Business Control Officer

Corient; Wes-Kaap; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Corient seeks a compliance-focused professional to support Relationship Managers with fiduciary-related matters, ensuring First Line of Defence processes and risk controls are followed. The role involves AML/CFT training, regulatory liaison and ongoing monitoring of client activities.

You will review records, assist in risk assessments, and collaborate with Risk & Compliance to maintain robust onboarding and CDD workflows. Strong English and MS Office skills are essential.

Qualifications

• Sound English communication skills; able to maintain confidentiality.
• At least 3 years of equivalent experience in financial services or fiduciary environments.
• Strong interpersonal and influencing abilities with a client-facing mindset.
• Flexible and able to multi-task and meet deadlines in a fast-paced setting.
• Advanced Microsoft Word and Excel skills.
• Confident in providing practical compliance advice to Relationship Managers.
• Experience navigating regulatory and risk-related processes.

Responsibilities

• Assist Relationship Managers and teams with compliance-related matters.
• Act as First Line of Defence for risk and compliance liaison.
• Review records for conflicts of interest, breaches, complaints and incidents.
• Record and monitor exceptions, recommendations and regulatory matters needing resolution.
• Prepare periodic risk reviews and obtain KYC/CDD information when required.
• Report material risk matters and assist in mitigation activities.
• Undertake RiskScreen checks, Google searches and transaction monitoring on clients.
• Provide AML/CFT training and support new employee inductions.
• Review and develop Front Office compliance skills and onboarding workflows.

Skills

English proficiency

Confidentiality

Experience (≥3 yrs)

Interpersonal skills

Multi-tasking

MS Office (Word/Excel)

Practical compliance advisory

Adaptability

Tools

MS Office

Job description

Join a team that values your ambition and empowers your growth

At Corient, we help high- and ultra-high-net-worth individuals and families to enjoy a full life, while enabling them to preserve their wealth for future generations, and provide for the people, causes and communities they care about. We focus on exceeding expectations, simplifying lives, and establishing legacies that last for generations. We are always looking for talented and motivated individuals to join our team. If you want to work for a company that values your contributions and supports your growth, we would like to meet you.

WORKING RELATIONSHIPS

The position reports to the Team Leader: Business Control. This role involves close and regular interaction with all members of the Family Office and Corporate Service team, Accounting, Banking, Investment, Middle Office and Risk & Compliance.

OVERALL PURPOSE

To provide practical assistance, support and advice to Relationship Managers associated with trusts, companies administration and trustees on compliance related matters and, as far as permissible by regulation, assume responsibility for all interaction for the First Line of Defence and liaison with Risk & Compliance where required.

PRINCIPAL ELEMENTS & ACCOUNTABILITIES

• Working with Relationship Managers, Relationship Manager Assistants and Business Heads to build and strengthen the relationship with Risk & Compliance.
• Act as the First Line of Defence for Relationship Managers and Business Heads and liaison with Risk & Compliance and occasionally Audit.
• Review and manage records relating to conflicts of interest, breaches, complaints and operational incidents.
• Record and monitor exceptions, recommendations and other regulatory matters requiring resolution.
• Prepare periodic risk reviews, obtain KYC/CDD information and approvals where required.
• Report material risk matters and assist in mitigation activities.
• Undertake RiskScreen checks, Google searches, periodic reviews and transaction monitoring on clients.
• Provide compliance and AML/CFT training and support new employee inductions.
• Review and develop technical and compliance skills of Front Office employees.
• Assist Relationship Managers with AML reviews and RiskScreen Pro checks.
• Ensure onboarding workflows, risk assessments and CDD requirements are completed correctly.
• Ensure databases are updated for EDD/SDD and PEP/EP connections and produce reports when required.
• Support regulatory boards with data submissions.
• Maintain Front Office Hub processes, guidance notes and procedures.
• Assess regulatory changes and communicate impacts to business and operations leaders.
• Liaise with Group Head BCOs on cross-border AML/CFT matters.
• Attend monthly Center of Excellence BCO meetings.

QUALIFICATIONS AND EXPERIENCE

Sound experience within the Financial Services Industry, particularly the fiduciary sector. Knowledge of relevant legislation and regulation would be advantageous, as would exposure to operational functions and strong English communication skills.

SKILLS

• High level of English
• Ability to maintain confidentiality regarding client matters
• At least 3 years of equivalent experience
• Excellent interpersonal and influencing skills
• Flexible and able to multi-task and meet deadlines
• Advanced Microsoft Office skills (Word and Excel)
• Confidence to provide practical compliance advice
• Experience in a challenging and fast-moving environment