Senior Compliance Officer - Financial Regulations

Placements24; LegKraal Gate; Hybrid; ZAR 900,000 - 1,700,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Hybrid work model

Professional development

Career advancement

Job summary

Placements24 in Mahikeng, North West, is seeking a Senior Compliance Officer to lead our regulatory program and ensure adherence to FAIS, FICA and POPIA. The role blends policy development, risk assessment and staff training in a hybrid work setting.

You will guide business units on regulatory matters, oversee AML/KYC processes, and liaise with regulators to ensure timely filings and examinations. Strong ethics and communication are essential.

Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or a related field required.
• Minimum of 5 years of compliance experience in the financial services industry.
• Proven knowledge of SA financial regulations (FAIS, FICA, POPIA) and international best practices.
• Experience developing and implementing compliance frameworks and policies.
• Strong analytical, problem-solving, and risk assessment skills.
• Excellent communication, interpersonal and influencing abilities.

Responsibilities

• Develop, implement and maintain compliant programs and policies.
• Conduct regular compliance risk assessments and identify non-compliance areas.
• Monitor regulatory changes and update policies accordingly.
• Provide guidance to business units on regulatory matters.
• Investigate compliance breaches and recommend corrective actions.
• Develop and deliver compliance training for employees.
• Prepare regulatory filings and reports as required.
• Liaise with regulators and participate in examinations.
• Oversee AML and KYC procedures.
• Foster a strong compliance culture.

Skills

Regulatory compliance

Risk assessment

Policy development

Communication

Project management

Education

Bachelor's degree in Law/Finance/Business Admin

Certifications (CCO/CRV) advantageous

Job description

About the Role

Our client, a significant player in the South African financial services sector, is seeking a dedicated and experienced Senior Compliance Officer to join their team in Mahikeng, North West . This vital role involves ensuring the firm's adherence to a complex web of financial regulations and internal policies. The successful candidate will be responsible for developing and implementing compliance programs, conducting risk assessments, and providing guidance to business units on regulatory matters. This position offers a hybrid working model, blending office-based collaboration with remote flexibility. If you possess a strong understanding of financial regulations and a commitment to ethical business practices, this is an excellent opportunity to contribute to a reputable organization in Mahikeng, North West .

Key Responsibilities

• Develop, implement, and maintain robust compliance programs and policies in line with relevant financial regulations.
• Conduct regular compliance risk assessments and identify potential areas of non-compliance.
• Monitor regulatory changes and ensure timely updates to policies and procedures.
• Provide expert advice and guidance to business units on compliance-related matters.
• Investigate potential compliance breaches and recommend appropriate corrective actions.
• Develop and deliver compliance training programs to employees across the organization.
• Prepare and submit regulatory filings and reports as required.
• Liaise with regulatory authorities and participate in regulatory examinations.
• Oversee the implementation of anti-money laundering (AML) and know your customer (KYC) procedures.
• Foster a strong compliance culture throughout the organization.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Advanced degrees or relevant professional certifications (e.g., CCO, CRV) are advantageous.
• Minimum of 5 years of experience in compliance roles within the financial services industry.
• In-depth knowledge of South African financial regulations (e.g., FAIS Act, FICA, POPIA) and international best practices.
• Proven experience in developing and implementing compliance frameworks and policies.
• Excellent analytical, problem-solving, and risk assessment skills.
• Strong understanding of financial products and services.
• Exceptional communication, interpersonal, and influencing skills.
• Ability to manage multiple tasks and projects effectively in a dynamic environment.
• High ethical standards and a strong sense of integrity.
• Experience working in the Mahikeng, North West region is a plus.

Benefits

• Our client offers a competitive salary and benefits package, commensurate with your experience and expertise.
• This includes comprehensive medical aid and retirement fund benefits.
• Opportunities for professional development, including specialized training and certifications, are readily available.
• The hybrid work model provides a good work-life balance, allowing for flexibility while staying connected to the team in Mahikeng, North West.
• Employees are encouraged to contribute to a culture of continuous improvement and ethical conduct.
• Career advancement opportunities within the compliance function and the broader organization are significant.