Compliance Officer - Regulatory Affairs

Placements24; Richards Bay; Hybrid; ZAR 450,000 - 700,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Hybrid work arrangement

Job summary

Placements24, on behalf of a prominent financial services group, seeks a meticulous Compliance Officer for its Richards Bay operation in KwaZulu-Natal. The role focuses on developing, implementing, and monitoring compliance programs across the Banking & Finance sector, with emphasis on FAIS, FICA, and POPIA.

The position is hybrid, balancing in-office collaboration with remote work to uphold regulatory integrity.

Qualifications

• Bachelor's degree in law, finance, accounting, or a related field.
• Minimum of 4 years in a compliance/regulatory role within the financial services industry.
• Thorough knowledge of FAIS Act, FICA, POPIA.
• Proven experience in developing and implementing compliance programs.

Responsibilities

• Develop, implement, and manage the company's compliance program.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Investigate potential compliance breaches and recommend corrective actions.
• Stay updated on all applicable laws, regulations, and industry best practices related to financial services.
• Provide guidance and training to staff on compliance policies and procedures.
• Prepare and submit regulatory reports as required by governing bodies.
• Liaise with regulatory authorities and external auditors.
• Develop and maintain internal control systems to prevent and detect compliance issues.
• Advise senior management on compliance risks and strategies.

Skills

Analytical thinking

Attention to detail

Communication skills

Interpersonal skills

Education

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

Tools

MS Office Suite

Compliance software

Job description

About the Role

Our client, a prominent financial services group, is seeking a meticulous and knowledgeable Compliance Officer to join their operations in Richards Bay, KwaZulu-Natal . This role is critical for ensuring adherence to all relevant laws, regulations, and internal policies within the highly regulated Banking & Finance sector. You will be responsible for developing, implementing, and monitoring compliance programs to mitigate risks and uphold the integrity of the organization. The position requires a deep understanding of financial regulations, strong analytical skills, and the ability to collaborate effectively across departments. Working in a hybrid capacity, you will balance essential in-office collaboration with the efficiency of remote work, contributing to a compliant and ethical business environment in Richards Bay . This is an excellent opportunity to shape compliance strategies within a reputable firm in KwaZulu-Natal .

Key Responsibilities

• Develop, implement, and manage the company's compliance program.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Investigate potential compliance breaches and recommend corrective actions.
• Stay updated on all applicable laws, regulations, and industry best practices related to financial services.
• Provide guidance and training to staff on compliance policies and procedures.
• Prepare and submit regulatory reports as required by governing bodies.
• Liaise with regulatory authorities and external auditors.
• Develop and maintain internal control systems to prevent and detect compliance issues.
• Advise senior management on compliance risks and strategies.

Requirements

• Bachelor's degree in Law, Finance, Accounting, or a related field.
• Minimum of 4 years of experience in a compliance or regulatory role within the financial services industry.
• Thorough knowledge of relevant South African financial regulations (e.g., FAIS Act, FICA, POPIA).
• Proven experience in developing and implementing compliance programs.
• Strong analytical and problem-solving skills with keen attention to detail.
• Excellent communication, presentation, and interpersonal skills.
• Ability to interpret complex legal and regulatory documents.
• Proficiency in relevant compliance software and MS Office Suite.
• High level of integrity and professional ethics.

Benefits

Our client offers a competitive salary commensurate with experience and a comprehensive benefits package, including medical aid and a retirement fund. This hybrid role allows for a flexible work arrangement. You will have opportunities for professional development and career growth within a stable and respected organization in Richards Bay . The role offers direct exposure to critical regulatory matters within the Banking & Finance sector, contributing to the ongoing success and integrity of our client's operations in KwaZulu-Natal .