Senior Compliance Officer - Banking Regulations

Placements24; Stellenbosch; Vor Ort; ZAR 900.000 - 1.500.000; Vollzeit

Benefits dieser Stelle

Medical aid

Provident fund

Bonuses

Zusammenfassung

Placements24 in Paarl, Western Cape, seeks a Senior Compliance Officer to bolster its banking compliance team. This on-site role focuses on ensuring adherence to FICA, POPIA, AML/CFT and related regulations with a strong emphasis on policy implementation and monitoring.

You will lead risk assessments, trainings, regulatory liaison, and investigations, reporting to senior management. A seasoned professional with SA banking regulatory experience is required to uphold integrity and regulatory

Qualifikationen

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Professional certifications (e.g., CAMS, CRCM) are advantageous.
• Minimum of 6 years of compliance experience in banking or financial services.
• Strong knowledge of SA banking regulations (FICA, POPIA, AML/CFT).
• Excellent analytical, investigative, and communication skills.
• High integrity and ability to manage multiple priorities.
• Experience with compliance software and investigations.

Aufgaben

• Develop, implement, and maintain the bank's compliance program, ensuring adherence to all relevant laws and regulations.
• Conduct regular compliance risk assessments and audits to identify potential areas of non-compliance.
• Develop and deliver compliance training programs for all employees.
• Monitor regulatory changes and advise senior management on their impact.
• Investigate potential compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors during examinations.
• Develop and update compliance policies and procedures as necessary.
• Oversee AML and KYC procedures.
• Act as the primary point of contact for all compliance inquiries and issues.

Kenntnisse

Regulatory knowledge

Analytical skills

Communication skills

Investigative skills

Ausbildung

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

Jobbeschreibung

About the Role

Our client, a reputable financial institution, is seeking a highly experienced Senior Compliance Officer to bolster their team in Paarl, Western Cape . This pivotal role is responsible for ensuring the organization adheres to all relevant banking laws, regulations, and internal policies. The ideal candidate will possess a strong understanding of the South African financial regulatory landscape and a proven ability to implement and monitor effective compliance programs. This office-based position is crucial for maintaining the integrity and reputation of the bank within the Paarl community and beyond.

Key Responsibilities

• Develop, implement, and maintain the bank's compliance program, ensuring adherence to all relevant laws and regulations.
• Conduct regular compliance risk assessments and audits to identify potential areas of non-compliance.
• Develop and deliver compliance training programs for all employees.
• Monitor regulatory changes and advise senior management on their impact.
• Investigate potential compliance breaches and recommend appropriate corrective actions.
• Liaise with regulatory bodies and external auditors during examinations.
• Develop and update compliance policies and procedures as necessary.
• Oversee the implementation of anti-money laundering (AML) and know your customer (KYC) procedures.
• Act as the primary point of contact for all compliance-related inquiries and issues within the organization.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Relevant professional certifications (e.g., CAMS, CRCM) are highly advantageous.
• Minimum of 6 years of experience in a compliance role within the banking or financial services industry.
• Thorough knowledge of South African banking regulations, including FICA, POPIA, and AML/CFT frameworks.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to clearly articulate complex regulatory requirements.
• High level of integrity and ethical standards.
• Ability to work independently and manage multiple priorities effectively.
• Proficiency in compliance management software and standard office applications.
• Experience in conducting internal investigations and interacting with regulatory authorities.

Benefits

Our client offers a competitive salary and benefits package, including

• comprehensive medical aid
• a provident fund
• performance-based bonuses

We provide ample opportunities for professional growth and development within the compliance field. This role in Paarl, Western Cape , is an excellent opportunity for a dedicated compliance professional seeking to make a significant impact in a stable financial environment.