Compliance Officer

Bank Of Taiwan South Africa Branch; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A bank branch in South Africa is looking for a Compliance Officer to report to the Chief Compliance Officer. This role involves assessing regulatory compliance, conducting audits, and engaging with various stakeholders. Ideal candidates must have a university degree and at least 2 years of experience in compliance monitoring, along with regulatory qualifications. Skills in analytical thinking, organization, and effective communication are essential. Full-time employment offered at a mid-senior level within a dynamic banking environment.

Qualifications

• At least 2 years' experience in regulatory / compliance monitoring.
• With one or more qualification of regulator: FSCA, FIC, or related certifications.

Responsibilities

• Assess and evaluate compliance with laws and regulations.
• Conduct and manage policy and compliance audits.
• Engage with stakeholders to understand business needs.
• Execute the annual compliance risk‑based program.
• Monitor compliance risks and state of compliance.
• Draft assurance reports and departmental communications.
• Provide compliance advice and early detection of risks.
• Maintain records and compliance documentation.
• Foster compliance culture through training.

Skills

Analytical skills

Numerical skills

Planning and organisational skills

Communication skills

Teamwork

Multitasking

Education

University degree or above (B-com, LLB or relevant majors)

Job description

Qualifications

1. University degree or above (B-com, LLB or relevant majors)
2. At least 2 years' experience in regulatory / compliance monitoring
3. With one or more qualification of regulator:
   • FSCA registered Compliance Officer
   • FIC registered AML Compliance Officer
   • FSD registered ExCon Manager
   • Certificate in AML / CFT management (e.g. CAMS)

Job Description

Report to the Chief Compliance Officer and work closely with the Head of each department.

Assess and evaluate compliance. (including compliance with contractual covenants and applicable laws / regulations)

Conduct and manage both policy and compliance audits, which will include liaising with internal stakeholders.

Engage with stakeholders formally through determining scope of work, understanding and identifying business' needs.

Execute the annual compliance risk‑based program.

Monitoring business in accordance with the compliance methodology.

Ensuring adherence and quality in terms of all assurance conducted.

Monitor compliance risks and determine the state of compliance in the respective business departments.

Drafting of assurance reports including departmental reporting to various committees.

Provide advice and / or input to internal stakeholders on possible contraventions of compliance risks through early detection.

Provide input, review and ensure accurate reporting and articulation of compliance.

Maintaining records, policies and compliance documentation.

Building compliance awareness amongst staff by providing support and training within the Branch.

Managing cross‑departmental initiatives to help foster a strong compliance culture.

Skills

Analytical skills and an eye for detail.

Numerical skills.

Planning and organisational skills.

Excellent English verbal and written communication skills, good at presenting ideas and discussing solutions in large groups.

Self‑motivation to work independently and to support a teamwork.

Updated knowledge of compliance management and best practices.

Ability to multitask with efficiency, overview, structure, and attention to details.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Legal

Industries

Banking