Senior Compliance Officer - Financial Services

Placements24; Gqeberha; Hybrid; ZAR 800,000 - 1,200,000; Full time

Benefits offered by this job

Flexible Remote working arrangements.

Comprehensive medical aid and退休 fund?

Generous annual leave and paid timeoff

Opportunities for professional dev. &

Supportive team environment and clear.

Job summary

Placements24 is seeking a highly diligent Senior Compliance Officer for a dynamic financial services firm based in Port Elizabeth, Eastern Cape. The role requires developing, implementing, and monitoring compliance programs, conducting risk assessments, and investigating breaches, with a remote work arrangement enabled.

You will collaborate with multiple departments, ensure adherence to FICA and POPIA, manage AML/KYC processes, and contribute to a strong culture of ethical conduct while

Qualifications

• Bachelor's degree in Law, Finance, or related field.
• 5+ years in compliance/regulatory role in banking & finance.
• Strong knowledge of SA regulations like FICA and POPIA.
• Experience developing and implementing compliance programs.
• Proficient in MS Office and compliance software.
• Excellent communication and interpersonal skills.
• Ability to work remotely.

Responsibilities

• Develop and maintain a robust compliance framework aligned with regulatory requirements.
• Conduct regular compliance risk assessments and address vulnerabilities.
• Monitor regulatory changes and update policies accordingly.
• Investigate breaches, perform root cause analysis, and recommend actions.
• Deliver compliance training across departments.
• Manage regulatory reporting and liaise with authorities.
• Oversee AML and KYC procedures.
• Advise management on compliance matters.
• Maintain compliance records and documentation.
• Promote culture of ethics and compliance.

Skills

Analytical thinking

Communication skills

Problem solving

Independent work

Education

Bachelor's degree in Law/Finance/Business Administration

Tools

Microsoft Office Suite

Compliance management software

Job description

About the Role

Our client, a dynamic and growing financial services firm based in Port Elizabeth, Eastern Cape, is seeking a highly diligent and experienced Senior Compliance Officer. This role is crucial for ensuring adherence to all relevant laws, regulations, and internal policies governing the banking & finance industry. The Senior Compliance Officer will be responsible for developing, implementing, and monitoring the firm's compliance programs, conducting risk assessments, and investigating potential compliance breaches. This position offers the flexibility of a Remote work arrangement, allowing the successful candidate to contribute effectively from anywhere in South Africa. You will work closely with various departments to foster a strong culture of compliance and ethical conduct, safeguarding the firm's reputation and operational integrity. This is an excellent opportunity to take on significant responsibility within a reputable organization.

Key Responsibilities

• Develop, implement, and maintain a robust compliance framework aligned with regulatory requirements.
• Conduct regular compliance risk assessments and identify areas of potential vulnerability.
• Monitor regulatory changes and ensure the firm's policies and procedures are updated accordingly.
• Investigate potential compliance breaches, conduct root cause analysis, and recommend corrective actions.
• Deliver compliance training programs to employees across various departments.
• Manage regulatory reporting requirements and liaise with regulatory bodies as needed.
• Oversee anti-money laundering (AML) and know your customer (KYC) procedures.
• Advise management and business units on compliance-related matters.
• Maintain accurate compliance records and documentation.
• Promote a strong culture of compliance and ethical behavior throughout the organization.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in a compliance or regulatory role within the banking & finance sector.
• Thorough understanding of South African financial regulations, including FICA, POPIA, and relevant FSB/FSCA directives.
• Proven experience in developing and implementing compliance programs.
• Strong analytical and problem-solving skills with keen attention to detail.
• Excellent communication, presentation, and interpersonal skills.
• Ability to work independently and manage workload effectively in a Remote setting.
• Proficiency in Microsoft Office Suite and compliance management software.
• Relevant professional certifications (e.g., CCEP, CAMS) are highly desirable.
• Familiarity with data privacy regulations is a plus.

Benefits

• Competitive salary package commensurate with experience.
• Flexible Remote working arrangements.
• Comprehensive medical aid and retirement fund benefits.
• Generous annual leave and paid time off.
• Opportunities for professional development and certifications.
• Supportive team environment and clear career progression paths.
• Access to modern technology and compliance tools.
• Contribution to enhancing regulatory adherence in the Eastern Cape region's financial landscape.
• Potential for performance-based incentives.