External Compliance Officer

Our external Compliance Officer can handle your compliance function independently, or support your current Compliance Officer. As a financial institution you must have an effective and independent compliance function, but the required knowledge and expertise are not always available internally. An external Compliance Officer could be the solution to your problem.

Compliance Officer

Compliance does not need to be complex. We like to think that we can make your life easier. You may choose to outsource your entire compliance function to us, or ask our experts to support your own Compliance Officer. Either way, we tailor our approach to suit the size, maturity, and structure of your organisation.

The diagram below shows the structure of an effective compliance cycle.

What to expect
from an external
Compliance Officer

We will work with you to agree on an annual compliance plan. At the very least, you can expect us to:

  • Help you to draft, review and monitor compliance policies and procedures.
  • Proactively keep you informed about developments in financial legislation and regulations, the impact of these on your organisation and what steps you should take to comply with them.
  • Promote awareness and provide training for your employees through our training institute, The Ministry of Compliance.
  • Advise on the implementation of new rules and regulations, how to manage compliance risks and how to interact with regulatory authorities.
  • Monitor compliance risk management and other internal and external compliance obligations.
  • Provide regular reports on various topics, including the outcomes of tasks completed and the level of control over compliance risks.

Client quote

”We are satisfied with the way we are guided through what can sometimes be a very complicated matter. Our compliance officer knows how to translate complex material into practice. The opinions offered are well-considered and relevant to the needs of our company.”

Interim Compliance Officer

Perhaps you only need short-term compliance support, here too we can help you. You may need this support for any number of reasons. Our specialists are here for you if perhaps you want to:

  • Replace employee who is temporary leave
  • Fill a compliance vacancy on an interim basis
  • Find an interim manager to manage the compliance department

Client quote

”Our Compliance Officer is very approachable, competent and a pleasure to work with. He takes our organisation to the next level, where we feel comfortable about compliance.”

Ruler – compliance software

Our external Compliance Officers will draw up an annual risk-based programme, based on the compliance cycle. Ruler, our compliance software tool, is used to complete and record this task.

Compliance Officer

Did you know that we train professionals to become Compliance Officers? Using practical assignments, you will learn to carry out all the tasks required to fulfill the compliance function. An experienced Compliance Office is individually assigned to you, and acts as your personal mentor.

If you think you have the ability to become a Compliance Officer, this could be the next step in your career path.