Job Description
Job Purpose:

• To form part of Compliance Function in Risk and Compliance team.
• A compliance officer is an individual who ensures that a company complies with its outside regulatory and legal requirements as well as internal policies and bylaws.
• Compliance officers have a duty to their employer to work with management and staff to identify and manage regulatory risk.
• The Financial Intelligence Centre Act (FICA) requires accountable institutions, such as banks, attorneys and estate agents, to appoint a FICA compliance officer.
• The compliance officer is responsible for ensuring that the institution complies with FICA’s requirements and for reporting any suspicious transactions to the Financial Intelligence Centre (FIC).

Reporting Line:

•  This role will report to the Group Executive Policies and Procedures

Key Areas of Responsibility:

• Provide support to Head of FICA Compliance Officer and the wider Compliance team in the practical
• Implementation of the FIC Amendment Act requirements including relevant guidance notes and contribute towards maintaining a sound compliance culture in the group companies through the achievement of established compliance deliverables including the following:

FICA Compliance Related Responsibilities:

• Work closely with FICA Compliance Manager and ensuring the adherence to the Risk Management and Compliance Program, including providing assistance with FICA related queries from all staff members
• Ensuring compliance to all FICA process as per the FIC Act
• Adhere to CDD and EDD processes
• Manage all logged calls from the business with 48 hours
• Screening on Docfox or BPG approved screening software
• Reporting High Risk clients/Tenants to FICA Compliance Manager
• Approved high risk clients/tenants – FICA entities to be captured on B# FICA Module
• All approved tenants/clients from Docfox (or BPG approved screening software) screening entities to be created on B# within 24 hours
• All renewals to be captured on Docfox (or BPG approved screening software)
• Maintaining a monthly register of all high risk tenants/clients
• Maintaining a monthly register of all PEPS
• Reporting cash transactions of over R 49 999.00 to FIC on the GoAML platform daily
• Printing of Cash reporting from B# to ensure cash is reported daily and within 48 hours
• Prepare STR and SAR reports to the FICA Compliance Manager
• Auditing of portfolios monthly (FICA COMPLIANCE %)
• Complete audit reports and capture the information on B# ISO compliance fault centre
• Take-On of new portfolios- auditing and ensuring 100% compliancy with the 3-6 months remediation process
• Follow up on corrective actions from audits
• Maintain and update PEP and High risk register monthly
• Follow up and respond to all FICA related queries and requests
• Monthly reporting on the progress of the audits to be sent to the FICA Compliance Manager
• Perform due diligence reviews and reporting on high risk tenants annually
• Record keeping- Customer Due Diligence documents, all FICA related documents or any client transaction that takes place- this is kept on B# on FICA module or the document centre

Qualification & Skills Required :

• FICA Certified
• Sound and in-depth understanding of FICA/ML/TF control regulations and FIC Guidance Notes
• Minimum 3 years FICA experience
• Compliance Monitoring Experience

Personal Attributes:

• Process driven and analytical
• High level of attention to detail
• High degree of agility
• Good planning and organisational skills
• Ability to engage with stakeholders at various levels
• Ability to query, challenge and maintain a high degree of professional scepticism
• Insight to make relevant conclusions
• Excellent communication skills, both oral and written
• Ability to perform in a demanding team
• Resilience
• Team player
• Integrity and confidential nature

Computer Competency Requirements:

• Word
• Excel

Closing Date: 23 June 2025