Remote Compliance Officer - Financial Services

Placements24; South Africa; Remote; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Fully remote work

Bonuses

Health benefits

Professional development

Generous annual leave

Job summary

Placements24 is seeking a meticulous Compliance Officer for a fully remote role in South Africa within the financial services sector. You will develop and monitor compliance programs, conduct internal audits, and guide staff on regulatory requirements.

The ideal candidate has 5+ years in compliance or risk within financial services, strong knowledge of SA laws (FAIS, POPIA, FIC), excellent communication, and the ability to work independently in a remote setup.

Qualifications

• Bachelor's degree in Law, Commerce, Finance, or related field.
• Minimum 5 years in compliance, risk management, or legal roles in financial services.
• In-depth knowledge of SA financial regulations (FAIS, POPIA, FIC Act).
• Experience with remote work and independent time management.
• Professional certifications (e.g., CCEP, COMP) are a plus.

Responsibilities

• Develop, implement, and monitor the company's compliance framework.
• Conduct internal audits and risk assessments.
• Provide staff training on compliance matters.
• Prepare regulatory reports and liaise with authorities.
• Advise management on regulatory changes.
• Manage relationships with regulatory bodies and external auditors.
• Ensure client-facing activities meet compliance standards.
• Stay updated with changes in SA regulations.

Skills

Attention to detail

Analytical skills

Regulatory knowledge

Communication skills

Education

Bachelor's degree (Law/Commerce/Finance)

Tools

Compliance software

MS Office

Job description

About the Role

Our client, a leading financial services provider, is seeking a meticulous and experienced Compliance Officer to join their fully remote team. This crucial role ensures that the company adheres to all relevant regulatory requirements and internal policies within the financial services sector. The ideal candidate will possess a strong understanding of South African financial regulations, including those governing insurance and investments. You will be responsible for developing, implementing, and monitoring compliance programs, conducting internal audits, and providing guidance to staff on compliance matters. This is an excellent opportunity for a dedicated compliance professional to contribute significantly to the company's integrity and operational soundness while enjoying the flexibility of a remote work arrangement. You will play a key role in mitigating risks and maintaining the company's reputation. We are looking for an individual with a keen eye for detail, excellent analytical skills, and the ability to communicate complex regulatory information effectively. The position requires proactivity in identifying potential compliance issues and implementing preventative measures.

Key Responsibilities

• Develop, implement, and maintain the company's compliance framework and policies.
• Monitor adherence to relevant laws, regulations, and industry best practices (e.g., FAIS Act, POPIA, FIC Act).
• Conduct regular compliance reviews and internal audits to assess risks and identify areas for improvement.
• Investigate potential compliance breaches and recommend corrective actions.
• Prepare and submit regulatory reports to relevant authorities.
• Provide compliance training and guidance to employees across all departments.
• Stay up-to-date with changes in financial regulations and advise management accordingly.
• Manage relationships with regulatory bodies and external auditors.
• Assist in the development and implementation of risk management strategies.
• Ensure all client-facing activities and documentation meet compliance standards.

Requirements

• A Bachelor's degree in Law, Commerce, Finance, or a related field.
• Minimum of 5 years of experience in compliance, risk management, or legal roles within the financial services industry, preferably insurance.
• In-depth knowledge of South African financial services legislation and regulatory requirements.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent written and verbal communication skills, with the ability to explain complex regulations clearly.
• Proficiency in compliance management software and MS Office Suite.
• High ethical standards and integrity.
• Ability to work independently, manage time effectively, and meet deadlines in a remote environment.
• Relevant professional certifications (e.g., CCEP, COMP) are a plus.

Benefits

• Competitive salary commensurate with experience and qualifications.
• Fully remote work opportunity with flexibility.
• Performance-based bonuses.
• Comprehensive health and wellness benefits.
• Opportunities for professional development and continuous learning.
• Access to resources for staying updated on regulatory changes.
• A collaborative virtual team environment.
• Generous annual leave allowance.