Compliance Officer - Banking - Remote

Placements24; Polokwane; Hybrid; ZAR 420,000 - 650,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Retirement plan

Generous PTO

Fully remote

Professional development

Bonuses possible

Job summary

Placements24 is seeking a diligent Compliance Officer for a fully remote role in South Africa. You will develop, implement, and monitor compliance programs to ensure adherence to AML, KYC, POPIA, and FICA, and advise on regulatory matters.

With 4–6 years in banking or financial services and a Bachelor’s degree in Law or related field, you will conduct risk assessments, internal audits, and training, liaising with regulators and auditors while maintaining thorough records.

Qualifications

• Bachelor’s degree in Law, Finance, Business Administration, or related field.
• 4–6 years of experience in compliance within banking/financial services.
• Strong understanding of AML, KYC, POPIA, FICA regulations.
• Experience with compliance audits and risk assessments.
• Proven analytical and communication skills.

Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies.
• Monitor regulatory changes and assess impact on operations.
• Conduct internal compliance audits and risk assessments.
• Investigate compliance issues and recommend corrective actions.
• Provide training on compliance-related matters to staff.
• Prepare regulatory filings and reports.
• Liaise with regulators and external auditors.
• Maintain records of compliance activities.
• Stay updated on industry best practices in compliance and risk management.
• Advise business units on compliance requirements for new products and services.

Skills

AML/KYC knowledge

Regulatory compliance

Analytical skills

Communication skills

Remote work

Education

Bachelor's degree in Law/Finance/Business

Tools

Compliance software

Office applications

Job description

About the Role

Our client, a growing financial services provider, is seeking a diligent and knowledgeable Compliance Officer to join their expanding operations. This fully remote role offers the flexibility to work from anywhere while ensuring the firm adheres to all relevant banking laws, regulations, and internal policies. You will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and providing guidance on regulatory matters. The ideal candidate has a strong understanding of the financial services regulatory landscape and excellent analytical and communication skills. This is an excellent opportunity to contribute to the integrity and responsible growth of a reputable organization.

Key Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies.
• Monitor regulatory changes and assess their impact on the organization's operations.
• Conduct internal compliance audits and risk assessments to identify potential violations or weaknesses.
• Investigate compliance issues and recommend corrective actions.
• Provide training and guidance to employees on compliance-related matters.
• Prepare and submit regulatory filings and reports.
• Liaise with regulatory bodies and external auditors.
• Maintain accurate records of compliance activities.
• Stay updated on industry best practices in compliance and risk management.
• Advise business units on compliance requirements for new products and services.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum of 4-6 years of experience in a compliance role within the banking or financial services industry.
• Thorough understanding of relevant financial regulations (e.g., AML, KYC, POPIA, FICA).
• Experience in conducting compliance audits and risk assessments.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to explain complex regulations clearly.
• High level of integrity and attention to detail.
• Proficiency in using compliance management software and standard office applications.
• Ability to work independently, manage workload effectively, and meet deadlines in a remote setting.
• Relevant professional certifications (e.g., CAMS, CRCM) are a plus.

Benefits

• Competitive annual salary of R.
• Comprehensive health insurance package.
• Retirement savings plan with company contributions.
• Generous paid time off and company holidays.
• Fully remote work environment, promoting flexibility and work-life balance.
• Opportunities for professional development and compliance certifications.
• Exposure to a dynamic regulatory landscape within the financial sector.
• Supportive team and organizational culture.
• Potential for performance-related bonuses.