Remote Compliance Officer - AML/KYC

Placements24; Randburg; Hybrid; ZAR 850,000 - 1,200,000; Full time

Benefits offered by this job

Fully remote working arrangement

Competitive salary and benefits

Professional development including CS/

Job summary

Placements24, a fast-growing FinTech in the Banking & Finance sector, seeks a remote Compliance Officer specializing in AML and KYC. You will build and maintain robust compliance programs to meet regulatory requirements and prevent financial crime.

You will conduct risk assessments, manage CDD/EDD, monitor transactions, file SARs, and train staff. The role offers fully remote work from anywhere in South Africa and the chance to collaborate with regulators and auditors.

Qualifications

• Strong knowledge of AML/KYC frameworks and South African legislation.
• Experience conducting risk assessments and developing compliance policies.
• Excellent written and verbal communication for remote work.

Responsibilities

• Develop, implement, and manage AML and KYC policies.
• Conduct risk assessments to identify money-laundering risks.
• Oversee CDD and EDD processes.
• Monitor transactions and investigate suspicious activity.
• Prepare SARs and liaise with authorities.
• Stay updated with evolving AML/KYC regulations and best practices.
• Provide training and guidance to staff on compliance matters.
• Liaise with regulatory bodies and external auditors during reviews.
• Maintain compliance records and documentation.
• Develop and implement ongoing monitoring programs for customer accounts.

Skills

AML/KYC compliance

Risk assessment

Regulatory knowledge

Investigations

Training & guidance

Education

Bachelor's degree in Law/Finance/Economics/Business Administration or related field

Tools

Transaction monitoring systems

Case management tools

Job description

About the Role

Our client, a rapidly expanding FinTech firm operating within the **Banking & Finance** sector, is actively seeking a dedicated and experienced **Remote** Compliance Officer with a specialization in Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. This is a fully remote position, providing the flexibility to work from any location within South Africa. You will be responsible for developing, implementing, and maintaining robust compliance programs to ensure adherence to all relevant financial regulations and prevent financial crime. The ideal candidate will possess a deep understanding of AML/KYC frameworks, exceptional analytical skills, and a proactive approach to risk management in the digital financial space. This is a critical role in safeguarding the integrity of our client's operations and ensuring trust within the financial ecosystem.

Key Responsibilities

• Develop, implement, and manage comprehensive AML and KYC policies and procedures.


• Conduct risk assessments to identify and mitigate potential money laundering and terrorist financing risks.


• Oversee the customer due diligence (CDD) and enhanced due diligence (EDD) processes.


• Monitor transactions for suspicious activity and conduct investigations as necessary.


• Prepare and file Suspicious Activity Reports (SARs) with relevant regulatory authorities.


• Stay current with evolving AML/KYC regulations and industry best practices.


• Provide training and guidance to staff on compliance matters.


• Liaise with regulatory bodies and external auditors during compliance reviews and audits.


• Manage and maintain compliance records and documentation.


• Develop and implement ongoing monitoring programs for customer accounts.

Requirements

• Bachelor's degree in Law, Finance, Economics, Business Administration, or a related field.


• Minimum of 4 years of progressive experience in AML/KYC compliance within the **Banking & Finance**, FinTech, or related regulated industry.


• In-depth knowledge of South African AML/KYC legislation (e.g., POCA, FIC Act) and international standards (e.g., FATF recommendations).


• Proven experience in conducting risk assessments and developing compliance policies.


• Experience with transaction monitoring systems and case management tools.


• Strong analytical, investigative, and problem-solving skills.


• Excellent written and verbal communication skills, with the ability to clearly articulate complex compliance requirements.


• Ability to work independently, manage time effectively, and meet deadlines in a remote work environment.


• Relevant professional certifications (e.g., CAMS, ACAMS) are highly desirable.


• High level of integrity and ethical conduct.

Benefits

• Fully remote working arrangement offering significant flexibility.


• Competitive salary and benefits package.


• Opportunity to work with a cutting-edge FinTech company at the forefront of **Banking & Finance** innovation.


• Professional development opportunities, including support for certifications and advanced training.


• Be part of a growing team that values compliance and ethical practices.


• Direct impact on ensuring the security and integrity of financial transactions.


• Collaborative remote work culture and access to modern compliance tools.