Compliance Officer AML

Alexforbes; Johannesburg; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A financial services firm is seeking a Compliance Officer AML to assist with managing the AML/CFT Risk program. Responsibilities include stakeholder engagement, governance calendar maintenance, and regulatory compliance monitoring. The ideal candidate will have a degree and 3-5 years of compliance experience within a regulated financial environment.

Qualifications

• 3-5 years compliance experience in regulated financial services.
• Minimum 3 years FCC and FIC environment experience.

Responsibilities

• Assist with financial crimes risk assessments.
• Respond to queries from various business units related to financial crime compliance.
• Drive awareness of AML/CFT/PF & Sanctions risks.

Skills

Stakeholder engagement

Risk assessments

Regulatory compliance monitoring

Education

Degree: LLB/BCom, Internal Audit, Risk Management, or Post-graduate diploma in Compliance

Job description

Designation: PP4429 - Compliance Officer AML

Category: Invest Finance, Actuarial & Compliance

Posted by: Alexander Forbes

Posted on: 24 Jul 2025

Closing date: 01 Aug 2025

Location: Johannesburg

Purpose Of The Job

The purpose of the role is to assist the Head of Financial Crime Control with the coordination, facilitation, and management of the AML/CFT Risk program within Alexforbes SA group of companies.

Overview

The role is part of the First Line Compliance team for the business, within the Investment pillar, supporting the Alexforbes SA group of companies. This role reports to the Head of FCC in Consulting.

Key Responsibilities

• Stakeholder engagement & relationship management
• Assist with financial crimes risk assessments, e.g., RBA assessments
• Respond to queries from various business units related to financial crime compliance
• Develop and maintain a governance calendar & work plan for AML/CFT/PF & Sanctions reports
• Participate in project management for FCC projects
• Monitor outsourced functions for regulatory compliance
• Drive awareness of AML/CFT/PF & Sanctions risks across all pillars
• Address queries from the FCC COE team regarding AML
• Escalate compliance and operational risks to the Head of AML/CFT/PF & Sanctions
• Maintain a register for governance reviews and reminders
• Develop and deliver AML/CFT/PF & Sanctions training
• Ensure compliance with AML/CFT/PF & Sanctions regulations
• Stay updated on regulatory changes and legislation
• Assist with FICA documentation for external parties
• Conduct compliance monitoring reviews
• Test customer files for compliance
• Manage risk register and issues to ensure closure
• Align FCC checklist with Framework requirements
• Review SOPs periodically and ensure governance approval
• Prepare regulatory reports (e.g., Directive 4, Directive 6)
• Assist in compliance audits and inspections
• Manage alert investigations and escalate as needed

Key Performance Indicators

• Stakeholder engagement
• Risk assessments
• Query resolution
• Governance calendar maintenance
• Project participation
• Regulatory compliance monitoring
• Awareness and training initiatives
• Regulatory reporting and audit support

Business Support & Statutory Interactions

• Maintain SOPs and FCC checklist alignment
• Coordinate regulatory reporting and audits
• Support embedment of FCC processes in the business

Adhoc Projects

• Support business units in FCC matters
• Maintain AML-related policies
• Manage process embedment projects

Requirements

• Degree: LLB/BCom, Internal Audit, Risk Management, or Post-graduate diploma in Compliance
• 3-5 years compliance experience in regulated financial services
• Minimum 3 years FCC and FIC environment experience