Fica Compliance Officer

Executive Placements; Cape Town; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading personnel consulting firm is seeking a Compliance Officer in Cape Town. The ideal candidate must have over 25 years of experience in compliance or legal practice, an LLB degree, and extensive knowledge of FICA and related regulations. Responsibilities include developing compliance policies, conducting client due diligence, and performing risk assessments. This role requires excellent communication skills and attention to detail.

Qualifications

• 25 years of experience in compliance, legal practice, or risk management.
• In-depth knowledge of FICA and related AML regulations.
• Attention to detail and integrity when handling confidential information.

Responsibilities

• Develop, implement, and maintain FICA compliance policies and procedures.
• Conduct and oversee client due diligence processes.
• Perform risk assessments on clients and transactions.

Skills

Communication skills

Analytical skills

Report-writing skills

Ability to train staff

Education

LLB Degree

Tools

LexisFICA

DocFox

Job description

Key Responsibilities

• Develop, implement, and maintain the firms FICA compliance policies and procedures.
• Conduct and oversee client due diligence (KYC) processes, ensuring all client information and documentation are correctly verified and maintained.
• Perform risk assessments on clients and transactions to identify potential money-laundering risks.
• Monitor, investigate, and report suspicious or unusual transactions to the Financial Intelligence Centre (FIC).
• Conduct internal audits and compliance checks to ensure adherence to FICA and internal procedures.
• Train and guide staff on FICA obligations, red flags, and reporting responsibilities.
• Serve as the firms Compliance Officer and liaison with the FIC and other relevant regulatory authorities.
• Maintain comprehensive records and registers in line with statutory retention requirements.
• Keep abreast of any legislative or regulatory changes impacting FICA or AML compliance and ensure timely implementation.

Minimum Requirements

• LLB Degree
• Minimum 25 years experience in compliance, legal practice, or risk management (preferably within a law firm or financial institution).
• In-depth knowledge of the Financial Intelligence Centre Act (FICA), POCA, and related AML regulations.
• Excellent communication, analytical, and report-writing skills.
• High attention to detail, integrity, and discretion when handling confidential information.
• Ability to train and support staff on compliance matters.

Preferred Skills

• Prior experience as a Compliance Officer or in Regulatory Risk Management.
• Working knowledge of LexisFICA, DocFox, or similar compliance platforms.
• Familiarity with legal practice management systems.

Consultant: Mekayla Swart - Dante Personnel Cape Town