Compliance Clerk

SUMMARY:
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POSITION INFO:

     Job Duties/Tasks   

1.  Regulatory & Policy Compliance

·         Monitor discounting transactions to ensure compliance with legislation, company policies, and contractual agreements.

·         Assist in the implementation of compliance frameworks, controls, and procedures specific to discounting operations.

·         Perform signatory checks on Agreements to ensure they are compliant

2.    Transaction Monitoring & Verification

·         Verify supporting documents for discounting transactions to ensure accuracy and completeness.

·         Escalate discrepancies, irregularities, or potential breaches to the Compliance Manager.

3.    Record Keeping & Reporting

·         Maintain up-to-date compliance registers, documentation, and discounting records.

·         Prepare compliance and exception reports for management review within agreed timelines.

4.    Risk Management & Audit Support

·         Identify potential risks within discounting processes and recommend corrective measures.

·         Provide support during internal and external audits by collating and submitting required documentation.

5.    Stakeholder Engagement

·         Liaise with internal teams (Finance, Credit, Risk) and external stakeholders to resolve compliance queries.

Support awareness initiatives and communicate compliance requirements to staff within the department.

Qualifications and Experience

·         Matric / Grade 12

·         Minimum 2–3 years’ experience in a compliance, finance, or auditing environment (preferably in discounting, financial services, or lending).

·         Strong knowledge of regulatory frameworks applicable to discounting and financial transactions.

Computer skills compulsory (Microsoft Word, Excel and Outlook)

Skills & Competencies

·         Analytical and problem-solving ability.

·         Knowledge of compliance regulations and internal controls.

·         Strong communication and interpersonal skills.

·         Attention to detail

·         Deadline driven

·         Able to work under pressure

·         Capable of working individually and in a team

·         Motivated and self-confident