63 Financial Compliance jobs in Johannesburg

Manager, Financial Crime Compliance Oversight

Business Segment: Group Functions

Location: ZA, GP, Johannesburg, 30 Baker Street

To manage the operational implementation of the Group Financial Crime Compliance Conformance Services Framework across all countries (South Africa, Africa Regions, and Offshore) and jurisdictions in which the organisation does business. The goal is to ensure that business is conducted in a compliant manner to avoid operational losses, fines, penalties, or reputational damage, thereby enabling the organisation's competitive advantage.

• Degree in Audit, Business Commerce, Finance and Accounting, Legal, or related fields
• 5-7 years of experience in financial crime compliance
• Experience in compliance monitoring and testing of risk and control frameworks, policies, and their implementation
• Knowledge of financial crime laws, regulations, guidance, and advisory practices
• Understanding of bank processes, products, and systems
• Strong background in team management, report drafting and review, and stakeholder interaction, including with senior management

Please note: All our recruitment processes comply with applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line at or

Description

Investec is looking for a Compliance Manager (Transaction Monitoring) within Group Financial Crime Compliance to lead the design, implementation, and ongoing optimization of the Group's transaction monitoring (TM) framework. This role ensures that monitoring systems are risk-aligned, effective, and compliant with regulatory obligations across jurisdictions. It provides strategic direction, oversight, and coordination with technology, business units, and financial crime operations teams.

Strategy, Framework and Governance

• In collaboration with other financial crime subject matter experts, develop and drive the Group's TM strategy, ensuring alignment with enterprise FCC priorities, risk appetite, and jurisdictional obligations.
• Own and maintain the Group Transaction Monitoring Framework and associated documentation.
• Ensure compliance with AML / CFT obligations under the FIC Act, FATF recommendations, and international standards.
• Lead annual reviews of TM risk coverage and control effectiveness.
• Chair and direct relevant TM governance forums to ensure strategic alignment, effective decision-making, and timely issue escalation and resolution.

TM System Design & Optimization

• Maintain expert-level understanding of TM system functionality and data flows to ensure configurations remain fit-for-purpose.
• Drive rule tuning, segmentation / clustering updates, and system calibration to reduce false positives and enhance risk detection.
• Oversee periodic model validations and reviews, including all system triggers and thresholds, in collaboration with analytics teams.
• Partner with technology, change, and project teams to define TM-related requirements, participate in solution design, and conduct user acceptance testing (UAT).
• Collaborate with analytics and data teams to incorporate behavioural and typology-driven monitoring.

Business Unit & Jurisdictional Engagement

• Advise BU / jurisdictional FCC teams on TM-related matters, including rules, typologies, population groups / clusters, and threshold setting.
• Ensure typology coverage and thresholds are risk-appropriate across business units, subsidiaries, and jurisdictions.
• Support the onboarding of new products, business lines, or geographies into TM systems.

Regulatory Interface and Reporting

• Lead group-level responses to regulatory requests, inspections, and thematic reviews related to TM, ensuring accurate and timely submissions.
• Track and report key metrics to regulators, as required.

Change and Innovation

• Lead or contribute to TM system upgrades, automation, and technology adoption.
• Integrate behavioural analytics, typology-driven monitoring, and intelligence-led enhancements into the TM approach.
• Proactively engage with peer institutions, industry bodies, and regulators to identify best practices, emerging trends, and typologies in TM.
• Translate insights into enhancements to the Group TM framework and systems.

Monitoring & Oversight

• Provide second-line oversight of TM operations and alert management performed by Financial Crime Operations teams across all business units, subsidiaries, and jurisdictions.
• Use dashboards, trend analysis, and data-driven triggers to identify emerging risks, typologies, and systemic issues to inform rule tuning, segmentation, thematic reviews, and strategic enhancements.
• Define and oversee the production of TM MI, KRIs, and dashboards to assess coverage, alert quality, and control effectiveness.
• Track and report on the performance of risk mitigants linked to TM; escalate gaps and ensure delivery of remediation plans.
• Review audit and assurance findings and drive timely remediation.

Qualifications, Experience and Skills

• Qualification in compliance, law, finance, risk management, or data science (required).
• Minimum of 8 years' experience in AML / financial crime, including at least 5 years in TM roles.
• Deep understanding of TM systems, rule design, and risk typologies.
• Proven experience working with data and analytics teams to refine monitoring approaches.
• Strong analytical skills with the ability to interpret data sets and identify trends.
• Excellent stakeholder engagement skills; able to liaise effectively with business, technology, and compliance leadership.
• Strong knowledge of FATF recommendations, the FIC Act, and international TM standards.
• Detail-oriented and results-driven.
• Ability to work independently and collaboratively within a team environment.
• Strong problem-solving and critical thinking abilities; independent thinker with high ethical standards.
• Agile and innovative mindset.

What We Value

At Investec we seek creative, talented people with passion, energy and stamina, who collaborate unselfishly.

We are committed to diversity and inclusion when recruiting internally and externally.

Senior Manager, Financial Crime Compliance Officer Function

Job Overview

Business Segment: Group Functions

Location: ZA, GP, Johannesburg, Baker Street 30

To manage & lead a Group Financial Crime Compliance Officer Function to support the Business Lines with the implementation of Policies & Standards. To define & implement the GFCC Business Area Strategy. To provide specialist GFCC related guidance and advice. To identify & address GFCC specific awareness & training needs. This is essential to assure that the Business Area is conducting business in a compliant manner to avoid operational losses, fines, penalties or reputational damage.

Qualifications

Minimum Qualifications

• Tertiary qualification in law, risk management or relevant field of study
• Post Graduate Degree will be considered as an advantage
• 5-7 years - Financial crime compliance (FCC) experience in the banking/ financial industry. Embedment/oversight of FCC framework implementation. FCC guidance/ advisory. Risk assessments/ risk-based approach. Strategic planning/ operationalisation. Management. Banking Products, Processes, Data/ Systems.
• 5-7 years - The role requires a leader seasoned and expert in Compliance with profound knowledge of the full dimensions of the field, but deep expertise in the relevant area of specialisation. Regulatory environment savvy, a proven track record in influencing seasoned leaders and employees across multiple countries and business areas to effectively implement compliance frameworks.

Business Segment: Personal & Private Banking

Location: ZA, GP, Johannesburg, Baker Street 30

To attend to and act as an initial point of contact for all customer needs and service enquiries related to Risk and Fraud while adhering to the laid down processes and procedures to ensure mitigation of the risk and financial losses for both customers and Standard Bank South Africa.

Type of Qualification: Secondary/High school/A levels/Matric
Field of Study: Not applicable

Experience Required
Client Coverage
Personal and Private Banking
1-2 years
Exposure in either Fraud or Risk. Contact Centre experience would be an advantage.

• Adopting Practical Approaches
• Articulating Information
• Documenting Facts
• Examining Information
• Following Procedures
• Interacting with People
• Managing Tasks
• Taking Action
• Thinking Positively
• Upholding Standards

• The resource would need to have a vast knowledge of Assurance, Risk Management and Governance, including frameworks like King IV, Cobit, Nyst and other relevant frameworks, relevant laws and regulations.
• Their role will be to write a comprehensive document or set of documents, to be used to structure and design learning programs within the Group to a light certificate in systems auditing (CISA light).
• The resource would need extensive written experience as well.
• Drafting risk assurance reports or audit findings.
• Writing risk management frameworks, policies, and procedures.
• Creating clear communication for executives/boards on assurance and risk.
• Providing templates for assurance reviews, risk registers, or compliance monitoring.