Compliance Manager

Summary

Join our team as Compliance Manager in South Africa, overseeing all compliance activities for our South African entities. You will ensure adherence to regulatory frameworks, manage audits, maintain accurate records, and collaborate with stakeholders. Key responsibilities include managing compliance across various acts (Companies Act, FICA, Gambling Acts), implementing AML/CTF measures, developing CSI programs, and ensuring data protection compliance. This role requires proven compliance management experience in a highly regulated industry, strong understanding of South African regulatory frameworks, and excellent organizational and interpersonal skills. The ideal candidate will also possess experience in AML/CTF and compliance audits.

Requirements

• Proven experience in compliance management, ideally within the gambling, financial services, or a highly regulated industry
• Strong understanding of South African regulatory frameworks, including the Companies Act, FICA, Gambling Acts, POPIA, and PAIA
• Proven record of socio-economic programs managed previously
• Excellent organisational, record-keeping and analytical skills
• Strong interpersonal skills for effective collaboration with internal teams and external stakeholders
• Attention to detail and ability to manage multiple priorities under strict deadlines

Responsibilities

• Oversee and manage compliance audits across all South African entities, including FIC and MER audits
• Maintain accurate and up-to-date documentation and records to ensure smooth and successful audit processes
• Collaborate with internal teams to fulfill compliance requirements and deadlines effectively
• Manage relationships with external suppliers and third parties to achieve required compliance service levels
• Ensure annual disclosure of beneficial ownership to the CIPC
• Submit annual reports and payments to the CIPC
• Implement, oversee, and maintain Anti-Money Laundering (AML) policies and Risk Management and Compliance Programs (RMCP)
• Ensure compliance with customer due diligence, suspicious transaction reporting, and record-keeping as outlined in the RMCP
• Develop and maintain the RMCP, ensuring Board approval via resolution
• Ensure training is in place for employees on AML and Counter-Terrorist Financing (CTF) measures
• Ensure registration with the Financial Intelligence Centre (FIC) and appointment of FIC Compliance Officers
• Ensure compliance with advertising standards to prevent misleading marketing
• Implement measures to prohibit access by individuals under the legal gambling age
• Ensure timely renewal of bookmaker and manufacturer licenses and employee licenses
• Maintain extensive minutes of Board meetings covering compliance matters
• Develop, implement, and audit Internal Control Procedures (ICP) in collaboration with independent audit firms
• Maintain compliance with self-exclusion policies and provide reports to the Board and MER
• Develop and manage a robust CSI program aligned with regulatory and community upliftment objectives
• Collaborate with internal stakeholders and external third parties to identify impactful initiatives
• Prepare and submit detailed reports on CSI activities, including beneficiary information and outcomes, to relevant regulatory bodies
• Monitor compliance with Employment Equity Amendment Act targets if applicable
• Support initiatives related to Broad-Based Black Economic Empowerment (B-BBEE)
• Ensure registration of an Information Officer under POPIA and PAIA
• Submit annual PAIA reports as required

Preferred Qualifications

• Experience in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) measures
• Familiarity with compliance audit processes and reporting
• Leadership skills to drive compliance initiatives and ensure accountability across teams
• High ethical standards and integrity
• Proactive approach to problem-solving and risk management