Financial Crime Compliance Officer

Placements24; Mtubatuba Local Municipality; Sur place; ZAR 600 000 - 900 000; Plein temps

Avantages offerts par ce poste

Competitive salary

Medical aid

Retirement fund contributions

Professional development

Career growth

Cutting-edge tools

Ethical sector contribution

Résumé du poste

Placements24 in Richards Bay, KwaZulu-Natal, is seeking a diligent Financial Crime Compliance Officer to safeguard the institution against money laundering, terrorist financing and fraud. You will develop, implement and maintain robust compliance programs and controls across business units.

The ideal candidate holds a Bachelor's degree in Law, Finance, Accounting or related field, with at least 4 years in financial crime, AML/KYC or fraud investigation, and strong knowledge of SA legislation.

Qualifications

• Bachelor's degree in Law, Finance, Accounting, Business Administration, or related field.
• Minimum of 4 years of experience in financial crime compliance, AML, KYC, or fraud investigation.
• In-depth knowledge of relevant South African financial crime legislation and regulations.
• Proficiency with compliance monitoring software and tools.
• Professional certifications such as CAMS are highly desirable.

Responsabilités

• Develop and implement policies and procedures to prevent, detect, and report financial crime activities.
• Conduct regular risk assessments to identify vulnerabilities and implement mitigation strategies.
• Monitor transactions and customer activities for suspicious patterns and escape accordingly.
• Investigate potential breaches of compliance regulations and internal policies.
• Prepare and file SARs with regulatory authorities.
• Liaise with law enforcement agencies and regulatory bodies.
• Provide training and guidance to staff on financial crime compliance matters.
• Stay updated on evolving regulatory requirements and industry best practices.
• Maintain accurate records and documentation of compliance activities.
• Assist in internal and external audits related to financial crime compliance.

Connaissances

Analytical skills

Investigative skills

Attention to detail

Communication skills

Formation

Bachelor's degree in Law/Finance/Accounting/Business Administration

Outils

Compliance monitoring software

Description du poste

About the Role Our client, a reputable financial institution, is seeking a diligent and experienced Financial Crime Compliance Officer to join their dedicated team in Richards Bay, KwaZulu-Natal, ZA. This role is essential for safeguarding the company against financial crime risks, including money laundering, terrorist financing, and fraud. You will be responsible for developing, implementing, and maintaining robust compliance programs and controls. This position requires a deep understanding of relevant legislation and regulatory requirements. You will conduct investigations, assess risks, and provide expert advice to business units to ensure adherence to compliance standards. The ideal candidate possesses strong analytical skills, exceptional attention to detail, and a commitment to upholding the highest ethical standards. This is an excellent opportunity to contribute to a secure and compliant financial environment within a growing organization.

Key Responsibilities

• Develop and implement policies and procedures to prevent, detect, and report financial crime activities.
• Conduct regular risk assessments to identify vulnerabilities and implement mitigation strategies.
• Monitor transactions and customer activities for suspicious patterns and escape accordingly.
• Investigate potential breaches of compliance regulations and internal policies.
• Prepare and file suspicious activity reports (SARs) with regulatory authorities.
• Liaise with law enforcement agencies and regulatory bodies.
• Provide training and guidance to staff on financial crime compliance matters.
• Stay updated on evolving regulatory requirements and industry best practices.
• Maintain accurate records and documentation of compliance activities.
• Assist in internal and external audits related to financial crime compliance.

Requirements

• Bachelor's degree in Law, Finance, Accounting, Business Administration, or a related field.
• Minimum of 4 years of experience in financial crime compliance, AML, KYC, or fraud investigation.
• In-depth knowledge of relevant South African financial crime legislation and regulations.
• Strong understanding of anti-money laundering (AML) and counter-terrorist financing (CTF) principles.
• Excellent analytical and investigative skills with a keen eye for detail.
• Proficiency in using compliance monitoring software and tools.
• Strong report writing and communication skills.
• Ability to work independently and manage workload effectively.
• Professional certifications such as CAMS or equivalent are highly desirable.

Benefits

• Competitive salary package.
• Comprehensive medical aid and retirement fund contributions.
• Opportunities for professional development and training in compliance.
• Stable work environment within a respected financial institution.
• Potential for career advancement within the compliance department.
• Access to cutting-edge compliance tools and resources.
• Contribution to maintaining a secure and ethical financial sector.