Senior Compliance Officer

Placements24; Soweto; On-site; ZAR 650,000 - 950,000; Full time

Benefits offered by this job

Competitive salary

Benefits package

Professional development

Stable employer

Job summary

Placements24 in Soweto seeks a Senior Compliance Officer to ensure adherence to financial regulations, internal policies and risk controls. You will monitor transactions, conduct investigations, develop compliance programs, and guide staff on regulatory matters.

The ideal candidate has 5+ years in compliance within financial services, deep knowledge of SA regulations (AML/CTF, FICA, POPIA), and strong analytical and drafting abilities. Relocation to Soweto is desirable for this role.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum 5 years of experience in compliance, regulatory affairs, or a related role within financial services.
• In-depth knowledge of South African financial regulations and compliance requirements (AML/CTF).
• Excellent analytical, problem-solving, and investigative skills.
• Strong written and verbal communication; ability to draft policies and reports.

Responsibilities

• Develop, implement, and maintain robust compliance policies and procedures.
• Monitor activities to ensure adherence to regulations (FICA, POPIA, etc.).
• Conduct internal investigations and recommend corrective actions.
• Prepare regulatory reports for authorities.
• Provide training and guidance on compliance matters.
• Assess and manage compliance risks across the organization.
• Liaise with regulatory bodies and auditors during examinations.
• Stay updated on regulatory changes and advise the business accordingly.
• Manage customer due diligence and KYC processes.
• Contribute to continuous improvement of the compliance framework.

Skills

Regulatory compliance

AML/CTF

Analytical skills

Investigations

Policy drafting

Communication

Education

Bachelor's degree

Job description

About the Role

Our client, a reputable financial institution, is seeking an experienced Senior Compliance Officer to join their team in Soweto. This role is essential for ensuring the organization adheres to all relevant financial regulations, laws, and internal policies. You will be responsible for monitoring transactions, conducting investigations, developing compliance programs, and providing guidance to staff on regulatory matters. The ideal candidate possesses a strong understanding of financial compliance frameworks, excellent analytical skills, and a commitment to upholding the highest ethical standards. This is a key position that contributes significantly to the company's integrity and operational security. Join a dedicated team focused on maintaining a culture of compliance and trust within the financial sector.

Key Responsibilities

• Develop, implement, and maintain robust compliance policies and procedures.
• Monitor business activities to ensure adherence to relevant financial regulations (e.g., FICA, POPIA, etc.).
• Conduct internal investigations into potential compliance breaches and recommend corrective actions.
• Prepare and submit regulatory reports to relevant authorities.
• Provide training and guidance to employees on compliance-related matters.
• Assess and manage compliance risks across the organization.
• Liaise with regulatory bodies and external auditors during examinations.
• Stay updated on changes in financial regulations and advise the business accordingly.
• Manage and oversee the customer due diligence (CDD) and Know Your Customer (KYC) processes.
• Contribute to the continuous improvement of the compliance framework.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in compliance, regulatory affairs, or a related role within the financial services industry.
• In-depth knowledge of South African financial regulations and compliance requirements.
• Strong understanding of anti-money laundering (AML) and counter-terrorist financing (CTF) principles.
• Excellent analytical, problem-solving, and investigative skills.
• Strong written and verbal communication skills, with the ability to draft policies and reports.
• High level of integrity and ethical conduct.
• Ability to work independently and manage multiple priorities effectively.
• Proficiency in compliance management software is an advantage.
• Must be based in or willing to relocate to Soweto.

Benefits

• Competitive salary and benefits package.
• Opportunities for professional development and certifications in compliance.
• Key role in ensuring the integrity and regulatory standing of the organization.
• A stable and respected employer.
• Supportive team environment focused on professional growth.