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Cape Town City Centre: Legal Compliance Assistant – Anti Money Laundering

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Job Description

About the Role

The Legal Compliance Assistant – Anti Money Laundering role is an exciting opportunity for a motivated and detail-oriented individual to join our team in Cape Town City Centre. As a key member of our Risk and Compliance function, you will play a crucial role in ensuring the firm’s compliance with regulatory requirements and maintaining high standards of AML practices.

Key Responsibilities

  • Conducting client due diligence checks and reviewing identification documentation in line with the firm’s AML framework.
  • Ensuring all AML records are complete, accurate, and compliant with regulatory requirements.
  • Running and documenting Source of Funds (SOF) and Source of Wealth (SOW) checks, ensuring risk-related information is appropriately obtained, analyzed, and escalated where required.
  • Supporting ongoing AML monitoring activities, including periodic reviews, enhanced due diligence, and maintaining up-to-date risk assessments.
  • Maintaining and updating compliance and regulatory registers, ensuring alignment with SRA and ICO obligations.
  • Assisting with the coordination and administration of firm-wide compliance training, including AML training content and staff reminders.
  • Supporting compliance onboarding for new starters, ensuring AML checks and mandatory training are completed timeously.
  • Maintaining key compliance documentation, including SRA records, practicing certificate renewals, and wider compliance files.
  • Providing day-to-day administrative support to the Risk and Compliance Manager to ensure consistent and effective compliance operations.

Requirements

Relevant tertiary qualification in a relevant field (e.g., law, finance, or a related discipline). Genuine interest in AML processes, regulatory compliance, and legal risk. Excellent IT skills with strong data handling capability. High level of accuracy and attention to detail, with a commitment to maintaining high professional standards.

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Qualifications

Formal education/certification not specified.

Salary & Benefits

Salary information not provided.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Legal Jobs in Cape Town Region

Cape Town is a thriving hub for legal professionals in South Africa, with many multinationals and local companies operating in the region. The job market trends for this field are generally strong, with an increasing demand for skilled lawyers and legal advisors. Typically, these roles require a strong educational background, combined with relevant work experience and a good understanding of the local legal landscape.

When it comes to salary expectations, it’s common for lawyers and legal professionals in Cape Town to earn between R500 000 to R1 million per annum, depending on factors such as their level of experience, the size of the company they work for, and the industry sector. However, salaries can vary widely, and actual figures may be higher or lower than these broad ranges. For example, senior lawyers in certain industries may earn significantly more, while entry-level professionals may start at a lower salary.

In terms of common skills required for this type of role, typically, lawyers and legal professionals need to possess strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. A good understanding of the law and regulatory requirements is also essential, particularly in industries such as financial services, technology, and manufacturing. Additionally, many companies require their lawyers to have experience working with technology and data analytics tools, as well as a basic understanding of digital transformation and its implications for business.

Many industries commonly employ lawyers and legal professionals in Cape Town, including the financial services sector, the technology industry, and manufacturing sector. The demand for skilled lawyers is also strong in sectors such as construction, energy, and natural resources.

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For those looking to start or advance their careers in this field, there are many development opportunities available. Typically, lawyers can expect to progress through a series of roles, from junior lawyer to senior counsel, with experience gained along the way. Many companies also offer training programs and professional development opportunities to help employees develop new skills and expertise. With the right combination of education, experience, and skills, individuals in this field can enjoy rewarding and challenging careers in Cape Town and beyond.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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