Compliance jobs in South Africa

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard‑working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over 13,000 employees across 112 offices worldwide. Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry‑changing realities.

For our business, for clients, and for you.

Apex is looking for a Client Compliance & AML Officer (Cayman Islands) who will be responsible for ensuring that the assigned portfolio of client entities has comprehensive and effective systems and controls in place to maintain compliance with relevant legal and regulatory requirements, to advise on such systems and controls and to monitor for compliance with them. The successful candidate will be appointed as the Anti‑Money Laundering Compliance Officer (AMLCO) and/or Money Laundering Reporting Officer (MLRO) or Deputy MLRO (DMLRO) as required under the Cayman Islands Anti‑Money Laundering Regulations (as revised).

• Work with the Compliance team to ensure Apex is compliant with legal and regulatory requirements and best risk/compliance practice.
• Serve as AMLCO, MLRO & DMLRO to the allocated client entities.
• Understand the Cayman AML Regulations and be able to perform AMLCO, DMLRO and MLRO functions in line with Cayman requirements and relevant international standards, including FATF.
• Identify and summarize any material developments in the business and other activities.
• Advise on maintaining adequate systems to identify risks in relation to persons, countries, business relationships and activities, and to:
• Conduct ongoing monitoring of business relationships or one‑off transactions in accordance with the Regulations.
• Conduct transaction monitoring reviews in relation to the fund.
• Present updates or key findings to the Board/ Fund controlling parties.
• Consider and make any Suspicious Transaction Reports (STRs).
• Develop AML & CFT policies and procedures.
• Prepare AML Business Risk Assessments.
• Perform AML & CFT sample testing and AML assurance reviews.
• Monitor the systems and controls (including, without limitation, the AML/CFT procedures and other documented policies and procedures) in line with the Regulations.
• Carry out regular audit of the AML/CFT procedures and any other policies and procedures used by the company to adhere to the Regulations.
• Maintain logs of declined business, politically exposed persons and requests from supervisory and competent authorities, particularly in relation to investigations.
• Advise the Board on AML/CFT compliance issues that require attention.
• Report at least annually to the Board on the maintenance of the company compliance functions and the company’s compliance with the AML/CFT procedures.
• Act as the main point of contact with the supervisory and other competent authorities in the Cayman Islands in relation to AML/CFT and respond promptly to requests for information.
• File a SAR with the FRA in accordance with the Regulations, if deemed appropriate.
• Maintain a log of all reports of Suspicious Activity (including where filing a SAR is not deemed necessary or appropriate).
• Keep the Board informed of all internal reports of Suspicious Activity and SARs filed with the FRA, to the extent permitted by legislation and regulation.
• Provide assistance as a point of contact for CIMA and other regulators and law enforcement as applicable under the legislation and regulation.
• Function as the point of contact with CIMA for the purpose of the Regulations.
• Perform the role of the DMLRO, discharging the functions of the MLRO when the MLRO is absent.
• Embed a compliance culture within Apex and engage personally with client entity governing bodies/committees.
• Drive forward the development, implementation and embedding of SAR, AML/CFT and associated regulatory policies and procedures, including robust control procedures.
• Play responsibility for the client entity screening process and various compliance registers and reviews, including assisting with new business.
• Assist with the regulatory aspects of client entity audits.
• Conduct ad hoc reviews and/or special investigations as required.

• Contribute in regular 1:1s, appraisals and development meetings.
• Provide support and direction and share examples of best practice with relevant business areas and colleagues.

• Strong academic background and industry‑relevant professional qualification.
• In-depth knowledge of the finance industry.
• Excellent people management, interpersonal, analytic and diplomatic skills.
• Strong organisational and time‑management skills, with the ability to meet deadlines in a fast‑paced environment.
• Strong working knowledge of MS Office applications.
• A good level of commercial and fiduciary risk awareness.
• Sound working knowledge of statutory requirements and financial services legislation, together with relevant guidance notes and Codes of Practice.
• Sound knowledge and application of relevant AML/CFT legislation, the AML/CFT Handbook and relevant guidance notes and codes of practice.
• Ability to communicate complex and potentially sensitive issues to client entities and across the business.
• Discretion/ability to handle confidential information.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.