Compliance Officer, Financial Services Regulation

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

Benefits offered by this job

Remote-first work

Medical aid

Pension fund

Job summary

Placements24 is seeking a seasoned Compliance Officer to join a remote-first team focused on Financial Services Regulation. You will develop, implement, and monitor compliance programs, assess regulatory changes, and advise management on risk and controls across SA operations including Soweto.

The ideal candidate has at least 5 years in compliance within financial services, with deep knowledge of FAIS, FICA, POPIA and CISCA. ICA or CCEP certification is advantageous for career progression.

Qualifications

• Bachelor's degree in Law, Finance, Business, or related field.
• Minimum 5 years of compliance experience in financial services regulation in South Africa.
• Deep knowledge of FAIS, FICA, POPIA, and CISCA.
• Experience in developing and implementing compliance programs.
• Strong risk management understanding and ability to implement controls.

Responsibilities

• Develop, implement, and maintain compliance policies and procedures for the financial services sector.
• Monitor regulatory changes and assess their impact on the company's operations.
• Conduct regular compliance risk assessments and internal audits.
• Advise senior management on compliance matters and best practices.
• Manage regulatory reporting requirements and submissions to relevant authorities.
• Investigate potential compliance breaches and implement corrective actions.
• Develop and deliver compliance training programs to staff.
• Oversee AML and Know Your Customer (KYC) processes.
• Liaise with regulatory bodies and external auditors.
• Maintain comprehensive compliance records and documentation.

Skills

Regulatory compliance

Risk assessment

Regulatory reporting

Analytical thinking

Education

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

Job description

About the Role

Our client is seeking a seasoned Compliance Officer with a strong background in Financial Services Regulation to join their fully remote team. This role is vital in ensuring that all operations adhere to the complex regulatory frameworks governing the financial services industry. The Compliance Officer will be responsible for developing, implementing, and monitoring compliance programs, identifying potential risks, and advising on regulatory changes. This is an excellent opportunity for a compliance professional looking to leverage their expertise in a dynamic, remote-first environment, contributing to the integrity and lawful operation of a significant financial entity. The role supports a broad operational reach including areas like Soweto .

Key Responsibilities

• Develop, implement, and maintain robust compliance policies and procedures for the financial services sector.
• Monitor regulatory changes and assess their impact on the company's operations.
• Conduct regular compliance risk assessments and internal audits.
• Advise senior management and relevant departments on compliance matters and best practices.
• Manage regulatory reporting requirements and submissions to relevant authorities.
• Investigate potential compliance breaches and implement corrective actions.
• Develop and deliver compliance training programs to staff.
• Oversee Anti-Money Laundering (AML) and Know Your Customer (KYC) processes.
• Liaise with regulatory bodies and external auditors.
• Maintain comprehensive compliance records and documentation.

Requirements

• A Bachelor's degree in Law, Finance, Business, or a related field.
• A minimum of 5 years of experience in compliance, with a significant focus on financial services regulation in South Africa.
• In-depth knowledge of relevant legislation such as FAIS, FICA, POPIA, and CISCA.
• Proven experience in developing and implementing compliance programs.
• Strong understanding of risk management principles within the financial sector.
• Excellent analytical, problem-solving, and investigative skills.
• Exceptional written and verbal communication abilities.
• Ability to work independently, manage priorities effectively, and thrive in a remote setting.
• Professional certifications such as ICA or CCEP are advantageous.
• High degree of integrity and ethical conduct.

Benefits

• This is a fully remote, full-time position offering great flexibility and autonomy.
• Our client provides a competitive salary, comprehensive medical aid, and retirement fund benefits.
• You will be part of a dedicated compliance team that values diligence and proactive engagement.
• This role offers significant opportunities for professional development and the chance to make a substantial impact on the company's regulatory standing, supporting diverse business operations including those relevant to Soweto and its economic landscape.