom. It provides a range of financial products and services to high-net-worth individuals, businesses, and institutions in Europe, Southern Africa, and Asia-Pacific. Investec was founded in 1974 in Johannesburg, South Africa.
Role Description
The FAIS Compliance Officer will play a key role in ensuring the organization’s ongoing compliance with the Financial Advisory and Intermediary Services (FAIS) Act. This position is responsible for registering FAIS representations for the business, providing expert advice to all Wealth & Investment businesses regarding compliance, and actively monitoring FAIS and conduct compliance related to the company’s FAIS license.
Responsibilities
- Register FAIS representatives for the business and maintain accurate records of all registrations.
- Advise business units on FAIS compliance requirements, including licensing, reporting, and operational procedures.
- Monitor and review ongoing FAIS and conduct compliance across all relevant business areas.
- Develop and implement compliance frameworks, policies and practical procedures to policies to ensure adherence to FAIS legislation.
- Report on compliance status, risks, and remediation activities to senior management.
- Provide training and support to staff on FAIS compliance matters.
- Liaise with vendor that supplies the FAIS records system regarding system updates, changes and requirements
- Engage with regulators on queries and during regulatory inspections
Qualifications, Experience and Skills
- Bachelor’s degree in Law, Finance, or a related field.
- 5–10 years’ experience as a registered FAIS Compliance Officer.
- Proven experience in FAIS licensing, compliance monitoring, and regulatory reporting.
- Knowledge of the Collective Investment Schemes Control Act (CISCA) and Financial Markets Rules essential.
- Strong understanding of regulatory frameworks, conduct risk management, and governance practices.
- Excellent communication, analytical, and problem‑solving skills.
- Detail‑oriented, highly organised, and able to work independently or as part of a team.
- Demonstrates professional integrity, strong ethical standards, and sound judgement.
- Effective interpersonal skills with the ability to advise, influence and train staff.
What We Value
At Investec we seek creative, talented people with passion, energy and stamina, who collaborate unselfishly.
To apply for this job please visit careers.investec.co.za.
