Head of Compliance in South Africa
Head of Compliance in South Africa
Posted on :
12-07-2025
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
12-07-2025
Job Description
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best so we are always in search of the best people to join our ever-growing talented team.
The Head of Compliance is responsible for leading the compliance function and ensuring the companys adherence to all regulatory requirements particularly those set by the Financial Sector Conduct Authority of South Africa (FSCA). The role will oversee the development implementation and enforcement of internal policies and procedures to mitigate compliance risks and uphold the companys regulatory obligations reputation and integrity.
Regulatory Compliance & Governance:
- Ensure ongoing compliance with all applicable FSCA laws regulations notices and guidelines.
- Develop implement and maintain compliance policies tailored to the South Africa regulatory environment.
- Submit required regulatory filings and notifications in a timely manner.
- Report compliance issues and status to the Board of Directors and Group Compliance.
- Maintain a comprehensive compliance monitoring programme.
AML/CFT Oversight:
- Design implement and maintain an effective AML/CFT local framework.
- Conduct regular AML/CFT risk assessments and report suspicious activity to the relevant authorities.
- Supervise transaction monitoring (KYT) and sanctions screening.
- Ensure proper execution of CDD and EDD for onboarding and ongoing monitoring.
- Maintain accurate records of AML/CFT controls and regulatory interactions.
- Provide AML/CFT training to staff on a regular basis.
Training Conduct & Ethics:
- Develop and administer compliance training programs across all staff levels.
- Monitor employee adherence to internal codes of conduct trading policies and ethical standards.
- Address and mitigate potential conflicts of interest.
- Maintain the appointed representatives register and ensure compliance with CPD requirements.
- Ensure representatives and Key Individuals meet qualification and training standards and manage the Companys licensing obligations.
Licensing Reporting & Complaints Management:
- Oversee licensing status of employees including representatives and appointed persons.
- Support internal and external audits ensuring timely remediation of findings.
- Lead regulatory engagement and ensure timely and accurate reporting to the FSCA and other authorities.
- Assisting with FSCA licensing applications.
Leadership & Internal Collaboration:
- Lead and mentor the South Africa compliance team.
- Work closely with front office legal operations and technology teams to embed a strong compliance culture.
- Represent compliance at senior management meetings and internal committees.
Requirements:
- Bachelors degree in Finance Law Business or a related discipline or another FSCA-recognised NQF Level 7 qualification (relevant postgraduate qualification will be considered an advantage).
- Regulatory Examination RE1 (completed or in progress).
- Minimum of 5 years experience in a compliance leadership role in the financial services industry preferably within the derivatives or investment spacepreferably with exposure to products such as Securities OTC derivatives (such as CFDs) Futures and/or Options.
- Strong understanding of the FAIS Act Financial Markets Act and associated FSCA and FMA regulations.
- Experience in retail investments trading and/or retail financial services.
- Strong analytical problem-solving and stakeholder engagement skills.
- Excellent written and verbal communication skills.
- Strong leadership and mentoring ability.
- Capable of handling complex and non-routine compliance challenges.
- High ethical standards and commitment to integrity and transparency.
- Resilient under pressure and adaptable in a fast-paced environment.
- Must meet FSCA Fit and Proper requirements including CPD obligations.
What you will get in return:
Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated.
Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid
Annual Performance Bonus: Your hard work doesnt go unnoticed! Celebrate your achievements with a well-deserved annual bonus tied to your performance.
Generous Time Off: Need a breather Our annual leave policy lets you recharge and enjoy life outside of work without a worry.
Employee Referral Program: Love working here Share the love! Bring your talented friends on board and get rewarded for growing our awesome team.
Comprehensive Health & Pension Benefits: From medical insurance to pension plans weve got your back. Plus location-specific benefits and perks!
Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community.
Be a key player at the forefront of the digital assets movement propelling your career to new heights!Join a dynamic and rapidly expanding company that values and rewards talent initiative and alongside one of the most brilliant teams in the industry.
Required Experience:
Director
Employment Type
Full Time
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