Senior Compliance Research Specialist (Fintech/Payments/UK Law)

Our client is a Cape Town-based shared services company supporting a group of financial services and fintech businesses. The organisation provides regulatory compliance, HR, IT, and operational support, with a strong focus on enabling secure, compliant, and efficient payment and cross border remittance services.

  

Role Overview

The Senior Compliance Research Specialist will play a key role in ensuring that our cross-border payment solutions comply with regulatory requirements and industry standards. This position requires a deep understanding of global compliance regulations, strong analytical skills, and the ability to work in a fast-paced and dynamic environment.

  

Job Type: Full Time/Permanent

Workplace: Hybrid ( remote working takes effect when the probation period is successfully completed. Earlier flexibility on this arrangement is assessed on a case-by-case basis.)

During the probation period, the candidate is required to be in the office full time.

Occasional weekend work required

Start Time: Start time for the role 05h00 to compensate for the time zone difference. An earlier finish time will apply.

Location: Cape Town

Department: Compliance

Reporting Line: Head of Risk and Compliance

  

Requirements

• Bachelor's degree in law, finance, business administration, or a related field.
• Minimum of 5 years of experience in compliance, preferably within the financial services or FinTech industry.
• UK Law experience required
• Proven experience in transaction monitoring and KYC/EDD processes.
• Strong understanding of compliance platforms like ComplyAdvantage, BankFocus, Orbis, Panjiva, and Capital IQ Pro.
• Excellent organisational and time-management skills.
• Professional certification in compliance or a related field is a plus.
• Strong analytical and research skills.
• Excellent understanding of compliance regulations globally.
• High attention to detail and accuracy.
• Ability to manage multiple tasks and prioritise effectively.
• Strong communication and interpersonal skills.
• Proficiency in using compliance and financial monitoring systems.
• Ability to work collaboratively in a team-oriented environment.
• Proactive and able to work independently when necessary.

  

Responsibilities

 

Support and Coordination:

• Assist the Head of Transaction Vetting.
• Support daily assignments and attend meetings as required.

  

Transaction Monitoring:

• Monitor payments and transactions, including invoices for B2B transactions and contract payments.
• Conduct entity and person checks on platforms like ComplyAdvantage, Orbis, Panjiva, and Capital IQ Pro.
• Review B2B & B2P's KYC & EDD documents.

 

Compliance Testing and Reporting:

• Conduct testing and file reviews based on risk assessment, including CDD review (SDD to EDD).
• Use appropriate systems for rigorous compliance monitoring of clients and transactions.
• Maintain the Daily Transaction Monitoring Excel Sheet.
• Report any suspicions to the line manager immediately.

  

Documentation Management:

• Assist in or perform continuous B2B client KYC, BOL & EDD document maintenance.
• Ensure all documents related to B2B transactions are saved, including business licenses, passports, invoices, and bills of lading.
• Properly maintain the B2B KYC & EDD Document Client folder.

  

Team Collaboration and Development:

• Assist other Compliance Team Members as required.
• Assist in translating between our Russian speaking client and the business