Senior Compliance Manager

Placements24; Willows (CA); On-site; USD 55,000 - 79,000; Full time

Benefits offered by this job

Annual bonus

Medical aid

Retirement fund

Professional development

Job summary

Not disclosed, a rapidly growing financial services provider based in Welkom, Free State, seeks a Senior Compliance Manager to lead and oversee the company’s compliance program. The role is on-site in Welkom and focuses on AML/KYC, regulatory adherence, and risk management across banking operations.

The position requires 7+ years in compliance, a strong regulatory background, and proven leadership in managing a compliance function with training and stakeholder engagement responsibilities.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or related field.
• Master's degree or certification (CCEP/CRCM) preferred.
• 7+ years in compliance within financial services, with banking focus.
• Strong knowledge of SA AML, KYC, and consumer protection laws.
• Proven program development and leadership in compliance.
• Excellent communication and stakeholder management.

Responsibilities

• Develop, implement, and maintain a robust compliance program.
• Conduct regular compliance risk assessments.
• Develop and deliver compliance training programs for employees.
• Monitor changes in relevant laws and regulations and advise updates to policies.
• Investigate potential compliance breaches and take corrective actions.
• Liaise with regulators, manage regulatory examinations, and respond to inquiries.
• Develop and implement AML/KYC policies and procedures.
• Oversee the internal audit process for compliance-related matters.
• Advise on compliance implications of new products and initiatives.

Skills

Regulatory compliance

AML/KYC

Risk management

Leadership

Training & development

Communication

Analytical thinking

Education

Bachelor's degree in Law/Finance/Business Admin

Master's or professional certification (CCEP/CRCM)

Job description

About the Role

Our client, a rapidly growing financial services provider based in Welkom, Free State , is actively recruiting a Senior Compliance Manager. This role is crucial for ensuring adherence to all applicable laws, regulations, and internal policies within the Banking & Finance sector. The Senior Compliance Manager will be responsible for developing, implementing, and overseeing the company's compliance program, providing guidance to business units, and managing regulatory relationships. This is a key leadership position that requires a deep understanding of the regulatory landscape and a proactive approach to compliance. Located in the heart of the Free State , this opportunity offers a chance to make a significant impact on the company's integrity and operational excellence. The position is strictly on-site in Welkom .

Key Responsibilities

• Develop, implement, and maintain a robust compliance program that meets regulatory requirements and industry best practices.
• Conduct regular compliance risk assessments and identify areas of potential exposure.
• Develop and deliver compliance training programs for employees across all levels of the organization.
• Monitor changes in relevant laws and regulations, assessing their impact on the company and recommending necessary adjustments to policies and procedures.
• Investigate potential compliance breaches and violations, taking appropriate corrective actions.
• Liaise with regulatory bodies, manage regulatory examinations, and respond to inquiries.
• Develop and implement policies and procedures to ensure adherence to anti-money laundering (AML) and know-your-customer (KYC) regulations.
• Oversee the internal audit process for compliance-related matters.
• Advise business units on compliance implications of new products, services, and business initiatives.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• A Master's degree or professional compliance certification (e.g., CCEP, CRCM) is highly preferred.
• A minimum of 7 years of experience in a compliance role within the financial services industry, with a strong focus on banking regulations.
• In-depth knowledge of South African financial regulations, including AML, KYC, and consumer protection laws.
• Proven experience in developing and implementing comprehensive compliance programs.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong understanding of risk management principles.
• Exceptional written and verbal communication skills, with the ability to effectively present complex information to diverse audiences.
• Demonstrated leadership abilities and experience in managing a compliance function.
• Ability to work independently and manage multiple priorities in a dynamic environment.

Benefits

• Our client offers a competitive salary commensurate with experience, along with an annual performance bonus.
• Comprehensive medical aid and retirement fund benefits are provided.
• Opportunities for professional growth and development, including support for ongoing certifications and training, are available.
• A dynamic and ethical work environment is maintained.
• Join a dedicated team focused on maintaining the highest standards of integrity and compliance in Welkom .