Compliance Officer

Placements24; Mossel Bay; On-site; ZAR 480,000 - 720,000; Full time

Benefits offered by this job

Competitive salary based on experience

Medical aid contributions

Provident fund

Professional development and certs

Annual leave allowance

Employee assistance program

Job summary

Placements24 in Mossel Bay, Western Cape, seeks a diligent Compliance Officer to uphold laws, regulations, and internal policies in the Banking & Finance sector. The role requires developing, implementing, and monitoring compliance programs with risk assessments and guidance on regulatory matters.

You will collaborate with operations, legal, and management to embed a culture of compliance, maintaining ethical standards and a strong attention to detail.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or related field.
• 3–5 years in a compliance role.
• Solid understanding of SA financial regulations (FAIS, FICA, POPIA).
• Experience in risk assessments and mitigation strategies.
• Strong analytical and detail-oriented mindset.
• Proficient with compliance management software.
• Great written and verbal communication.
• High integrity and ethical conduct.
• Ability to work with multiple stakeholders.

Responsibilities

• Develop, implement, and maintain the company's compliance program.
• Monitor adherence to relevant laws and regulations, including FSCA.
• Conduct regular compliance risk assessments and audits.
• Investigate potential compliance breaches and recommend corrective actions.
• Prepare compliance reports for senior management and regulatory bodies.
• Provide training and guidance to staff on compliance policies and procedures.
• Stay updated on changes in legislation and regulatory requirements affecting the financial services industry.
• Manage regulatory filings and interactions with supervisory authorities.
• Develop and implement policies and procedures to prevent financial crime, such as money laundering and fraud.
• Ensure that all customer-facing activities comply with consumer protection regulations.

Skills

Analytical skills

Attention to detail

Communication

Independent work

Regulatory awareness

Education

Bachelor's degree in Law/Finance/Business Administration

Tools

Compliance management software

Job description

About the Role

Our client, a respected financial services provider located in Mossel Bay, Western Cape, is seeking a diligent and detail-oriented Compliance Officer. This critical role ensures that the organization adheres to all applicable laws, regulations, and internal policies within the highly regulated Banking & Finance industry. The Compliance Officer will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and providing guidance on regulatory matters. This is an excellent opportunity for a proactive individual to contribute to the integrity and reputation of a growing company. The position in Mossel Bay, Western Cape requires a thorough understanding of financial compliance frameworks and a commitment to upholding ethical standards. You will work closely with various departments, including operations, legal, and management, to embed a culture of compliance throughout the organization. We are looking for someone with a strong ethical compass and a keen eye for detail.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program.
• Monitor adherence to relevant laws and regulations, including those from the Financial Sector Conduct Authority (FSCA).
• Conduct regular compliance risk assessments and audits.
• Investigate potential compliance breaches and recommend corrective actions.
• Prepare compliance reports for senior management and regulatory bodies.
• Provide training and guidance to staff on compliance policies and procedures.
• Stay updated on changes in legislation and regulatory requirements affecting the financial services industry.
• Manage regulatory filings and interactions with supervisory authorities.
• Develop and implement policies and procedures to prevent financial crime, such as money laundering and fraud.
• Ensure that all customer-facing activities comply with consumer protection regulations.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum of 3-5 years of experience in a compliance role, preferably within the financial services or Banking & Finance sector.
• Solid understanding of South African financial regulations (e.g., FAIS Act, FICA, POPIA).
• Experience in conducting compliance risk assessments and developing mitigation strategies.
• Excellent analytical skills and meticulous attention to detail.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple tasks effectively.
• High level of integrity and ethical conduct.
• Proficiency in using compliance management software and standard office applications.
• Knowledge of the local market in Mossel Bay, Western Cape is an advantage.

Benefits

• Competitive salary based on experience and qualifications.
• Medical aid contributions and a provident fund.
• Opportunities for professional development and certifications.
• A stable and supportive work environment in beautiful Mossel Bay, Western Cape.
• Generous annual leave allowance.
• Employee assistance program for well-being support.
• Clear career path within the compliance function.
• Encouragement to contribute to policy development.
• Regular performance feedback and career planning sessions.
• Company-provided training on new regulations.