Compliance Officer, Cape Town

A leading Wealth Management business is seeking a highly experienced

Compliance Officer

to join their governance structure. This role plays a critical function in ensuring regulatory adherence, mitigating risk, and embedding a strong culture of compliance across the business.

The successful candidate will work closely with Wealth Managers, Administrators, and Paraplanners, proactively identifying compliance risks while ensuring alignment with all relevant legislation and industry standards.

Key Responsibilities Compliance&Risk Management

Conduct risk assessments and proactively identify and mitigate compliance risks

Execute Line 1 and Line 2 compliance monitoring activities, including control checks, CDD/EDD reviews, and reporting

Design and implement action plans to address compliance gaps

Oversee the full fit-and-proper lifecycle for representatives

Policies&Governance

Draft, implement, and maintain compliance policies and procedures, including POPIA-related frameworks

Maintain and update the Risk Management and Compliance Programme (RMCP)

Manage the business Policies&Procedures repository

Communicate regulatory changes and ensure implementation across the business

Regulatory&Management Reporting

Prepare and maintain FSCA and FIC regulatory reports

Ensure supporting documentation and reporting schedules are accurate and up to date

Provide monthly compliance reports to Senior Management

Manage Time Critical Events and reporting to external compliance partners

Operational&Business Support

Provide compliance guidance to internal teams

Support onboarding processes including CDD and EDD procedures

Assist with business projects such as remediation and data clean-ups

Support audits, inspections, and investigations (internal and external)

Training&Compliance Culture

Develop and implement a CPD policy and annual training plan

Facilitate AML/FICA and compliance training

Deliver onboarding and ongoing staff training

Promote a culture of compliance, governance, and ethical conduct

Professional Ethics&Controls

Manage conflict of interest, gifts&invitations, and moonlighting policies

Maintain relevant registers and ensure adherence to ethical standards

Minimum Requirements Qualifications

Relevant degree or qualification (e.g. LLB, BCom Law, Risk Management, or Compliance NQF 6/7)

RE1 (essential); RE3 advantageous

Preferred: CPrac / CISA membership

Experience

Minimum 6+ years’ experience in a Compliance Officer role within Financial Services

Strong experience with FAIS, FSCA, FICA, POPIA, PAIA regulations

Proven track record in:

Compliance monitoring (Line 1&Line 2)

RMCP development and maintenance

Policy drafting and implementation

Core Competencies

Strong analytical and problem-solving ability

Excellent report writing and communication skills

High attention to detail and accuracy

Ability to work independently and manage multiple priorities

Strong stakeholder engagement and interpersonal skills

Ethical, professional, and highly organised

Technical Skills

Proficient in Microsoft Office (Word, Excel, PowerPoint, Teams)

Strong understanding of data security and confidentiality practices

Awareness and responsible use of AI tools in a compliance environment

Behavioural Fit The business operates on strong core values and seeks individuals who align with:

Integrity: Acting ethically and transparently at all times

Respect: Valuing people and relationships

Teamwork: Collaborative and supportive approach

Excellence: High standards and attention to quality

Innovation: Open to change and continuous improvement

Why Join?

Be part of a high-performing Wealth Management business

Play a strategic role in governance and compliance leadership

Work in a culture that values integrity, collaboration, and innovation

Opportunity to shape and influence compliance frameworks at a senior level

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