Remote Financial Compliance Officer

Placements24; Benoni; Hybrid; ZAR 500,000 - 900,000; Full time

Benefits offered by this job

Remote work

Health benefits

Home office setup allowance

Performance bonuses

Professional development opportunities

Job summary

Placements24 in South Africa seeks a Financial Compliance Officer to join a remote-first fintech team. You will design and oversee a compliance program to meet FICA, POPIA, AML and KYC requirements, and liaise with regulators and auditors.

You will lead risk assessments, investigate potential breaches, train staff, and report to management while maintaining thorough records. The ideal candidate has 6+ years in compliance within financial services or fintech and relevant certifications.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration or related field.
• Master's degree or CAMS/CRCM is a plus.
• Minimum of 6 years' experience in compliance, risk or legal roles in financial services or fintech.
• In-depth knowledge of South African regulations (FICA, POPIA, AML, KYC).
• Proven track record developing and implementing compliance programs.

Responsibilities

• Develop, implement, and monitor a comprehensive compliance program for fintech.
• Stay updated on FICA, POPIA, AML, and KYC changes and adjust policies.
• Conduct risk assessments and audits to identify vulnerabilities.
• Investigate compliance breaches and regulatory reporting.
• Deliver training on compliance to employees.
• Advise management on compliance matters and liaise with regulators and auditors.
• Maintain records and promote a culture of compliance.

Skills

Regulatory compliance

Risk assessment

KYC/AML

Communication skills

MS Office

Education

Bachelor's degree in Law, Finance, Business Administration

Tools

Compliance software

Job description

About the Role

Our client, a dynamic and rapidly growing fintech company, is seeking a highly detail-oriented and experienced Financial Compliance Officer to join their fully remote team. This crucial role involves ensuring the company adheres to all relevant financial regulations, laws, and internal policies. You will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and investigating potential compliance breaches. This position is ideal for individuals with a strong understanding of financial regulations, excellent analytical skills, and the ability to work independently in a remote setting. The successful candidate will play a vital part in safeguarding our client's integrity and reputation within the highly regulated Banking & Finance sector. This is a remote-first position, allowing you to work from anywhere.

Key Responsibilities

• Develop, implement, and maintain a comprehensive compliance program tailored to the fintech industry.
• Monitor changes in relevant laws and regulations (e.g., FICA, POPIA, AML, KYC) and ensure the company's policies and procedures are updated accordingly.
• Conduct regular compliance risk assessments and audits to identify potential vulnerabilities.
• Investigate potential compliance issues, including customer complaints and suspicious activities.
• Prepare and submit regulatory reports as required.
• Develop and deliver compliance training programs to employees.
• Advise management on compliance matters and best practices.
• Act as a liaison with regulatory bodies and external auditors.
• Maintain accurate records of compliance activities and documentation.
• Promote a strong culture of compliance throughout the organization.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• A Master's degree or relevant professional certification (e.g., CAMS, CRCM) is a significant advantage.
• Minimum of 6 years of experience in a compliance, legal, or risk management role within the financial services or fintech industry.
• In-depth knowledge of South African financial regulations, including FICA, POPIA, AML, and KYC requirements.
• Proven experience in developing and implementing compliance programs and policies.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Excellent written and verbal communication skills, with the ability to explain complex regulations clearly.
• Ability to work independently, manage multiple priorities, and meet deadlines in a remote work environment.
• Proficiency in relevant compliance software and MS Office Suite.
• High level of integrity and ethical conduct.

Benefits

• This fully remote position offers significant flexibility and autonomy, along with a competitive salary and performance-based bonuses.
• Our client provides comprehensive health benefits, a home office setup allowance, and opportunities for continuous professional development.
• You will be an integral part of a forward-thinking team, contributing to the ethical growth and stability of our client in the Banking & Finance sector, regardless of your physical location.