Compliance Associate
Compliance Associate
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Our client is committed to building a financial system that works for all this includes consumers merchants banks regulators and law enforcement. Fraud and identity are unfortunately still significant challenges for everyone involved in payments and commerce. Our client is committed to combatting this and is building both tools and capabilities to improve its abilities in this space. The Law Enforcement Community (LEC) does a great deal to support the victims of crime and seek out the perpetrators so our client is looking to build a strong connection with LEC.
Role Overview
The Compliance Associate will play a key role in assisting with the development implementation and execution of the risk management and compliance strategy. Through effective collaboration with the Compliance & Regulatory Lead you will play a key role in solving compliance related issues and will be responsible for ensuring that our client complies with all relevant regulatory requirements and internal policies.
Job Type: Full time/Permanent
Location: South Africa
Workplace: Hybrid
Requirements
- Education & Experience Bachelors in Law Finance Business (or similar) plus 3 years compliance work in fintech banking gaming or broader financial services.
- Regulatory Expertise In-depth grasp of South African payments regulation (FIC Act POPIA) and hands-on KYC/AML onboarding periodic reviews and escalations.
- Training & Reporting Proven ability to craft compliance training and produce high-quality regulatory reports (e.g. to the FIC); strong risk-management track record.
- Technical Skillset Skilled in designing AML/CTF controls and internal rules; comfortable with data analysis and reporting.
- Personal Attributes Integrity discretion ownership mindset and clear communication with clients merchants and cross-functional teams.
- Broader Reg-Framework Exposure to FAIS B-BBEE Card Scheme rules and SARB TPPP/System-Operator/Screen Scraping directives.
- Data Analytics Fluency Comfort with analytics tools/programming for sharper risk insights.
- Professional Credentials CAMS or similar AML certification (or willingness to earn).
- Fintech Product Insight Working knowledge of payment tech APIs and related fintech offerings to spot compliance gaps early.
Responsibilities
- Merchant Onboarding & Screening Own the full onboarding workflow: gather documentation run CDD/EDD checks maintain screening systems and escalate high-risk cases.
- Regulatory Compliance Monitor regulatory changes refresh policies and training and ensure company practices stay aligned with law.
- Risk Management Assign merchant risk ratings update risk registers run gap analyses and report breaches to Compliance leadership.
- Regulatory & Internal Reporting File mandatory reports (e.g. FIC SARB) and deliver KYC insights to internal stakeholders.
- Stakeholder Liaison Serve as the primary contact for KYC queries from merchants and internal teams.
- Tech-Driven Controls Partner with Product/Tech to integrate compliance tools and build SQL-based AML/CTF monitoring rules.
- Data Protection Conduct vendor impact assessments and enforce client/vendor adherence to data-privacy obligations.
- Process & Policy Governance Document compliance procedures and audit ongoing adherence to internal policies and external requirements.
Employment Type
Full Time
