AVP - Compliance

JOB DESCRIPTION

Network International is the largest Financial Technology company in Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we are growing in direct-to-consumer card segment as well.

Network International is the largest Financial Technology company in Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we are growing in direct-to-consumer card segment as well.

At Network International, we always stay ahead. In the fast-paced world of financial services, we thrive on innovation, agility, and purposeful collaboration. We invest first in our people, empowering you to make bold decisions, learn fast and grow your expertise alongside industry leaders. Here, solving complex problems means more than using cutting-edge technology; it’s about creating meaningful value for our customers, together.

We foster a culture where trust, accountability, and achievement go hand in hand - because success isn’t just a goal; it’s how we work, every day, as one team.

The purpose of the job is to act as the person responsible for leading and continuously enhancing the organization's Compliance and Regulatory Risk Management Framework. The role ensures adherence to applicable South African regulatory requirements, including FSR Act, SARB, FSCA, Prudential Authority (PA), FICA, PASA requirements, along with the Broad-Based Black Economic Empowerment Act (B-BBEE), while promoting a strong culture of ethics, compliance, and risk awareness across the organization.

The position acts as a trusted advisor to senior management, Board committees, and regulators on compliance, governance, financial crime, and regulatory risk matters.

The role provides support to the Group Chief Risk Officer and is responsible for coordinating regulatory reporting activities and ensuring strict reporting time frames are met.

Support the implementation and ongoing enhancement of the Compliance Program, including the risk and compliance framework, risk assessments, control testing, AML/CTF training, regulatory reviews, maintenance of the obligations register, and related awareness initiatives, ensuring all activities are delivered within agreed timelines.

• Identify, assess, record, and monitor compliance and regulatory issues, partnering with business stakeholders to implement timely remediation actions and providing regular status reporting and performance metrics.
• Oversee Customer Due Diligence (CDD), Know Your Customer (KYC), and Enhanced Due Diligence (EDD) activities, providing AML support for customer onboarding and transactional reviews, including the assessment of high-risk exposures.
• Act as the South Africa Data Protection Officer (DPO), providing advice, oversight, and monitoring of compliance with applicable data protection and privacy requirements.
• Serve as the Money Laundering Reporting Officer (MLRO) and ensure compliance with applicable anti-money laundering, counter-terrorist financing, and financial crime regulations.
• Support regulatory change management initiatives and participate in ad hoc projects, regulatory reviews, and compliance-related assignments.
• Promote and foster a strong culture of compliance, ethics, and risk awareness throughout the organization.
• Provide guidance and support to business units on compliance with applicable laws, regulations, internal policies, and procedures.
• Manage regulatory reporting obligations, including the preparation and submission of regulatory notifications, reports, and communications to relevant authorities within prescribed deadlines.
• M…