Assistant Compliance Officer: Compliance and Monitoring

Assistant Compliance Officer:
Compliance and Monitoring

Organizational Unit

Financial Intelligence Centre >
Compliance and Prevention

Job Type

Permanent

Education

Location

Travel

0 - 10%

Desired Race

African, Coloured

Desired Gender

Male

Closing Date

19/10/2026

The FIC is an equal opportunity employer. Preference will be given to suitably qualified applicants in line with our employment targets and our commitment to diversifying our workforce. As part of our recruitment and selection process, persons with disabilities are encouraged to apply. All appointments are subject to satisfactory reference checks and security clearance.

Job Description

JOB PURPOSE
Include primary accomplishments, products, and services, who benefits from them and how
Apply technical knowledge and expertise to assist in the monitoring and enhancement of the level of reporting compliance by Accountable and Reporting Institutions in accordance with the Financial Intelligence Centre Act, No. 38 of 2001, as amended (FIC Act) in order to support the overall strategic direction and targets of the Compliance and Prevention division.

KEY PERFORMANCE AREA
Compliance Monitoring Support

• Assist in monitoring the goAML system and report on the state of compliance by Accountable Institutions with registration and reporting obligations in terms of FIC requirements and instructions.
• Utilise Compliance Monitoring Assessment System (CMAS) when executing monitoring activities.
• Assist in conducting on-site and desktop system and reporting reviews of supervised institutions in terms of FIC requirements and instructions.
• Assist in conducting open-source research on supervised institutions to determine and understand potential compliance risk.
• Assist in performing goAML entity- and user registrations and updates.
• Compare internal- and external data, utilising relevant data collection methods, tools and data sources to ensure the integrity of information on the FIC database and to have an up-to-date registration universe.
• Support the verification of the quality, integrity and adherence to regulations of information received by Accountable Institutions.
• Assist in providing reporting information for compliance reviews, inspections and/or enforcement matters at the request of the FIC or supervisory bodies in terms of the FIC Act.
• Provide support in tracking remediation activities and processes applied to non-compliant reporting and reporting failures of Accountable Institutions within the agreed timelines.
• Assist in reviewing outstanding sector risk assessment reports and engage relevant supervisory bodies to seek further input when required.
• Coordinate, escalate and provide support with public queries received from the public query platform through research, recommendations and providing effective responses for approval by the Senior Compliance Officer.
• Participate in compliance risk assessments to identify and evaluate compliance risks associated with non-compliance by Accountable Institutions.
• Assist in providing input into the risk matrix to enhance risk measures to support compliance initiatives

Compliance Analysis and Reporting

• Assist in drafting or updating research papers of existing and new sectors, including universe, scope and key industry specific compliance matters when required.
• Assist in analysing and evaluating the Risk Management Compliance Program in collaboration with the Senior Compliance Officer when required.
• Support the identification and investigation of discrepancies, patterns and connections between compliance information sources to support compliance monitoring and reporting.
• Assist in compiling and issuing risk-based desktop monitoring reports on Accountable and Reporting…