Junior Compliance Officer (Financial Services)

University of Fort Hare; Somerset West; On-site; ZAR 200,000 - 300,000; Full time

Job summary

An international financial services company in Somerset West seeks a Junior Compliance Officer to join its compliance team. Responsibilities include ensuring due diligence, conducting compliance monitoring, and assisting with regulatory obligations. The ideal candidate will possess a Matric and relevant qualification, with a keen interest in compliance and excellent organizational skills. This role offers an opportunity to grow within a supportive environment.

Qualifications

• Strong interest in compliance and relevant educational background.
• Ability to articulate complex issues clearly and concisely.
• Experience in collating and summarizing data.

Responsibilities

• Ensure that client’s due diligence is collected to the appropriate standard.
• Conduct periodic reviews and generate action points for remediation.
• Assist in maintaining compliance with regulatory obligations.

Skills

Attention to detail

Problem solving

Organizational skills

Education

Matric plus relevant post matric qualification

Job description

Junior Compliance Officer (Financial Services)

Somerset West, My client, an international financial services concern, is seeking to employ a Junior Compliance Officer who will be working as a member of the compliance team based in the South African office and will report directly to the Associate Director, Compliance.

Key duties and responsibilities include:

• Ensuring that client’s due diligence is collected to the appropriate standard in line with our internal policies and procedures
• Conduct Periodic Reviews, record any deficiencies and generate action points for remediation
• Assist in maintaining internal policies and procedures to ensure the company's compliance with its regulatory obligations
• Conduct client screening using our screening system and open-source searches
• Monitor and analyse the results of the automated ongoing screening system and conducting research on relevant parties where potential adverse matches are identified
• Provide day to day support/guidance to the staff as required in respect of compliance and AML/CFT/CPF matters
• Conduct compliance monitoring in accordance with the compliance monitoring programme, to ensure compliance with all regulatory requirements and AML/CFT/CPF, record deficiencies and generate remediating action points
• Assist in training to address identified trends and issues
• Maintain and update central compliance registers in a timely manner
• Contribute to the completion of regulatory returns and management reporting in both in South Africa and abroad.
• Complete any other duties as and when required to drive business success
• Assisting with the project management of new initiatives.
• Adopt and reflect the company values

Competencies Include:

• Matric plus relevant post matric qualification.
• A strong interest in compliance and a relevant educational background would be highly beneficial.
• An ability to articulate complex issues in a clear and concise manner
• An aptitude for problem solving
• A methodical approach to tasks with a strong focus on attention to detail
• Experience in collating and summarising data
• Excellent organisational skills; prioritising, achieving deadlines
• Consistently work at the standard required by the team and business
• A willing and flexible attitude to working hours to support team and business needs, as require