Compliance Analyst

PayInc; Johannesburg; On-site; ZAR 500,000 - 800,000; Full time

Job summary

PayInc, a leading payments provider in South Africa, seeks a Compliance Analyst to implement an effective compliance framework across the organisation. You will assess compliance risks, advise business units, and support governance, reporting and regulatory submissions to ensure integrity and regulatory alignment.

You will collaborate with executive and risk teams to maintain PFMI compliance, King governance alignment, and a robust control environment, while delivering training and awareness

Qualifications

• Bachelor’s degree in Law, Compliance, Risk or equivalent.
• Minimum 5 years in a compliance environment, preferably financial services.

Responsibilities

• Facilitate and document compliance risk assessments for assigned business areas.
• Provide compliance advisory support to business units.
• Support regulatory submissions, reporting and management responses.
• Maintain PFMI framework and governance processes.
• Keep regulatory universe and findings registers up to date.
• Roll out and review of compliance policies, standards and control attestations.
• Align compliance activities with King governance principles and combined assurance expectations.
• Monitor, report on breaches, exceptions and non-compliances.
• Act as privacy champion for CRO office.
• Drive compliance awareness campaigns and targeted training.

Skills

Regulatory compliance

Risk management

Governance

Stakeholder management

Training delivery

Education

Bachelor’s degree in Law/Compliance/Risk

Postgraduate qualification (preferred)

Job description

Description

PayInc is a purpose-driven payments provider building on over 50 years of trusted history in South Africa’s payments ecosystem. Our mission is to connect people, businesses, and economies through secure, efficient and inclusive digital payments infrastructure and be a catalyst for financial inclusion and economic growth.

From EFTs and cards to PayShap, PayInc provides the backbone that enables money to move safely across the economy.

At our core, we exist to make great connections, empowering participation, enabling growth, and ensuring no one is left behind.

PURPOSE

The main purpose of Compliance Analyst is to ensure that the organisation implements an effective compliance framework and processes and complies with all applicable laws and binding regulations, considers adherence to non-binding rules, standards and codes, specifically the King code of Corporate Governance.

The role contributes to safeguarding the organisation’s reputation, reducing compliance risk, and enabling ethical, sustainable business practices.

You will engage with the following stakeholders

Internal

• Internal Stakeholders
• Executive Management
• Senior Management
• Middle management
• Risk Committee and Combined Assurance Structures
• Legal & Governance Structures

External

• Regulatory Bodies (including the SARB)
• External service providers

Your key responsibilities include

Regulatory Compliance & Advisory

• Facilitate and document compliance risk assessments for assigned business areas
• Assist providing compliance advice to business units
• Support regulatory submissions, reporting, and management responses
• Support management of the PFMI framework and business as usual process
• Maintain relevant parts of the regulatory universe and findings registers;
• Support the roll-out and periodic review of compliance policies, standards, procedures and control attestations.
• Assist with the alignment of compliance activities to internal governance requirements and recognised good practice, including King governance principles and combined assurance expectations.

Monitoring, Reporting & Assurance

• Execute on approved monitoring reviews within agreed timelines
• Assist in the tracking, investigating, and reporting of breaches, exceptions, and non-compliances
• Assist in the preparation of reports for governance structures, regulators, and Exco, ensuring accurate and timely submissions.

Risk Identification & Mitigation

• Act as the risk champion for the compliance function;
• Act as the privacy champion for the CRO office
• Identify key compliance risk indicators, emerging regulatory themes and control weaknesses and escalation material matters to management

Training & Awareness

• Drive compliance awareness campaigns across the business
• Support the delivery of targeted training sessions on compliance requirements, policies, and ethical practices.

Qualifications / Knowledge

• Minimum: Relevant bachelor’s degree (Law, Compliance, Risk Management, or equivalent).
• Preferred: Postgraduate qualification and/or Certified Compliance Professional (CPrac or similar).

Experience

• Minimum 5 years’ experience in a compliance environment, preferably in financial services, payments, or banking sector
• In-depth knowledge of local regulatory landscape (e.g., FIC Act, POPIA, Companies Act, SARB directives, Payments legislation/regulations, PFMI).