Compliance Officer jobs in South Africa

Job Description

The Compliance Assistant will support the compliance team in fulfilling the organisation’s obligations under the Financial Intelligence Centre Act, 2001 (FIC Act). The role focuses on assisting with the timely submission of accurate reports to the FIC, while also supporting anti-money laundering (AML) screening, enhanced due diligence (EDD), and ongoing due diligence (ODD) processes. The role is based in Centurion.

Duties And Responsibilities Include

1. Support the Compliance team with the day-to-day implementation of the company’s FICA compliance and monitoring efforts.
2. Review FICA (Know-Your-Customer KYC) documents as required.
3. Assist with enhanced customer due diligence on medium-risk and high-risk clients.
4. Conduct ongoing customer due diligence on clients who repeatedly transact with the company (i.e. defined as business relationship).
5. Ensure that clients are properly risk-rated in accordance with the company’s Risk Management and Compliance Programme (RMCP).
6. Manually scan bank statements daily to detect cash deposits.
7. Support the team in updating internal protocols.
8. Keep abreast of related rules, regulations and best practices, assess their impact on the company and update the relevant business departments/stakeholders accordingly.
9. Conduct staff training sessions, design routine and ad-hoc training programs for all staff.
10. Support the Compliance team as required.
11. Support the Head of Legal as required.

Skills And Personal Attributes

1. Strong attention to detail.
2. Following Procedures.
3. Risk Awareness.
4. Time Management.
5. Stress Tolerance.
6. Detail Oriented.
7. Good Drafting / Written Communication.
8. People Management Skills.
9. Team collaboration as well as the ability to work independently.

Requirements

1. Understanding of the FIC Act and AML.
2. 1-2 years experience in a compliance and AML-related role.
3. Certification in AML or Compliance is an advantage.

Package includes:

1. Market related salary.
2. 15 days annual leave.
3. Provident Fund.
4. Life Insurance.