Job Description
About the Role
We are seeking a highly skilled Compliance Monitoring Officer to join our team in Somerset West. As a key member of our compliance function, you will play a critical role in ensuring that our clients’ due diligence is collected to the appropriate standard and that we maintain compliance with all regulatory requirements.
Key Responsibilities
- Ensuring that client’s due diligence is collected to the appropriate standard in line with our internal policies and procedures.
- Conducting Periodic Reviews, recording any deficiencies and generating action points for remediation.
- Conducting client screening using our screening system and open-source searches.
- Monitoring and analysing the results of the automated ongoing screening system and conducting research on relevant parties where potential adverse matches are identified.
- Conducting compliance monitoring in accordance with the compliance monitoring program to ensure compliance with all regulatory requirements and AML/CFT/CPF, recording deficiencies and generating remediating action points.
- Assisting in the development, implementation, and continuous improvement of internal policies and procedures to ensure operational efficiency and compliance.
- Assisting in the development and delivery of training materials for staff members on compliance topics.
- Providing day-to-day support/guidance to the staff as required in respect of compliance and AML/CFT/CPF matters.
- Participating in training sessions to increase your knowledge and understanding of the regulatory environment.
- Completing any other duties as and when required to drive business success.
- Assisting with the project management of new initiatives.
Requirements
- A minimum of 2–3 years’ experience in a compliance role, ideally within the financial services sector.
- Ideally holds International Compliance Association (ICA) Certificate and/or Diploma in Compliance or related field, or Association of Certified Anti-Money Laundering Specialists (ACAMS).
Qualifications
None mentioned.
Salary & Benefits
Salary details not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Legal Clerical Jobs in Western Cape
In the Western Cape, the demand for legal clerical positions is steadily increasing as more businesses and organizations seek to establish robust administrative support systems. The job market trend suggests a relatively stable employment outlook for individuals seeking careers in this field. However, competition can be intense, and adaptability is crucial for success.
Generally, the salary range for legal clerical positions in the Western Cape is wide-ranging and influenced by factors such as experience, company size, and industry sector. While it’s difficult to provide a precise figure, salaries typically fall within the R200 000 to R500 000 per annum range, although this can vary significantly depending on the specific requirements of the role. It’s essential for job seekers to research market rates and consider their individual circumstances when setting expectations.
Common skills required for legal clerical positions include proficiency in Microsoft Office software, particularly Word, Excel, and PowerPoint; strong typing skills; attention to detail; organisational abilities; and basic knowledge of law or a related field. In some cases, experience with document management systems, accounting software, or other industry-specific tools may also be beneficial. While specific requirements can vary, these fundamental skills provide a solid foundation for success in this role.
The Western Cape is home to a diverse range of industries that commonly employ legal clerical staff, including financial services sector companies, technology firms, and manufacturing organisations. Other sectors, such as government agencies and non-profit organisations, also often require administrative support personnel with legal experience.
For individuals seeking careers in this field, career development opportunities are plentiful. Typically, progression can occur through roles within a single organisation or by moving into related fields like paralegal work or law administration. Many employers offer training and development programs to enhance skills and advance within the organisation. Additionally, professional certifications, such as those offered by the South African Institute of Professional Accountants (SAIPA) or the Law Administration Academy of South Africa (LAASA), can also contribute to career advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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