Financial Compliance Specialist

4 weeks ago


Cape Town, Western Cape, South Africa IGrow Wealth Investments Full time

IGrow Wealth Investments, a leading property investment company in South Africa, seeks a seasoned Financial Compliance Specialist to oversee the effective implementation of FICA requirements.

To excel in this role, you will need:

  • Matric certification
  • Comprehensive knowledge of FICA regulations

Key responsibilities include:

  • Identifying and reporting suspicious transactions to the FIC in a timely and efficient manner
  • Ensuring the company's reporting procedures are compliant with FICA requirements
  • Registering with the FIC and submitting regulatory reports
  • Developing and implementing a risk-based approach to compliance
  • Establishing and maintaining beneficial ownership records
  • Conducting thorough customer due diligence
  • Maintaining accurate transaction records
  • Verifying FICA documents for compliance with industry standards
  • Ensuring the company adheres to all regulatory and legal requirements
  • Communicating with senior management and staff regarding FICA requirements and compliance programs


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