Senior Compliance Officer

Placements24; Centurion; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Medical aid

Provident fund

Life insurance

Annual bonus

Hybrid work model

Job summary

Placements24 in Centurion, Gauteng, seeks a Senior Compliance Officer to lead regulatory compliance, risk assessments, and implementation of AML/CTF programs within a financial services setting. You will drive policy development, training, and regulatory reporting across the business.

The role requires deep knowledge of FAIS, FICA, POPIA, and related laws, with a proactive approach to addressing compliance challenges and providing practical business solutions.

Qualifications

• Bachelor’s degree in Law or Finance with strong regulatory knowledge.
• Postgraduate qualification in compliance is advantageous.

Responsibilities

• Develop and maintain comprehensive compliance policies and procedures aligned with regulatory requirements.
• Conduct regular compliance risk assessments and internal audits to identify non-compliance.
• Monitor regulatory changes and update compliance frameworks accordingly.
• Investigate potential compliance breaches and perform root cause analysis.
• Develop and deliver compliance training programs for staff.
• Advise business units on compliance matters and new product initiatives.
• Manage regulatory reporting requirements and liaise with regulators as needed.
• Oversee AML and CTF program implementation and effectiveness.
• Maintain records of compliance activities and prepare reports for management.

Skills

Regulatory compliance

Internal audits

AML/CTF

Regulatory reporting

Policy development

Training delivery

Stakeholder advisory

Education

Bachelor's degree in Law/Finance

Postgraduate compliance qualification

Job description

About the Role

Our client, a respected financial services provider, is seeking an experienced Senior Compliance Officer to join their established operations in Centurion, Gauteng . This pivotal role involves ensuring adherence to all relevant regulatory frameworks, internal policies, and ethical standards within the organization. You will be responsible for developing, implementing, and monitoring compliance programs to mitigate risks and maintain the integrity of the company's operations. The ideal candidate will possess a keen eye for detail, a strong understanding of financial regulations, and a proactive approach to identifying and addressing compliance challenges. This is an excellent opportunity to make a significant impact in a key function within a reputable firm.

Key Responsibilities

• Develop, implement, and maintain comprehensive compliance policies and procedures aligned with regulatory requirements (e.g., FAIS, FICA, POPIA).
• Conduct regular compliance risk assessments and internal audits to identify potential areas of non-compliance.
• Monitor regulatory changes and update compliance frameworks accordingly to ensure ongoing adherence.
• Investigate potential compliance breaches, conduct root cause analysis, and implement corrective actions.
• Develop and deliver compliance training programs to employees across various departments.
• Advise business units on compliance-related matters and provide guidance on new product development and business initiatives.
• Manage regulatory reporting requirements and liaise with regulatory bodies as needed.
• Oversee the implementation and effectiveness of anti-money laundering (AML) and counter-terrorist financing (CTF) programs.
• Maintain accurate records of compliance activities and prepare reports for senior management and the board.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• A postgraduate qualification in compliance is advantageous.
• Minimum of 6 years of experience in a compliance role within the financial services sector, preferably in banking or investment management.
• In-depth knowledge of South African financial regulations, including FAIS, FICA, POPIA, and related legislation.
• Proven experience in developing and implementing compliance programs, policies, and procedures.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent communication, presentation, and interpersonal skills.
• Ability to interpret complex regulations and translate them into practical business solutions.
• Experience in conducting internal investigations and managing regulatory inquiries.
• Professional certifications such as CCO (Certified Compliance Officer) or equivalent are a plus.

Benefits

Our client offers a competitive salary package, complemented by an attractive annual bonus. The benefits include comprehensive medical aid, a provident fund, and life insurance. This role provides excellent opportunities for professional development through internal and external training programs. A hybrid work model allows for a balance between office-based collaboration in Centurion, Gauteng , and remote work flexibility, ensuring a productive and engaging work experience.