Compliance Officer AML

About

Description

The Compliance Officer – AML (PP4429) at Alexander Forbes will play a critical role in supporting the Head of Financial Crime Control in managing and implementing the Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Proliferation Financing (PF), and Sanctions risk program across the Alexforbes SA group. Based in Johannesburg, this position forms part of the First Line Compliance team within the Investment pillar. Key responsibilities include conducting financial crime risk assessments, managing regulatory reporting (e.g., Directive 4 and 6), monitoring outsourced functions for compliance, escalating financial crime risks, and ensuring governance documents and SOPs are up to date. The role also involves developing AML-related training, responding to internal queries, supporting compliance audits, and staying abreast of regulatory changes. Candidates must hold a relevant degree (LLB, BCom, Internal Audit, or Risk Management) or a postgraduate diploma in Compliance, with 3–5 years’ compliance experience in a regulated financial services environment and at least 3 years in an FCC and FIC-related role.

Responsibilities

• Conduct and assist with financial crime risk assessments, including risk-based assessments (RBA)
• Maintain and execute the AML/CFT governance calendar and compliance work plans
• Monitor outsourced functions and ensure alignment with regulatory obligations
• Provide guidance and respond to internal AML/CFT-related queries from business units
• Escalate compliance and operational risks related to financial crime to the Head of AML/CFT/PF & Sanctions
• Develop and roll out AML/CFT/PF & Sanctions training across business units
• Monitor changes in legislation and ensure ongoing regulatory compliance
• Prepare and submit statutory reports (eg, Directive 4, Directive 6) to regulators
• Perform compliance monitoring reviews and sample checks of outsourced customer files
• Maintain the FCC risk register and manage issue closure
• Align FCC checklists and SOPs with the AML/CFT/PF & Sanctions framework
• Participate in compliance audits and support regulator inspections
• Support business units in embedding AML/FCC processes and policies

Qualifications

• Degree: LLB/BCom, Internal Audit, Risk Management, Post-graduate diploma in Compliance management
• 3-5 years of compliance experience within a regulated financial services environment
• Minimum 3 years of experience in an FCC and FIC environment

Application instructions:

• Click the green button, to apply.