Associate Compliance Officer

Placements24; Upington; Hybrid; ZAR 360,000 - 540,000; Full time

Benefits offered by this job

Hybrid work model

Medical aid

Retirement fund

Job summary

Placements24 in Upington, Northern Cape, is seeking an Associate Compliance Officer to support regulatory compliance within a financial services environment. The role blends in-office collaboration with remote work, focusing on monitoring, reviews, investigations, and documentation.

The ideal candidate holds a degree in Finance, Law, or related field, with 1-3 years in compliance or audit, and strong analytical and communication skills.

Qualifications

• Degree or diploma in Finance, Law, Business Administration, or related field.
• 1-3 years in compliance, risk management, or audit, preferably in financial services.
• Basic understanding of FIC Act, POPIA, FAIS Act.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Good written and verbal communication skills.
• Ability to work effectively both independently and as part of a team in a hybrid environment.
• Proficiency in Microsoft Office Suite, particularly Excel.
• A proactive attitude and eagerness to learn and develop within the compliance function.
• Integrity and a strong sense of ethical conduct.

Responsibilities

• Assist in monitoring business activities to ensure compliance with relevant financial regulations and internal policies.
• Conduct preliminary reviews of marketing materials, client onboarding processes, and transaction monitoring reports.
• Support the investigation of potential compliance breaches or suspicious activities.
• Help maintain compliance documentation, records, and logs.
• Assist in the preparation of compliance reports for management and regulatory bodies.
• Participate in compliance training sessions and help disseminate compliance information to staff.
• Stay updated on changes in financial regulations and industry best practices.
• Support risk assessment activities and contribute to the enhancement of internal controls.
• Respond to inquiries from business units regarding compliance matters.
• Assist in special projects as assigned by the Compliance Officer.

Skills

Analytical skills

Problem solving

Communication skills

Teamwork

Hybrid work

Attention to detail

Education

Finance/Law/Business degree

Tools

Microsoft Office

Excel

Job description

About the Role

Our client, a reputable financial institution operating in Upington, Northern Cape , is seeking a diligent and detail-oriented Associate Compliance Officer to join their dedicated team. This role is crucial in supporting the organization's commitment to upholding regulatory standards and ethical business practices. The ideal candidate will have a foundational understanding of financial regulations, a keen eye for detail, and strong analytical capabilities. This position offers a hybrid work model, combining valuable in-office interaction and supervision with the flexibility of remote work. You will assist in monitoring compliance activities, identifying potential risks, and contributing to the development and implementation of compliance programs. We are seeking an enthusiastic individual eager to build a career in compliance within the financial services sector.

Key Responsibilities

• Assist in monitoring business activities to ensure compliance with relevant financial regulations and internal policies.
• Conduct preliminary reviews of marketing materials, client onboarding processes, and transaction monitoring reports.
• Support the investigation of potential compliance breaches or suspicious activities.
• Help maintain compliance documentation, records, and logs.
• Assist in the preparation of compliance reports for management and regulatory bodies.
• Participate in compliance training sessions and help disseminate compliance information to staff.
• Stay updated on changes in financial regulations and industry best practices.
• Support risk assessment activities and contribute to the enhancement of internal controls.
• Respond to inquiries from business units regarding compliance matters.
• Assist in special projects as assigned by the Compliance Officer.

Requirements

• A relevant degree or diploma in Finance, Law, Business Administration, or a related field.
• 1-3 years of experience in a compliance, risk management, or audit role, preferably within financial services.
• Basic understanding of relevant financial regulations (e.g., FIC Act, POPIA, FAIS Act).
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Good written and verbal communication skills.
• Ability to work effectively both independently and as part of a team in a hybrid environment.
• Proficiency in Microsoft Office Suite, particularly Excel.
• A proactive attitude and eagerness to learn and develop within the compliance function.
• Integrity and a strong sense of ethical conduct.

Benefits

Our client offers a competitive salary package, along with standard employee benefits including medical aid and retirement fund contributions. The hybrid work arrangement provides a good work-life balance. You will receive valuable on-the-job training and opportunities to develop your expertise in financial compliance. This role offers a fantastic entry point into the compliance field within a well-established financial institution. You will be part of a supportive team environment where your contributions are recognized, with potential for future growth within the compliance department.