Compliance Analyst

PURPOSE

• The main purpose of Compliance Analyst is to ensure that the organisation implements an effective compliance framework and processes and complies with all applicable laws and binding regulations, considers adherence to non-binding rules, standards and codes, specifically the King code of Corporate Governance. 
• The role contributes to safeguarding the organisation’s reputation, reducing compliance risk, and enabling ethical, sustainable business practices.

You will engage with the following stakeholders:
Internal

• Internal Stakeholders
• Executive Management
• Senior Management
• Middle management
• Risk Committee and Combined Assurance Structures
• Legal & Governance Structures

External 

• Regulatory Bodies (including the SARB)
• External service providers

Your key responsibilities include:

Regulatory Compliance & Advisory

• Facilitate and document compliance risk assessments for assigned business areas
• Assist providing compliance advice to business units
• Support regulatory submissions, reporting, and management responses
• Support management of the PFMI framework and business as usual process
• Maintain relevant parts of the regulatory universe and findings registers;
• Support the roll-out and periodic review of compliance policies, standards, procedures and control attestations.
• Assist with the alignment of compliance activities to internal governance requirements and recognised good practice, including King governance principles and combined assurance expectations.

Monitoring, Reporting & Assurance

• Execute on approved monitoring reviews within agreed timelines
• Assist in the tracking, investigating, and reporting of breaches, exceptions, and non-compliances
• Assist in the preparation of reports for governance structures, regulators, and Exco, ensuring accurate and timely submissions.

Risk Identification & Mitigation

• Act as the risk champion for the compliance function;
• Act as the privacy champion for the CRO office
• Identify key compliance risk indicators, emerging regulatory themes and control weaknesses and escalate material matters to management

Training & Awareness

• Drive compliance awareness campaigns across the business
• Support the delivery of targeted training sessions on compliance requirements, policies, and ethical practices.

QUALIFICATIONS / KNOWLEDGE

• Minimum: Relevant bachelor’s degree (Law, Compliance, Risk Management, or equivalent).
• Preferred: Postgraduate qualification and/or Certified Compliance Professional (CPrac or similar).

EXPERIENCE

• Minimum 5 years’ experience in a compliance environment, preferably in financial services, payments, or banking sector
• In-depth knowledge of local regulatory landscape (e.g., FIC Act, POPIA, Companies Act, SARB directives, Payments legislation/regulations, PFMI).