Job Description
About the Role
Edgexec (Pty) Ltd is seeking an experienced Compliance and AML professional to join their team as a Deputy Compliance and AML Manager in Johannesburg. This pivotal second-line role requires a seasoned compliance and financial crime expert who can safeguard regulatory integrity while shaping a strong culture of compliance and financial crime risk management.
Key Responsibilities
- Monitor, interpret, and advise on current and emerging regulatory requirements.
- Design, implement, and maintain regulatory compliance and financial crime frameworks.
- Establish and maintain the Branch Risk Management and Compliance Programme.
- Oversee AML, CTF, PF, sanctions, and PEP screening processes.
- Act as MLRO and support AML compliance officer responsibilities.
- Conduct compliance and financial crime risk assessments and investigations.
- Oversee first-line control effectiveness and track remediation of findings.
- Develop and deliver compliance and AML training across the business.
- Prepare regulatory, management, and governance committee reports.
- Act as a key liaison with regulators, Head Office, and industry bodies.
Requirements
- Bachelor’s degree in Law, Finance, Accounting, Risk Management, or a related field.
- CPrac and/or CAMS qualification (required or strongly preferred).
- 58 years of experience in banking or financial services compliance and AML.
- Hands-on experience with RMCPs, regulatory engagement, and supervisory interactions.
- Strong knowledge of South African banking, AML legislation, and international standards.
- Experience with POPIA and data protection compliance.
- Excellent analytical, communication, and stakeholder management skills.
- Ability to operate independently in a dual-role capacity.
- Fluent English; Mandarin is a strong advantage.
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Salary information not provided.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Banking Jobs in Gauteng
The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.
When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.
Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.
The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.
Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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