Remote Senior Compliance Officer - Financial Services

Placements24; Durban; Hybrid; ZAR 900,000 - 2,100,000; Full time

Benefits offered by this job

Remote role

Competitive salary

Bonuses

Medical aid

Retirement fund

Job summary

Placements24 is seeking a Senior Compliance Officer to lead its remote compliance function across SA financial services. You will develop, implement, and monitor policies, perform risk assessments, and guide business units to ensure regulatory adherence and ethical standards.

You will oversee AML/KYC programs, manage regulatory relationships, and provide training and reports to senior management, enabling safe product and service launches while maintaining trust and accountability.

Qualifications

• 7+ years in a compliance role within financial services.
• Strong knowledge of SA regulations (FICA, POPIA) and banking/securities laws.
• Experience developing and implementing compliance programs.
• Proven AML/KYC experience and anti-terrorism financing controls.

Responsibilities

• Develop, implement, and maintain compliance policies and procedures.
• Conduct compliance risk assessments and internal audits.
• Monitor regulatory changes and update policies promptly.
• Investigate breaches and recommend corrective actions.
• Provide compliance training to staff across departments.
• Manage regulatory relationships and examinations.
• Oversee AML/KYC programs and reporting to management.
• Advise on compliance implications for new products and initiatives.
• Prepare regular compliance reports to senior management.

Skills

AML/KYC

Regulatory compliance

Risk assessments

Internal audits

Policy development

Staff training

Management reporting

Analytical thinking

Communication

Remote work

Education

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

Tools

Compliance management software

Job description

About the Role

Our client is actively seeking a highly experienced and motivated Senior Compliance Officer to join their expanding team on a fully remote basis. This crucial role will oversee and manage the compliance framework for all operations, ensuring adherence to financial regulations and industry best practices. You will be responsible for developing, implementing, and monitoring compliance policies and procedures, conducting risk assessments, and providing guidance to business units. This is a remote-first position, offering unparalleled flexibility and autonomy to work from anywhere. We are looking for a proactive individual with a strong understanding of South African financial regulatory landscapes. This role is essential in safeguarding the company's reputation and integrity in the market. You will be a key player in maintaining the highest standards of ethical conduct and regulatory adherence across the organization, contributing significantly to our mission of trust and accountability.

Key Responsibilities

• Develop, implement, and maintain robust compliance policies and procedures in line with current financial regulations.
• Conduct regular compliance risk assessments and internal audits to identify potential areas of non-compliance.
• Monitor regulatory changes and ensure timely updates to policies and procedures.
• Investigate compliance breaches and recommend corrective actions.
• Provide compliance training and guidance to staff across various departments.
• Manage relationships with regulatory bodies and facilitate regulatory examinations.
• Oversee the Anti-Money Laundering (AML) and Know Your Customer (KYC) programs.
• Prepare and submit regular compliance reports to senior management and relevant authorities.
• Advise on compliance implications of new products, services, and business initiatives.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• A minimum of 7 years of experience in a compliance role within the financial services sector, preferable in banking or investment management.
• In-depth knowledge of South African financial regulations, including FICA, POPIA, and relevant banking/securities laws.
• Proven experience in developing and implementing compliance programs and conducting risk assessments.
• Strong understanding of AML/KYC requirements and counter-terrorism financing regulations.
• Excellent analytical and problem-solving skills, with meticulous attention to detail.
• Exceptional communication, interpersonal, and report-writing skills.
• Demonstrated ability to work independently and manage multiple priorities effectively in a remote setting.
• Experience with compliance management software is an advantage.

Benefits

• This fully remote position offers significant flexibility.
• Our client provides a competitive salary, performance-based bonuses, and a comprehensive benefits package including medical aid and retirement fund contributions.
• You will have the opportunity to shape the compliance function and contribute to a culture of integrity.
• Professional development opportunities, including funding for certifications and training, are readily available.