Junior Compliance Officer at Shoprite Group of Companies

Purpose of the Job    

• The purpose of the Junior Compliance Officer role is to support the compliance team with maintaining and embedding a culture of compliance across the business unit.
• The role assists in ensuring that applicable legislation is being complied with by staff across the business unit.
• The Junior Compliance Officer is an enabling role that assists the compliance team with transaction monitoring and customer account activations.
• The role also works closely with the Compliance Officer in executing tasks that align with the compliance mandate. 

Job Objectives    

• Continuous monitoring of transactions and clients for fraudulent, suspicious, unusual, or terrorist related activities.
• Ensure that all FICA documents are received for customers and that documents are accurate and valid.
• Ensure that customer details on the Shoprite Money Transfers system are up to date.
• Perform Ongoing Customer Due Diligence on customers including customer FICA refreshes.
• Proactively seek ways to continuously improve and refine the portfolio compliance processes.
• Attend to portfolio compliance discrepancies and partake in meetings and discussions.
• Assist with further investigation into flagged transactions.
• Support with general Compliance related duties where required.
• Address ad hoc portfolio compliance queries from the business.
• Maintain central records and registers to a high standard.

Qualifications    

• Matric/Grade 12 - (essential).
• B.Com Law Degree or equivalent - (beneficial). 

Experience    

• +1 years' experience in a Legal Office and/or financial Compliance support capacity in Group Governance and Compliance team with specific exposure to governance, compliance and risk practices within the context of Group wide frameworks, policies, procedures and guidelines -(essential). 
• Experience in a Financial environment - (beneficial).

Knowledge and Skills    

• Understanding of Anti-Money laundering and terrorist financing legislation and regulations - (essential).
• Exposure to applying King IV principles, relevant laws, regulations and best practices as they relate to the Group and specific business areas - (beneficial). 
• Understanding and exposure to creating and managing compliance related knowledge assets for alignment, learning and guidance (central repository) - (beneficial).

Closing Date    

• 2025/10/30