Compliance Officer

Placements24; Soweto; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Medical aid

retirement benefits

Hybrid work model

Professional development

Job summary

Placements24 in Soweto, Gauteng, is seeking a diligent Compliance Officer to ensure adherence to financial regulations and internal policies. The role blends office work with remote flexibility, focusing on risk assessment, policy development, and regulatory examinations.

The ideal candidate will have 4+ years in financial services compliance, strong knowledge of FICA/POPIA, AML/CFT principles, and excellent communication skills. Hybrid work model offered with professional growth opportunities.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or related field.
• Master's degree or relevant professional certification (e.g., CCEP, CRCM) is an advantage.
• Minimum of 4 years in compliance, risk management, or legal role within financial services.
• Knowledge of SA financial regulations (FICA, POPIA, Companies Act).
• Understanding of AML/CFT principles.
• Strong analytical, problem-solving, and communication skills.

Responsibilities

• Develop, implement, and maintain the company's compliance program in line with financial regulations.
• Monitor regulatory changes and assess impact on operations.
• Conduct regular compliance risk assessments and mitigation strategies.
• Develop and deliver compliance training programs for employees.
• Investigate potential compliance breaches and recommend corrective actions.
• Review marketing materials and client communications for regulatory compliance.
• Manage relationships with regulatory bodies and facilitate examinations.
• Stay updated on industry best practices and emerging compliance trends.
• Prepare compliance reports for senior management and board of directors.
• Advise business units on compliance matters related to new products and services.

Skills

Analytical skills

Regulatory knowledge

Attention to detail

Communication skills

Education

Bachelor's degree

Master's degree or relevant certification

Tools

Compliance management software

Job description

About the Role

Our client, a reputable financial services firm, is seeking a diligent and knowledgeable Compliance Officer to join their team in Soweto, Gauteng . This critical role ensures that the organization adheres to all relevant laws, regulations, and internal policies, safeguarding its integrity and reputation. The ideal candidate will possess a strong understanding of financial regulations, excellent analytical skills, and the ability to implement and monitor compliance programs effectively. This position operates on a hybrid model, allowing for a blend of office-based work and remote flexibility. You will be responsible for identifying risks, developing compliance strategies, and promoting a culture of ethical conduct throughout the organization.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program in line with relevant financial regulations.
• Monitor regulatory changes and assess their impact on the organization's operations.
• Conduct regular compliance risk assessments and implement mitigation strategies.
• Develop and deliver compliance training programs for employees at all levels.
• Investigate potential compliance breaches and recommend corrective actions.
• Review marketing materials and client communications for compliance with regulations.
• Manage relationships with regulatory bodies and facilitate regulatory examinations.
• Stay updated on industry best practices and emerging compliance trends.
• Prepare compliance reports for senior management and the board of directors.
• Advise business units on compliance matters related to new products and services.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• A Master's degree or relevant professional certification (e.g., CCEP, CRCM) is a strong advantage.
• Minimum of 4 years of experience in a compliance, risk management, or legal role within the financial services industry.
• In-depth knowledge of South African financial regulations (e.g., FICA, POPIA, Companies Act).
• Understanding of AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) principles.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent written and verbal communication skills.
• High level of integrity, ethical conduct, and attention to detail.
• Ability to work independently and manage multiple priorities effectively.
• Proficiency in Microsoft Office Suite and compliance management software is beneficial.
• Experience in risk assessment and policy development.

Benefits

• Our client offers a competitive salary, comprehensive medical aid, and retirement benefits.
• Opportunities for professional development and further specialized training are provided.
• The hybrid work model ensures a good work-life balance, combining the benefits of collaborative office-based work with remote flexibility.
• You will be part of a dedicated team committed to upholding the highest standards of integrity and professionalism in Soweto .