Senior Compliance Officer - Financial Regulation

Placements24; Kimberley; Hybrid; CAD 76,000 - 109,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Study leave

Job summary

Placements24 has partnered with a prominent financial services group to recruit a Senior Compliance Officer for their Kimberley office, offering a hybrid working model. You will lead the development and implementation of the compliance program and provide expert guidance on regulatory matters.

The ideal candidate will have 7+ years in compliance, strong SA regulatory knowledge (FAIS, FICA, POPIA), and proven risk management, audit, and training capabilities. Excellent communication is essential.

Qualifications

• 7+ years of experience in a compliance role.
• Deep knowledge of SA financial services regulations (FAIS, FICA, POPIA).
• Experience with audits/investigations and regulatory filings.

Responsibilities

• Develop, implement, and maintain compliance framework and policies.
• Monitor regulatory changes and assess impact on business.
• Conduct risk assessments and mitigation planning.
• Provide guidance and training on regulatory requirements.
• Oversee internal investigations and regulatory filings.
• Ensure AML/CTF compliance and perform audits.

Skills

Compliance

Risk assessment

AML/CTF

Regulatory knowledge

Training

Education

Bachelor's degree in Law/Finance/Business

CCEP or other compliance qualifications

Tools

MS Office

Compliance software

Job description

About the Role

Our client, a prominent financial services group, is seeking a highly experienced Senior Compliance Officer to strengthen their team in Kimberley, Northern Cape. This pivotal role will involve ensuring adherence to all relevant financial regulations, industry standards, and internal policies. You will be responsible for developing and implementing compliance programs, conducting risk assessments, and providing expert guidance to business units on regulatory matters. The ideal candidate will possess a deep understanding of South African financial services legislation, a proactive approach to risk management, and excellent analytical and communication skills. This is an outstanding opportunity to play a critical role in maintaining the integrity and reputation of a leading financial institution, with the benefit of a hybrid working model.

Key Responsibilities

• Develop, implement, and maintain the organisation's compliance framework and policies.
• Monitor changes in financial regulations and assess their impact on the business.
• Conduct compliance risk assessments and develop mitigation strategies.
• Provide expert advice and training to business units on regulatory requirements and best practices.
• Oversee internal investigations into potential compliance breaches.
• Manage regulatory filings and liaise with regulatory bodies (e.g., FSCA).
• Develop and deliver compliance training programs to employees.
• Ensure adherence to anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.
• Conduct regular audits and reviews of business processes to ensure compliance.
• Report on compliance activities and risks to senior management and the board.

Requirements

• A Bachelor's degree in Law, Finance, Business Administration, or a related field. Professional qualifications in compliance (e.g., CCEP) are highly advantageous.
• A minimum of 7 years of experience in a compliance role, preferably within the financial services or insurance industry.
• In-depth knowledge of South African financial services legislation (e.g., FAIS Act, FICA, POPIA, Companies Act).
• Strong understanding of compliance risk management principles and methodologies.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superior written and verbal communication skills, with the ability to present complex information clearly.
• Experience in conducting compliance audits and investigations.
• Ability to work independently and manage multiple priorities effectively.
• High level of integrity and ethical standards.
• Proficiency in compliance management software and MS Office Suite.

Benefits

• Our client offers a competitive salary package, performance bonuses, and comprehensive benefits including medical aid, a retirement fund, and generous study leave for professional development.
• This hybrid role allows for a flexible working arrangement, combining office-based collaboration in Kimberley with remote work.
• We are committed to fostering a culture of learning and provide ample opportunities for career growth within our organisation.
• Employees benefit from a supportive work environment and access to resources designed to promote professional excellence.