Website OVEX
Recruiter/Employer: OVEX
OVEX is a leading digital asset exchange and OTC trading desk based in Cape Town, South Africa. Our mission is to provide a fair, secure, and transparent service to establish a competitive, open, and liquid cryptocurrency market in South Africa, Africa, and abroad. We are innovators in the field, accelerating the advent of cryptocurrencies and fostering free-thinking, autonomous, self-managed teams. At OVEX, we value innovation, enthusiasm, and drive, and we are constantly seeking individuals who share our passion for revolutionizing the financial landscape.
OVEX is a pioneering digital asset exchange and OTC (Over-The-Counter) trading desk headquartered in Cape Town, South Africa. Established in 2017, OVEX has swiftly emerged as a frontrunner in the cryptocurrency market, particularly within the African continent. With a focus on deep liquidity, transparency, and innovation, OVEX is at the forefront of revolutionizing the financial landscape, bringing the benefits of blockchain technology and cryptocurrencies to a broader audience.
Mission and Values:
OVEX’s primary mission is to provide a fair, secure, and transparent platform that fosters a competitive, open, and liquid cryptocurrency market in South Africa, Africa, and beyond. The company is driven by a set of core values that emphasize innovation, integrity, and inclusivity. OVEX is committed to accelerating the adoption of cryptocurrencies while ensuring regulatory compliance and maintaining the highest standards of customer service.
Services:
OVEX offers a comprehensive range of services tailored to meet the diverse needs of its clientele:
- Digital Asset Exchange: OVEX operates a cutting-edge digital asset exchange platform that enables users to trade a wide variety of cryptocurrencies with ease. The platform is designed to provide a seamless trading experience while prioritizing security and reliability.
- OTC Trading Desk: OVEX’s OTC trading desk specializes in facilitating high-volume cryptocurrency trades for institutional clients. With deep liquidity and personalized service, the OTC desk serves as a trusted partner for large-scale transactions.
- Cross-Border Payments: OVEX is at the forefront of revolutionizing cross-border payments, offering innovative solutions that leverage blockchain technology to streamline international transactions. By providing fast, secure, and cost-effective payment services, OVEX aims to facilitate seamless financial transactions on a global scale.
- Foreign Exchange (Forex) Services: OVEX offers forex services to businesses and individuals seeking to exchange fiat currencies for cryptocurrencies and vice versa. With competitive exchange rates and efficient execution, OVEX ensures hassle-free currency conversion for its customers.
- Prime Brokerage: As Africa’s leading cryptocurrency prime brokerage exchange, OVEX provides institutional clients with access to deep liquidity, advanced trading tools, and personalized support. The prime brokerage services offered by OVEX cater to the unique needs of institutional investors, enabling them to execute large trades with confidence.
Global Reach:
While headquartered in Cape Town, South Africa, OVEX has a global presence with offices in key financial hubs such as London, France, and Dubai. The company currently operates in 11 international markets, including the UAE, Europe, Botswana, Cameroon, DRC, Ghana, Kenya, Nigeria, Senegal, Tanzania, and Zambia. This expansive reach reflects OVEX’s commitment to fostering a truly interconnected and inclusive financial ecosystem.
Industry Recognition:
OVEX has garnered widespread acclaim within the cryptocurrency industry, earning a reputation for excellence, innovation, and reliability. The company’s commitment to regulatory compliance, coupled with its focus on customer satisfaction, has positioned OVEX as a trusted partner for individuals, businesses, and institutions seeking to navigate the complexities of the digital asset market.
OVEX stands at the forefront of Africa’s burgeoning cryptocurrency market, offering a comprehensive suite of services designed to empower users and institutions alike. With a commitment to innovation, transparency, and customer service, OVEX is poised to shape the future of finance, driving the adoption of cryptocurrencies and blockchain technology on a global scale.
Job Position: Junior Compliance Officer
Location: Cape Town, Western Cape, South Africa
Reference Number: OVEX-CO-2024
Compliance officers play a critical role in ensuring that organizations adhere to regulatory requirements, industry standards, and internal policies. Their primary responsibility is to mitigate risks associated with non-compliance and uphold the integrity and reputation of the organization. Compliance officers work across various industries, including finance, healthcare, manufacturing, and technology, among others. Below is an in-depth explanation of the profession in general:
1. Regulatory Compliance: Compliance officers are responsible for ensuring that organizations comply with relevant laws, regulations, and guidelines set forth by government agencies and regulatory bodies. This includes staying updated on changes in legislation and implementing necessary measures to ensure compliance.
2. Risk Management: Compliance officers assess and mitigate risks associated with non-compliance, such as financial penalties, legal actions, reputational damage, and loss of business opportunities. They develop risk management strategies and policies to minimize potential risks and ensure the organization operates within acceptable boundaries.
3. Policy Development and Implementation: Compliance officers develop and implement policies, procedures, and controls to ensure adherence to regulatory requirements and industry standards. They collaborate with stakeholders across departments to ensure policies are effectively communicated and integrated into business operations.
4. Monitoring and Auditing: Compliance officers conduct regular monitoring and auditing activities to assess the effectiveness of compliance programs and identify areas for improvement. This may involve reviewing internal processes, conducting risk assessments, and analyzing data to detect potential compliance issues.
5. Training and Education: Compliance officers provide training and education to employees on regulatory requirements, compliance policies, and ethical standards. They raise awareness about compliance-related risks and ensure employees understand their roles and responsibilities in maintaining compliance.
6. Investigation and Reporting: Compliance officers investigate allegations of misconduct, breaches of compliance, or violations of regulations. They document findings, prepare reports, and recommend corrective actions to address identified issues and prevent future non-compliance.
7. Collaboration and Communication: Compliance officers collaborate with internal departments, external partners, and regulatory agencies to address compliance-related matters. They serve as a point of contact for inquiries and communicate effectively with stakeholders to ensure transparency and accountability.
8. Ethical Conduct: Compliance officers promote ethical conduct and a culture of integrity within the organization. They lead by example and advocate for ethical decision-making at all levels of the organization, emphasizing the importance of compliance with laws, regulations, and ethical standards.
Benefits:
- Competitive salary commensurate with experience
- Opportunity to work in a dynamic and rapidly growing industry
- Hybrid workplace model, offering flexibility in work arrangements
- Access to comprehensive healthcare benefits
- Professional development opportunities and support for further education
- Chance to be part of Africa’s deepest liquidity venue in the cryptocurrency market
Eligibility:
- Bachelor’s degree in Business, Finance, Law, or a related field
- Previous experience in compliance, preferably in the financial services industry
- Knowledge of regulatory requirements related to cryptocurrency will be advantageous
Requirements:
- Strong analytical and problem-solving skills
- Excellent attention to detail and organizational abilities
- Ability to work independently and effectively in a fast-paced and dynamic environment
- Strong communication skills, both verbal and written
- Submission of a short motivational letter along with the application, with the email subject containing: [JOB APPLICATION], [NAME + SURNAME], [Junior Compliance Officer]
How to Apply:
Interested candidates meeting the eligibility criteria are encouraged to submit their applications to compliance@ovex.io. Please ensure that the email subject contains the following: [JOB APPLICATION], [NAME + SURNAME], [Junior Compliance Officer]. Along with your CV, kindly include a short motivational letter highlighting your interest in the role and your relevant experience.
Closing Date:
The deadline for applications is not available.
Official Contact:
For further inquiries or information, please visit our website at http://www.ovex.io or contact us via email at compliance@ovex.io.
To apply for this job email your details to compliance@ovex.io