Compliance Officer

Placements24; Durban; Hybrid; ZAR 420,000 - 700,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Remote work

Career growth

Job summary

Placements24 in Durban is seeking a diligent Compliance Officer to join our expanding financial services team. You will develop, implement, and monitor compliance programs, conduct risk assessments, and provide guidance on regulatory matters to safeguard the organisation's integrity.

The ideal candidate holds a Bachelor's degree in Law, Finance, or a related field, with AML/KYC and data privacy knowledge, strong analytical abilities, and excellent communication skills for stakeholder engagement

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or related discipline.
• Proven experience as a Compliance Officer or in a regulatory role within financial services.
• In-depth knowledge of financial regulations, AML/KYC, and data privacy laws.
• Certifications (e.g., CCEP, CRCM) desirable.

Responsibilities

• Develop and implement robust compliance policies, procedures, and controls across the organization.
• Conduct regular compliance risk assessments and audits to identify potential areas of non-compliance.
• Monitor changes in relevant laws and regulations and ensure timely updates to internal policies and practices.
• Provide training and guidance to staff on compliance requirements and best practices.
• Investigate and resolve compliance breaches or concerns, reporting findings and recommendations.
• Liaise with regulatory bodies and external auditors as required.

Skills

AML/KYC

Data privacy

Regulatory reporting

Analytical thinking

Stakeholder communication

Education

Bachelor's degree (Law/Finance/Business)

Job description

About the Role

Our client is seeking a diligent and proactive Compliance Officer to join their expanding operations in Durban . This role is essential for ensuring adherence to all relevant financial regulations, industry standards, and internal policies. You will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and providing guidance on regulatory matters. This is a critical position within a forward-thinking financial services organization, contributing to its integrity and reputation, and offering significant opportunities for professional development in regulatory affairs.

Key Responsibilities

• Develop and implement robust compliance policies, procedures, and controls across the organization.
• Conduct regular compliance risk assessments and audits to identify potential areas of non-compliance.
• Monitor changes in relevant laws and regulations and ensure timely updates to internal policies and practices.
• Provide training and guidance to staff on compliance requirements and best practices.
• Investigate and resolve compliance breaches or concerns, reporting findings and recommendations.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related discipline.
• Proven experience as a Compliance Officer or in a similar regulatory role within the financial services industry.
• In-depth knowledge of financial regulations, AML/KYC requirements, and data privacy laws.
• Strong analytical and investigative skills, with meticulous attention to detail.
• Excellent communication and interpersonal skills, with the ability to influence stakeholders.
• Relevant professional certifications (e.g., CCEP, CRCM) are highly desirable.

Benefits

• Competitive salary commensurate with experience and qualifications.
• Comprehensive health insurance and retirement benefits.
• A fully remote working arrangement, offering flexibility and autonomy.
• Opportunities for career advancement within a growing company.
• A supportive and ethical work environment dedicated to upholding industry standards.