Job Description
About the Role
Our client, a fast-growing and highly innovative FinTech company within the payments space, is seeking a detail Junior Onboarding & Compliance Analyst to join their team based in Claremont, Cape Town. This role combines enterprise client onboarding, compliance administration, transaction monitoring, and daily payout operations, providing direct exposure to senior decision makers, compliance specialists, and operational processes within a rapidly scaling business.
Key Responsibilities
- Conduct KYB (Know Your Business) and KYC (Know Your Customer) checks for new enterprise clients.
- Collect, verify and maintain Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) documentation in line with FICA requirements.
- Maintain onboarding files, compliance documentation and client risk registers.
- Assist with RMCP execution, audits and reporting alongside external compliance partners.
- Ensure onboarding processes align with South African AML, FICA and POPIA regulations.
- Monitor daily payout transactions across the platform, identifying anomalies or irregularities.
- Investigate failed transactions, reconciliation discrepancies and operational exceptions.
- Prepare transaction logs, operational reports and month end reporting packs.
- Handle client operational queries relating to payouts, settlements and file submissions.
- Support daily operational processes to ensure smooth payout and reconciliation activities.
Requirements
Minimum 1 to 2 years’ experience within fintech, payments, banking or a regulated financial services environment. Experience working with KYC and KYB processes, ideally within B2B or enterprise onboarding. Sound understanding of FICA, POPIA and the South African AML regulatory landscape. Strong attention to detail with the ability to work accurately in a highly structured environment. Comfortable working with spreadsheets, reconciliations and operational documentation.
Qualifications
Relevant qualification in Compliance, Finance, Business, Law or related field preferred.
Salary & Benefits
Not specified
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Cape Town Region
In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.
Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.
Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.
The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.
For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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