Job Details
Job Description
We are looking for a Compliance Assistant to join our Compliance team at Head Office (in Centurion). If you have experience with FICA requirements and/or are interested in playing a pivotal role in fighting financial crimes (such as money laundering), this role may be for you.
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.
- Conduct enhanced customer due diligence on clients who repeatedly transact with the company.
- Ensure that clients are properly risk-rated in accordance with the company’s Risk Management and Compliance Programme (RMCP).
- Review client AML-screening reports to determine if suspicious transaction or suspicious activity reports need to be filed with regulatory authorities.
- Manually scan bank statements daily to detect cash deposits.
- File other regulatory reports with the FIC such as cash threshold reports.
- 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.
- Interact with relevant staff/stakeholders within the business to explain applicable compliance policies.
- Support the Compliance team as required.
- Support the Head of Legal as required.
Skills and Personal Attributes:
- Following Procedures.
- Risk Awareness.
- Time Management.
- Stress Tolerance.
- Detail Oriented.
- Drafting / Written Communication.
- People Management Skills.
- Team collaboration as well as the ability to work independently.
- Willingness to Learn.
Requirements:
- Minimum Grade 12.
- 1 year experience with FICA requirements.
- Entry-level compliance qualification will be beneficial.