Principal AML Financial Crime Compliance Officer

Location: Rosebank & Hybrid

Accountable to: Director of Risk & Compliance

As a key member of the DocFox Compliance Services Team, you will help drive value for our clients by delivering best-in-class services around financial crime compliance and the anti-money laundering related regulations of South Africa.

About us

DocFox is on a mission to make money laundering impossible. We are a team of curious, committed and passionate individuals who love building extraordinary things and being the best partners our customers will ever have.

With offices in South Africa and the US, our online software platform and compliance service offerings are used by a range of accountable institutions globally, from attorney groups and asset managers to foreign exchange firms and financial advisors - and we are still growing!

We dream big, are unreasonably ambitious and pride ourselves on humble confidence. As a team we are helpful, transparent, authentic, have fun and always give that little bit extra in the pursuit of excellence. Our dynamic environment enables smart, self-driven team players to be themselves and bring their best!

How you can make a difference

The DocFox Compliance Team works together to provide a spectrum of comprehensive financial crime compliance related services to customers.

These range from providing sound advice and training regarding legislation, regulations, guidelines and best practice, to guiding customers through audits or undertaking operational projects on behalf of our customers through the application of pragmatic, risk-based principles.

The Compliance Services Team takes a three musketeers’ approach of “all for one and one for all” and actively shares our knowledge and experience with each other. As part of the larger organization, we support our colleagues in their quest for knowledge around financial crime and are always on call to help them figure out a challenge, support the sales teams or work with them on new ideas for our software solution or product and service offerings.

In a perfect world, each team member would be able to support clients and colleagues across the full range of services and functions. However, as the team develops and the customer offering evolves, we will look to leverage strengths, build on foundations and interests, develop skills and share knowledge to raise the bar and provide opportunities for the entire team.

By guiding and supporting our customers in identifying, mitigating and reporting money laundering and financial crimes that result from predicate crimes, we can make a tangible impact in protecting our society, economy, environment and wildlife.

Key accountabilities

We are resourceful problem solvers focused on assisting our customers to run their business in a compliant way. We do this by providing best-in-class professional solutions whilst adding value to our overall service and product offering. That means that what we do is often driven by the needs of our customers, business, and our wider team.

However, these are some of the core areas of ownership and accountability that the team of Compliance Officers have:

1. Providing confident, professional, succinct advisory and pragmatic support to a broad range of accountable institutions around all AML regulations, guidelines and best practice.
2. Undertaking FICA related consultancy and operational projects on behalf of clients.
3. Confidently assisting customers define and implement risk rating schemas.
4. Professionally reviewing, commenting, editing and creating Risk Management and Compliance Programmes (RMCPs).
5. Guiding the DocFox customer facing teams as required around best-practice processes and controls and implementing customer RBA within the system.
6. Collaborating with the DocFox software product managers and designers in developing new functionality.
7. Assisting the sales team with information or providing support at client meetings when requested.
8. Keeping up to date with relevant news as well as the latest anticipated or actual regulatory changes - assessing the potential impact on our Clients and the DocFox offering.
9. Assisting the marketing team with brainstorming, campaigns and relevant timely social media and blog posts.
10. Creating and delivering training content, webinars and knowledge collateral for customers and colleagues both remotely and in person.

If you live and breathe financial crime and helping clients translate complex legislation into practical and pragmatic solutions, we need to talk. This role will draw on your faculties of curiosity, empathy, problem solving, organization skills and creativity and will require you to elicit the best out of your own character and those in our team.

Experience and knowledge suited to the role

IMPORTANT: You MUST have more than Client Onboarding or KYC to be considered for this role

1. LLB, Admitted Attorney or ACAMS preferred but not essential.
2. A minimum of 5 years broad FICA-based AML experience (not just onboarding or KYC).
3. Detailed, practical and applied knowledge of the Financial Intelligence Centre Act (and its Amendments) and an awareness of the key elements of related local legislation such as POCDATARA, POCA and PRECCA.
4. Understanding of governance, risk, compliance, and assurance concepts and approaches.
5. Ability to absorb complex information and translate it into practical, understandable elements.
6. Recognized qualification in AML would be advantageous (e.g. CAMS, ICA).

Ideal character traits suited to the role

1. A desire to share knowledge and experience whilst still continuously increasing your own.
2. You should be a strong, clear and confident oral, written and visual communicator.
3. Whilst it’s imperative to be analytical and detail-oriented, it’s just as vital to be a confident, pragmatic and resourceful problem solver.
4. You should feel comfortable bringing your authentic self to work and accepting others’ authenticity.
5. Whilst it’s essential to be an engaged and equitable team player focused on shared success, it’s also important to be willing and able to take full accountability for your own responsibilities and deliverables.

Equality and fairness

We value diversity and are committed to fairness, equality, respect and inclusion across race, gender, age, religion, orientation, identity, ability and experiences. Please advise us of any accommodations you may need.

For more information, visit our website at www.docfox.co.za