Compliance Risk Specialist
4 days ago
**Job Overview**
We are seeking a highly detail-oriented Compliance Risk Specialist to join our team in Centurion. As a key member of our compliance team, you will play a crucial role in ensuring that our organization adheres to the Financial Intelligence Centre Act, 2001 (FIC Act) and anti-money laundering (AML) regulations.
Duties and Responsibilities:
- Support the Compliance team with day-to-day implementation of FICA compliance and monitoring efforts.
- Review FICA documents as required.
- Assist with enhanced customer due diligence on medium-risk and high-risk clients.
- Conduct ongoing customer due diligence on clients who repeatedly transact with us.
- Evaluate clients' risk ratings according to our Risk Management and Compliance Programme (RMCP).
- Monitor bank statements daily to detect cash deposits.
- Update internal protocols as needed.
- Stay informed about relevant rules, regulations, and best practices, assess their impact on our organization, and update stakeholders accordingly.
- Develop and conduct staff training sessions on compliance matters.
- Collaborate with the Compliance team as required.
- Support the Head of Legal as needed.
Requirements:
- Strong understanding of the FIC Act and AML regulations.
- 1-2 years experience in a compliance and AML-related role.
- Certification in AML or Compliance is advantageous.
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