Assistant Compliance Officer

**Let's Write Africa's Story Together!** Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. **Job Description** This role will provide on-going support to the High-Risk Relationship Team in OMI. The incumbent will Independently review client risk assessments / risk ratings from an AML/CFT perspective, to ensure they are completed in accordance with policies, procedures, and regulatory requirements. The incumbent will also support in the review and clearing of AML/CFT screening hits as well as providing support in ad hoc projects within the High-Risk Relationship Team. **Key responsibilities will include amongst others the following:** * Independently conduct and review Client Risk Assessments / Risk Rating from an AML/CFT perspective and ensuring the required KYC documents are collected. * Review adverse media and clearing of AML/CFT sanction hits – knowledge of Dow Jones and/or WorldCheck is advantageous in this regard. * Identify and conduct client risk assessments on PEP clients * Understand high risk industries and ensure correct sign-off is obtained * Often acts as a point of escalation and liaise with internal stakeholders to ensure resolution. * Contributes to the overall client delivery and experience. * Advises on system enhancements and testing. * Ensures first time resolution of all client queries received. * Supporting on the daily review and approval of Client Risk Assessments on all client instructions pertaining to Individuals and Entities where required. * Perform Client Due diligence in line with FICA requirements and offshore regulatory requirements. * Utilise problem solving skills to resolve complex queries. * Maintain an awareness and ability to identify and avert potential risk issues. * Apply and adhere to OMI’s policies and procedures, always maintaining a comprehensive understanding to pro-actively identify and propose improvements on an ongoing basis. * Report findings in a timely manner to relevant client teams. * Identify areas to improve own knowledge and skills and actively seek assistance. * Maintain an up to date understanding of the relevant legal and regulatory requirement. * Identify and do assessments on PEP clients **Qualifications and Experience required:** * Minimum of 5 years working experience in a KYC/ Compliance role. * Degree in Law/ LLB will be advantageous * Knowledge of legislation, regulations, and legal principles applicable to the financial services industry. * AML/CFT and FATCA/CRS compliance experience in offshore markets will be advantageous * Experience working on the administration of both individuals and Entities * Excellent written and verbal communications skills. * Excel skills is advantageous. * Strong attention to detail. na **Skills** Compliance Software, Computer Literacy, Customs Compliance, Data Compilation, Engineering Standards, Evaluating Information, Learning and Development (L&D), Legal Practices, Management Reporting, Oral Communications, Professional Presentation, Regulatory Compliance Management **Competencies** Action Oriented Communicates Effectively Decision Quality Ensures Accountability Instills Trust Manages Complexity Optimizes Work Processes Organizational Savvy **Education** NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent **Closing Date** 09 September 2026 , 23:59 _**The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.**_ _**The Old Mutual Story!**_