Compliance Assistant

Full job description

Job Description:

The Compliance Assistant will support the compliance team in fulfilling the organisation’s obligations under the Financial Intelligence Centre Act, 2001 (FIC Act). The role focuses on assisting with the timely submission of accurate reports to the FIC, while also supporting anti-money laundering (AML) screening, enhanced due diligence (EDD), and ongoing due diligence (ODD) processes. The role is based in Centurion.

Duties and Responsibilities include:

Support the Compliance team with the day-to-day implementation of the company’s FICA compliance and monitoring efforts

Review FICA (Know-Your-Customer KYC) 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 the company (i.e. defined as business relationship)

Ensure that clients are properly risk-rated in accordance with the company’s Risk Management and Compliance Programme (RMCP)

Manually scan bank statements daily to detect cash deposits

Support the team in updating internal protocols

Keep abreast of related rules, regulations and best practices, assess their impact on the company and update the relevant business departments/stakeholders accordingly

Conduct staff training sessions, design routine and ad-hoc training programs for all staff

Support the Compliance team as required

Support the Head of Legal as required

Skills and Personal Attributes:

Strong attention to detail

Following Procedures

Risk Awareness

Time Management

Stress Tolerance

Detail Oriented

Good Drafting / Written Communication

People Management Skills

Team collaboration as well as the ability to work independently

Requirements:

Understanding of the FIC Act and AML

1-2 years experience in a compliance and AML-related role

Certification in AML or Compliance is an advantage

Package includes:

Market related salary

15 days annual leave

Provident Fund

Life Insurance

Industries: Automotive

Function: Others