{"id":2853035,"url":"https://alion.io/job/lesaka-technologies-compliance-risk-manager","title":"Compliance & Risk Manager","company":{"id":57416,"name":"Lesaka Technologies","domain":"lesaka.tech","url":"https://alion.io/company/lesaka-technologies","size_band":"501-1000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Simplify","truth_index":{"grade":"B","score":80,"open_postings":12,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":14,"computed_at":"2026-10-22T06:10:10Z"}},"role":"Finance","role_family":"Finance","seniority":"senior","employment_type":null,"work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Cape Town, South Africa"],"countries":["ZA"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":26000,"max_usd":50000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":62},"experience_years_min":7,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"PCI DSS","optional":false}],"status":"live","first_seen_at":"2026-10-19T13:54:25Z","employer_posted_date":"2026-10-19","last_verified_at":"2026-10-22T08:14:50Z","board_verified":true,"closed_at":null,"days_open":2,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":2},"description":"Location: Cape Town, hybrid · Type: Permanent, full-time · Reports to: Head of LegalPurpose of the role\n\nThe Compliance & Risk Manager is responsible for overseeing compliance, operational risk, and fraud risk across the Lesaka Enterprise Division. The role ensures that regulated payment businesses meet all regulatory, sponsoring bank, scheme, and contractual obligations, while providing guidance on current and emerging compliance requirements. Acting as the Division's second line of assurance, the role works closely with Group Risk & Compliance, manages operational and fraud risks, and oversees the fraud investigation function.\nKey Responsibilities\n1. Compliance Framework and Regulatory Change\nDevelop and maintain the Division's compliance framework, regulatory universe and compliance risk management plans, aligned to Group Compliance standards.\nIdentify and track all legislation, SARB directives, PASA requirements, scheme rules and contractual obligations that apply to each company in the Division.\nMonitor regulatory change, including changes to the national payment system regulatory framework, and advise business on its impact.\nAssess the compliance and risk impact of new products, channels, partners and integrations before launch.\n2. TPPP and System Operator ComplianceEnsure that the Division's TPPP activities comply with the National Payment System Act and SARB Directive 1 of 2007, including the protection and handling of funds collected on behalf of billers.\nEnsure that the Division's System Operator activities comply with the National Payment System Act, SARB Directive 2 of 2007, PASA authorisation criteria and the rules of the payment clearing houses in which the Division operates.\nManage sponsoring bank requirements, including annual due diligence and enhanced due diligence reviews, questionnaires and information requests.\nLead the Division's response to SARB, PASA and sponsoring bank inspections and reviews, and track remediation actions to closure.\nMaintain a register of the Division's licenses, registrations, authorisations and sponsorship arrangements, with renewal dates and responsible owners.\nMake sure that collector, biller, switching and participant agreements reflect the Division's regulatory obligations, working with Legal.\n3. Compliance Monitoring and Assurance\nDevelop and run a risk-based compliance monitoring plan for the Division.\nReview business processes, systems and controls, and check and challenge first line processes and controls.\nInvestigate compliance breaches, record the outcome and recommend practical solutions.\nTrack findings and remediation actions to closure and escalate material breaches to senior management in good time.\nSupport internal and external audits and combined assurance activities.\n4. Operational Risk Management\nMaintain the Division's operational risk framework, risk registers, risk and control self-assessments and key risk indicators.\nManage risk incidents and loss events, including root-cause analysis and corrective actions.\nManage third party risk arising from collectors, billers, agents, merchants, utility clients and suppliers.\nSupport Business Impact Assessments and the maintenance and testing of the Business Continuity Management Plan.\nEmbed the Division's risk appetite and tolerance statements in day-to-day operations.\n5.Financial Crime, Fraud and Data Protection\nManage the Division's obligations under the Financial Intelligence Centre Act where applicable, including customer and counterparty due diligence, sanctions screening and reporting to the Financial Intelligence Centre.\nOversee fraud risk management and the fraud investigation function, including fraud trends, losses and reporting under the Prevention and Combating of Corrupt Activities Act.\nSupport compliance with POPIA, PCI DSS, the Cybercrimes Act and exchange control requirements for cross-border and remittance collections.\nEngage with SABRIC, PASA and industry forums on financial crime and fraud matters.\n6.Reporting, Training and Team Management\nPrepare monthly and quarterly compliance and risk reports and dashboards for Enterprise EXCO, risk committees and Group Risk & Compliance.\nDevelop and deliver compliance, risk and fraud awareness training across the Division.\nManage, develop and set objectives for the Fraud Investigator.\nExperience\n\n7+ years' experience in compliance and/or risk management within payments, banking or fintech.\nDirect experience of national payment system regulation, including TPPP and/or System Operator environments, is essential.\nExperience engaging with the SARB, PASA, sponsoring banks and card schemes.\nExperience in operational risk, compliance monitoring and investigations.\nExperience managing a small team is advantageous.\nQualifications and Skills\n\nDegree in Law, Risk Management, Compliance, Commerce or a related field.\nCompliance Institute Southern Africa (CCP), IRMSA, AML or CFE certification is advantageous.\nStrong working knowledge of the National Payment System Act, SARB directives, FICA, POPIA and related legislation.\nStrong analytical, problem-solving and report-writing skills.\nAbility to explain regulatory requirements in practical terms to technical and commercial teams.\nValid driver's licence and willingness to travel between Enterprise Division sites as required.","description_format":"text","description_chars":5320,"description_truncated":false,"requirements":{"experience_years_min":7,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Cards & Card Issuing","Payment Processing & Gateways"],"lifecycle":[{"event":"open","at":"2026-10-19T13:54:25Z"}],"visa":[],"liveness":{"score":60,"band":"ok","label":"Likely open","p_open":1,"p_active":0.602,"p_room":1,"age_days":2,"expected_fill_days":14,"reasons":["conf:1","stale_co","win:early"],"computed_at":"2026-10-22T06:10:10Z"},"pay":null,"html_url":"https://alion.io/job/lesaka-technologies-compliance-risk-manager","json_url":"https://alion.io/job/lesaka-technologies-compliance-risk-manager.json","meta":{"generated_at":"2026-10-22T09:08:39Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":5698,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-23T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":57416},"rest":"https://alion.io/mcp/rest/get_company?id=57416"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Flesaka-technologies-compliance-risk-manager"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Flesaka-technologies-compliance-risk-manager"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Flesaka-technologies-compliance-risk-manager"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/lesaka-technologies-compliance-risk-manager\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Flesaka-technologies-compliance-risk-manager"}]}