Financial Compliance Analyst

Placements24; Soweto; On-site; ZAR 420,000 - 640,000; Full time

Benefits offered by this job

Competitive salary and annual bonus

Medical aid and pension fund

Professional development and exams

Ethical work environment

Paid time off

Job summary

Placements24 is seeking a detail-oriented Financial Compliance Analyst in Soweto to join the regulatory and compliance team. You will monitor transactions, identify risks, and help implement compliance procedures to ensure adherence to FICA, FAIS and POPIA.

The role requires 3+ years in compliance or audit within financial services, strong analytical skills, and proficiency with Excel. A supportive employer offers professional development and competitive benefits.

Qualifications

• 3+ years in compliance, risk or audit in financial services.

Responsibilities

• Monitor transactions for regulatory compliance (FICA, POPIA).
• Conduct investigations into suspicious activities and breaches of policy.
• Develop and update compliance procedures and training materials.
• Prepare reports on compliance status and identified risks for management.
• Stay updated on changes in financial regulations and advise on impact to operations.
• Support internal and external audits related to compliance matters.

Skills

Analytical skills

Investigative skills

Communication skills

Education

Bachelors degree in Finance/Law/Business Admin

Tools

Excel

Job description

About the Role

Our client is seeking a detail-oriented Financial Compliance Analyst to join their regulatory and compliance team in Soweto. This role is vital in ensuring the company adheres to all applicable financial laws, regulations, and internal policies. You will be responsible for monitoring transactions, identifying potential compliance risks, and assisting in the development and implementation of compliance procedures. The ideal candidate will possess strong analytical skills, a thorough understanding of financial regulations, and a commitment to maintaining the highest standards of integrity and operational control within the financial services sector.

Key Responsibilities

• Monitor financial transactions and activities for compliance with regulatory requirements (e.g., FICA, POPIA).
• Conduct investigations into suspicious activities and potential breaches of compliance policies.
• Assist in the development and updating of compliance procedures and training materials.
• Prepare reports on compliance status and identified risks for management review.
• Stay updated on changes in financial regulations and advise on their impact on business operations.
• Support internal and external audits related to compliance matters.

Requirements

• Bachelor's degree in Finance, Law, Business Administration, or a related field.
• Minimum of 3 years of experience in a compliance, risk, or audit role within the financial services industry.
• Knowledge of South African financial regulations (FICA, FAIS, POPIA).
• Strong analytical and investigative skills with keen attention to detail.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Excellent written and verbal communication skills.

Benefits

• Competitive salary and annual bonus opportunities.
• Comprehensive medical aid and pension fund.
• Opportunities for professional development and compliance certifications.
• A supportive work environment committed to ethical practices.
• Paid time off and other statutory benefits.