Markets Compliance Officer - Vice President jobs at Jpmorgan in South Africa, Johannesburg

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.

As a Cash Management Product Manager – Payments – Vice President in the part of the CEEMEA Country Product Management team, you will be responsible for supporting the firm’s strategy, product capability and development in South Africa as well as more broadly in the Sub Sahara region. Roll out and seamless implementation of the TS services that J.P. Morgan delivers to clients locally. In addition, you will need to ensure the strategy is built for purpose, in accordance with local market practice, regulatory landscape and product requirements. The role includes extensive collaboration with multiple internal stakeholder groups e.g. Functional Product Managers, Sales, Operations, Client Service, Technology, Risk, Compliance and Legal.

Job Responsibilities

• Execute TS product strategy through end-to-end understanding of how the South Africa market works and how payment products are used by clients in the region
• Create compelling business cases with detailed analysis of the market, payment landscape, revenue opportunities and proposed solutions
• Develop and deliver short, medium and long-term strategy in line with the defined strategy of functional product managers, ie. Core cash, Liquidity, Access, FX, etc
• Manage and coach Product manager associate with direct reporting line
• Work closely with Sales, Operations, Technology and Implementations team to identify, develop and implement products
• Develop commercialization and communication plans for new solutions
• Through creative thinking, leverage partner solutions, Fintechs and innovation, grow capabilities and footprint in the region
• Understand local legislation impacting TS products and ensure they are taken into consideration as part of the strategy
• Represent J.P. Morgan at local industry meetings and forums where appropriate
• Anticipate internal and external factors impacting the country and implement plans to mitigate risks and capitalize on opportunities
• Strong control over financial planning and development of a detailed revenue plan whilst driving down cost base and understand the risks inherent in the country and drive programs to reduce them

Required qualifications, capabilities and skills

• Experience in building and delivering payment or growth strategy for a financial institution
• Experience in TS/Corporate banking products (Payables & Receivables, Liquidity, Client channels, Customs Cards etc.)
• Demonstrate understanding of the South African payment landscape
• Demonstrate ability for strategic thinking and influencing at all levels
• Intellectually curious with ‘constant improvement’ mindset and strong attention to detail
• Ability to quickly build strong partnerships, credibility and influence with technology, functional partners, and senior management
• Experience in managing and motivating teams from a diverse backgrounds and seniority
• Commercially minded individual with creative problem solving, capable of developing innovative and differentiated solutions
• Strong presentation and communication skills both with clients and internal partners

Preferred qualifications, capabilities and skills

• Experience in working with vendors and Fintechs is a plus

Job Responsibilities:

• Analyze macroeconomic and sector-specific trends.
• Develop and maintain financial models.
• Produce thought-leading company, sector, and thematic reports.
• Deliver stock and sector insights to institutional clients.
• Collaborate with Sales, Sales Trading, and Trading teams.
• Build and maintain strong client relationships.
• Communicate complex issues clearly and concisely.
• Contribute to the team’s strategic initiatives.
• Stay updated on market developments.
• Support senior analysts in research publication.
• Handle client requests and provide tailored insights.

Required Qualifications, Capabilities, and Skills:

• Bachelor’s or Master’s degree in Economics, Finance, or a related field.
• Strong experience in equity research or a related field.
• Strong written and verbal communication skills.
• Advanced proficiency in Excel.
• Strong analytical and numerical skills.
• Ability to build and maintain financial models.
• Proven relationship-building skills.
• Attention to detail and accuracy.
• Ability to work collaboratively in a team environment.
• Strong understanding of global markets.
• Ability to distill complex issues into specific conclusions.