Compliance Officer (CP)

The National Credit Regulator (NCR) was established as the regulator under the National Credit Act
34 of 2005 (the Act) and is responsible for the regulation of the South African credit industry. It is
tasked with carrying out education, research, policy development, registration of industry
participants, i.e., credit providers, credit bureaux, alternative dispute resolution agents, payment
distribution agents and debt counsellors, investigation of complaints, and enforcement of the Act.
The Act requires the NCR to promote the development of an accessible credit market, particularly to
address the needs of historically disadvantaged persons, low income persons, and remote, isolated
or low density communities. The NCR invites applications from suitable candidates for the following
position

Position: Compliance Officer (CP)
Paterson Grade: C- Lower
Salary ranges from: R159 100 – R302 300
Ref: CPCO/11/24

Requirements:

• The suitable candidate must hold a Bachelor of Commerce/BCom Law or LLB.
• An advanced qualification and/or certification in Compliance will be an added advantage.
• A minimum of 2 years relevant working experience in the financial, regulatory or compliance environment is required.
• Must have a driver’s license

Duties:

• The successful candidate will be responsible for monitoring compliance with the National credit providers and registration conditions.
• Identifying credit providers who are non-responsive and planning all logistical requirements to conduct onsite visits and recommend corrective measures to address identified areas of non-compliance.
• Drafting compliance monitoring reports.
• In line with the NCA, ensure that enforcement steps are taken where non-compliance is identified. Monitoring submissions and analysing statutory reports.
• Conducting workshops to Credit Providers and Alternative Dispute Resolution Agentsas and when required.
• Preparing draft information/data requests as and when required by Management.

Knowledge:

• National Credit Act.
• Broad based knowledge of registration laws, rules and regulations.
• Compliance regulatory framework.
• An understanding of the South African credit market.

Skills:

• Computer literate
• Report and letter writing skills.
• Detail orientated
• Presentation skills
• Good communication skills verbal and written.
• Must have strong personal and professional ethics.
• Ability to work under pressure.

Closing date: 25 November 2024

The National Credit Regulator is an equal opportunity organisation which offers competitive market
related packages. Suitable persons should send a detailed CV quoting the relevant reference number
to: EST-Recruitment@ncr.org.za

Correspondence will only be entered into with short listed candidates. The National Credit Regulator reserves the right not to make an appointment. By responding to this advert, you acknowledge that you will be subjected to a security vetting process.

Ref: CPCO/11/24

All the best with your applications