Risk and Compliance Manager
- Full-time
Company Description
Why Join Us
Be part of a technology-driven online betting business operating within a regulated, high-growth market. Take ownership of the full risk and compliance function with real influence on business outcomes. Work closely with experienced operational, product, and leadership teams.
Play a critical role in protecting and scaling a licensed South African betting operation.
Job Description
- Regulatory Compliance & Governance
- Ensure full compliance with all applicable South African legislation, including but not limited to:
- National Gambling Act
- Western Cape Gambling and Racing Board Act and Regulations
- FICA
- POPIA
- All other relevant gaming, financial crime, and data protection legislation
- Act as the primary point of contact for regulators, licensing authorities, and external compliance stakeholders.
- Manage all licensing, approvals, submissions, renewals, and regulatory reporting requirements.
- Ensure ongoing compliance with provincial licensing conditions and statutory obligations.
- Maintain audit readiness at all times and manage regulatory inspections and audits.
- Embed a culture of compliance, accountability, and ethical conduct across the business.
2. Risk Management & RMCP Ownership
- Own and maintain the Risk Management and Compliance Programme (RMCP) in line with legislative and regulatory requirements.
- Regularly review, update, and enhance the RMCP to reflect regulatory changes, business growth, and emerging risks.
- Develop, update and maintain internal processes and policies in line with the RMCP
- Identify, assess, document, and mitigate operational, financial, regulatory, and reputational risks.
- Develop and maintain risk registers, control frameworks, and monitoring plans.
- Provide regular risk reporting and recommendations to senior management.
3. Financial Crime, Fraud & Player Risk
- Run the end-to-end risk function across the betting operation.
- Design, implement, and monitor fraud detection and prevention frameworks.
- Identify and investigate fraud, bonus abuse, arbitrage, syndicate play, and other forms of player manipulation.
- Conduct Enhanced Due Diligence (EDD), investigations, and player risk assessments where required.
- Oversee AML controls, suspicious transaction monitoring, and reporting obligations.
- Work closely with payments, customer support, and trading teams to manage player risk effectively.
4. Monitoring, Controls & Reporting
- Monitor all statutory and regulatory requirements to ensure ongoing compliance.
- Develop and maintain policies, procedures, and internal controls aligned to legislation and best practice.
- Track regulatory changes and proactively assess business impact.
- Produce clear, accurate compliance and risk reporting for management and regulators.
- Ensure proper record-keeping and documentation in line with statutory requirements.
5. Stakeholder & Cross-Functional Collaboration
- Partner closely with Operations, Finance, Product, Technology, and Customer Support teams to embed risk and compliance controls into day-to-day operations.
- Support product launches, promotions, and platform changes from a risk and compliance perspective.
- Provide guidance and training to internal teams on compliance obligations and risk awareness.
- Engage external advisors, auditors, and service providers where required
Qualifications
Required:
Minimum 5+ years’ experience in a Risk and/or Compliance role within iGaming, betting, financial services, or a similarly regulated environment.
Strong, practical working knowledge of:
- National Gambling Act
- Western Cape Gambling and Racing Board Act
- FICA and AML frameworks
- POPIA
Proven experience managing licensing, regulatory submissions, and regulator engagement.
Hands-on experience in fraud detection, AML, bonus abuse, syndicate play, and player investigations.
Experience developing, maintaining, and operationalising RMCPs.
Strong analytical and investigative skills with high attention to detail
Key Competencies
- Deep understanding of South African gaming regulation
- Strong risk assessment and investigative capability
- High ethical standards and integrity
- Structured, process-driven, and detail-oriented
- Confident communicator with regulators and internal stakeholders
- Decisive, pragmatic, and solutions-focused
- Able to operate independently in a fast-paced environment
Additional Information
Why Join Us?
- Competitive Packages: We offer a competitive salary, and opportunities for career advancement within a fast-growing industry.
- Collaborative Work Environment: You’ll join a diverse team of professionals who are passionate about innovation and customer engagement.
- Career Growth: Develop your skills in igaming marketing, gain technical expertise, and be part of an exciting, rapidly evolving industry.
- Challenging and Rewarding Work: Every day brings new challenges and opportunities to make a meaningful impact in a forward-thinking company.
If you’re ready to build something great and make a difference in a company that values innovation, apply today and join us in redefining the gaming experience!