Compliance Specialist
You will manage South African compliance operations and act as the hands-on resource for regulatory maintenance. You will support licenses, regulatory contacts, merchant compliance checks, banking relationships, audits, product stress tests, regulatory reporting, high-risk escalations, screening reviews, and updates to local compliance manuals.
Responsibilities
- Execute administrative and technical requirements for System Operator and TPPP licenses
- Act as the local point of contact for SARB and PASA
- Handle regulatory data requests and routine inquiries
- Conduct compliance health checks of the South African merchant base
- Support local banking relationships and regulatory inquiries
- Execute partner-bank compliance requirements and KYC refreshes
- Support ongoing audits
- Perform compliance stress tests on new products and services
- Review high-risk customer escalations and manual screening hits
- Compile and submit required South African regulatory reports
- Update compliance manuals for FICA, POPIA, and local requirements
Requirements
- 3+ years of hands-on fintech or payment compliance experience in South Africa
- Deep understanding of FICA, FAIS, and PASA regulations
- Exposure to Nigerian CBN/SEC regulations is an advantage
- Ability to work independently and meet strict regulatory deadlines
- Experience with AML monitoring software
- Experience with automated KYC/KYB onboarding tools