Regional Compliance Officer Managing Risk Regulatory Standards Due Diligence Johannesburg South Africa

Reference Number: MTBSRCO

Job Description:

Our client in the private equity space is seeking a highly skilled and experienced Regional Compliance Officer to join their team. The successful candidate will play a key role in managing compliance risk and ensuring adherence to regulatory standards. If you are a dedicated professional with a strong background in compliance and risk management we invite you to apply.

Responsibilities:

• Develop and implement compliance initiatives and programs to meet legal licensing and regulatory obligations.
• Provide compliance advice to the Board Management and employees.
• Collaborate with internal departments regulators authorities and external service providers to resolve compliance issues.
• Monitor business activities to ensure compliance with rules regulations and internal procedures.
• Enforce antimoney laundering (AML) standards and assess unusual or suspicious transactions.
• Design and implement training programs to promote a positive compliance culture within the company.
• Conduct reviews of client files for risk profiling and update KYC Enhanced Due Diligence (EDD) on Politically Exposed Persons (PEP) clients.
• Prepare reports to the Board of Directors on compliance and antimoney laundering matters.
• Manage and oversee the governance process.
• Analyze and investigate cases of internal Suspicious Transaction Reporting (STR).
• Make decisions on whether a suspicious transaction should be reported.
• Prepare and file STR reports to local authorities.
• Log and file STR cases.
• Manage information and reports to/from regulatory authorities.
• Apprise the Board of any STR reports filed with regulatory authorities.
• Implement and perform additional related controls.
• Provide guidance to employees on STRrelated matters.

Requirements:

• Possess competency requirements applicable to all FSPs.
• Operational ability applicable to FSPs
• Appropriate level of knowledge on the legal and regulatory requirements affecting the company.
• Apply knowledge to practical solutions in making recommendations to cater for both the regulatory requirements and the needs of the business.
• Communicate at all levels including with the regulators and other stakeholders.
• Analyse information investigate and propose solutions ensuring appropriate procedures are formulated and followed.
• Interact with staff at all levels and influence policy and decisionmaking at the highest level ensuring it reflects compliance requirements.
• Establish solid working relationships with senior management risk management and the regulator.

Qualifications:

• Financial standing
• Relevant education qualifications and experience as per listed recognized compliance qualifications.
• Passed the regulatory examination.
• 5 years’ experience in performing a compliance or risk management function.
• Ability to perform relevant functions accurately efficiently honestly and fairly.
• Reputation character financial integrity honesty and reliability.
• Meet solvency requirements as per FSP.

Benefits and Contractual information:

• Full time position
• Based in Johannesburg South Africa

If you wish to apply for the position please send your CV to Matthew Taylor at

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