Compliance Risk Specialist

4 days ago


Centurion, Gauteng, South Africa We Buy Cars: The Car Supermarket Full time

**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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