Overview
Senior Compliance Administrator: Level 1 – Shared Services (Banking / Financial Services / Fintech) Jobs in City of Cape Town, Western Cape, South Africa at Black Pen Recruitment
Title: Senior Compliance Administrator: Level 1 – Shared Services (Banking / Financial Services / Fintech)
Company: Black Pen Recruitment
Location: City of Cape Town, Western Cape, South Africa
Senior Compliance Administrator: Level 1 – Shared Services (Banking / Financial Services / Fintech)
Our client is a South African shared services entity providing operational and compliance support. The function operates within a regulated banking environment, supporting cross-border payments and financial activity, with a strong focus on AML, compliance controls, and audit readiness.
Role Overview
The Compliance Administrator (Level 1) is responsible for executing day-to-day compliance and AML activities in support of our client's regulatory framework.
This is a non-decision-making role operating strictly at Level 1, focused on:
- Execution
- Documentation
- Monitoring
- Escalation
All regulatory decisions, approvals, and MLRO responsibilities remain with our client.
Job Type: Full Time/Permanent
Location: Cape Town
Workplace: Hybrid
Working Days: Sunday – Thursday
Requirements
- 4–7 years’ experience in:Compliance , AML / Financial Crime, Risk within banking or financial services
- Experience in regulated environments is essential
- Strong understanding of: AML/CFT frameworks, CDD / EDD processes and Sanctions screening and monitoring
- Exposure to compliance monitoring tools and systems
- High level of integrity and professional independence
- Strong analytical thinking
- Exceptional attention to detail
- Excellent documentation and record-keeping skills
- Ability to work within structured compliance frameworks
- Process-driven and disciplined
- Comfortable operating without decision-making authority
- Strong escalation mindset
- Able to work in a highly controlled, audit-focused environment
Responsibilities
- Execute compliance monitoring across payments and onboarding processes
- Support AML/CFT activities, including preparation of CDD and EDD files
- Perform Level 1 sanctions screening reviews and escalate findings
- Maintain accurate compliance records and audit trails
- Assist in regulatory reporting preparation
- Conduct internal compliance testing and checks
- Support audit and regulatory inspection readiness
- Assist with compliance training coordination and rollout
Control Framework
- Operates strictly as Level 1 compliance (execution layer)
- No authority to: File Suspicious Transaction Reports (STRs), Make regulatory decisions, Approve compliance outcomes