Compliance Officer (Banking)

Placements24; Randburg; Hybrid; ZAR 650,000 - 960,000; Full time

Benefits offered by this job

Hybrid work model

Health and wellness benefits

Professional certifications

Career growth opportunities

Job summary

Placements24 in Randburg is seeking a highly ethical Compliance Officer for a prominent financial institution to ensure adherence to laws, regulations and internal policies. You will monitor activities, identify risks, and implement robust compliance programs across the organization.

You will collaborate with multiple departments, provide guidance and training, and conduct internal audits to uphold governance standards in Gauteng.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Proven experience as a Compliance Officer, preferably within banking/financial services.
• In-depth knowledge of banking regulations, AML/KYC procedures, and risk management.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication, report writing, and presentation abilities.
• High level of integrity and attention to detail.

Responsibilities

• Develop, implement, and maintain effective compliance programs and policies.
• Monitor and assess financial transactions and activities for regulatory compliance (AML/KYC).
• Conduct internal audits and investigations to address potential breaches.
• Provide guidance and training to staff on compliance-related matters.
• Liaise with regulatory authorities and respond to inquiries or examinations.
• Keep abreast of changes in legislation and regulatory requirements affecting the financial industry.

Skills

Regulatory knowledge

AML/KYC expertise

Analytical skills

Communication skills

Integrity

Training delivery

Education

Bachelor's degree in Law, Finance, or related field

Job description

About the Role

Our client, a prominent financial institution in Randburg , is seeking a highly ethical and knowledgeable Compliance Officer to ensure adherence to all relevant laws, regulations, and internal policies. This critical role involves monitoring financial activities, identifying potential compliance risks, and implementing robust compliance programs. You will work closely with various departments to foster a culture of compliance and integrity across the organization. This is a key position for someone passionate about regulatory frameworks and maintaining the highest standards of governance within the banking sector in Gauteng .

Key Responsibilities

• Develop, implement, and maintain effective compliance programs and policies.
• Monitor and assess financial transactions and activities for compliance with regulations (e.g., AML, KYC).
• Conduct internal audits and investigations to identify and address potential compliance breaches.
• Provide guidance and training to staff on compliance-related matters.
• Liaise with regulatory authorities and respond to inquiries or examinations.
• Keep abreast of changes in legislation and regulatory requirements affecting the financial industry.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Proven experience as a Compliance Officer , preferably within the banking or financial services sector.
• In-depth knowledge of relevant banking regulations, AML/KYC procedures, and risk management principles.
• Strong analytical, investigative, and problem‑solving skills.
• Excellent communication, report writing, and presentation abilities.
• High level of integrity and attention to detail.

Benefits

• Competitive salary commensurate with experience.
• Hybrid work model providing flexibility.
• Comprehensive health and wellness benefits package.
• Opportunities for professional certifications and career growth.
• A workplace committed to ethical practices and strong governance.