Description:
We are seeking a highly motivated and detail-orientated individual to join our Cape Town Global Forex department as a Junior Compliance Officer. As a Junior Compliance Officer, you will assist in ensuring that our Forex departments adhere to all relevant laws, regulations, and internal policies. This role will involve supporting our senior compliance officer in various compliance-related tasks, conducting routine compliance checks, and assisting in compliance training programs.
You’re perfect for this position if you:
- Have a bachelor’s degree in business administration, law, finance, or a related field
- Have previous experience in compliance, risk management, or related field
- Have a strong understanding of regulatory requirements (Financial Regulations, Data Privacy and Security Laws (AML, GDPR and POPIA) and compliance principles
- Have excellent analytical skills with the ability to interpret complex regulations and policies
- Are structured, diligent, and proactive with a strong ability to problem-solve
- Are methodical, patient, and reliable, with strong attention to detail
- Have great organisational skills and work well in a high-pressure environment
- Have an excellent command of the English language
- Can work collaboratively as part of a team and independently where necessary
- Are computer literate, particularly in MS Excel, Word, and Outlook
- Have previous experience working in the foreign exchange and online payments space
Your role and responsibilities:
Among other tasks, your main responsibilities will include:
- Assisting with new client screening and cross-checking (KYC and FICA documentation)
- Assisting with following up and responding to new business inquiries; assisting clients with compliance
- Supporting ongoing client screening and cross-checking and monitoring of changes in profiles and behaviours of clientele
- Assisting with ongoing compliance risk mitigation based on requirements of onshore and offshore legal requirements – such as those imposed on the business through the FAIS act and AML regulations
- Constantly learning and keeping abreast of changes in the regulatory environment and working with the manager to ensure that the department remains at the forefront of compliance and fraud risk management in a constantly changing industry
- Assisting in developing and updating compliance manuals, guidelines, and other relevant documents as needed
- Ensuring that all compliance documentation is easily accessible and up to date for internal audits and regulatory inspections
- Supporting the process of conducting regular compliance reviews and assessments to ensure adherence to relevant laws, regulations, and internal policies
- Assisting with the development and delivery of compliance training programs for employees to ensure awareness and understanding of relevant compliance requirements
- Working with and advising our senior compliance officer regarding changes and improvements in the compliance and risk policies, procedures, and systems of the department. Consistently strengthening the compliance function of the department
- Customer Service - exceeding customer expectations
- Generating reports on compliance activities and findings for senior compliance officer to review
Would you like to apply?
Send us an email to sajobs@sableinternational.com with your CV and one-page covering letter. Please note: If you haven’t heard from us within two weeks, you may consider your application unsuccessful.
About Sable International
Sable International offers innovative professional services to international citizens. We create tailor-made solutions to meet the accounting, wealth, financial, currency, and nationality needs of our clients. We pride ourselves on providing solutions that suit our client’s unique individual circumstances; our employees are key in achieving this goal.
The staff in our Abuja, Cape Town, Durban, Harare, Johannesburg, Kampala, London, Lagos, Lusaka, Melbourne, and Monte Estoril offices are passionate about their areas of expertise and take pride in helping our clients achieve their goals. As a result, we have an energised and fun company culture, something that sets us apart from other professional services firms.
Requirements:
- Have a bachelor’s degree in business administration, law, finance, or a related field
- Have previous experience in compliance, risk management, or related field
- Have a strong understanding of regulatory requirements (Financial Regulations, Data Privacy and Security Laws (AML, GDPR and POPIA) and compliance principles
- Have excellent analytical skills with the ability to interpret complex regulations and policies
- Are structured, diligent, and proactive with a strong ability to problem-solve
- Are methodical, patient, and reliable, with strong attention to detail
- Have great organisational skills and work well in a high-pressure environment
- Have an excellent command of the English language
- Can work collaboratively as part of a team and independently where necessary
- Are computer literate, particularly in MS Excel, Word, and Outlook
- Have previous experience working in the foreign exchange and online payments space
- Assisting with new client screening and cross-checking (KYC and FICA documentation)
- Assisting with following up and responding to new business inquiries; assisting clients with compliance
- Supporting ongoing client screening and cross-checking and monitoring of changes in profiles and behaviours of clientele
- Assisting with ongoing compliance risk mitigation based on requirements of onshore and offshore legal requirements – such as those imposed on the business through the FAIS act and AML regulations
- Constantly learning and keeping abreast of changes in the regulatory environment and working with the manager to ensure that the department remains at the forefront of compliance and fraud risk management in a constantly changing industry
- Assisting in developing and updating compliance manuals, guidelines, and other relevant documents as needed
- Ensuring that all compliance documentation is easily accessible and up to date for internal audits and regulatory inspections
- Supporting the process of conducting regular compliance reviews and assessments to ensure adherence to relevant laws, regulations, and internal policies
- Assisting with the development and delivery of compliance training programs for employees to ensure awareness and understanding of relevant compliance requirements
- Working with and advising our senior compliance officer regarding changes and improvements in the compliance and risk policies, procedures, and systems of the department. Consistently strengthening the compliance function of the department
- Customer Service - exceeding customer expectations
- Generating reports on compliance activities and findings for senior compliance officer to review
- Administration: 2 to 3 years