Senior Compliance Officer

Placements24; Paarl; On-site; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Annual leave

Training opportunities

Job summary

Placements24 is partnering with a respected financial services provider in Paarl to recruit a Senior Compliance Officer. The role focuses on strengthening regulatory and risk management processes through direct collaboration across teams.

The ideal candidate will have a minimum of 5 years' experience in financial services compliance, with deep knowledge of FAIS, FICA and POPIA, and a proactive approach to risk mitigation and governance.

Qualifications

• Bachelor's degree in a relevant field (Law/Finance/Business) required.
• Minimum 5 years in a compliance role within financial services.
• Strong knowledge of FAIS, FICA, POPIA and AML/KYC.
• Excellent analytical and communication skills.

Responsibilities

• Develop, implement and maintain the firm's compliance program.
• Monitor regulatory changes and assess impact on the organization.
• Conduct compliance risk assessments and mitigation.
• Oversee AML and KYC procedures with rigorous controls.
• Investigate breaches and recommend corrective actions.
• Prepare regulatory filings and reports.
• Provide compliance training to staff and management.

Skills

AML/KYC

Analytical thinking

Problem solving

Communication skills

Regulatory knowledge

Education

Bachelor's degree (Law/Finance/Business Admin)

Tools

Compliance management software

Job description

About the Role

Our client, a respected financial services provider in Paarl, Western Cape , is actively seeking a Senior Compliance Officer to bolster their regulatory and risk management functions. This role is office-based, emphasizing the importance of direct collaboration and team synergy. You will be instrumental in ensuring adherence to all applicable laws, regulations, and internal policies across the organization. The ideal candidate will possess a sharp understanding of the financial regulatory landscape, exceptional analytical skills, and a proactive approach to identifying and mitigating compliance risks. This is a critical position for an experienced compliance professional looking to contribute to the integrity and operational excellence of a well-established financial institution.

Key Responsibilities

• Develop, implement, and maintain the firm's compliance program.
• Monitor regulatory changes and assess their impact on the organization.
• Conduct compliance risk assessments and develop mitigation strategies.
• Oversee the firm's anti-money laundering (AML) and know your customer (KYC) procedures.
• Investigate potential compliance breaches and recommend corrective actions.
• Prepare and submit regulatory filings and reports.
• Provide compliance training and guidance to employees.
• Advise management on compliance-related matters and best practices.
• Liaise with regulatory authorities during examinations and inquiries.
• Conduct internal audits and reviews to ensure adherence to policies and procedures.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in a compliance role within the financial services industry.
• In-depth knowledge of relevant financial regulations (e.g., FAIS Act, FICA, POPIA).
• Strong understanding of AML/KYC principles and practices.
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in compliance management software and tools.
• Strong written and verbal communication skills, with the ability to present complex information clearly.
• High level of integrity, ethical conduct, and professional skepticism.
• Ability to work independently and manage multiple priorities effectively.
• Experience in conducting investigations and developing remediation plans.

Benefits

• Competitive annual salary and performance-based bonuses.
• Comprehensive medical aid and retirement fund benefits.
• Generous annual leave and paid public holidays.
• Opportunities for professional development and certifications.
• A stable and secure work environment within a reputable company.
• Exposure to diverse compliance challenges.
• Collaborative team culture.
• Access to ongoing training and industry updates.
• Contribution to maintaining the highest standards of financial integrity.
• Potential for career advancement within the compliance department.