Lead Compliance Officer

Placements24; Klerksdorp; Hybrid; ZAR 1,200,000 - 1,600,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive health, dental, and eye

Retirement plan with employer matching

Hybrid work arrangement

Annual performance incentives

Generous paid time off

Professional memberships

Job summary

Placements24 is seeking a Lead Compliance Officer in Klerksdorp to lead and refine the company’s regulatory program. The position combines in-office collaboration with remote flexibility to balance teamwork and efficiency.

The ideal candidate has 6+ years in financial services compliance, strong knowledge of AML/KYC and data privacy laws, and proven leadership in building compliant programs. The role involves mentoring staff and interfacing with regulators.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or related field.
• Master's degree or professional compliance certification desirable.
• Minimum of 6 years of experience in compliance, regulatory affairs, or legal roles within financial services.
• In-depth knowledge of AML, KYC, and data privacy laws.
• Proven experience in developing and implementing compliance programs.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication and interpersonal skills, with ability to interact with all levels and stakeholders.
• Experience managing a compliance team is a significant advantage.
• Proficiency in compliance software and standard office applications.
• Knowledge of the financial landscape in Klerksdorp, North West is a plus.
• High ethical standards and integrity.

Responsibilities

• Develop, implement, and maintain the company's compliance program.
• Ensure adherence to all applicable laws, regulations, and industry standards.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Develop and deliver compliance training programs for employees at all levels.
• Investigate reported compliance concerns and breaches, recommending and implementing corrective actions.
• Stay updated on changes in relevant legislation and regulatory requirements.
• Liaise with regulatory bodies and external auditors.
• Manage the reporting of suspicious activities and maintain relevant documentation.
• Develop and update compliance policies and procedures as needed.
• Provide expert guidance to business units on compliance-related matters.

Skills

Analytical skills

Investigative skills

Communication skills

Interpersonal skills

Leadership

Education

Bachelor's degree in Law/Finance/Business Administration

Master's degree or professional compliance certification

Tools

Compliance management software

Job description

About the Role

Our client, a rapidly growing financial services firm, is seeking a dedicated and experienced Lead Compliance Officer to join their esteemed department in Klerksdorp, North West. This senior role is pivotal in ensuring the organization adheres to all relevant laws, regulations, and internal policies within the highly regulated Banking & Finance industry. The ideal candidate will possess a deep understanding of compliance frameworks, excellent investigative skills, and the ability to effectively manage and guide a compliance team. You will play a key role in developing and implementing compliance strategies to mitigate regulatory risks and maintain the company's integrity. This hybrid position offers a balance between essential in-office collaboration and remote flexibility.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program.
• Ensure adherence to all applicable laws, regulations, and industry standards.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Develop and deliver compliance training programs for employees at all levels.
• Investigate reported compliance concerns and breaches, recommending and implementing corrective actions.
• Stay updated on changes in relevant legislation and regulatory requirements.
• Liaise with regulatory bodies and external auditors.
• Manage the reporting of suspicious activities and maintain relevant documentation.
• Develop and update compliance policies and procedures as needed.
• Provide expert guidance to business units on compliance-related matters.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• A Master's degree or professional compliance certification is highly desirable.
• Minimum of 6 years of experience in compliance, regulatory affairs, or legal roles within the financial services sector.
• In-depth knowledge of relevant financial regulations, including AML, KYC, and data privacy laws.
• Proven experience in developing and implementing compliance programs.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of staff and external stakeholders.
• Experience managing a compliance team is a significant advantage.
• Proficiency in compliance management software and standard office applications.
• Knowledge of the financial landscape in Klerksdorp, North West is a plus.
• High ethical standards and integrity.

Benefits

• Competitive salary commensurate with experience and expertise.
• Comprehensive health, dental, and vision benefits package.
• Retirement savings plan with employer contributions.
• Opportunities for professional development and continuing education.
• Hybrid work arrangement promoting work-life integration.
• Annual performance incentives.
• Positive and ethical work environment.
• Access to leading compliance resources and technologies.
• Generous paid time off.
• Company-sponsored professional memberships.