Compliance Officer - Financial Regulations - Remote

Placements24; Paarl; Remote; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement contributions

Remote-first / fully remote

Professional development

Job summary

Placements24 is seeking an experienced Compliance Officer with a strong background in Financial Regulations to join a remote team. The role focuses on ensuring operations comply with FAIS, POPIA, FICA and AML/KYC, while maintaining robust policies and training across the organization.

Ideal candidates have at least 5 years in banking compliance, excellent analytical skills, and the ability to work independently in a remote setting.

Qualifications

• Bachelor's degree in Law, Finance, Business Admin or related field.
• Minimum of 5 years in a compliance role within Banking & Finance.
• In-depth knowledge of SA financial regulations and compliance frameworks.
• Ability to work independently in a remote setting and meet deadlines.

Responsibilities

• Monitor and interpret changes in financial regulations (FAIS, POPIA, FICA, AML/KYC).
• Develop, update and enforce compliance policies across the organization.
• Conduct regular audits and risk assessments to identify non-compliance or risk.
• Investigate potential breaches, document findings and propose corrective actions.
• Provide training and guidance to employees on regulatory requirements.
• Liaise with regulators and external auditors as needed.
• Maintain thorough records of compliance activities, investigations and training.
• Advise management on compliance strategies and potential impacts of new regulations.

Skills

Analytical thinking

Regulatory knowledge

Communication skills

Independent work

Education

Bachelor's degree in Law/Finance/Business Administration

Tools

Compliance management software

Job description

About the Role

Our client, a respected financial institution, is seeking a diligent and knowledgeable Compliance Officer with expertise in Financial Regulations to join their team. This is a crucial fully remote role responsible for ensuring that all company operations adhere to relevant laws, regulations, and internal policies within the Banking & Finance sector. You will play a vital part in maintaining the integrity and reputation of the organization by identifying potential compliance risks and implementing robust preventative measures. This position is ideal for a detail-oriented professional who thrives in a self-directed, remote work environment and possesses a deep understanding of the ever-evolving regulatory landscape. We are committed to a remote-first approach, providing the tools and support needed for success from anywhere.

Key Responsibilities

Monitor, interpret, and implement changes in financial regulations (e.g., FAIS Act, POPIA, FICA, AML/KYC regulations). Develop, update, and enforce compliance policies and procedures across the organization. Conduct regular compliance audits and risk assessments to identify areas of non-compliance or potential risk. Investigate potential compliance breaches, document findings, and recommend appropriate corrective actions. Provide training and guidance to employees on compliance matters and regulatory requirements. Liaise with regulatory bodies and external auditors as required. Maintain accurate records of compliance activities, investigations, and training. Advise management on compliance strategies and potential impacts of new regulations. Develop and implement anti-money laundering (AML) and know your customer (KYC) programs. Stay informed about industry best practices and emerging compliance trends.

Requirements

Bachelor's degree in Law, Finance, Business Administration, or a related field. Relevant professional certifications (e.g., CCO, CRCM) are highly advantageous. Minimum of 5 years of experience in a compliance role within the Banking & Finance or financial services industry. In-depth knowledge of South African financial regulations and compliance frameworks. Proven experience in developing and implementing compliance programs, policies, and procedures. Strong analytical and problem-solving skills, with meticulous attention to detail. Excellent written and verbal communication skills, with the ability to explain complex regulations clearly. Demonstrated ability to work independently, manage time effectively, and meet deadlines in a remote setting. High ethical standards and integrity. Proficiency in compliance management software and standard office applications. Ability to adapt to changing regulatory environments.

Benefits

Our client offers a competitive salary, performance-based incentives, and a comprehensive benefits package including medical aid and retirement contributions. The fully remote nature of this role provides significant flexibility and work-life balance. Access to continuous professional development, including regulatory updates and specialized training, is provided. You will be part of a supportive team committed to upholding the highest standards of integrity and compliance, contributing to a secure and trustworthy financial environment. Our client invests in technology to ensure seamless remote collaboration.