Senior Compliance Officer (Financial Services)

Placements24; Stellenbosch; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary and incentives

Hybrid work arrangement

Professional development and training

Job summary

Placements24 is seeking a Senior Compliance Officer for its Stellenbosch office in the Western Cape. The role focuses on developing and monitoring compliance programs, conducting risk assessments, and guiding regulatory matters in a hybrid work setting.

The ideal candidate will have at least 5 years in compliance within financial services, strong knowledge of FAIS, FICA, and POPIA, and a proven ability to lead regulatory initiatives with integrity and excellence.

Qualifications

• Bachelor's degree in Law, Finance, Accounting, or a related field.
• Strong analytical, problem-solving and investigative skills.
• Excellent written and verbal communication; ability to work independently in a hybrid environment.

Responsibilities

• Develop, implement, and maintain the company's compliance framework and policies.
• Conduct regular compliance risk assessments and audits across all business functions.
• Monitor regulatory changes and ensure prompt adaptation to new requirements.
• Provide expert advice and training to staff on compliance-related matters.
• Investigate potential breaches of compliance and recommend corrective actions.
• Liaise with regulatory bodies such as the FSCA.
• Manage the compliance reporting process to senior management and the board.
• Oversee AML and KYC procedures implementation.
• Contribute to building a strong compliance culture within the organization.

Skills

Analytical thinking

Problem solving

Investigative skills

Communication skills

Independent work

Education

Bachelor's degree in Law/Finance/Accounting

Tools

Compliance management software

Job description

About the Role

Our client, a well-established financial services provider, is seeking a Senior Compliance Officer to join their team in the vibrant university town of Stellenbosch, Western Cape . This critical role ensures that the organization adheres to all relevant financial regulations, industry standards, and internal policies. You will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and providing guidance on regulatory matters. This position operates on a hybrid model, offering a blend of in-office collaboration and remote flexibility. The ideal candidate will have a strong understanding of South African financial regulatory frameworks, exceptional analytical skills, and a commitment to upholding the highest ethical standards. Join a respected firm that values integrity and excellence in its operations.

Key Responsibilities

• Develop, implement, and maintain the company's compliance framework and policies.
• Conduct regular compliance risk assessments and audits across all business functions.
• Monitor regulatory changes and ensure the organization's prompt adaptation to new requirements.
• Provide expert advice and training to staff on compliance-related matters.
• Investigate potential breaches of compliance and recommend corrective actions.
• Liaise with regulatory bodies, such as the Financial Sector Conduct Authority (FSCA).
• Manage the compliance reporting process to senior management and the board.
• Oversee the implementation of anti-money laundering (AML) and know-your-customer (KYC) procedures.
• Contribute to the development of a strong compliance culture within the organization.

Requirements

• Bachelor's degree in Law, Finance, Accounting, or a related field.
• Minimum of 5 years of experience in a compliance role within the financial services industry.
• Comprehensive knowledge of South African financial services legislation (e.g., FAIS Act, FICA, POPIA).
• Experience with compliance monitoring, risk assessment, and regulatory reporting.
• Strong analytical, problem-solving, and investigative skills.
• Excellent written and verbal communication skills.
• Ability to work independently and collaboratively in a hybrid work environment.
• High level of integrity and professional ethics.
• Proficiency in compliance management software is an advantage.
• Must be legally authorized to work in South Africa.

Benefits

• Competitive salary and performance-based incentives.
• Hybrid work arrangement offering flexibility and work-life balance.
• Opportunity to work with a reputable and stable financial institution.
• Continuous professional development and training opportunities.
• Contribution to retirement and medical aid schemes.
• Engaging work environment in the picturesque setting of Stellenbosch, Western Cape .
• Be at the forefront of regulatory compliance in the financial sector.