Compliance Officer
Our client is seeking an experienced Compliance Officer to join the Paarl, Western Cape Team
- Policy
development and enforcement related to money laundering, terrorist financing and proliferation financing
- Policy & Control Enhancements
- Customer Risk Rating/Profiling
- Training & Awareness: Provide AML/CTF/CPF training and refresher training
to staff
- Maintain and review Risk Management & Compliance Program (RMCP)
- Regulatory Reporting
- Regulatory Compliance
- Regulatory Engagement
- Transaction Reporting
- Sanctions & PEP Screening
- Risk Identification & Remediation
- Corporate Onboarding: Vet, review, and onboard corporate clients, ensuring
compliance with internal and external regulatory requirements
- Due Diligence: Conduct detailed due diligence checks on prospective partners,
organizations, and counterparties to mitigate financial crime risks
- Review and endorsement of Contracts/Agreements
Requirements
- Grade
12
- BCom degree (preferred
majors: Compliance, Law, Finance, Risk Management, or related field). – Advantage
- Additional compliance
certifications beneficial (e.g., Compliance Institute of SA accreditation,
AML/CFT certifications, or relevant governance qualifications)
- Minimum 5 years’
compliance experience within the financial services sector (excluding ADLA-only
experience)
- Demonstrated experience
interacting with regulators, preparing compliance documentation, and supporting
regulatory audits
- Proven experience in
compliance monitoring, reporting, and advisory functions within an FSP
environment
- Strong understanding of the financial regulatory environment applicable to
FSPs, including FIC Act and the 7 Pillars of AML/CFT Compliance, FAIS / Conduct
Standards (or equivalent legislation in your jurisdiction), Treating Customers
Fairly (TCF) principles, POPIA / Data protection requirements, Outsourcing and
third-party regulatory requirements
- Experience in Banking and Financial Services compliance with a solid understanding
of regulatory bodies and supervisory expectations
- Ability to analyse,
draft, and review commercial contracts and service agreements to ensure
regulatory compliance and risk mitigation
- Anti-Money Laundering /
Counter-Financing of Terrorism (AML/CFT) expertise, including risk assessments,
monitoring, reporting, and governance
- Strong risk management,
analytical, and problem-solving abilities
- Ability to interpret and
apply complex regulatory requirements to business operations