Senior Compliance Analyst - Financial Services

Placements24; LegKraal Gate; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Performance-based incentives

Medical and retirement benefits

Professional development and careerAdv

Remote work flexibility

Supportive team environment

Job summary

Placements24 is seeking a Senior Compliance Analyst to ensure adherence to financial regulations and industry standards. The role emphasizes regulatory reporting, risk management, and KYC/AML oversight, with a flexible remote setup across South Africa.

The ideal candidate will have substantial compliance experience, strong analytical skills, and the ability to guide staff on compliance matters while collaborating with auditors and regulators.

Qualifications

• Bachelor's degree in Finance, Law, Business Administration, or a related field.
• Minimum of 5 years of experience in compliance, regulatory affairs, or risk management within the financial services sector.
• In-depth knowledge of South African financial regulations (e.g., FAIS Act, FICA, POPIA).
• Proven experience in conducting compliance risk assessments and audits.
• Excellent analytical, problem-solving, and investigative skills.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple tasks effectively in a remote environment.
• Proficiency in compliance management software and MS Office Suite.
• High degree of integrity and attention to detail.
• Experience in building strong working relationships with diverse stakeholders.

Responsibilities

• Monitor regulatory changes affecting the financial services industry.
• Develop, implement, and update compliance policies and procedures.
• Conduct regular compliance risk assessments and internal audits.
• Investigate potential compliance breaches and recommend corrective actions.
• Prepare and submit regulatory reports to authorities.
• Provide guidance and training to staff on compliance matters.
• Manage KYC and AML processes.
• Ensure adherence to data privacy regulations (POPIA).
• Liaise with auditors and regulatory bodies.
• Maintain accurate records of compliance activities and documentation.

Skills

Regulatory changes monitoring

Policy development

Risk assessments

Audits

Investigations

KYC/AML processes

Data privacy (POPIA)

Stakeholder engagement

Analytical skills

Communication skills

Education

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

Tools

Compliance management software

MS Office Suite

Job description

About the Role

Our client, a dynamic and expanding financial services provider, is looking for a Senior Compliance Analyst to join their dedicated team. This role is pivotal in ensuring the organization operates in full compliance with all relevant financial regulations and industry standards. The ideal candidate will possess a strong understanding of compliance frameworks, risk management, and regulatory reporting. This position offers a flexible remote work arrangement, allowing the candidate to contribute effectively from anywhere within South Africa, while maintaining close collaboration with the team.

Key Responsibilities

• Monitor and interpret regulatory changes affecting the financial services industry.
• Develop, implement, and update compliance policies and procedures.
• Conduct regular compliance risk assessments and internal audits.
• Investigate potential compliance breaches and recommend appropriate corrective actions.
• Prepare and submit regulatory reports to relevant authorities.
• Provide guidance and training to staff on compliance matters.
• Manage the Know Your Customer (KYC) and Anti-Money Laundering (AML) processes.
• Ensure adherence to data privacy regulations (e.g., POPIA).
• Liaise with internal and external auditors and regulatory bodies.
• Maintain accurate records of compliance activities and documentation.

Requirements

• Bachelor's degree in Finance, Law, Business Administration, or a related field.
• Minimum of 5 years of experience in compliance, regulatory affairs, or risk management within the financial services sector.
• In-depth knowledge of South African financial regulations (e.g., FAIS Act, FICA, POPIA).
• Proven experience in conducting compliance risk assessments and audits.
• Excellent analytical, problem-solving, and investigative skills.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple tasks effectively in a remote environment.
• Proficiency in compliance management software and MS Office Suite.
• High degree of integrity and attention to detail.
• Experience in building strong working relationships with diverse stakeholders.

Benefits

• Our client offers a competitive salary, performance-based incentives, comprehensive medical and retirement benefits, and excellent opportunities for professional development and career advancement.
• This remote position provides the flexibility to work from home, promoting a healthy work-life balance.
• You will join a supportive team environment where your contributions are valued, and you'll play a key role in maintaining the integrity and compliance of the organization's operations.
• Be part of a forward-thinking company that prioritizes employee well-being and professional growth.