Compliance Analyst, Finance & Banking

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Job Title

Compliance Analyst

Location

Rosebank - Johannesburg, 2196 ZA (Primary)

Occupational Level

Professional

Job Category

Governance

Job Type

Permanent

Description

Pay Inc is a purpose-driven payments provider building on over 50 years of trusted history in South Africa’s payments ecosystem. Our mission is to connect people, businesses, and economies through secure, efficient and inclusive digital payments infrastructure and be a catalyst for financial inclusion and economic growth. From EFTs and cards to Pay Shap, Pay Inc provides the backbone that enables money to move safely across the economy.

At our core, we exist to make great connections, empowering participation, enabling growth, and ensuring no one is left behind.

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.

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

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

• 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.

• 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.

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

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

• 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).