Compliance & Regulatory Manager

This is a fully remote position, open to applicants in Texas.

📋 Description

• Lead and manage the regulatory compliance aspects of Flywire’s operations in South Africa.

• Localize and oversee an AML/CTF compliance program, which includes policies, procedures, and the Risk Management and Compliance Programme (RMCP).

• Track regulatory developments in South Africa relating to the NPS Act, consumer protection, FICA, and fintech laws.

• Evaluate the regulatory landscape for Flywire’s services and identify licensing or exemption requirements, such as ADLA or FSP registration.

• Cultivate relationships with the FIC, SARB (Prudential Authority and FinSurv), FSCA, and law enforcement when necessary.

• Oversee regulatory reporting, including STRs, CTRs, and TPRs to the FIC.

• Assist in managing bank and payment partner relationships, clarifying Flywire’s Legal, Compliance, and Regulatory framework.

• Provide support with the analysis and rollout of new products and services in South Africa.

• Contribute to Global AML/CTF compliance operations, including sanctions screening, transaction monitoring, fraud detection, and KYC/CDD.

• Coordinate presentations and reporting to management, regulators, and financial institution partners.

• Create internal communications and compliance training materials specific to South Africa.

• Perform regulatory reviews and due diligence on potential business acquisition targets.

• Assist in global artificial intelligence development related to AML/CTF and sanctions regulations.

⛳️ Requirements

• A minimum of seven years of relevant experience in the South African financial services sector, accompanied by a university degree, or ten years of equivalent experience in lieu of a degree.

• Proven experience in Anti-Money Laundering, Corporate and Risk Governance, Compliance, Audit, or Regulatory Management.

• Extensive knowledge of FICA (Financial Intelligence Centre Act) and the South African National Payment System (NPS).

• Capability to lead meetings and present effectively to executive leadership and regulatory bodies.

• Ability to manage multiple initiatives simultaneously in a dynamic fintech environment.

• Familiarity with regulations and guidelines pertaining to payment networks, the digital payments industry, and emerging payment system oversight in South Africa.

• Proficiency in analytics with a data-driven approach.

• Exceptional written and verbal communication skills in English.

• Must reside in South Africa and possess the legal right to work there.

🏝️ Benefits

• Competitive compensation.

• Employee Stock Purchase Plan (ESPP).

• Generous time off, including Digital Disconnect and FlyBetter Days for volunteering in causes you care about.

• Engaging Flying Start immersive Global Induction Program.

• Opportunity to collaborate with talented individuals globally.

• Comprehensive Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates.

• Excellent Talent & Development Programs (Managers Taking Flight; OneFlywire Career Mobility).